Still MIGHTY Posted December 7, 2017 Share Posted December 7, 2017 11 minutes ago, Sodboy13 said: Carolina to Carolina and Expansion in Seattle. Gary's got Karmanos' back for eternity, even if he sells, and he's going to sucker Chris Hansen and whoever else out of $600 million. Gary's already fought hand over fist for Glendale. Is he really going to do that too for Karmanos and Raleigh? While still having Glendale in the wings? And who knows however long Florida can hold out? Eventually, one of these things will just cease to exist. And you know they could extort Quebec for $800 million and they'd still pay it. 1 Quote | ANA | LAA | LAR | LAL | ASU | CSULB | USMNT | USWNT | LAFC | OCSC | MAN UTD | Link to comment Share on other sites More sharing options...
The_Admiral Posted December 7, 2017 Author Share Posted December 7, 2017 Broward County is bailing the Panthers out through 2022, I wanna say. The line with the BB&T Center has always been "you make so much money on the arena schedule that it's okay to lose money on the hockey team," but maybe by then someone in county government is going to reach the conclusion of "why not have the rest of the schedule but not the hockey team" that a five-year-old or Atlanta Hawks owner could reach. 1 Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
kroywen Posted December 7, 2017 Share Posted December 7, 2017 Quebec City will become to the NHL what Los Angeles was for the NFL for two decades. NHL owners in struggling cities have the threat of relocation to a ready-made arena in a great hockey market in their back pocket, whenever they need to bend over municipal governments to give them more subsidies. "Well, you know I want to stay in Raleigh/Arizona/Miami/Vegas, but I need more favorable lease terms to do so. Did I mention there's a vacant brand new arena in Quebec just waiting for an NHL team?" Of course, anybody with half a brain realizes that Quebec City would provide far more value to the NHL as an active market than it does as a relocation threat for failing, unprofitable teams, but this is the NHL we're talking about... 3 Quote Link to comment Share on other sites More sharing options...
The_Admiral Posted December 7, 2017 Author Share Posted December 7, 2017 Here's a crazy note on the inexorable march of time: at season's end, the MTS Centre will have had an NHL team for as many years as it didn't: seven and seven. Centre Videotron is already on its third year without the NHL team it was constructed for and at the rate we're going, I don't see one coming in the next four, either. The NHL definitely doesn't crap in the mouths of the people most interested in their product, not at all. Here's to four more years of "no, it's better this way, your inferior presence made a couple dickhead Chrysler dealers in the lower bowl feel less special" long-reads. 8 Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
Brian in Boston Posted December 8, 2017 Share Posted December 8, 2017 Seattle can begin NHL expansion processIn the wake of the Seattle City Council approving a privately financed $600 million renovation of the Key Arena, Gary Bettman has announced that the ownership group interested in bringing a National Hockey League franchise to Seattle can file an application for an NHL expansion team. The price tag for the potential team will be $650 million and the league is only considering Seattle for expansion.The ownership group - which counts private equity investor David Bonderman and movie producer Jerry Bruckheimer amongst its members - will be permitted to run a season-ticket drive within the next few months in order to gauge interest. Quote Link to comment Share on other sites More sharing options...
JayMac Posted December 8, 2017 Share Posted December 8, 2017 Lol only Seattle is being considered for expansion...it is amazing how he will bend over backwards for any American city (especially the sun belt) but gives the middle finger to the successful Canadian cities. 3 Quote Link to comment Share on other sites More sharing options...
Cosmic Posted December 8, 2017 Share Posted December 8, 2017 Worse expansion draft terms for Seattle? For $650M, I'd want Connor McDavid. 2 Quote Link to comment Share on other sites More sharing options...
Sodboy13 Posted December 8, 2017 Share Posted December 8, 2017 $650 million to buy an NHL franchise? Huh. In completely unrelated news, Tom Dundon bought just over half of the Hurricanes for $230 million today. Also completely unrelated: Maybe 4,000 people turned out tonight to watch Panthers-Jets in Sunrise. Quote On 1/25/2013 at 1:53 PM, 'Atom said: For all the bird de lis haters I think the bird de lis isnt supposed to be a pelican and a fleur de lis I think its just a fleur de lis with a pelicans head. Thats what it looks like to me. Also the flair around the tip of the beak is just flair that fleur de lis have sometimes source I am from NOLA. PotD: 10/19/07, 08/25/08, 07/22/10, 08/13/10, 04/15/11, 05/19/11, 01/02/12, and 01/05/12. Link to comment Share on other sites More sharing options...
The_Admiral Posted December 8, 2017 Author Share Posted December 8, 2017 "That doesn't mean we have granted an expansion team," Commissioner Bettman said following the Board of Governors meeting. "We have agreed as a league to take and consider an expansion application and to let them run in the next few months a season ticket drive." We're not saying they're getting a team, just that we're not going to have a huge fcking meltdown over selling hypothetical tickets like we did with the Hamilton Predators. 2 Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
Wings Posted December 8, 2017 Share Posted December 8, 2017 2 Quote Link to comment Share on other sites More sharing options...
The_Admiral Posted December 8, 2017 Author Share Posted December 8, 2017 Not my work, but I supremely enjoy the top 5% of this meme 11 Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
JayMac Posted December 8, 2017 Share Posted December 8, 2017 Houston will be the first option for relocation. I feel that it's inevitable. I'm very rusty with my French, but...Je suis désolé, Québec. Quote Link to comment Share on other sites More sharing options...
LMU Posted December 8, 2017 Share Posted December 8, 2017 You know... there is one possibility here that wouldn't infringe on Gary's Sun Belt obsession and Canadian export phobia. Vive les Flammes du Québec! Quote Link to comment Share on other sites More sharing options...
monkeypower Posted December 8, 2017 Share Posted December 8, 2017 ^ Oh yes, the Quad City Flames. One of the members of the Flames AHL wasteland. Quote Link to comment Share on other sites More sharing options...
_RH_ Posted December 9, 2017 Share Posted December 9, 2017 Two days ago Forbes released their LIST of NHL franchise values. 8 of the 31 teams operate at a loss. Only 10 are apparently worth $650M or more (the expansion fee). I'm no businessman, but something doesn't add up here. 2 Quote Link to comment Share on other sites More sharing options...
IceCap Posted December 9, 2017 Share Posted December 9, 2017 1 hour ago, _RH_ said: Two days ago Forbes released their LIST of NHL franchise values. 8 of the 31 teams operate at a loss. Only 10 are apparently worth $650M or more (the expansion fee). I'm no businessman, but something doesn't add up here. On 12/6/2017 at 7:36 PM, the admiral said: I hate this team, I hate this league, these guys are all carnies and a lot of them aren't even particularly good at it. Quote PotD 26/2/12 1/7/15 2020 BASS Spin the Wheel, Make the Deal Regular Season Champion 2021 BASS NFL Pick'em Regular Season Champion Link to comment Share on other sites More sharing options...
ElwoodCuse Posted December 9, 2017 Share Posted December 9, 2017 Forbes makes those numbers up FYI Never ever believe anyone is losing money on their sports team unless they open their books to the public or put the team up for sale Quote Link to comment Share on other sites More sharing options...
The_Admiral Posted December 9, 2017 Author Share Posted December 9, 2017 No, it's perfectly believable that some teams lose money from year to year but make it all back on the sale. That's why the league maintains a low-interest line of credit for teams to access, and why there's a new revenue sharing provision where Gary Bettman hands blank checks to needy teams. I mean, the Blackhawks losing money, no one believes that for a minute, but the Blues losing money, yeah, I'm sure they find a way to do that, the Blues are always broke for some reason. But if someone buys them in a world where a Raleigh team costs ~$450MM, they'll make it all back and more. Two days ago Forbes released their LIST of NHL franchise values. 8 of the 31 teams operate at a loss. Only 10 are apparently worth $650M or more (the expansion fee). I'm no businessman, but something doesn't add up here. We're in the Ponzi scheme phase that preceded the 2004-2005 lockout: terrible business decisions being papered over by expansion fees. 1 Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
dfwabel Posted December 9, 2017 Share Posted December 9, 2017 1 hour ago, ElwoodCuse said: Forbes makes those numbers up FYI Never ever believe anyone is losing money on their sports team unless they open their books to the public or put the team up for sale Forbes sets the mm market like a Realtor, no more no less (most of the time as the franchises are so limited) Whose "non-hockey" business is NHL better? We know the Board of Governors hate Quebec's Videotron, but is Tillman Fertitta's mediocre casual dining empire(HOU) or Bruckheimer's TV/movie business (SEA) better? 1 Quote Link to comment Share on other sites More sharing options...
The_Admiral Posted December 9, 2017 Author Share Posted December 9, 2017 Jerry Bruckheimer's name was thrown around for the Las Vegas expansion for years. Now he's behind the Seattle expansion. If he really wanted a hockey team, he could have bought the Blues or Predators for a small fraction of the price years ago. But I guess if anyone is going to do something wastefully, it's Jerry Bruckheimer. Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
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