Around the NHL 10 - 2022/23

[ps241]

They say it's going to cost over 900m to buy the Senators, I'm a few pennies loonies short.

Think about the fact both Dallas and the Jets were acquired for under $200 million in 2011.

 

[bustamente]

Dallas takes the early lead 2-0

 

[Truenorthducky]

Hockey gods on our side all around today.

 

[bustamente]

2-1 Dallas

 

[Truenorthducky]

Ff off flames.

 

[bustamente]

Think about the fact both Dallas and the Jets were acquired for under $200 million in 2011.

Quite the investment that Chipman made if he ever decides to sell of course the Jets aren't 900m but still he would make a healthy profit over his initial investment

 

[B33R LEAGUE]

3-1 Dallas

 

[ps241]

Quite the investment that Chipman made if he ever decides to sell of course the Jets aren't 900m but still he would make a healthy profit over his initial investment

Asset appreciation is interesting. Its very real when you realize the lift on a sale but short of that its just another Picaso handing on the wall. Doesn’t stop you from having to borrow $15 or $20 million to meet payroll If the income statements are upside down. Still its pretty amazing timing for the guys who bought that wave of NHL teams.

It does make your net worth statements attractive.

 

[Buffdog]

Asset appreciation is interesting. Its very real when you realize the lift on a sale but short of that its just another Picaso handing on the wall. Doesn’t stop you from having to borrow $15 or $20 million to meet payroll If the income statements are upside down. Still its pretty amazing timing for the guys who bought that wave of NHL teams.

It does make your net worth statements attractive.

Shows why a company like TNSE shouldn't be too worried about turning a profit as long as cash flow isn't a crippling issue.

As long as franchise appreciation > operating losses year over year, things are fine

 

[Channelcat]

They say it's going to cost over 900m to buy the Senators, I'm a few pennies loonies short.

It's interesting that these "businesses" can lose money and still have skyrocketing valuations. Almost as if we aren't getting the full story.

 

[B33R LEAGUE]

Shows why a company like TNSE shouldn't be too worried about turning a profit as long as cash flow isn't a crippling issue.

As long as franchise appreciation > operating losses year over year, things are fine

Unless something crazy happens like the banks start closing and there's a recession....

Or does the value of Sports Teams continue to increase?

https://www.uwlax.edu/globalassets/offices-services/urc/jur-online/pdf/2014/lisiecki.welton.econ.pdf

 

[WolfHouse]

Tnse will do really well once they sell the team to an atlanta billionaire in five years

 

[RabidOne]

Think about the fact both Dallas and the Jets were acquired for under $200 million in 2011.

I bought my first house in Vancouver for 309k. Its now worth 1.5 million.

 

[B33R LEAGUE]

Calgary just tied it up...

 

[None]

Calgary just tied it up...

And they're ahead now

Edit: Tied again

 

[gojetsgo]

stars just came out in the second like they had the game wrapped up

 

[bustamente]

We got a score fest in Calgary, 4-4

 

[None]

It's a good thing Markstrom spits out every shot against with an awful rebound.

 

[WolfHouse]

stars just came out in the second like they had the game wrapped up

Pulled a jets?

 

[ps241]

I bought my first house in Vancouver for 309k. Its now worth 1.5 million.

One of my friends bought a commercial property in Winnipeg 15 years ago for under $2 and sold it for $9 million recently. Just timed the market well unintentionally. He was intentional about getting in on owning his propety but did luck out a bit on timing. Glad you got your lift do you still lift in the House.

 

[Truenorthducky]

F u stars.

 

[kanadalainen]

Flames up 5-4

 

[Truenorthducky]

Stars tie.

Come on Dallas just win this freaking game.

 

[WolfHouse]

Dumb hockey and bad goaltending for the flames

 

[kanadalainen]

All tied up again

Markstrom is quite average.

Very weird slow paced game.