Jim Baumbach pushing for Isles Finances

New York Islander Fan Central | 3/28/2009 10:00:00 AM | | |
Apparently Jim Baumbach is questioning why Charles Wang is not able to open up the teams books as he offered to in his recent interview with Newsday if given league permission here and cites a NY Times article from July 2003 by Richard Sandomir in the Times here that I was researching while investigating how much Smg receives from the Islanders where Mr Wang tells all about the Islanders finances.

Mr Baumbach among many things he would never ask about Cablevision/Dolans and how they intend to pay for a 500m Garden renovation or be given City approvals questioned how an NHL team could lose this much revenue and that he can't just take those losses at his word and proof is required.

Of course I included all the documented reports of the Rangers losing 25-40 million a year for him in that era as proof a pro sports franchise can and has sustained those kinds of heavy losses.

No doubt Mr Baumbach will be ignoring any reports of the Rangers losing money now or in the past and will not be questioning his employer or asking for the Rangers books.

NYIFC has posted the articles on Ranger financial losses several times from the Post, Daily News, Washington Times and Arthur Levitt and are available on request for all interested parties.

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