Metro Seattle: NHL, NBA and Arena - Part V
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06-25-2012, 10:10 AM
Join Date: Mar 2011
Originally Posted by
So if people are to rate what are the top 5 teams that might move, who would those teams be?
I don't see 5 teams in that bad shape. The only current candidates (barring a major economic collapse) are Phoenix (beyond obvious) and the Islanders in 2015 (look Ma, no arena). Other teams that you hear about that are probably
New Jersey - a so-so market that will do OK once the current arena debt is resolved, via chapter 11 if necessary
Florida/Miami - the owners make a profit overall on the team plus arena management contract. The management contract is contingent on the team being there, so they're not selling. Plus the lease has a penalty clause.
Columbus - the city has taken over the arena, and given the Blue Jackets a better deal, greatly reducing the red ink
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