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"San Jose" Might Relocate to Another City Due to Losses


One of the executives of the "San Jose" franchise, John Tortora, admitted that the team has been operating at a loss for several years. He also commented on rumors about the team's possible relocation to another California city, Santa Clara.

In the past season, the "San Jose" team incurred losses of $10 million. While this is less than in previous years, it is still a financial deficit. Regarding the relocation rumors, we would prefer to stay in San Jose, as reported by today. However, we need to reach an agreement with the municipality regarding the renovation of the arena, which will soon be 21 years old," Tortora's words were cited by overseas publications.