Lightning Keep Stamkos With $68M Deal Colts Sign Luck To Record $140M Deal Bill Simmons Calls Out Knicks' James Dolan Dolphins Donate More Than $5M To Cancer Center Braves To Open SunTrust On April 13 Franchise Notes Indians' Streak Helps Ticket Sales Shapiro Addresses Rogers Centre Concerns Rapids Formally Introduce Tim Howard T'Wolves Welcome First Chinese Minority Owner
EXPOS SEEING RED: CAN IMPROBABLE PLAYOFF RUN SALVAGE LOSSES?
Published September 6, 1996
The Expos are on the verge of losing C$4M this season, according to Marty York of the Toronto GLOBE & MAIL. York notes that only an "unusually long playoff run" will enable the club to have "any chance" of finishing in the black, adding that despite being in the thick of the NL Wild Card race this year, attendance is the third lowest in the league. Last year, the Expos turned a profit of C$40,000. Expos VP of Finance Laurier Carpentier: "I'm extremely disappointed. ... We're looking at a bad loss. I think it would be safe for us to use the figure of C$4 million. And that's hard for us to take." Carpentier added that besides the '94 strike year, '96 is the "worst season" the Expos have had financially. He did call the subject of potential relocation from Montreal "too premature at this time," but noted the club's partnership will meet after the season to determine the team's future. Citing club sources, York writes the Expos could recover about C$1.8-6.5M if they qualify for the playoffs and make it all the way to the World Series (Toronto GLOBE & MAIL, 9/6).