Blackhawks Claim They Continue To Lose Money

from Kevin Paul Dupont of the Boston Globe,  Blackhawks owner Rocky Wirtz, in a TV interview with ChicagoBusiness.com, says the wildly successful Hawks, with more than 200 consecutive sellouts at the United Center, still aren’t making a profit. A lot of people don’t realize, Wirtz said, that the Blackhawks deal in 88-cent dollars, surrendering 12 percent of their revenues “off the top’’ to cover city and county taxes….

The Blackhawks remain in a state of perpetual renaissance after being run into the ground for years by Rocky’s dad, Bill, who operated the Hawks as an enigma wrapped in a riddle and taped in a moldy equipment bag stuffed in the belly of a steam-powered Zamboni.///


It is extremely difficult to believe that the Blackhawks still aren’t making a buck, and the timing of the junior Wirtz’s comments is highly suspect, given that the NHL’s collective bargaining agreement with its players is due to expire in five months.

When it comes time to break bread with the players (still waiting for the table to be set), it’s a good bet commissioner Gary Bettman will scroll through Wirtz’s financial lamentations. It’s an equal bet that Donald Fehr, the players’ hired gun, will chortle and guffaw, possibly in the same breath, an act in itself that might be more difficult than believing the Blackhawks can be considered a going concern. At least not yet.

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Source: http://www.kuklaskorner.com/index.php/hockey/comments/blackhawks_claim_they_continue_to_lose_money/

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