A lack of home tests and a failed Wellington Sevens will be fingered today as the primary reasons why New Zealand Rugby had another tough battle last year balancing the books.
The national body will reveal their annual results today and the financial picture is expected to be largely similar to how it was in 2014 when the union posted a modest profit of around $400,000.
The results will confirm what NZR have long said, which is that they need to continue to diversify their revenue and to reduce their reliance on ticket sales to All Blacks tests.
While it was an incredible year for the All Blacks' legacy and brand, it was a harder business trying to commercialise that success.
Typically, the All Blacks play six home tests in a season but last year, because of the World Cup, they played only two - one of which was at the comparatively small AMI Stadium in Christchurch.