Florida Panthers co-owner: Team lost $114,000 per day last year

Tuesday November 4th, 2014

Florida Panthers co-owner Doug Cifu said his team lost about $114,000 per day last season, according to CBC Sports of Canada. 

Cifu, talking on TSN 1290 radio in Winnipeg, said the Panthers are losing "millions" overall. 

The Panthers set a franchise low for single-game attendance on Oct. 14 after only 7,311 filled the BB&T Center in Florida. The arena has a capacity of 15,720 and the team's previous low mark was 10,063, which came seven years ago. 

In two home games since, Florida had crowds of 9,774 and 7,691.

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According to CBC Sports, Cifu said the Panthers will continue to lose money this season, but not to the extent that they did in 2013-14. He also said that "net intake has not suffered," which has been a result of the team doing away with discounted or complimentary tickets.

The team's financial woes have spurred speculation that a relocation is on the horizon, but in September, Panthers ownership vowed to keep the team in South Florida.

- Molly Geary

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