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Ducks Win - Still Lose
by Paul on 03/21/07 at 08:21 AM ET
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from the OC Register,
The Ducks are in the red, despite sponsorships and suite and club seating at the highest levels since the team’s inaugural season in 1993-94, a 44 percent increase in season-ticket sales since July 2005 (from 7,000 to 12,500) and a rise in average attendance from 15,026 at this point last season to 16,323 now.
“With all of that said, with all the arena revenue and all the revenue from the team, even if we go deep into the playoffs, we’ll lose several million dollars,” Ryan said.
While the club declined to reveal specific figures, the sense is that the losses will be less than last season and markedly less than in the final years of Disney’s ownership. The challenging bottom line is a surprise to no one involved.
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