duffy
Registered User
- Feb 12, 2006
- 1,748
- 1,772
This gets overblown to an extent around here.
Jacobs is worth $3.7 Billion. That's billion with a capital B
The Bruins in 2014-2015 had revenues of $158 Million. After expenses he was left with $26 Million. That's before taxes.
So for the playoff revenue, right off the top, 35% of revenues goes directly to revenue sharing to the bottom revenue teams. With the Bruins in the top 10 in revenue (they are fifth) that's an automatic. JJ loses that from the get go. From round two on, ALL advertising revenue goes directly to the league and not the team.
So while there is money to be made, especially for teams not in the top ten in revenue, the likes of Pittsburgh, Nashville, Minnesota, San Jose, Dallas, Anaheim, it's peanuts to JJ and his $3.7 billion
That may be true but my experience with rich people is they are greedy no matter what the gain.
Duffy in Mineville.