Billy Hunter Sues NBPA, Derek Fisher MLB Looking At Expanding Replay Could Beckham Bring MLS Club To Miami? NHL Makes Yankee Stadium Games Official LPGA Announces Two '14 Alabama Events Zak Brown Rejects Offer To Be IndyCar CEO PGA Tour Gets Boost At Players Championship Boogaard Family Sues NHL Colmunists Call For Change To MLB Replay NFL Backs U.S. Rugby Effort
Upcoming Conferences and Events
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).