Phoenix LXXII: Send in the Clowns
View Single Post
02-19-2013, 02:36 PM
bettman's a Weasel
Join Date: May 2009
Originally Posted by
this is true.. but Bettman also likes to reward people who play by his rules.. which means keep your mouth shut and do what I say. Winnipeg did that and now Quebec City is doing the same...
...one of the issues for seattle is ownership... assuming the Seattle NBA deal closes that wont happen for at least another month...and then you have until May to find an owner that is willing to pay 170 mill or more on a
team that will have to pay rent on the arena and doesnt collect the arena revenues
... and will have only a few short months to sell 12k plus season tickets in a new market... not to mention renovations at the key arena where the new owner will likely take a big binancial hit for a few years. Now compare that to Quebec. So even though the NHL might prefer Seattle the reality is its not practical for Seattle to land both an NBA and NHL team at the same time with seperate owners and have both playing next year.. I just dont see it happening
IMO, this is a huge obstacle to the long term viability of any Seattle team. Most, if not all, non traditional American markets rely on sweetheart arena deals to indirectly subsidize their operations. From what I understand, the group that wants to build the Seattle arena and own the NBA team doesn't want any part of nhl ownership. Any potential Seattle nhl ownership will not share in any ancillary arena revenue, and will actually be expected to pay fair value rent to the NBA/arena owners. In a saturated (NBA, NFL, MLB, MLS etc), non traditional American market, this is just another disaster waiting to happen. Having said that, however, I have no doubt that bettman will be able to find some sucker to own a team in the market.
View Public Profile
Find More Posts by HamiltonFan