Ok, thanks for the response. Yes, arena revenue will help, for sure. But, the NHL helps as well, big time. That is in their constitution, that they all buy in and pay for, whether it is equalization payments, or the lockout war chest. They all help each other.
Now, it is also established that the Senators have lost money, (94M over a 10 year period).
Under Eugene Melnyk, Senators have lost $94 million It is a good read and reading it again, was actually relevant to what this team is doing debt-wise.
We know the owner is constantly refinancing to borrow and also reduce his payments. We also have revenues that are in Canadian Tire money instead of American.
I don't know if he is lying or not , but the above facts would tell me that at best, this is a revenue neutral business in this market only when you can go deep in the playoffs. Regular season only? No way. No one knows for sure how the CTC and the franchise co-exist, but losses are still losses nonetheless.
All of this to say , the NHL will simply expand equalization payments to make the franchise viable, and there are strings attached with that as well. They just don't give it to him without the Senators satisfying criterias.
I appreciate a normal discussion