casey wrote:I'm not sure what projections you're referencing, but with all their moves they've saved roughly $25Mil this year. If they were thinking of losing $20Mil before that, they may actually make money this year. And all that without giving up much talent. They're right in the playoff hunt too, so they could have some income coming in there as well. I don't see how they're going to lose $55Mil over the next 18 months.
They were projecting losses of $20 mil/year when they had less salary and were below the previous lower lux. They had attendances of 14.2 and 14.3 and right now they are at 14.9. More likely, by sliding under the lux, they are looking at getting back to losses of $20 mil.
.. and note, that's ignoring additional losses from repaying debt, or the loss of team value.
