Quote:
Originally Posted by Bonded
TOfan is underselling how competitive Edward Murrays is. He is cutthroat in the business world. If it was all about making money then the Flames would operate under an internal cap but they don't and Murray is happy to spend to the upper limit. Sports franchises are long term investments and the Flames ownership group has done well.
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Spending to the cap doesn’t mean much. That’s the participation medal for NHL ownership. Someone did the homework a while back but it was something along the lines of 90% of teams spend to the cap and an additional 5% are within $2M of it. Basically there are 2-3 teams well below the cap and one of them player in an arena with 3000 seats.