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Sharks Expect to Lose Money

from the Contra Costa Times,
Despite the NHL's new economic structure and a payroll that's $7 million less than when the team advanced to the third round of the 2004 Stanley Cup playoffs, the Sharks say they expect to lose money once again this season. The current problem, Jamison said, is revenue. Ticket prices were lowered an average of 10 percent, so if attendance drops, "that can be almost a double dip," Jamison said.


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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.

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


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