
Originally Posted by
waterboy100
They did it the year of the lookout, and I'm not surprised they were losing money then. However in the last 8 years league revenue has (doubled?, tripled?) And I'm not convinced that they are still losing money.

Originally Posted by
Dana
My only comment on this would be, while league revenues have increased, how much has the Kings payroll increased during that period? It's not like revenues have increased and costs have stayed the same.
From CapGeek.com (which only goes back to the 08-09 season)
Code:
Year Salary Cap Hit
2008-2009 $39,340,833 $44,239,200
2009-2010 $65,191,666 $54,050,509
2010-2011 $70,771,583 $59,316,825
2011-2012 $71,485,703 $63,671,202
2012-2013 $64,895,000 $62,320,227
If I really cared I'm sure I could find the data for price increases, jersey sales, and other stuff, but I don't.
Also, A lot of what Philip Propper wrote was very interesting, but he also glossed over some important details in his original report.