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View Full Version : Sharks ownership claims they lost $15 million despite selling out every game



Coach Selly
08-20-2012, 11:46
It has taken a decade, but the ownership group now known as Sharks Sports & Entertainment is starting to show a personality that can be as unconventional as its Silicon Valley surroundings.

Consider:

The Sharks' parent company said this summer that it lost $15 million last season despite selling out every game. But the disclosure -- coming shortly before the start of NHL collective bargaining talks -- wasn't as surprising as the group's response.

"We're OK with that because that's a decision we've made to stay competitive," said Kevin Compton, referring to the fact his team's player payroll bumped up against the NHL salary cap.

More... (http://www.mercurynews.com/sharks/ci_21350926/san-jose-sharks-owners-say-theyll-stay-committed?source=rss)