- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Here is the truth why attendance matters - enough is enough with the arguing!
Posted on 4/15/13 at 7:48 am to Weebie
Posted on 4/15/13 at 7:48 am to Weebie
quote:
see this type of attitude is exactly what I am talking about. I just posted factual information backing up the attendance issues and you chose to again respond out of anger. why the foul language if you're not angry?
This issue has been discussed and dissected ad nauseum for years. I'm annoyed at the irrational obsession with the issue by some posters who constantly bitch but offer no insight as to a reason or a solution.
quote:
we're not talking about them selling out every game. we're talking about just putting up decent numbers and building a fan base
And precisely that thing was happening 2007-09 until the wheels came off and Shinn began to be exposed for the shitty owner that he was AND we lost one of our three core players AND sucked a tremendous length of pipe in the playoffs against Denver. The team virtually quit. If you don't think those things didn't kill momentum in a fragile market (I've always acknowledged that), then you're kidding yourself.
quote:
the BOTTOM LINE is the organization consistently loses millions of dollars.
Except when they had a truly successful and exciting product on the court as noted above and in your own OP.
And, as someone else mentioned, prior to the new CBA with very few exceptions, all NBA teams were operating at a loss. Further, gross operating income doesn't matter long term as much as gross and net profit (from all sources).
Posted on 4/15/13 at 8:01 am to VOR
quote:
the BOTTOM LINE is the organization consistently loses millions of dollars.
I don't have the books, but how much of his losses were strictly a result of the amount of debt that he carried. Remember, Shinn basically mortgaged the franchise. He wasn't running a cash-heavy operation. As such, he was often paying huge interest payments each month. This can greatly skew the financial picture.
We also know that he put everyone in his family on the payroll. So, he continued running up debt on the franchise to increase personal wealth for his family.
Bottom Line:
Holding up any financial data from the George Shinn era as an indicator of franchise performance is silly.
Popular
Back to top
Follow TigerDroppings for LSU Football News