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NHL Anti-Thread: Bad Business Decision Aggregator


The_Admiral

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It is, but "Phoenician" as a demonym for people from the city in Arizona makes me think we're poetically referring to the Lebanese. "Water-Draining Nativist Gun Nuts Who Adore Fascist Sheriffs And Corporate Welfare" doesn't exactly roll off the tongue, though.

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I know the suburbs to the east are generally better off than the ones to the west, but both sides equally seem to disavow the anchor city. I'd just chalk it up, as with so much else, to Arizona being weird.

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Seems to me that Glendale has the suburb's inferiority complex.

What's the demographic makeup at play here? Is there a racial component like the one that drove the Orange Curtain back in the day?

Growing up in Orange County and living in Peoria/Glendale for almost two years... Yeah, it's not even close to being the same thing.

Glendale is trying to be the Anaheim to Phoenix's Los Angeles, but there just isn't the anchor to it. There isn't any sort of self-sustaining drive to it. It has a state-owned stadium, a failing strip mall/arena combo, a money-losing Spring Training facility, an Air Force Base, and a kitschy "Old Town". None of that is exactly Disneyland.

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| ANA | LAA | LAR | LAL | ASU | CSULBUSMNT | USWNTLAFC | OCSCMAN UTD |

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“The agreement requires the city to pay $15 million a year to buyer Anthony LeBlanc and his IceArizona partners to manage the city-owned Jobing.com Arena.

The buyers group projects that revenue could hit between $8 million and $11 million annually, effectively reducing the city’s $15 million annual outlay."

One problem: 8 million, or 11 million, is STILL less than 15 million.

"The alternative to voting on the hockey deal was to pursue a non-hockey arena manager that would’ve cost about $6 million, which is what the city has budgeted. The problem with that option was that it meant the almost certain loss of the Coyotes and the 41 hockey games in Glendale each year."

--

So...lose $4-7 million TO A PRIVATE BUSINESS, (after kickback revenues), or kick the team to the curb and pay $6 million to the arena manager only.

Hmmm...I wonder what the SMART CHOICE would have been?

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So they've changed their name from Ice Edge to Lakehead Yale to Renaissance Sports to IceArizona? You know who else keeps changing their names? Scam artists.

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Can we just make the whole state of Arizona a parking lot?

How long before someone works out that they'd have to charge you to use it in order to make money?

1 hour ago, BringBackTheVet said:

sorry sweetie, but I don't suck minor-league d

CCSLC Post of the day September 3rd 2012

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non Phoexians
non Phoetians

I believe the term you're looking for is non-Phoenicians.

Ed, there's 300 very angry San Diegites-

San Diegons...San Dieguns...San Diegans...

San Diegans

There's 300 very angry San Diegans outside!

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Nobody cares about your humungous-big signature. 

PotD: 29/1/12

 

 

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http://www.theglobeandmail.com/sports/hockey/shoalts-new-coyotes-owner-bought-in-when-revenue-sharing-model-changed/article13130564/

Gosbee and his partners scored another revenue boost when NHL commissioner Gary Bettman decreed the Coyotes would always receive a full share of the league’s revenue-sharing plan, which is as much as $20-million (all currency U.S.) a year. Every other NHL club has to meet revenue and ticket-sales targets or its share is docked.

what the what

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I forget, is revenue sharing a zero-sum pool or is it variable based on what revenues are taken in, because if its the former, that's horsecrap.

On 8/1/2010 at 4:01 PM, winters in buffalo said:
You manage to balance agitation with just enough salient points to keep things interesting. Kind of a low-rent DG_Now.
On 1/2/2011 at 9:07 PM, Sodboy13 said:
Today, we are all otaku.

"The city of Peoria was once the site of the largest distillery in the world and later became the site for mass production of penicillin. So it is safe to assume that present-day Peorians are descended from syphilitic boozehounds."-Stephen Colbert

POTD: February 15, 2010, June 20, 2010

The Glorious Bloom State Penguins (NCFAF) 2014: 2-9, 2015: 7-5 (L Pineapple Bowl), 2016: 1-0 (NCFAB) 2014-15: 10-8, 2015-16: 14-5 (SMC Champs, L 1st Round February Frenzy)

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On 8/1/2010 at 4:01 PM, winters in buffalo said:
You manage to balance agitation with just enough salient points to keep things interesting. Kind of a low-rent DG_Now.
On 1/2/2011 at 9:07 PM, Sodboy13 said:
Today, we are all otaku.

"The city of Peoria was once the site of the largest distillery in the world and later became the site for mass production of penicillin. So it is safe to assume that present-day Peorians are descended from syphilitic boozehounds."-Stephen Colbert

POTD: February 15, 2010, June 20, 2010

The Glorious Bloom State Penguins (NCFAF) 2014: 2-9, 2015: 7-5 (L Pineapple Bowl), 2016: 1-0 (NCFAB) 2014-15: 10-8, 2015-16: 14-5 (SMC Champs, L 1st Round February Frenzy)

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I believe it's the former. From On the Forecheck:

Subject to a few conditions, the NHL will take its league-wide Hockey Related Revenue figure (HRR) and multiply it by 0.06055 to determine the Redistribution Commitment for that season. Using the 2011-2012 HRR of $3.3 billion as an example, that would yield $200 million going into the revenue sharing plan.

Under the new setup, there are three funding stages which fill up the revenue sharing pot. First, a maximum of 50% of the Redistribution Commitment is drawn from the Top 10 highest-grossing teams based on pre-season and regular season revenue. Each team's contribution is based on how much they earn over and above the 11th-ranked team, so the teams in the 8-10 spots don't pay in nearly as much as the top three, for example.

So basically zero-sum pool. Congratulations, Maple Leafs and Canadiens! Guess which project you get to do around the house this and every weekend.

♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫

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http://www.theglobea...rticle13130564/

Gosbee and his partners scored another revenue boost when NHL commissioner Gary Bettman decreed the Coyotes would always receive a full share of the league’s revenue-sharing plan, which is as much as $20-million (all currency U.S.) a year. Every other NHL club has to meet revenue and ticket-sales targets or its share is docked.

what the what

So thinking about that out clause the new owners have (5 years or $50 million lost, whichever happens first)...

Does the money that the NHL dishes out in revenue sharing count towards money 'earned' by the Coyotes? And didn't the NHL 'win' in a sense of maintaining who and how much the league can give towards the lower revenue teams?

If so....any reason not to believe the NHL made some off-the-record, backdoor deal with Glendale about giving the Coyotes a hefty chunk of the shared revenue money to soften the blow (or, at least make up the difference between the $6 million Glendale budgeted and the $15 million the new owners wanted)?

Guess that answers that.....

And you guys thought this team was going to Seattle or Quebec...clearly you haven't been paying attention all this time. The Maple Leaves would relocate before the Coyotes......

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