Quote:
Originally Posted by Aarongavey
Forbes has the Flames operating revenue at 41 million bucks a year so not quite sure how one could come to the conclusion that they are losing money each year.
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Forbes does a lot of guesswork for private companies, though NHL teams have to open the books somewhat under the CBA.
But moreover, revenue is only half the equation. What are the expenses?
What even is "operating revenue" in this context? I mean, $41M can't be all there is because that doesn't even cover 50% of their player salary expenditure.