A's GM Beane Goes "All In" With Lester Trade Tigers Up The Ante By Landing David Price Red Sox Eye '15 With Trades Royals Sit Out Trade Deadline Due To Finances Cards Roll Dice, Other Contenders Stand Pat Toronto Group's Status Uncertain In Bills Sweepstakes Bulls' Rose Admits To Tension With Front Office Minneapolis' MLS Pursuit Heats Up Golisano Reportedly Could Still Bid For Bills Texans' McNair Withholding Judgement On Raiders
Upcoming Conferences and Events
SBD/January 13, 2014/Franchises
NHL Panthers Ready To Raise Payroll At Deadline, Spend To Salary Cap
Published January 13, 2014
ON THE PROWL: In Ft. Lauderdale, Michael Mayo wrote of the Panthers' proposal to restructure their contract with Broward County under the header, "Panthers Come Knocking For More Public Money." The Panthers are "making a play at a money pile that's been bigger than anticipated." Panthers President Michael Yormark said that the team's "current financial path is 'unsustainable,'" with losses of $20M a year. Mayo: "Considering the team has reaped 99.7 percent of the arena's profits in its original lopsided deal with the county, I'd say that's a pretty stunning indictment of hockey's economics and this team's management." The Panthers "haven't exactly lit up this town with success or excitement." They are "kidding themselves if they think people will readily go for this" (South Florida SUN-SENTINEL, 1/12).