Quote:
Originally Posted by New Era
Are you not aware they are sharing a building with another tenant? That means cost sharing for operational expenses related to the arena. That is just proven all over the league where teams have dual tenants.
To flip the coin, I want to see this proof they are going to make less revenue. What guarantee is there they are going to make less revenues? Because you say so? Because Calgary is some golden goose or something? You can't guarantee that, because you don't know. I would love to see the numbers of what team revenues were around the league, but those appear to be closely guarded secrets.
As I've already pointed out, they are making money in American dollars, so get an immediate 25% bump in value of the dollar. So if the Flames were making $100M in revenues in Calgary, they are going to be making the exact same dollars at $75M in Seattle. I would think that for a Seattle team to see a massive drop in revenues they would have to be a failure at the box office. It is highly doubtful a first year team would be a failure at the box office, and a team as good as the Flames, should draw very well as they would be in the playoff mix. Seems you're just hoping they fail to say the Flames owners made a mistake, when common sense says its very unlikely they would suffer immediately.
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It's tough to say what kind of revenue the Flames (or any team) would make in Seattle at this point.
Unless Edwards sells the team to the Key Arena owners, they would most likely be taking a cut on many of the gate driven revenues (parking, concessions) - this is all dependent on what type of deal the owners would give the team; but given its over 600 million in private money, the arena owners are going to want a sizable return.
I understand the C$ to US$ argument, though i suspect overall revenues would be 20% lower regardless given the cost of tickets, parking, concessions are generally lower in the US (generalizing, of course). So, you could call the revenue/profit a wash - IF the flames had the same deal they have at saddledome, which is unlikely