Heh, true. It’s been a steep, looong learning curve for Mr. Wang.

Interesting list. Reminds me that something we haven’t heard about is what kind of lease would arise for the new building. It’s a given that the current Coliseum lease with SMG is the worst — I assume a different arrangement is part of the whole Lighthouse conception, but I wonder what language they have for that.

The pre-Wang Islanders: Profitable, perhaps, by paying nothing in salaries and keeping things trim for a sale. Overall from those graphs it looks like payroll roughly doubled under Wang (to keep up with the poor Joneses) while revenues did not quite follow suit. I think Wang bought an asset whose value was eroded by previous owners, and he spent his learning curve years taking different stabs at how to restore it (while also assuming he’d get a new building much sooner).