[Le Grande Orange]

Originally Posted by dsvitak

I cannot imagine not turning a massive profit with that level of revenue.

Projections are not final figures. Projections are often wrong.

Originally Posted by dsvitak

Edit. HARD salary cap per team at $1.5 million. Twelve teams, so $18M. With salaries being just TEN PERCENT of revenue, where's the money going??

Arena, travel, administration, sales, marketing, etc. Salaries might be relatively low precisely because the other expenses take up so much of the revenue.