Quoting: Isles777
Some teams might not, the islanders do. Owners that Invested money into a 1.3 billion dollar arena have the money to buyout Andrew Ladd. It’s as simple as that...
Also the islanders have been a tenant at Barclays center, they do not own the arena. Barclays agreed years ago to pay the islanders 53 million per season no matter what. The islanders generate about 35 million in revenue, so Barclays center has been losing money on the islanders but the islanders still get paid.
You keep basing your argument on the islanders "not losing money" and "islanders generate about 35 million in revenue"
So im guessing you arent very into business: Here is a quick lesson
Revenue =/= Profit
Profit = Revenue - Expenses
The Islanders generate revenues yes, if the team didnt generate revenues, that would mean they arent selling any tickets, etc...
HOWEVER: Their EXPENSES are LARGER than their revenues, meaning that they are losing money every year.
I just found a third website: Forbes, which shows that they are producing 115million in revenue, but are losing 3.5million as a net loss (this means they have 118.5million in expenses, larger than their revenues)
So yes they are making money, but they are losing more than they are making, they can NOT afford to pay the costs of Ladds buyout. Case and Point.
PLEASE stop trying to argue, I know I am right, everyone else knows I am right, I am just trying to help you here. Please accept the help and stop making yourself look bad.