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Originally Posted by Hot_Flatus
Well we know what player payroll is, and it would be a massive stretch to assume that the remaining expenses towards operations, travel and staff etc would exceed $90M annually.
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In other words, you have no information but assume that a hockey team must be cheap to run, because that's the answer you want.
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There's also likely several more revenues that have been conveniently omitted from these figures due to creative accounting on the team's front.
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In other words, you have no information but assume that the owners are hiding HRR from the NHLPA and its lawyers and accountants, as well as the other 31 owners (who all have a competitive interest in seeing that the salary cap is correctly accounted for), because that's the answer you want.
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There's also likely expenses that are unaccounted for.
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First accurate thing you've said, as the people doing these valuations have access to the top line (HRR) but not the bottom line.
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Either way, these guys are making dump trucks full of money in their other ventures away from the NHL.
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Is there something wrong with that? Why shouldn't they just ditch their NHL teams and keep their dump trucks full of money?
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It may pale in comparison, but they are certainly all cashing significant cheques on the back of this franchise since the lockout in 2004.
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Every team lost a bundle in the 2012 lockout. Every team lost massively from the Covid shutdown. Two events like that can wipe out a lot of years' profits.
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Rest assured, if this team came available, it would be snapped up in a hurry and the league isn't allowing this market to be deleted if the city won't give these greedy owners a massively subsidized building.
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And this is the conclusion you wanted to reach, so you made up your own facts to reach it. Bravo.