How much money has Chipman made in what the team is worth? 400 mill profit today if he sells
What does Chipman make in arena naming rights
What does Chipman make in Sportsnet national contract
What does Chipman make in TSN3 regional contract
What does Chipman make in 1290 radio contract
What did Chipman make in Vegas expansion
What will Chipman make in Seattle expansion
There is no reason besides greed that Winnipeg needs to be the #4 average ticket price in NHL
What does Chipman make for all of those things? Likely the same or less than almost every other team in the league. It takes over $100M in revenue just to pay player salaries, and they will likely have tens of millions more in costs above those salaries...
It's called small market. Our revenue streams will be low, and rely on higher ticket prices for the team to be viable. The NHL seems far more committed to supporting teams in the southern US operating at a loss than they ever would be here. Chasing the dream of massive US TV deals I assume.
No businessman wants to run anything at negative income year after year. The gain in franchise value isn't enough to overcome indefinite yearly losses. TNSE could easily run out of cash due to yearly losses, forcing ownership to inject cash out of their pockets or TNSE to borrow against said capital gain. TNSE would be in trouble if theres a negative cash position regardless of the gain in franchise value.
Not implying the team is in financial trouble. Chipman seems to be building the Jets as a brand with multiple intertwined sources of revenue which support each other. That being said, if the empty seats get worse, causing a significant drop in prices, then inevitably the team is likely going to be in trouble again.