Fogelhund
Registered User
- Sep 15, 2007
- 23,279
- 27,415
Clearly you've never had to be involved in planning or forecasting. This is just basic fundamentals of finance, of which I have been involved in professionally for thirty years. Assumed projections are a part of finance and planning, including in many cases risk analysis to variance in those numbers. It's how nearly every business is run, how the stock market values stocks... (well, kind of.. at least the rational people)...You should never count the chickens that haven’t hatched, pretty sound advice imo………
In this case, these are projections from the league and board of governors, based on known revenues half way through the season, and many known revenues for the balance of the season... these aren't numbers drawn on a whim.
Do you really have no idea how the finance world is run?