Quote:
Originally Posted by Aarongavey
The Sens made 47 million in operating revenue, so they were somehow more successful than the Flames despite having no playoff.
Flames made 22.3 million in operating revenue in 2014, no playoff games helped them that year. You said they lose money, they do not lose money.
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Fair, and who knows, one would have to look at it and see (salary cap expenses, etc..). But you've cherry picked one year. If you take the same look at Ottawa's operating revenue back to the 05 season, it's a very similar profile to the Flames, with actually a worse average outcome, including 3 seasons with over $1M in losses and lower peaks than the Flames best years.
The Ottawa Senators are also not a strong investment for their ownership group.
We are getting nit picky on losing money vs. not losing money. Proof is in the stats. The Flames lose money sometimes, and earn very little money (in comparison to expense) most of the time, and they have their best earning seasons when there are playoffs involved. Same with other teams.
Grabbing one season here or there to try and make a point means nothing. I'm sure there are exception seasons all over the place for a variety of reasons. The general point, this is not a lucrative venture for the Flames ownership. Playoff games make it less of a burden for them, so the motivation to make playoffs as much as possible is understandable.
If you think getting an average of $8.7M a year (which btw is actually less than $8.7M when you include last years $41M and the two COVID years) is making money for this ownership group, you don't get it. You don't invest the hundreds of millions it costs to run this team each for $8.7M average return if you are interested in making money. Lot's of things they could to do instead to increase that return, so from an ownership perspective, the Flames cost them lost potential earnings.
It's also why, they don't just build the arena themselves when it's time for a Billion dollar investment to continue the teams operations. It's not feasible........