Steelers Likely To Submit Super Bowl Bid Mets Offering Citi Cardholders Added Perks Phillies Shifting Tix Sales Tactics To Digital Pistons Hope Player Hospitality Pays Dividends Redskins' Richmond Incentives Face Scrutiny Cal McNair Groomed For Texans Leadership Maple Leafs Hire Devils' Lou Lamoriello As GM Glendale, Coyotes Agree To Arena-Management Changes WNBA Approves Shock's Move To Arlington Penguins Embracing Hockey's Big-Data Move
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).