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Article: Switch in Leagues Puts Hockey Team on Path to Profits.(Long Beach Ice Dogs move to West Coast Hockey League)(Brief Article)
- Article from:
- Los Angeles Business Journal
- Article date:
- February 26, 2001
- Author:
CopyrightCOPYRIGHT 2001 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Faced with escalating costs and dim prospects for profitability, CoachSports Inc. has halved its expenses by switching the professional affiliation of its Long Beach-based ice hockey club.
After five years in the International Hockey League, the Long Beach Ice Dogs have joined the West Coast Hockey League.
The move has allowed it to control costs while fielding a winning team. Operating expenses in the WCHL are approximately $3 million annually, vs. $6.5 million in the IHL.
"We are now on the road to profitability," said Paul Clause, president of the Ice Dogs. "We had no shot at being profitable in the IHL."
Helping the Ice Dogs move ...