from Rich Hammond of the LA Daily News,
The Kings declined to release specific numbers, but said they’re losing more money per year now than before the lockout. At the start of the lockout, the Kings claimed to be losing $8 to $10 million a year.
“We’re building our organization differently, to meet the reality that we’re losing even more than we did before the lockout,” chief marketing officer Chris McGowan said. “We have to run a better business.”
Thus, the ticket-price increases, even coming off a season in which the Kings tied for the fewest points in the NHL. The Kings believe the increases are necessary, in part, to help stabilize their bottom line.
Boo-hoo, cry me a river. There’s one reason they’re losing money, and only one reason. They have a nearly $38m payroll of nothing that their fans don’t want to watch or see (and neither do the rest of us).
http://www.nhlnumbers.com/overview.php?team=LAK
$3.1m for Dan “The Sieve” Cloutier? $2.75 for Tom Preissing? $4m for Michal Handzus? $3.75 for Ladislav Nagy? $2.7m for Kyle friggin’ Calder?
There are about 2 or 3 player son this term that earn their salary night in and night out, and the rest just coast along or suck.
They don’t need to increase ticket prices. They need to improve their on-ice product drastically. Until they do, nobody in LA is going to care. And they need to do it fast, because Anze Kopitar is a RFA after next season and unless they turn things around, I can’t imagine someone won’t make a run at him and he won’t gladly get out and on a team where he won’t get a -3 every game for all his hard work.
Posted by Primis on 05/01 at 07:43 AM