Phoenix LXXX: Is there another way out?

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CGG

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Jan 6, 2005
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Their attendance before this mess started was not out of the ordinary for other basement dwelling teams in such markets. Carolina/Anaheim before their Cup runs. Columbus. The Islanders. The Blackhawks before they were relevant again. The Kings before they were relevant again. The Panthers. They only hit dead last in the 2009 season.

The evidence suggests a strong correlation between attendance woes and the current ownership fiasco. Past precedence with other teams in a similar situation indicates this.

A well known document from the bankruptcy procedures has been floating around here for years that basically shows the 2008 (and prior year) attendance numbers were incredibly sandbagged with free comp tickets and non-paying customers dressed as empty seats. The numbers you quoted were likely "tickets distributed", not "how many people actually showed up", or even "paid tickets". Big, big difference.
 

Fugu

RIP Barb
Nov 26, 2004
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Aren't we also assuming that the COG will want to have the NHL be the arena manager? Ignoring the issue of timing for when they will make a decision (June 25th), isn't it extremely likely that they will have better offers in terms of potential revenue from other arena management firms?


No, RSE would be the arena manager (the new ownership group). The lease agreement would be between the team owner and Glendale, once the NHL "sells" the team.
 

Finlandia WOAT

No blocks, No slappers
May 23, 2010
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A well known document from the bankruptcy procedures has been floating around here for years that basically shows the 2008 (and prior year) attendance numbers were incredibly sandbagged with free comp tickets and non-paying customers dressed as empty seats. The numbers you quoted were likely "tickets distributed", not "how many people actually showed up", or even "paid tickets". Big, big difference.

The numbers I posted go to 1996.

Can you send me a link or post one? Sounds interesting.
 

LPHabsFan

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Jul 14, 2003
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No, RSE would be the arena manager (the new ownership group). The lease agreement would be between the team owner and Glendale, once the NHL "sells" the team.

Ya I meant RSE not the NHL you are correct. However the question still stands......

Aren't we also assuming that the COG will want to have RSE to be the arena manager? Ignoring the issue of timing for when they will make a decision (June 25th), isn't it extremely likely that they will have better offers in terms of potential revenue from other arena management firms?
 

Wheathead

Formally a McRib
Apr 4, 2008
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Sounds like the NHL would rather run the risk of owning the team for another year and taking the losses than move the club to Canada.
 

Fugu

RIP Barb
Nov 26, 2004
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Ya I meant RSE not the NHL you are correct. However the question still stands......

Aren't we also assuming that the COG will want to have RSE to be the arena manager? Ignoring the issue of timing for when they will make a decision (June 25th), isn't it extremely likely that they will have better offers in terms of potential revenue from other arena management firms?

That's what everyone is waiting on, who COG will choose as the arena manager. The sale cannot go through if they choose someone other than RSE, plus decide to throw in extra money for the guaranteed 45 booking dates that anchor tenant would bring.
 

knorthern knight

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Mar 18, 2011
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with the realignment, the east already has 2 extra teams than the west. easy solution is switch quoyotes with the winnijets and postpone realignment
Not.. going... to... happen... because there are a lot ot of teams (e.g. Detroit/Columbus/Dallas/etc) very unhappy with the current situation. The NHL BOG was discussing realignment before the Atlanta Thrashers were rumored to be heading up north. The latest rumors have Colorado moving to Pacific and Miami+Tampa moving to the Central division to even things out after a Coyotes-to-QC move. Don't laugh, Nashville/Dallas/StLouis are more reasonable as division opponents than Boston/Montreal/Ottawa/Toronto/Buffalo.
 

Donwood

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Mar 13, 2011
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Sounds like the NHL would rather run the risk of owning the team for another year and taking the losses than move the club to Canada.

if they do they're idiots, No hope in Glendale bail now and take it 230 million from Quebec.
 

CrazyMonkey1208

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Apr 9, 2012
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Would be interesting to see the REAL attendance figures, of fans who actually paid their way into games. Would give a real idea of actual attendance and just how weak that market is..
 

Donwood

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Mar 13, 2011
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Winnipeg
Not.. going... to... happen... because there are a lot ot of teams (e.g. Detroit/Columbus/Dallas/etc) very unhappy with the current situation. The NHL BOG was discussing realignment before the Atlanta Thrashers were rumored to be heading up north. The latest rumors have Colorado moving to Pacific and Miami+Tampa moving to the Central division to even things out after a Coyotes-to-QC move. Don't laugh, Nashville/Dallas/StLouis are more reasonable as division opponents than Boston/Montreal/Ottawa/Toronto/Buffalo.

Why would the Jets get two years in the South East and Quebec not get stuck for 2 or 3 years.

Quebec in the Mid West until next realignment with Colorado in the pacific.
 

Fugu

RIP Barb
Nov 26, 2004
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Not.. going... to... happen... because there are a lot ot of teams (e.g. Detroit/Columbus/Dallas/etc) very unhappy with the current situation. The NHL BOG was discussing realignment before the Atlanta Thrashers were rumored to be heading up north. The latest rumors have Colorado moving to Pacific and Miami+Tampa moving to the Central division to even things out after a Coyotes-to-QC move. Don't laugh, Nashville/Dallas/StLouis are more reasonable as division opponents than Boston/Montreal/Ottawa/Toronto/Buffalo.


From the ratings thread:
Top markets for DRW v CHI game 7 (outside Detroit & Chicago, which were through the roof):
PIT 8.6, BUF 6.1, MIL 5.1, BOS 4.7, MSP 4.2. Vegas 3.9, Denver 3.6, Tampa 3.3, SD 3.1

Tampa is traditionally a Midwesterners destination (plus Toronto), while the east coast of Florida gets more Bos-NY-Quebec-Maritimes traffic.
 

Major4Boarding

Unfamiliar Moderator
Jan 30, 2009
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Whoever buys the team isn't going to much of their own money. COG's money will service the hedge fund loan, and the NHL will take less than its usually 50% cash down on purchases of franchises, loan them another $85 MM w/no payment required for 5 yrs (so no cash calls or guarantees to cover operations) and the NHL will guarantee max revenue sharing/transfer monies for this period.

So on the prelim surface, (bold) says to me there's a 5 year out-clause (as in relocation out).

Othmar is a sharp dude. The input was that adequate IRR would require a call of around $13MM-$15MM per year from Glendale. Which is also pretty much in line with what previous deals had sought.

Like to add previous statements as well (LeBlanc)

Tampa is traditionally a Midwesterners destination (plus Toronto), while the east coast of Florida gets more Bos-NY-Quebec-Maritimes traffic.

Correct
 

pondnorth

Registered User
Dec 16, 2005
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A well known document from the bankruptcy procedures has been floating around here for years that basically shows the 2008 (and prior year) attendance numbers were incredibly sandbagged with free comp tickets and non-paying customers dressed as empty seats. The numbers you quoted were likely "tickets distributed", not "how many people actually showed up", or even "paid tickets". Big, big difference.

Yes I remember this from the BK hearings.the NHL reports attendance figures from tickets distributed,not sold tickets.At that time it showed the Yotes had around 2000 ticket freebies per game,dropping their average actual to 11000 plus per game.
 

sipowicz

The thrill is gone
Mar 16, 2011
31,949
42,219
Sounds like the NHL would rather run the risk of owning the team for another year and taking the losses than move the club to Canada.

Only two reasons for this; a) Bettman has promised expansion revenue from a NEW team in QC to NHL owners b) Bettman will never admit he was wrong in moving the team to Phoenix in the first place.
 
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