ricky0034
Registered User
- Jun 8, 2010
- 15,446
- 7,902
lol read the article dude, it says the exact opposite of what you’re claiming.
The company that OWNS the jets hasn’t lost money since 2011, in part because they get a ton of revenue from hosting concerts and other events at their arena.
The Jets themselves have in fact lost money, and that’s even with the payments they receive through the NHL’s revenue sharing program.
In fact the team’s chairman is quoted in the article as saying Winnipeg is not a viable NHL market without revenue sharing (aka the “Welfare payments” southern teams are so often ridiculed for relying on), and that the Jets would have never been able to return without those payments.
the hilarious thing is that "technically doesn't lose money when you factor in the money from concerts!" is exactly the same position the Florida Panthers were in with their own attendance struggles and unlike Winnipeg at least had the excuse of being a bad team for most of that