I bet your wrong here because aren't you saying the value of the team is the 218M + 250M (to offset the debt) in other words the overall value is 468M, I highly doubt that.
I bet he's not wrong, because that's not what he's saying. He is saying that businesses often incur debts like this for future profits - why else would a break-even enterprise be taking out 250M worth of loans? To make more money. Owning an arena is generally a profitable enterprise. This explains part of the rise in the Devils' value despite incurring a substantial amount of debt.
Edited by Triumph, 04 February 2011 - 03:53 PM.