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SENATORS' NEW YEAR'S RESOLUTION? MAKE MORE MONEY NEXT SEASON
Published December 19, 1997
Senators Chair Rod Bryden said that the team, which is coming off losses of between C$30-35M over two years, "will be in a position to make money next season," according to Jeff Blair of the Toronto GLOBE & MAIL. But the Senators will do it "without any infusion from new corporate owners" since a hunt for new investors "has come up dry." At a meeting yesterday, Bryden offered the club's limited partners a chance to convert their partnership units into shares in a corporation (GLOBE & MAIL, 12/19).