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Buy High

from David Naylor of the Globe and Mail,

So what’s pushing values so high despite the NHL’s apparent downward trend in popularity in the United States and the fact that salary expenditures this coming season are equal those of the final season before the lockout?
The answer seems to be that, while NHL teams remain money-losing ventures in many cities, investors are attracted to businesses where they can at least project what those losses will be.
In other words, “cost certainty” - the buzz term of the 2004-05 lockout - apparently has a lot of value to both to those looking to buy into hockey as well as those cashing out.

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Filed in: NHL Business of Hockey, | KK Hockey | Permalink
 

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com