View Single Post
Old 04-18-2011, 10:30 AM   #1112
CaptainCrunch
Norm!
 
CaptainCrunch's Avatar
 
Join Date: Jun 2002
Exp:
Default

Quote:
Originally Posted by Cowboy89 View Post
Another point to keep in mind is that Calgary averages $100 / seat on 19,000+ seats, whereas the Winnipeg case we're talking 15,000 seats.
I'm sure there's no shortage of people willing to fill the place for 42 nights at $50 / game, the question is do they have enough corporate/rich support to sell out the lower bowl at an average of $150 / ticket to make up for those paying less. They probably don't have to get to Calgary or Edmonton levels to survive long term (Because Calgary and Edmonton rank in the top 10 in the league in revenue), but I would argue they would need to at least be at Ottawa's average price to field a team above the cap minimum by enough of a margin to compete on the ice.

I agree with Scott Taylor's assesment that the novelty factor of having an NHL team back should keep them in the black for the first 3 or so years, afterwards they will need to win and build a following/buzz in the city to survive through any down economic cycles or serious $CAD decline.
I'm really interested in seeing how they add 2500 seats to that rink, and even if they do, they're still going to be really short on luxury boxes compared to other buildings in Canada.

I read a article once that stated that if Winnipeg got a team back and kept the seat count where its at now, and the luxury count where its at now, that the Jets would need to have the third highest payroll in the NHL just to break even.
__________________
My name is Ozymandias, King of Kings;

Look on my Works, ye Mighty, and despair!
CaptainCrunch is offline   Reply With Quote