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Last time I looked, the Caps were 12th in the NHL in overall attendance. Revenues are up by double digits, 25 percent. We were the second fastest-growing team in the NHL. We have increased our season ticket holder base dramatically. We have a sea of red at games and the NHL is booming too.
Now let us look at Disney, parent company of ESPN. Last quarter, Disney earnings were down 13 percent. The outlook is sobering. One analyst said it was “an ugly, ugly quarter.”
Overall revenues grew only six percent. ESPN ad revenues were down. Stock price is way down. Analysts are growing concerned about outlook. Layoffs are coming, big cuts everywhere. Now Sports Czar, what is it that you want to say about our team; our fans; and our outlook again? Your move.
