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01-21-2013, 08:08 PM
Bert Marshall days
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Join Date: Oct 2006
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Originally Posted by MJF View Post
Just as I put no stock in your belief that corporate support ends at the city line.

Right. That's why NYI is leaving LI for Brooklyn.

{MOD EDIT}. Wow, talk about denial.

Here's a quarter, buy a clue.

"An expert contacted by the Times estimated that those suites would generate about $21 million for the Islanders, while premium seating would generate an additional $33 million. That comes to $54 million from suites and premium seats — $35 million more per year than what the Islanders generate at the Coliseum."

"Q. Why would the Islanders move from the Coliseum, where they are tenants, to Barclays, where they will still be tenants?"

"A. The short answer: $35 million in extra revenue per year. That goes a long way toward wiping out the club's current operating deficit, estimated at $8 million per year.

The main benefit in this move "is not in the increased revenue the Isles will get from the average fan; it's in the huge increase they'll get from selling luxury suites and premium club seats," said Tony Knopp, chief executive officer of Spotlight TMS, a company that manages corporate tickets at Barclays Center and other sites around the country."

"The Coliseum, built in 1972 and barely renovated since, has 31 luxury suites and a relatively small number of high-priced premium seats. Knopp estimates that the suites generate about $3 million a year and the premium seats about $16 million." 63

Last edited by Homeland Security: 01-21-2013 at 10:39 PM.
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