Q&A With Blackhawks Chair Rocky Wirtz Angels, Red Sox Eliminate Pension Plans AHL OKC Barons To Cease Operations MLB Franchise Notes Cavs Happy With Ticket Lottery Process Rams' Move To L.A. Unlikely For '15 Drake Continues Working On Raptors' Rebrand 49ers Cut McDonald Following Assault Probe Stars' Gaglardi Purchases Team's AHL Affiliate Franchise Notes
LEAFS NEED STRONG SEASON TO TURN A PROFIT
Published February 1, 1995
Maple Leaf Gardens, Ltd., which owns the Leafs, will need the team to go far into the playoffs in order to "whittle down" a projected $1.9M loss this year. The company lost $3.3M for the 2nd Q ended December 31, compared with a gain of $934,000 last year. MLG Controller Ian Clark estimates the team lost $500,000 in pre-tax income for each canceled game (Daniel Girard, TORONTO STAR, 2/1).