Part of the reason the NHL went through a lockout in 2004-05 was because teams said they were spending 76 percent of their revenue on salaries. Managing partner Larry Quinn said the Sabres are almost back to their pre-lockout days. He said the Sabres spent about $46.5 million on salaries, though that total includes the $2.6 million not given to Teppo Numminen after he failed his physical.
“The whole basis of the collective bargaining agreement is to spend about 56 percent of your revenues on hockey players,” Quinn said. “We spent about 65, almost 70 percent of our revenues on hockey players last year. We’ve been able to keep ourselves in the black because, quite frankly, we operate very efficiently here and we’ve gotten some tremendous support for our fans.”
Quinn said not making the playoffs will ding the team’s bottom line, but not as much as people believe.
“During the playoffs, you’re contributing about half of your money back to the league in this new system,” Quinn said. “So although it’s important and you make money on it, it’s not what it used to be.”
Start the fire sale to get cheaper contracts in here NOW!!! Playoff revenue doesn't matter any more....Sabres are done with the playoffs!!!
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