They said so themselves. As well as Charleston AND Pikeville. The map is a little odd right now, although they admit nothing is set in stone. For example, I don't think the area can support three teams; if there were to be an odd man out so to speak it would probably be Charleston, since there is no ice surface at the Civic Center. Greensboro seems like an odd fit simply because, from what I know, the market seems to be an AHL-or-bust place. Would anyone be willing to give Winston-Salem a go though? The Annex would probably be a better fit size-wise, but that market's had a lot of problems before. Flint doesn't look right from a footprint standpoint--five teams in the Virginias, two teams bordering, and then one waaaaaay up in Michigan.
The abridged document on the website has a $8000/week salary cap, but with various cost-savings in place annual budgets would be around $600,000. By comparison, I put together an estimate for an SPHL budget--with a cap of $5600/week--that came to double that; even after trimming some fat, it would probably be around $1,000,000. I don't have the detailed plan--though I should have some more info on that before too long--but I imagine they've found every bit of extraneous cost they could find and eliminated it. The better comparison--or at least the one that makes more sense from a "where are they getting those numbers"--a New York Times article yesterday said that the Federal League, with a salary cap of $5050/week, has annual budgets in the $300-400k range.
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