This Explains a few things...You kind of have to feel sad for the Atlanta Hawks and Atlanta Thrashers. Apparently, neither team is capable of making their owners some...well any money.
According to the Atlanta Journal-Constituition, the Atlanta Spirit Ownership Group, mentioned many times here on the OSG, have tried in vain to keep the teams afloat despite the fact the teams have lost over $174 Million Dollars since the 2002-03 seasons.
Check out the story...right here Unfortunately this explains several things, like the perennial poor performance of the Thrashers, one of the worst teams in the NHL over the past 6 years. The Hawks have been right there with them, though they have shown signs of life over the past 2 seasons, including this one where they are on a pace to win 50 games.
The fun part of this story is that this report is coming out in advance of what will be a very nasty and very public court case pitting the Atlanta Spirit against a member of their group, Steve Belkin. The case, set to begin February 17th in Montgomery County, Maryland for some strange reason, should be a very surreal and possibly very telling story....Stay Tuned.
((logos courtesy: Atlanta Hawks and Atlanta Thrashers))
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