Kukla's Korner Hockey
by Paul on 05/21/07 at 07:21 AM ET
from the Ottawa Business Journal,
The deeper the Sens go, it seems, the more people crowd into area sports bars and pubs and hold tailgate parties. Is there a monetary spin off to the local economy when an NHL franchise goes four rounds into the playoffs? If so, how much? And while Sens fans are encouraged to “Be Red,” is the club itself in the black?
Club management is tight-lipped on questions surrounding exact revenues, although experts peg the amount an NHL team earns per playoff home game somewhere between $1 million and $2 million, depending on the city, by adding up gate receipts, merchandise, parking and concessions and deducting expenses.
It’s likely higher still in Ottawa, since team owner Eugene Melnyk owns the building. Consider as well that ticket prices rise the deeper the team heads into the playoffs.
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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.
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