The annual salary of our current NHL roster is about $96M. That does not include the $2.5M+ we've already paid Saad, bonuses owed (or potentially already paid) to Suter, or the AHL payroll. The Blues will be paying $100M+ for hockey players this year.
Then you also have salaries for coaches, executives, scouts, accounting, marketing, medical staff, etc.
Then you have utilities, hockey gear, meals, workout equipment, rent/ice fees at Centene, etc.
Then you also foot the bill for road trips. Hotels, chartered flights, per diem, meals, etc.
You are wildly underestimating the operating cost of an NHL team.