Kukla's Korner Hockey
by Paul on 01/21/06 at 12:29 AM ET
Coming off a one-season lockout in which the league failed to play a single game, the Capitals have the fourth-worst record in the NHL and rank last in the league in attendance. Nonetheless, the team may post its best financial year since owner Ted Leonsis bought it for $85 million in 1999, thanks to one of the lowest payrolls in the league and revenue sharing that could send an extra $5 to $10 million to the bottom line. "We will lose about $5 million, which is great news for us considering we lost $35 million one year and $25 million last time we played," Leonsis said in an e-mail.more (reg. req.)
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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 firstname.lastname@example.org