Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - [Rumour] Friedman: Flames and Hanifin have made progress on contract extension

Bonded · 10-25-2023, 10:38 AM

I can't quote TOfan at all but that is my point. Most owners aren't that concerned about day to day to cash flow as long as the asset value improves. Obviously the ideal situation is that the asset value grows and they make money but even if the Flames are losing 10 million dollars per year like the Coyotes that is .35% of Edwards personal net worth and 1.15% of the franchise value of the Flames.
I don't think they are doing the math that a competitive team keeps 16,000 fans in the seats versus 12,000. The simpler answer is that Edwards likes to win and hates to condone losing.

10-25-2023, 10:38 AM	#370
Bonded Franchise Player Join Date: Dec 2010 Exp:	I can't quote TOfan at all but that is my point. Most owners aren't that concerned about day to day to cash flow as long as the asset value improves. Obviously the ideal situation is that the asset value grows and they make money but even if the Flames are losing 10 million dollars per year like the Coyotes that is .35% of Edwards personal net worth and 1.15% of the franchise value of the Flames. I don't think they are doing the math that a competitive team keeps 16,000 fans in the seats versus 12,000. The simpler answer is that Edwards likes to win and hates to condone losing.