Analyzing MLB's New CBA & Spending Limits NFL Re-Evaluates Scheduling For Teams Playing "TNF" NFL Players To Wear Customized Cleats For Charity MLB, MLBPA Come To Terms On New CBA MLB Takes Home-Field Advantage Off ASG NHLPA Likely Turning Down Olympic Offer MLB CBA Talks Reach Into Early-Morning Hours Patriots Could Play Raiders In Mexico Next Season Packers' Pennel Sues NFL, NFLPA MLB Owners Backing Off International Draft
SBD/12/Leagues Governing Bodies
CENTRAL HOCKEY LEAGUE FOUNDER FINDS KEY TO SUCCESS
Published October 12, 1994
Central Hockey League founder and president Ray Miron attributes the success of his "very minor league outfit" to the fact that there are no local team owners. The league owns all seven CHL teams and, at $7-10 a ticket, keeps all gate revenues allowing the arenas to keep nearly all concession revenues. Last year, The CHL netted more than $1M off of revenues of $10.6M, drawing an average attendance of 5,900/game. Miron claims that several investors have approached him and have offered him more than $1M for a new CHL franchise, but Miron has declined such offers because he firmly believes that new owners will drive up salaries and drive down profits: "It's more profitable this way. And it's a lot fewer headaches" (Lee Sullivan, FORBES, 10/24).