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Globe and Mail reports that NHL may be loaning money to Phoenix Coyotes

Discussion in 'Sports and News' started by hockeybeat, Dec 24, 2008.

  1. Liut

    Liut Well-Known Member

    Thanks for attempting to get the subject back on track.

    Enough of the friggin Queen shit. We know the connection. OK?
     
  2. Machine Head

    Machine Head Well-Known Member

    I'll assume this is directed at me.

    No need to be a crabby pants.

    I was in the arena. She made an impression.

    Anyway, if you look through this thread you'll see I contribute. And not just under this handle.

    Have a nice day.
     
  3. Liut

    Liut Well-Known Member

    You assume wrong. It's old and tired.
     
  4. Machine Head

    Machine Head Well-Known Member

    Then my apologies.

    This ongoing relocation saga is old and tired.

    I feel bad for the city of Winnipeg, truth be told. They end up getting used. Through corporate charity they may be a viable landing spot, but there is at least one study mentioned in an article I've read suggesting significant challenges. I'll see if I can find it and link it.

    I've made my position clear and respect those on the other side like Double J.

    And back to the Queen, the version I saw was the first. I didn't know there were two until today.
     
  5. Liut

    Liut Well-Known Member

    I was an ass. Sorry, Machine.
     
  6. Machine Head

    Machine Head Well-Known Member

    No worries 8)
     
  7. Machine Head

    Machine Head Well-Known Member

    Here's the article. Worth a read:

    http://www.winnipegfreepress.com/sports/hockey/glendale-shelves-bond-offering-121305399.html

    Winnipeg has made significant gains in the 15 years since the Winnipeg Jets left town for the Arizona desert but the city still faces some significant challenges if the NHL is going to return and be profitable in the long run.

    A new study from the Conference Board of Canada, a national think-tank, found Winnipeg and Quebec City have higher populations and more per capita disposable income than they did in 1996. A league-wide salary cap and a loonie trading above par with the U.S. greenback are two other major developments in the cities' favour, the study says.

    But the board said whether the overall conditions are sufficient to support the rebirth of an NHL franchise in Winnipeg is "debatable," in part due to the presence of the CFL's Winnipeg Blue Bombers


    Former Jet Jim Kyte:

    Jim Kyte, chair of the marketing and management studies department at the Algonquin College School of Business in Ottawa and a former Winnipeg Jet, said he's not worried about the city supporting a team in the first five years. It's later that worries him.

    "Will the team still be able to draw the fans? Almost half of the teams don't make the playoffs so you have to have a well-managed team and run a lean organization," said Kite, who consulted on the report.

    Kite said the potential ownership tandem of the Chipman family and Canada's richest man, David Thomson, would be a "match made in heaven."


    Might as well link this, too. Forbes 2010 team valuations. Click on an individual team for team specific information. Quite a dropoff in operating income after the top three:

    http://www.forbes.com/lists/2010/31/hockey-valuations-10_rank.html

    The Wild have lost money for the last two years I believe. Product on the ice has finally caught up with them.
     
  8. Stitch

    Stitch Active Member

    It's Manitoba's turn to shell out cash for a team. True North wants the province to bail them out from MTS Centre debt. If the future owners can't fund the team now, how will it succeed in a small market?

    http://www.vancouversun.com/sports/Manitoba+premier+confirms+provincial+help+sought/4804931/story.html
     
  9. JC

    JC Well-Known Member

    It won't, it will just lose far less than the other markets. Truth is there aren't 30 NHL markets, at best Winnipeg breaks even, at best
     
  10. Stitch

    Stitch Active Member

    Are there 21 markets back in the good ol' days before the Sharks?
     
  11. JC

    JC Well-Known Member

    IN my idiotic opinion if you throw in the 2nd team in the GTA there are about 24 markets that can support themselves.
     
  12. Mark2010

    Mark2010 Active Member

    The best market to me would be to put a second team in Toronto. LA can have two teams and NYC area three, but not Toronto?

    Realistically, I know the powers that be at MLSE are never going to allow that to happen.
     
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