Nac Mac Feegle
wee & free
- Jun 10, 2011
- 34,972
- 9,396
I’m scratching my head over comments that, should the sale materialize, the team will be flush with cash. Fans need to realize that Ottawa is a small market team with limited revenu streams. No matter who owns the team, there will be a budget and it likely won’t extend to the cap. And you can forget about a new owner pouring a ton of his own money to keep the team afloat. No owner buys a team to lose their own money. That would be foolish, and they likely didn’t get rich by being foolish.
I would expect a new ownership group to reorganize the front office, and add stability and confidence in the team - similar to what EM did very early on.
It all depends on the deal, and how Lebreton shakes out. If the team owns the new arena, and a few businesses/properties around the building, it can be a sustained money maker. Obviously not a cash machine like the leafs/habs, but enough to keep up with rising player costs and have a full front office, scouts, and hit the cap (maybe not all the time, but when it's worthwhile to be a cap team).