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01-04-2013, 06:58 PM
  #82
Riptide
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Quote:
Originally Posted by ONO94 View Post
Actually--no, the assumption is not largely incorrect. Your assumption is that a second team in Toronto would make new money that would not cost any other team money in return. That assumption is largely wrong (and the assumptions about the QC team as well) because you are thinking that there is some large contingent of Canadians that are just dying to spend money on hockey they are not currently spending. The simple fact is that there are not enough seats in the ACC to support all of the Leafs fans--so instead they either support passively through merchandise buying and Leaf TV watching or they also support another team. If another team comes to the GTA, some fans are going to give more money to the new team and less to the Leafs, cutting the money the Leafs have available to share. And the second group will now not go the Sabre's games as much, which now would put them in revenue jeopardy as well.
Quote:
Originally Posted by TaketheCannoli View Post
the Leafs have said show us that a second team will not cut into our revenues and also Buffalo's and Detroit's revenues and we will listen. Burke said while they have a waiting list for tickets, there are unsold boxes and suites . The waiting list is not large enough to sell out another arena either.

Thats an indication its not a guarantee to sell out without effecting the Leafs' revenues.
A couple things people need to consider. Toronto pricing their boxes and suites so high to the point that they're not all selling are their own issues. If you can't sell them all, then chances are you're pricing yourself too high.

One, that's NOT what you said. You said that the mark for hockey dollars in Canada has pretty much been reached. I'm telling you that's completely false. No where did I say it would not impact Toronto at all. Of course it would to some extent. But to what extent is largely debatable. But there's still tons of money to be spent in/around Toronto when it comes to NHL hockey tickets. The demand is easily there to fill the ACC two or three times over if it was bigger. Would the Leafs feel the hit from sponsors? To some extent without a doubt. But neither they or another team would have any issues selling out nightly.

The fact that Toronto only has a 5-8k waiting list (or whatever it actually is), doesn't mean that everyone who wants tickets is on that list, or is able to get tickets. When it's something like a 20 yr waiting list, there's not much point in putting your name on the list (especially as there's ways around the list).

I have a bunch of family in/surrounding Toronto. They refuse to buy tickets from scalpers, and will ONLY buy them from STH at cost or from the Leafs - the result? They go to 3-4 games a year. They're die hard Leaf fans... but like many fans, don't often buy merchandize (perhaps a jersey every few years - if that), and only get to go to a handful of games a year. Always due to ticket availability - or the severe lack thereof. They subsidize this by going to a handful of other out of town games a year (Buffalo, Pittsburgh, Detroit, etc). However all of those games involve road trips and overnight stays. And they're not alone. There's many many Leaf fans in this same boat. Toronto simply cannot fulfill the demand for NHL hockey in Toronto/Southern Ontario. And people who can't get tickets don't all go out and spend that money on Toronto/NHL merchandize.

There's 5.5m people in the GTA (as per wiki). If only 1% of those people are willing to spend money on tickets (55,000 people), that's easily enough to fill more than 2 arena's in/around Toronto. So yes Toronto would feel something when it comes to advertisers, TV rights and their luxury boxes... but they wouldn't feel squat when it comes to tickets - which makes up the majority of any teams revenue stream.

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