Leafmealone11
Registered User
- Aug 7, 2020
- 848
- 342
Nothing in the real world, just something Melnyk dreamed up the night before after a few cocktails.
I’m not sure what Covid will do to the numbers but I believe his spending was a true statement if you look the sens refinanced 150 million in debt and that seemed to be his cut off no more debt.
He got 16 million from Vegas and the debt was refinanced at 135 million. Seattle will be giving the sens 21 million so I would imagine the debt will sit at 115 million after that allowing the team to lose 7 million a year for 5 years followed with a sale if profits do not result from a good rebuild and a decent payroll.
This Covid thing could easily eat the Seattle money this year and it’s right back where it started.
Oyyy
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