CL82
NCAA Woman's Basketball National Champions
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Take a look at the post at my post above. And what they are trying to do is quantify the cost of playing in Hartford which consists of both and additional expense element and a lost revenue element.It may be an oversimplification but profits should equal revenue less expenses.
Another interesting way to view these fax is that but for Connecticut being a captive tenant this CDRA's's annual 2 1/2 million dollar loss would be an annual 6 1/2 million dollar loss. As a frequently have said on this board, there is no logical reason in the world why the majority of the CDRA's annual operating loss needs to be hidden in the athletic department budget. When UConn plays to lease at the XL Center, the money comes from the state to the university to the athletic department to the CDRA's and then back to the state. If the state really wants the University to play in a state owned facility rather than on campus to bolster Hartford economy, isn't it more logical simply not to have Connecticut charged for the use of the XL Center? Either way, the state foots the bill, and by not charging Connecticut are athletic departments balance sheet is improved by not including what is a de facto subsidy from the state of Connecticut to the city of Hartford.
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