Sorry for the long response but this doesnt make any sense.
We believe anything we read it seems, but sorry, this story doesn’t add up. The AAF player salaries are widely reported this year at either 70k or 75k (inguaranteed for future years) I’ll use 75k. Combined the coaching salaries appear to be about $1 million for the whole staff, though it’s hard to tell if that is per season. I’ll assume it is. Then you have stadiums going unused that likely aren’t charging too much to get butts in seats, plus some modest TV revenue and respected investors and management (Ebersol).
Well, at 8 teams with 52 players, the entire seasons’ payroll is $31.2 million. Add the 8 coaching staffs, plus support staff (though stories suggest that is very minimal) and it adds up to around $40 million for the season or $4 million per week for the entire league with all assumptions being on the high end.
So, why would a $250 million investment be needed for $4 million of payroll (or even a few weeks or the entire season).
Something doesn’t make sense here. It almost seems like showboating by the NHL investor or a misreading and the investment was $250m. Often, a single, lower case m means thousands. A reporter f’ing that difference up would not be surprising at all. A 1/4 billion investment into a league that can’t pay payroll in week 1 is wholly unbelievable. To do so based on one week’s slightly higher than expected ratings? Come on.
I can’t beleive no one else is questioning this story here.
I feel like the Geico Facebook lady: