How Buying A Hockey Arena Made Him Millions | Jed Snyder E530

For a last chance opportunity to invest in our Catalina Island + Bodega Bay boutique hotels visit somerscapital.com/investIn today’s episode Rich sits down with Jed Snyder, a former nuclear power plant engineer and options trader who made the unexpected decision to purchase the hockey team he once played for. Jed shares how a casual conversation turned into buying the team just three weeks later, why he eventually purchased its arena, and how he transformed a traditionally unprofitable ice rink into a growing community-driven business.They break down the economics of owning a hockey team, the multiple revenue streams behind operating an arena, and why creating an unforgettable live experience is essential for keeping fans coming back. Jed also explains how the team rebuilt its relationship with the local community, reached nationals every season, won a championship, and created a business that extends far beyond selling tickets.Connect with Rich on Instagram: @rich_somers