How the Islanders leave Nassau early
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01-18-2013, 02:01 PM
Join Date: Sep 2006
Originally Posted by
Bert Marshall days
It's already been mentioned, and displayed, you just choose not to see it. We do have something to base my statement on, even moreso with more revenue coming. Wang spent in 2001,2002 on Yashin, Peca, Osgood (w/out additional revenue) on the hopes a LI real estate deal would emerge. Snow said NYI is a low revenue team and if they ever received more revenue he has the green light to spend. Wirtz never did that.
Cash injection from the move offers hope and the chance to compete. Very different from the last 20 years. If management screws it up like the Leafs that's a separate issue. The seats filled aren't as important as the luxury suites and club seating which corporate support will likely pay win or lose ala NYR, Flyers, Leafs etc as well as lower bowl seats. Doesn't matter if the arena wasn't built for hockey - if the owner sees enough revenue/profit that's all that matters. The fact it's close to NYR means nothing - look how well the Nets are doing. Many people priced out of NYR games will go to NYI ones in Brooklyn and Brooklyn offers more access to new fans as well as keeping the diehard remaining ones.
You're also stuck on Wang still owning NYI post move and stuck in the recent past. Wang wanted LI real estate and probably not much with Brooklyn. IMO look for Wang to sell within a year or two of moving to Brooklyn. He knows Brooklyn is Ratner's toy not his and when he makes some money back he'll sell and be remembered for keeping NYI local. If he stays there's no way Ratner would let him run the franchise on the cheap. The mindset and culture of no revenue on LI and no money spent by ownership and small market mentality will change. Conditions like media, accountability and new ownership IMO will dictate it. Otherwise, there's not much point.
They're 2 separate issues here. One is the move which you said would be lamented. A move which kept NYI local. That is separate and different from ownership/management results and the two shouldn't be confused/intertwined.
Do tell us how your vast forecasting experience relates to sports revenue in particularly corporate tix that was mentioned by the NY Times. Nevermind, it's not really relevant.
I am so glad to hear you are so knowledgable on the future plans of Mr. Wang and Mr. Ratner and even more greatful you know Ratner will not let Wang run the team on the cheap.
I will agree Wang spent on Peca and Yahsin and Osgood and the building rocked, I know I was there, had season tickets, never missed a game. However after that initial cash infusion what happened? Never even came close to that first year he owned the team. Team played worse, people stopped coming. It is a simple fact you seem to have trouble grasping. I will also agree that the move does provide hope, but I hope for lots of things that never happen, I am sure you do too.
You cannot compare the local repsonse to the Nets to the Isles. With the Nets, they moved to an area steep in basketball history. Some of the best playground basketball players of all time come from Brooklyn. The was a huge article about it in SI a few months back. It's not a hockey hot bed and if you think for a second that a fan of the NYR is going to take season tix to the NYI just because they are cheaper, I have bridge to sell you. Might they go to a game or two? Sure but it is not going to offset the fan from LI that doesnt want to schlep in Brooklyn to watch a bad team. I said the move would be lamented when the team still sucks.
I know you are happy they ended up in Brooklyn because you have been a proponet of it since the idea first surfaced here. Personally I think you are glad because it makes getting to games easier for you.
As for my forecasting abilities, whether I have experience in sports revenue or not doesn't matter. While I care not to disclose to you my background or where I ply my trade, it doesn't matter if it is sports revenue, corporate revenue or the weather. Forecasts are not scientific. They are based on data usully culled from past performance applied to potential future earnings. Regardless it's a crap shoot. Just think back to the last time the weatheran forecated a foot of snow and not a flake fell. They had good data, but the consitions just were not favorable.
Oh BTW, the NY Times, while a good daily paper, has it's warts too.
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