Melnyk's Financial Woes: Melnyk's Budget Edition

NEELY wrote:Someone post the pic of the Simpson men going at it with pots on their head.  That's Melnyk vs City Hall.

NEELY wrote:Banging John Baird.

SeawaySensFan wrote:

NEELY wrote:Someone post the pic of the Simpson men going at it with pots on their head.  That's Melnyk vs City Hall.

Conspicuous by his absence at the big Sens Mile ribbon cutting rally? "Gentleman" Jim Watson. Thoughts?

Michallica wrote:

SeawaySensFan wrote:

NEELY wrote:Someone post the pic of the Simpson men going at it with pots on their head.  That's Melnyk vs City Hall.

Conspicuous by his absence at the big Sens Mile ribbon cutting rally? "Gentleman" Jim Watson. Thoughts?

I remember Jim Watson tweeting out congrats to jason spezza on becoming team captain, and then having numerous responses to that tweet to the tune of 'stfu watson you POS, you're the reason we're going to lose our team'

NEELY wrote:Anyone who rips on Watson is a hero to me.

Hoags wrote:Wayne Scanlan ‏@HockeyScanner
Melnyk on his team's payroll: "we already are over budget, I just found out yesterday." #sens

Here we go again.

SeawaySensFan wrote:

Hoags wrote:Wayne Scanlan ‏@HockeyScanner
Melnyk on his team's payroll: "we already are over budget, I just found out yesterday." #sens

Here we go again.

So this was somewhat out of context but still a stupid remark. Melnyk was clumsily trying to limit expectations. He was less than enthusiastic about our playoff chances only "hoping" we would go deep but to expect us to compete every night. Actually didn't rule out adding something mid-season but that Murray would have to make a strong case. So kind of all over the map.

Hoags wrote:

SeawaySensFan wrote:

Hoags wrote:Wayne Scanlan ‏@HockeyScanner
Melnyk on his team's payroll: "we already are over budget, I just found out yesterday." #sens

Here we go again.

So this was somewhat out of context but still a stupid remark. Melnyk was clumsily trying to limit expectations. He was less than enthusiastic about our playoff chances only "hoping" we would go deep but to expect us to compete every night. Actually didn't rule out adding something mid-season but that Murray would have to make a strong case. So kind of all over the map.

Probably got a good amount of backlash for his "buckle up" comments :lol

I wonder why they're keeping expectations so low.  We've got quite a good team with some hype, even the US media which traditionally pretends we don't exist.

SeawaySensFan wrote:

Hoags wrote:

SeawaySensFan wrote:

Hoags wrote:Wayne Scanlan ‏@HockeyScanner
Melnyk on his team's payroll: "we already are over budget, I just found out yesterday." #sens

Here we go again.

So this was somewhat out of context but still a stupid remark. Melnyk was clumsily trying to limit expectations. He was less than enthusiastic about our playoff chances only "hoping" we would go deep but to expect us to compete every night. Actually didn't rule out adding something mid-season but that Murray would have to make a strong case. So kind of all over the map.

Probably got a good amount of backlash for his "buckle up" comments :lol

I wonder why they're keeping expectations so low.  We've got quite a good team with some hype, even the US media which traditionally pretends we don't exist.

He seemed to be wanting to say we'll have to get by with what we have so let's hope that's enough but then he said he might add. He was probably wasted again.

NEELY wrote:They are, Melnyk is just an a**hole.  He can set the budget anywhere he wants but the floor is going to be over "his budget" soon.  That and the Sens make money that he then re-allocates to other business' and entities.  The budget is BS and always has been.  

The statement serves to confirm what team and league sources were saying during the Stanley Cup Final in June, regarding the NHL’s projected revenue growth (SportsBusiness Journal, June 24-30 issue). It also is a reflection of how the league, buoyed by the 10-year collective-bargaining agreement it executed with the NHL Players’ Association in January, sees the next decade as an opportunity for unprecedented financial growth. It previously has taken the league six seasons (from 2005-06 to 2011-12) to add $1 billion in national revenue; the NHL now is declaring it will match that total in the next three seasons.

The NHL posted $3.2 billion in total revenue for the 2011-12 season, the last full season before the lockout-shortened 2012-13 campaign. In 2012-13, when each team played 48 regular-season games instead of the usual 82, the league has projected $2.4 billion in total revenue.

Having gross national revenue — derived from national deals including sponsorship, media and licensing — at 20 percent of HRR, which includes all revenue, is notable growth, as well. In 2005-06, Collins’ first with the NHL and a year after the lockout that canceled the entire 2004-05 season, the league’s gross national revenue accounted for 7 percent of HRR.

Such gains would be welcomed by individual club owners. Many teams — including the Chicago Blackhawks, Pittsburgh Penguins, Boston Bruins and New York Rangers — are close to being maxed out on key revenue streams. In what is still regarded as a gate-driven league, these clubs are sold out of season tickets and have long waiting lists. Sponsorship sales are also strong, so revenue driven by the league office is essential for the clubs.