Quote:
Originally Posted by Joborule
I more interested in how they'll manage five years from now. Until they get a new arena with more seats, being the lowest capacity in the city with the weakest corporate support is not sustainable once the honeymoon phase passes.
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Well these renewals are for 3, 4 and 5 years (similar set up to the original commitments) so they'll probably be doing okay. Not my favorite kind of setup but it seems to be working for them and the fans seem to be on board with it.
But this talk about new arenas really needs to stop, and it's been brought up here before and it always seems to enrage me.
You say they have the weakest corporate support, so building a new arena for more corporate boxes and club seats doesn't make much sense if they're already at a risk of it running thin. Their building is only 10 years old, so there would be no public money on the table seeing as how it's likely they're still financing the construction of MTS. So what you're saying is that a team that can keep demand high with fewer seats should build a new arena at a minimum cost of ~$300M for what? So you can spend all that money for 3,000 of the lowest priced seats in the house? Seems like an expensive project to take on for not much additional revenue.
Plus, the size of the MTS Centre has made it far more versatile as a non-hockey venue (it can act as a mid-size and large concert venue, something few arenas can adequately do), to the point where it has been #3 in non-sporting event attendance in the country (behind only the ACC and Bell Centre). The size of MTS is an advantage to TNSE, not a disadvantage.