Broncos lose more than 120G in pandemic season . . . Gov’t funds kept red ink from being worse

Silence


The Swift Current Broncos announced a “net loss” of $129,968 for the 2020-21 season during their annual general meeting on Tuesday night. . . . In a brief Scurrentstatement on its website, the team said: “The COVID-19 pandemic eliminated the club’s primary revenue-generating opportunities and required substantial cost control throughout the year.” . . . The WHL wasn’t able to have much of a 2020-21 season with the the Broncos joining the six East Division teams to each play 24 games without fans in Regina. . . . “The 24-game hub season in Regina was a significant expense to incur,” the Broncos’ statement continued, “however through careful management of the organization’s expenses, and thanks to strong corporate partnership commitments, the Broncos were able to substantially reduce the cost of the hub season.” . . . On Monday, the Broncos also announced that Al Stewart has stepped down from his position as governor, with Liam Choo-Foo, a long-time board member who had been the alternate governor, taking over the spot. Stewart now is the alternate governor. . . .

The Broncos are one of the WHL’s four community-owned teams; the Lethbridge Hurricanes announced a profit of $72,250 at their AGM on Monday night. The Moose Jaw Warriors and Prince Albert Raiders have yet to hold their AGMs. . . .

Interestingly, the Hurricanes received $668,000 in government funding. Their 24-game season featured 12 home and 12 away games, played without fans. The Hurricanes told shareholders it cost them $850,000 to play what was a developmental season. . . . In the end, they were able to show that $72,250 profit. . . .

The Broncos also played a 24-game schedule, but it was played in its entirety in a Regina hub with players staying in dormitories. The Broncos, according to a WHL news release of Jan. 15, will have received $600,000 in government funding, as did each of the league’s four other  Saskatchewan-based franchises. That funding will have prevented the Broncos from an even greater financial setback. . . .

And it was an improvement from the 2019-20 season, which was halted in March because of the pandemic. At the 2020 AGM on Sept. 29, the Broncos announced a loss of $791,000.



G Matthew Hutchinson, 14, was a winner in a BCHL exhibition game on Tuesday night as he and the host Cowichan Capitals beat the Nanaimo Clippers, 4-2. . . . The 6-foot-2 Hutchinson, who is from Nanaimo, will turn 15 on Oct. 7. . . . On Tuesday, he stopped 32 shots, 18 of them in the first period.


Giraffe

Admit it. You looked at both and started to think about it, didn’t you?


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