I don’t think the business side is that great. The in game experience is ok, not great. It also seems dated. You go to a Jackets game and you know what you are going to get. There will be the “We like pizza” pizza song. A blimp will drop prizes to a section I am not sitting in. There will be a chili chant if we can score. The canon is awesome, but everything else feels like a focus group 20 years ago came up with it. Changes they have made (eliminating cheap seats for college kids) seem short-sighted.
I don’t call for the owner to sell. I call for the owner to evaluate the hockey business like he would his other businesses.
To first bolded:
I have received numerous emails recently to attend an open house to look at available season ticket plans for the coming season. I would receive 2 tickets to an October game for going.
I wonder how many NHL teams have to do this to lure customers. It's not the first year I've received such an email.
Nationwide is a part owner of the team. They often "buy" a ton of seats for their employees and clients for games. It's a related party transaction so the stated price for these tickets mean nothing.
Is Molson doing that with the Canadiens?
The revenues of the CBJ are near the bottom of the league. Hardly a ringing endorsement of the business end of the operation-especially given no other big 4 pro sport competition in town. (Yeah, I know about the football team
)
To the second bolded:
I've posted this on numerous occasions. There's no way McConnell ran Worthington Industries like he does the CBJ. He was a very successful second generation owner of the business. It's not an easy task to take an enterpreneur father's business and grow it like JM did. He's a good businessmen-why he runs the CBJ like he has is a mystery to me.
I'll differ on the owner selling. I think that he's doing a huge disservice to his father's memory by how he operates the team. He could easily find a buyer who had to sign an iron clad agreement to keep the team in Columbus for the next 25 years -no $50 million buy out (or similarly weak provision) in agreement.
Priest is the constant on the business side. From what I can see, he has very little to hang his hat on. 20+ years of mediocrity/below average financial performance should be enough for McConnell to replace him. Priest never would have lasted as CFO at Worthington for two decades with a similar performance.