Sabres Fan in NS Posted April 19, 2018 Report Share Posted April 19, 2018 In his defense, he's looking for profitability, so we'd also need to know expenditures. And as far as I know, they're not letting just anyone peek into the books. (The real set and the one NS creates for them.) :w00t: I'm not creative atall. Quote Link to comment Share on other sites More sharing options...
Jsixspd Posted April 19, 2018 Report Share Posted April 19, 2018 (edited) In his defense, he's looking for profitability, so we'd also need to know expenditures. And as far as I know, they're not letting just anyone peek into the books. (The real set and the one NS creates for them.) Yup. Was wondering if anyone heard any inside scoop on if the team is making or losing money? I'd bet its still something of a loss leader (not very profitable). $120 million in gross annual income sounds big until the costs start getting tallied. Just player cap hit alone is almost $70 million. That leaves $50 million from which to subtract all other operational expenses, GM, Coaching, management salaries, office staff, people like Bylsma and GMTM who are getting paid to twiddle thumbs, etc etc. They might be actually struggling to break even. Although even if it's just breaking even, Pegula has done well on his investment. The on ice product is disastrous, yet he could sell it and pocket $150 million+ in profit, even if he didn't make a dime over the past 7 years on it. Edited April 19, 2018 by Jsixspd Quote Link to comment Share on other sites More sharing options...
PASabreFan Posted April 19, 2018 Author Report Share Posted April 19, 2018 I think you have to factor in the tremendous intangible value that owning the Sabres brought to Terry when it was time to go after the Bills. He was in like Brian Flynn. And with the Bills, the Pegulas have the chance to rake in mucho, mucho dinero. (The average team was worth just under $2 billion in 2015.) Quote Link to comment Share on other sites More sharing options...
Brawndo Posted April 19, 2018 Report Share Posted April 19, 2018 I think you have to factor in the tremendous intangible value that owning the Sabres brought to Terry when it was time to go after the Bills. He was in like Brian Flynn. And with the Bills, the Pegulas have the chance to rake in mucho, mucho dinero. (The average team was worth just under $2 billion in 2015.) Honest question, if the Pegulas did not own The Sabres would they have been serious contenders to buy The Bills? Quote Link to comment Share on other sites More sharing options...
PASabreFan Posted April 20, 2018 Author Report Share Posted April 20, 2018 Honest question, if the Pegulas did not own The Sabres would they have been serious contenders to buy The Bills? I'm not sure. But I suspect so. Quote Link to comment Share on other sites More sharing options...
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