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Full Version: Things that make you say hmmm--bankrupt pro franchises.
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http://www.cnbc.com/id/39915632?slide=1

Interesting read.

Also interesting to me is the fact that the Pens went bankrupt twice AND the NHL has the most teams listed.
When you say the team went bankrupt, its pretty inaccurate. Their owners went bankrupt. Mismanagement, or spreading ones self too thin were most often to blame.
What it tells us is that most of the nation could give a sh!t about hockey...
(01-25-2011 09:26 AM)bitcruncher Wrote: [ -> ]What it tells us is that most of the nation could give a sh!t about hockey...

for real
(01-25-2011 12:31 AM)Raider_ATO Wrote: [ -> ]When you say the team went bankrupt, its pretty inaccurate. Their owners went bankrupt. Mismanagement, or spreading ones self too thin were most often to blame.

Well, most owners cook those books for tax write offs with the losses they really incur by running those teams.
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