hawthorn is a weird example. they were broke the 90s after more success than geelong and nearly merged. are only doing well financially now because they have partially relocated to Tassie and are paid a boat load by the Tassie govt.
Not quite
Hawthorn generated $67m in revenue last year ($8m more than the 3rd biggest club)...Athey also have 73,000 members. Where would the Hawks be without its $3m a season in Tasmania (did I mention that they are our major sponsor and we just signed Audi as a short sponsor?) and our 8,000 Tasmanian members