Cubs' Ownership Sales Support Wrigley Renovations Sources: Rays' Frankel Bidding On Hawks Wizards' Season Tickets Going Up In Cost Padres Ownership Excited Fans Are Re-Energized Liberty Media Has No Plans Of Selling Braves Warriors' Lacob In It For The Long Haul Steinbrenner Refutes Claims Of Yanks Being Cheap Browns Unveil New Logos Garnett's Return To T'Wolves Sparks Sales Franchise Notes
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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).