Forget the Del Biaggio drama, is NHL expansion on the horizon?
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Forechecker posted 7/13/2008 from forechecker.blogspot.com [flag] |
Buried in the document that Boots Del Biaggio used to pitch investors on the Nashville Predators is a footnote that should be shouted from the rooftops...
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Nashville Predators
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'Nashville's last chance' Boots's plans for Preds revealed
Published 7/14/2008 by James Mirtle (noreply@blogger.com) at james mirtle
... Arena Revenues: $10.1-million Total Revenues: $65.5-million Team Expenses: $68.1-million EBITDA: -$2.6-million Interest Expense: $3.7-million Payment to Forecheck: $2-million Total Interest: $5.7-million Deprec. and Amort.: $13-million Net Profit: -$21.3-million Net Cash Flow: -$9.8-million Under Cumulative Net Cash Flow, the figure balloons from $15.7-million after next season to $50-million by 2011-12. A sinking ship, in other words. One other note of interest from that page, by way of blogger Dirk Hoag , is that in 2010-11, Del Biaggio's projections make an allowance for ...
