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Ducks owners are losing less money, plan to keep franchise in the family

Ducks owners Henry and Susan Samueli said they have pared their annual losses to "less double-digit millions" thanks to increased revenues and revenue-sharing provisions opened to them in the latest collective bargaining agreement, and they affirmed their commitment to maintaining family ownership of the franchise.

Speaking on the eve of the Ducks' season opener at San Jose on Saturday — the club's 23rd NHL season and the couple's 11th as owners — they said they were "devastated" by the team's loss in Game 7 of the Western Conference finals last spring but are optimistic the Ducks will be highly competitive while operating on a budget set at about $7 million below the NHL's $71.