
Originally Posted by
santiclaws
The fact of the matter is, no one knows anything about the health of the individual franchises. All we have are guesses. Gary Bettman, of all people, has not claimed that a lot of franchises are losing money, he simply said that the players are making too much. The other thing to keep in mind that for most, if not all owners, the ownership of a sports team is not about turning a profit. There are much better ways to invest money. Sports teams make money sometimes, but it is a mistake to equate ownership of sports teams to ownership of other businesses. The primary purpose is NOT to make money. It is an ego and vanity boost. Finally, much of the profit in a franchise is the increase in the value, not the year-to-year profit. On average, the value of NHL franchises has risen very significantly since the last CBA. That 's the biggest profit the owners will reap, and the players do not get a piece of that pie at all.