Red Sox Willing To Go Over Luxury Tax Threshold NHL, NHLPA Aim For Big Money World Cup Hurricanes Seeing Smaller Crowds So Far Orlando City's Rawlins Still A Fan First Columbus Approves $250,000 For All-Star Game Franchise Notes Red Sox Spend Big With Ramirez, Sandoval Wayne Gretzky Returns To IMG Flames Close To Arena Announcement? Bills Say Stadium Will Be Ready For Sunday
TOUGH TIMES IN THE IRON CITY
Published April 19, 1995
PENGUINS REVEAL UP TO $6M IN LOSSES: The 103-day NHL lockout could cost the Penguins up to $5-$6M in losses this season, marking the first time the team will lose money under owner Howard Baldwin's four-year reign. The losses "will just about wipe out" the estimated $6M in profits the team made in Baldwin's first three years. Baldwin: "We have to accept that as the price to be paid to get a revised collective bargaining agreement." Lost revenue is due mainly to lost home games and Tv appearances on KBL sports network (Steve Halvonik, PITTSBURGH POST-GAZETTE, 4/15). ROUGH SAILING FOR THE PIRATES: A survey of 984 people by the PITTSBURGH POST-GAZETTE and KDKA-TV (April 10-13) "gives credence to the idea that Pittsburgh isn't a great baseball town." The poll shows that 58% have no plans to attend any games in '95. Adelphia Communications Chair John Rigas said the numbers "are a little bit more negative than I would have expected" but that they would not "affect his attempts to acquire the Pirates." Other numbers: 57% oppose the use of public funds to keep the Pirates in Pittsburgh (Tom Barnes, PITTSBURGH POST- GAZETTE, 4/17).