I agree with you GNP. I lived in Winnipeg 25+ years and the winters were never a problem as kids we loved it. Winnipeg is a GREAT sports town with fantastic people but the real problem with Winnipeg is it's politics which is one of the reasons the Jets 1.0 left.
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Your right Raider --Winnipeg is a great sports town, and very patriotic fans. Winter is never a problem especially if your a kid --you just don't seem to feel the cold. When I was a kid, I stayed outside and played hockey all day sitting on snow banks for a rest, on outdoor rinks, and never felt the cold--even in (-25 C) When you get older--you feel the cold though--goes right thru you to the bone.
As for the Jet's leaving Winnipeg -- the owner Shenkarow was losing a lot of money, and the dollar was also very low -- I think around 60 or 70 cents. To add to that, the Jets were not getting sellout crowds like they are now, and had an old arena. I don't think Shenkarow could hold out, and didn't have the pockets to carry this team much longer. I don't think he had much choice.
Today we have the Birchwood Group ( Chipman) and Thompson( very rich Canadian) that own the Jets, and together they have a lot of money. They also have a new arena, and are playing to sold out crowds, at higher ticket prices. Also these teams today get a "cut" or piece of the pie everytime a new franchise is sold-- so I'm told. So if Vegas bought in at $ 500,000 mil -- the Jets get a percentage of that--how much I don't know ?? If anybody knows-please tell me??? Also Seattle is coming into the league ar around $ 700 mil ??-so I'm told ?? and the Jet's get a piece of that action--what % --I'm not sure ? I also believe they get a percentage of television broadcasting rights from the NHL. So--times have changed immensely.
Adding this all together--you can see why it's easier and more profitable to own an NHL franchise today, Also Shenkarow sold the Jets for around $ 80 mil, and the Birchwood group bought the Thrashers for $ 130 mil I believe. So if the Birchwood group bought in at $ 130 mil--and franchises are worth $ 500 mil--look at the profit--it's huge $ 500- 130 =
$ 370 million and rising. They could probably borrow against this increased franchise value to subsidize club operations, should they have a lean year. So a lot of the profit in the NHL today is in "increased value" of the Franchise--which is really not realized unless you sell the franchise. ( like your house value)I don't believe there is much money in the year to year cash flow operation of the club--although some clubs would do very well. The other clubs like Carolina, and Florida operate at huge losses every year. ( low attendance= big losses)
All of these kinds of elements just were not there when the Jets 1.0 were sold, so you can see why a small owner would be forced to sell. As you can see by my post --the financial dynamics of owning a NHL Sports Franchise has changed considerably. This is my opinion on this matter.