Fair enough, but remember that Rogers just spent an ungodly amount of money to buy the tv rights for the next decade or more. They will make their money from Hockey Night Canada and other ways. Info from a VERY reliable source says that Rogers will be making premier Leaf games (ie vs Penguins, Bruins, etc) pay-per-view for subscribers in due time. They didn't spend all that money to break even. They want a healthy ROI. They are not investing on the Leafs winning a cup to make gobs of money. Like in the pharmaceutical industry: there is no money in cure, but lots to be made in treatment. Same philosophy applies.Totally agree.
Totally disagree.
A)They already spend to the max, so it's not like they are going on the cheap, with a "we don't care" attitude, Harold Ballard notwithstanding.
B)By not having a winner (or even contender) they are leaving billions on the table with what they could generate from extra playoff games, from increasing ticket prices for a winner, from higher broadcast rights, from higher advertising rates, from merchandise and concessions. The city loves the team so much it is mind boggling how much more they'd make with a winner. That old argument of "because they already make a profit why should they care" is a total fallacy. Every business enterprise seeks to maximize profits and MLSE knows all too well that without a winner they are falling far short of that.
As far as spending to the max that's true, but that's where good leadership and decision making comes into play. They are obviously not getting their money's worth but have the liberty of being able to afford making poor decisions.