General Ongoing Coyotes saga thread - Page 5 - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

kyuss275 · 08-19-2011, 10:50 AM

Quote:

Originally Posted by tjinaz

http://www.bizjournals.com/phoenix/n...ew-bid-to.html

Can't say he is not experienced especially in non traditional markets.

Is this guy nuts? Willing to stay for 7 years. He could lose $280 million by then. I could see someone wanting the Coyotes if they could opt out after a couple of years, but seven?

Resolute 14 · 08-19-2011, 10:55 AM

While I doubt Phoenix will ever make money, $40 million in annual losses is probably a very low point given the circus that has followed the team. With stable ownership, those losses should become significantly less. But, I doubt they would shrink so much that this businessman could ever hope to make it back with a relocation after seven years.

Mazrim · 08-19-2011, 10:56 AM

Quote:

Originally Posted by troutman

Who is willing to lose $40 M X 7?

Maybe he's in one of those splurging moods and just wants to spend money?

tjinaz · 08-19-2011, 10:58 AM

And a couple of NBA teams before that.

Maybe he knows something we don't. Or realizes how very badly they have been run in the past.

Jameison's bio from the Sharks site.

After reading it I would venture he knows quite a bit about running a Hockey club and how professional sports work.

http://sharks.nhl.com/club/page.htm?id=46543

landshark · 08-19-2011, 11:15 AM

Maybe as a LONGTERM move, it could work... What if losses are only $10M/year. How much could a team in Quebec earn over the next 10 years? Perhaps buying for $120M NOW and later selling (in a better economic environment AND a better location) for twice as much?

Maybe everyone wins - except Glendale

troutman · 08-19-2011, 11:16 AM

Quote:

Originally Posted by Resolute 14

While I doubt Phoenix will ever make money, $40 million in annual losses is probably a very low point given the circus that has followed the team. With stable ownership, those losses should become significantly less. But, I doubt they would shrink so much that this businessman could ever hope to make it back with a relocation after seven years.

If the Coyotes aren't competitive, I don't think we have seen the low point yet. If the community knows that the team is likely to move in 7 years, who is going to get invested in the team? It could be a lame duck franchise, like the last days of the Expos.

PegCityFlamesFan · 08-19-2011, 11:22 AM

Thank god I don't have to watch those terrible city council meetings again.

tjinaz · 08-19-2011, 11:22 AM

Quote:

If the Coyotes aren't competitive, I don't think we have seen the low point yet. If the community knows that the team is likely to move in 7 years, who is going to get invested in the team? It could be a lame duck franchise, like the last days of the Expos. __________________

Key is they COULD move in 7 years and yes we have seen a low point. Prior to the last 2 years they didn't make the playoffs for 7. The reason there wasn't such an upswing in attendance during the playoff years was the ownership instability. They get an owner and a good team or even just an owner and things will pick up. Getting an owner with a clue and a marketing background combined with the GM and coach in place now and they can only go up.

Jordan! · 08-19-2011, 11:48 AM

Quote:

Originally Posted by troutman

If the Coyotes aren't competitive, I don't think we have seen the low point yet.

Games before the BK were filled pretty well after 6-7 years without a playoff appearance. At least 13,000 fans actually in the seats. After the BK, winning didn't matter. It was truly hard to get into going to games for people.

Ownership is the key factor here

PegCityFlamesFan · 08-19-2011, 12:38 PM

The way packages have sold for your home opener vs Winnipeg you'll have at least one legit sell out this year.

troutman · 08-19-2011, 01:00 PM

Quote:

Originally Posted by Bouw N Arrow

Games before the BK were filled pretty well after 6-7 years without a playoff appearance. At least 13,000 fans actually in the seats. After the BK, winning didn't matter. It was truly hard to get into going to games for people.

Ownership is the key factor here

Define "filled"? How many tickets were comped? How many tickets were $20? How many were there to see the visiting team?

Jordan! · 08-19-2011, 01:11 PM

Quote:

Originally Posted by troutman

Define "filled"? How many tickets were comped? How many tickets were $20? How many were there to see the visiting team?

Let me check coyotesprebkseatdata.xlsx.. brb

troutman · 08-19-2011, 02:36 PM

http://espn.go.com/blog/nhl/post/_/i...est-in-coyotes

Although there has been much speculation in recent weeks about potential owners for the Phoenix Coyotes, ESPN.com can confirm that former San Jose Sharks president and part owner Greg Jamison has expressed interest in the beleaguered team.

However, reports that Jamison is poised to make an offer to buy the team from the NHL and work out a lease agreement with the City of Glendale are inaccurate, a source told ESPN.com Friday.

Jamison stepped away from his role as president and CEO of the Sharks almost a year ago, but he is still listed on the team's website as part of the ownership group. He would have to sever ties with the Sharks if he was to become owner of the Coyotes.

Jamison does seem to be the right fit for the challenge.

valo403 · 08-19-2011, 02:52 PM

Quote:

Originally Posted by troutman

Define "filled"? How many tickets were comped? How many tickets were $20? How many were there to see the visiting team?

Why exactly does this matter? If a team can average an acceptable level of attendance it doesn't matter one bit whether the fans are there to see the home team or the away team. Phoenix would be well served to market itself as a hockey vacation destination.

Resolute 14 · 08-19-2011, 02:53 PM

Quote:

Originally Posted by troutman

Define "filled"? How many tickets were comped? How many tickets were $20? How many were there to see the visiting team?

You could ask the same of the Flames circa 2002.

Jordan! · 08-19-2011, 06:34 PM

He will be here Monday and will be meeting with Gary Bettman w/ a check

TorqueDog · 08-20-2011, 09:48 AM

Pass the crack-pipe, please.

Jordan! · 08-20-2011, 10:12 AM

Quote:

Originally Posted by TorqueDog

Pass the crack-pipe, please.

Good luck being a Flames/Jets fan.. doesn't work.

Choose one.

FlamesAddiction · 08-20-2011, 10:37 AM

Quote:

Originally Posted by valo403

Why exactly does this matter? If a team can average an acceptable level of attendance it doesn't matter one bit whether the fans are there to see the home team or the away team. Phoenix would be well served to market itself as a hockey vacation destination.

It would matter for season ticket sales and teams prefer to have the money upfront to pay for expenses instead of relying on walk-up sales.

Unless maybe some companies bought the tickets first and then resold them to tourists. Could be a risky venture though.

Chester · 08-20-2011, 11:39 AM

Quote:

Originally Posted by Bouw N Arrow

Games before the BK were filled pretty well after 6-7 years without a playoff appearance. At least 13,000 fans actually in the seats. After the BK, winning didn't matter. It was truly hard to get into going to games for people.

Ownership is the key factor here

From afar I would think that the economic meltdown has to be a strong factor in the inability to find a new owner. The meltdown has affected Arizona as much or more than any other region in the world. Many mortgages are still under-water and there is no real respite in sight. It is hard for property values to increase when so many are in foreclosure or outright abandoned. It must be hard for a middle-class family to prioritize sports tickets when their house value keeps dropping and the economic future is so uncertain. Yes, it would be easier for them to pony-up if they believed in ownership, but at some point the local economic situation must improve as well.