nuckin_futz Posted September 18, 2012 Share Posted September 18, 2012 Owning a team is definitely an ego thing. Once you real a certain level of wealth money just becomes a way of keeping score. You move on to other ways to stroke your ego. When you have an ego that big you're certainly not going to be told what to do by your employees. Link to comment Share on other sites More sharing options...
nucklebucker Posted September 18, 2012 Share Posted September 18, 2012 The lockout isn't permanent. It will end eventually (I'm hoping for sooner, rather than later). I would say in some cases it's an ego thing, and in others it's a sense of giving back to the community. But there are far easier ways to make money than owning an NHL franchise, so they certainly aren't doing it for the money. Plus, imagine if you were the owner that finally succeeded in bringing the Stanley Cup to Vancouver. Imagine the status that would come along with that. Link to comment Share on other sites More sharing options...
goalie13 Posted September 18, 2012 Share Posted September 18, 2012 By the US Thanksgiving long weekend all teams will offically be making a profit for the 2012/13 season. My guess is that hockey will start on that weekend or the 1st week of December. Win-win situation for the owners... Link to comment Share on other sites More sharing options...
Aladeen Posted September 18, 2012 Share Posted September 18, 2012 I'm not making it up... I did the caculations but I'd rather not type out a page for no reason. Link to comment Share on other sites More sharing options...
Dion Phaneuf Posted September 18, 2012 Share Posted September 18, 2012 Considering several teams lost money over the course of an entire season, how is it possible for all teams to be making a profit by Thanksgiving? Link to comment Share on other sites More sharing options...
nuckin_futz Posted September 18, 2012 Share Posted September 18, 2012 Considering several teams lost money over the course of an entire season, how is it possible for all teams to be making a profit by Thanksgiving? Link to comment Share on other sites More sharing options...
goalie13 Posted September 18, 2012 Share Posted September 18, 2012 Yeah, sure, sports teams are expensive teams are fun toys for owners. But a lot of these teams, including the Canucks, are making crazy money. I should say, they profit hugely--they don't actually make any of that money, they just own and employ the assets and people who do. My point is, our money passes through their hands. Just because they make a capital investment doesn't mean they are entitled to x amount of it. Link to comment Share on other sites More sharing options...
goalie13 Posted September 18, 2012 Share Posted September 18, 2012 Concerts, etc. and not paying millions for player contracts. Link to comment Share on other sites More sharing options...
Aladeen Posted September 18, 2012 Share Posted September 18, 2012 Not all teams own their own building. So that still doesn't add up. Link to comment Share on other sites More sharing options...
Dion Phaneuf Posted September 18, 2012 Share Posted September 18, 2012 Not all teams own their own building. So that still doesn't add up. Link to comment Share on other sites More sharing options...
goalie13 Posted September 18, 2012 Share Posted September 18, 2012 Crap. Well most of the teams will still make a profit. - Whoever owns a building... Link to comment Share on other sites More sharing options...
Aladeen Posted September 18, 2012 Share Posted September 18, 2012 Even that's not right. Just because the owner owns both the building and the team doesn't mean the team playing in it is necessarily profitable. While the arena may turn a profit hosting concerts, car shows, trade shows, monster trucks, figure skating, whatever, none of those things have anything to do with the team itself. What if that owner also owned an NBA franchise. Should hockey revenue count towards the NBA salary cap just because they are in the same building? Of course not. The hockey franchise needs to be viable based on hockey related revenue. Not concerts or anything else. Link to comment Share on other sites More sharing options...
goalie13 Posted September 18, 2012 Share Posted September 18, 2012 Too much logic! Link to comment Share on other sites More sharing options...
Aladeen Posted September 18, 2012 Share Posted September 18, 2012 Sorry. I'll try harder to leave logic out next time. Link to comment Share on other sites More sharing options...
McMucus Posted September 18, 2012 Share Posted September 18, 2012 I heard somewhere that for an afternoon game a team will lose an estimated $80,000 simply because people don't eat or, mainly, drink as much. If you then factor in ticket prices, add revenue, etc. The price per game is prety steep. Link to comment Share on other sites More sharing options...
mbal23 Posted September 18, 2012 Share Posted September 18, 2012 Your math is flawed. HRR = Hockey Related Revenue. Revenue does not equal profit. Revenue is just the amount of money that comes in and does not take expenses into account. As for the last bit about owners and their greedy hands; if they were so greedy, they wouldn't have purchased a hockey team. Do you really think that Aquilini is in it for the money? Link to comment Share on other sites More sharing options...
BuretoMogilny Posted September 18, 2012 Share Posted September 18, 2012 Your math is flawed. HRR = Hockey Related Revenue. Revenue does not equal profit. Revenue is just the amount of money that comes in and does not take expenses into account. As for the last bit about owners and their greedy hands; if they were so greedy, they wouldn't have purchased a hockey team. Do you really think that Aquilini is in it for the money? Link to comment Share on other sites More sharing options...
dorrcoq Posted September 18, 2012 Share Posted September 18, 2012 Easier to be a big fan of the team you own when you are raking in profits each year and seeing the value of your franchise skyrocketing that if it was a finacial loser. Link to comment Share on other sites More sharing options...
BI3KSA- Posted September 19, 2012 Share Posted September 19, 2012 Let's not forget about the people behind the scenes not getting paid because of the lockout. I think the owners should have to cover the lost wages while this is going on - the least they could do! Link to comment Share on other sites More sharing options...
TACIC Posted September 19, 2012 Share Posted September 19, 2012 The Blue Jackets can't do anything to make money,hence having no effect Link to comment Share on other sites More sharing options...
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