Saturday, April 26, 2014

Isles Finished In The Red Last Season

According to a report from Chris Botta, the Islanders suffered an operating loss of 4.8 million dollars last season.  The loss was minimized greatly by 15 million dollars in revenue sharing and escrow payments by the NHL.  Under the previous CBA's the Islanders didn't get revenue sharing because it was said they were in a major market and so they didn't qualify for it.  However, now under the new CBA that was changed and they now qualify.

To put it in perspective, Botta says that the Islanders made 22 million in ticket revenue this season.  The Montreal Canadiens took in more then 6 million in ticket revenue for their two playoff games last week alone.

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