Quote:
Originally Posted by Bonded
I am guessing it is kind of similar to NHL teams. Profit is low but valuations are decent.
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Profit would be high, they have no labour costs. I go to about 15 Ottawa 67’s games a year, 20 bucks a ticket is the cheapest ticket. 4000 fans a game on average. Around 90K a game in ticket revenue (not counting concessions, sponsorship and parking) would be about 3.1 million a year in revenue.
Player labour costs would be about 80K for the year. Hard to imagine they have another 4-5 million in costs to make it a money losing venture.