Actually the article is saying that they are almost in the black (probably are because it's been a year). And that's without the TV money that the Sens get.
But that's not really the point. The point is that Ottawa generates relatively the same annual revenue as other non-major market teams. (
The Business Of Hockey) And TB, or Nashville, or Washington...is proof that you can be competitive year over year on an average amount of revenue.
Whether they are profitable or not doesn't matter because the business models from team to team are all relatively the same. Therefore:
- If one is losing money every year then they are probably all losing money every year and its a league issue.
- If one is losing money every year and the rest are doing fine,
on the same revenue, then it's a management/ownership issue, not a market issue.
In light of this, why is the current inability to re-sign top players only an issue in Ottawa, and not Minnesota, San Jose, Colorado, Nashville, Columbus, etc. Sure, every once and a while you will have a player that has issues with Coach, team, city and wants out...but that is the rare exception, not the rule.
If Ottawa has just as much money as most other teams...why is money an issue when it comes to resigning our players???
Why can't we fund a player operations and development staff the same as other teams? (Melnyk's own words that we have cut to the bone)
Why are former players like Oduya making statements that the team doesn't have the same structure in place as other teams? h
ttp://www.hockeysverige.se/2018/08/20/johnny-oduya-osaker-pa-framtiden/
Where is all the money going and why don't other teams have the same problems????
Yeah, I agree that's not a great look for the board. You should be able to like 30% of what the team does and hate 70% or whatever without being branded as an EM supporter.
Personally I don't care who owns the team so long as it is allowed to operate in a similar way to other teams that generate about the same in revenue. But right now this team is a s#!tshow, so if it's not revenue, and it's not EM, then why the $%& is EM not firing whoever is responsible for this mess?