Apparently Owning a Crappy Franchise Isn’t Much Fun

May 4, 2009 – 12:53 am by admin

It’s not very often non-playoffs NHL news is noteworthy this time of year, but this little gem popped up on the wire Sunday.

Charles Wang, sole owner of the New York Islanders, wishes he could have a do-over on his purchase of the franchise in 2000.

Of course, it’s no surprise the Islanders are a money losing franchise. Wang has spent an average of $23 million a year just to keep the franchise operating, according to the story. Not. Good.

Part of it might be the fact that nobody wants to watch the garbage Wang and his associates call a hockey team. The Islanders were the worst team in the league this year with a 26-47-9 record. But hey, they’re gonna get to draft either John Tavares or Victor Hedman!

Anyway, one of the proposed solutions is getting a new arena out there on Long Island. The whole project has been slowed to something less than a crawl.

If that doesn’t happen — and it may not — moving the team to a place like Kansas City or Queens seems to be an option floating out there.

Or, you know, maybe they could start by winning some hockey games.

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  1. One Response to “Apparently Owning a Crappy Franchise Isn’t Much Fun”

  2. Hey Wang, don’t tell ’em you’re Jewish.

    By Hick Flick on May 4, 2009

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