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Oilers » Katz, Win50 and the 50/50... something looks slimy

Re: Katz, Win50 and the 50/50... something looks slimy [message #847695 is a reply to message #847693 ]	Wed, 01 October 2025 13:35

bigEfromGP
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Registered: July 2006
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Adam wrote on Wed, 01 October 2025 13:00

g2k wrote on Wed, 01 October 2025 12:19

I've been thinking about changing my sig for a while now.

Might hold off a bit on that.

It's not great and even the defences that they use in that article are pretty weak. They're trying to shift focus to the fact that they have given more dollars to charities, but it doesn't really make sense that with a much greater pool of money, that your percentage of operating costs would double.

That means from an actual dollar perspective, that using the Oilers numbers:

2020 - $25MM in ticket sales, so $12.5MM to the EOCF. 14% of that is 1.75MM.

2024 - $319MM in ticket sales, so $159.5MM to EOCF. 27% of that is $43MM.

By that argument, the operating costs of the charity have gone up almost 25X in the last four years, while the amount brought in has gone up about 13X.

It should really go the other way - as the charity scales up, the proportionate cost to run it should be going down - that's the simple economy of scale principle, so why are the admin costs jumping at more than double the amount of the growth of the proceeds?

Honestly, it is really sketchy and looks like a cash grab on funds that are supposedly going to charity. I am curious how the donations work and if they also get any tax credit for the charitable funds as they run this.

Not defending them, but my understanding after reading a bit is that it costs significantly more to run now because they've gone online, they market/advertise it more, etc. Although I can see how adding an online component to this degree would be expensive, I don't know if it's so expensive that it accounts for the increase in costs they claim it does.

CrusaderPi wrote on Fri, 09 October 2020 13:17

CrudeRemarks wrote on Fri, 09 October 2020 13:00

The president thinks he has the ideal male body.
It's hard to disagree that he has the ideal male body.

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Katz, Win50 and the 50/50... something looks slimy	By: HamBlaster on Tue, 30 September 2025 09:19
Re: Katz, Win50 and the 50/50... something looks slimy	By: g2k on Wed, 01 October 2025 12:19
Re: Katz, Win50 and the 50/50... something looks slimy	By: Adam on Wed, 01 October 2025 13:00
Re: Katz, Win50 and the 50/50... something looks slimy	By: Kr55 on Wed, 01 October 2025 13:33
Re: Katz, Win50 and the 50/50... something looks slimy	By: bigEfromGP on Wed, 01 October 2025 13:35
Re: Katz, Win50 and the 50/50... something looks slimy	By: Greg on Wed, 01 October 2025 13:38
Re: Katz, Win50 and the 50/50... something looks slimy	By: Kr55 on Wed, 01 October 2025 21:09
Re: Katz, Win50 and the 50/50... something looks slimy	By: Adam on Wed, 01 October 2025 14:49
Re: Katz, Win50 and the 50/50... something looks slimy	By: Skookum Jim on Wed, 01 October 2025 18:33
Re: Katz, Win50 and the 50/50... something looks slimy	By: Adam on Wed, 01 October 2025 20:57
Re: Katz, Win50 and the 50/50... something looks slimy	By: Adam on Wed, 01 October 2025 17:37
Re: Katz, Win50 and the 50/50... something looks slimy	By: mightyreasoner on Thu, 02 October 2025 10:58
Re: Katz, Win50 and the 50/50... something looks slimy	By: Rutuu on Thu, 02 October 2025 17:47
Re: Katz, Win50 and the 50/50... something looks slimy	By: Skookum Jim on Thu, 02 October 2025 18:48
Re: Katz, Win50 and the 50/50... something looks slimy	By: CrusaderPi on Fri, 03 October 2025 10:46
Re: Katz, Win50 and the 50/50... something looks slimy	By: Dragon_Matt on Fri, 03 October 2025 16:35
Re: Katz, Win50 and the 50/50... something looks slimy	By: Adam on Fri, 03 October 2025 17:32
Re: Katz, Win50 and the 50/50... something looks slimy	By: Skookum Jim on Fri, 03 October 2025 19:13
Re: Katz, Win50 and the 50/50... something looks slimy	By: Adam on Sat, 04 October 2025 14:54

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