[Rumour] Charles Wang looking to sell the Islanders

[jayswin]

Originally Posted by Joborule

But the footprint of the ice will make viewing at the game look awkward since one side is gonna have such little seating, and make it look like ice doesn't belong in their at all. I feel it will give an 'amateur feel' and may actually hurt revenue, due to those with money not really wanting to spend money to see the game there.

Yes, this I can agree with. I've seen the hockey setup and it does look a little amatuer-ish. I'd imagine a successful on ice product and the fact that the high-end seats and luxury boxes are a shiny new toy in a city bursting at the seams with high end clientele, will outweigh the awkward ice hockey setup.

[ricosuave]

Quick! Trade with them while we can! Before someone good takes over!

[getbak]

Originally Posted by flameswin

[/LIST]There's potential to not only completely nullify the lack of lower budget, nosbleed seats, but to actually be way more profitable than an older arena with 19000 seats but a lack of luxury boxes.

If the Islanders can start icing a competitve team with a new owner, I think this move to Brooklyn will be hugely successful.

I wonder how much, if any, of that suite and club money the Islanders will see as tenants in the building?

[Northendzone]

This will give mathew hulzier, ice edge holdings and Greg Jamieson a shot at buying an NHL team

[Roof-Daddy]

I'm sure Islander fans everywhere are praying he sells the team....even the non-religious ones.

[trackercowe]

Originally Posted by ricosuave

Quick! Trade with them while we can! Before someone good takes over!

I would trade our entire team and prospect base for John Tavares. Do you think Snow would accept that? Only condition is that he must take everyone!

[robmneilson]

Originally Posted by Roof-Daddy

I'm sure Islander fans everywhere are praying he sells the team....even the non-religious ones.

Thats for damn sure, having an owner that is a bit more hands off would be a good thing. The Yashin deal, and being good friends with DP does not make me like Charles Wang. I feel bad he had such a hard time trying to get a new rink for them, but now is a great time to sell. Hopefully he can cash in and get good value.

[Itse]

Originally Posted by Joborule

But the footprint of the ice will make viewing at the game look awkward since one side is gonna have such little seating, and make it look like ice doesn't belong in their at all. I feel it will give an 'amateur feel' and may actually hurt revenue, due to those with money not really wanting to spend money to see the game there.

People go see hockey games, not hockey arenas. As long as the other relevant stuff like concession stands are fine, I can't see that being a problem.

Besides, STH and people who otherwise go to games regurarly will get used to it halfway through the first season, and the rest won't have an opinion due rarely going to games.

[FlameyMcFlameFace]

Originally Posted by sureLoss

http://m.nypost.com/p/news/business/...jlNKje6m8xHezN

Looking for 300 million. There are rumors that he doesn't have the money to pay back loans on some of his business ventures

Holy 300 million! I had no idea the isles were worth that much..

[Super Nintendo Chalmers]

I hope he sells. Then I can wear my Wang t-shirt without being made fun of.

[TurnedTheCorner]

Originally Posted by nik-

Getting the move to Brooklyn finished probably added 100 million in value to the team. Good time to sell.

It'll be interesting to hear what the sale price is. Forbes valued the franchise at $155M, and this was with knowledge of the 15-16 Brooklyn relocation.

[Yamer]

Wang's out?

[Joborule]

Originally Posted by Itse

People go see hockey games, not hockey arenas. As long as the other relevant stuff like concession stands are fine, I can't see that being a problem.

Besides, STH and people who otherwise go to games regurarly will get used to it halfway through the first season, and the rest won't have an opinion due rarely going to games.

True, but it's a bit odd that it might bother some and they won't invest as much as they would if it looked more proper.

Anyway, I imagine the Brooklyn Nets ownership is going to be getting some coin from the Islanders staying there. I always figured this is a temporary move until the Islanders can finally get something for their own later on. Perhaps the new owner will be able to do that.

[mustache ride]

Originally Posted by Joborule

I always figured this is a temporary move until the Islanders can finally get something for their own later on. Perhaps the new owner will be able to do that.

I thought they just signed a twenty year lease or something like that

[getbak]

Originally Posted by mustache ride

I thought they just signed a twenty year lease or something like that

At the press conference announcing the move, Wang said it was an "iron-clad" 25 year lease.

[Joborule]

I figure they would allow an option for Islanders to escape out if needed. Probably would have to pay.

[STeeLy]

I just hope whoever buys the Islander franchise isn't as much of a dick as Wang was.

[Alberta_Beef]

If the Nets ownership buys them would they make the Isles switch to Black & White uniforms?

[Cheerio]

Originally Posted by Alberta_Beef

If the Nets ownership buys them would they make the Isles switch to Black & White uniforms?

I hope not, one black and white team is enough. I hope they keep the blue, orange, and white and get rid of the hideous black, orange, and purple monstrosity as soon as possible

[AR_Six]

Originally Posted by flamesfan2.0

Holy 300 million! I had no idea the isles were worth that much..

They aren't. More like half of that. That's why he won't be able to sell them. The Flames aren't even worth that much. Or the Oilers. Or the cup champs, even, for that matter.