View Single Post
Old
03-30-2013, 02:03 PM
  #663
gmjevtwa
Registered User
 
Join Date: Oct 2012
Location: Everett, WA
Country: United States
Posts: 47
vCash: 500
Quote:
Originally Posted by knorthern knight View Post
The problem is that Hansen doesn't want to own the NHL team, beyond possibly a minority position. The big question is what about other arena revenues. The NHL business model does not work without the team getting at least some of the ancillary arena revenue. A separate-owners scenario works in the American Airlines Center in Dallas because the NBA and NHL owners split ownership, and income, 50/50. Would Hansen give up 50% of concert and other non-sports income on an ongoing basis? And how would he feel about an NHL team competing with his Sonics for fan dollars? Seems that Paul Allen and Les Alexander prefer to pocket all the revenues, and block an NHL team. And then there was ASG, who basically ran the Thrashers out of town in Atlanta.

"The devil is in the details", but we would have to see what terms he offers potential NHL partners.
It is true that Hansen is more interested in owning an NBA team in Seattle. However, if he were not interested in having an NHL team, why would his group design a new arena to include an NHL regulation-size rink? Did you know that the previous SuperSonics owner (Barry Ackerly from 1983-2001) purposely had the current KeyArena venue designed as a basketball venue only, which cannot accommodate a regulation-size hockey rink without folding up one entire end of the seating? In the end, the Sonics moved to Oklahoma City, and the WHL Seattle Thunderbirds moved south to suburban Kent.

As noted in the agreement between Hansen, the city of Seattle and the county officials, securing an NBA team is the priority in getting the new arena built, which includes another vote by city and county councils, the completion of an economic and environmental reports and the resolution of at least one more lawsuit. Even Hansen admits that an NHL team needs to be included for the new arena to be viable. The project would receive an additional $80 million in funds by the county if a NHL team is also secured after an NBA team is secured.

Being on the outside as just a fan, I'm not certain about the intricacies of arena agreements in other cities where the NBA and NHL share venues. It sounds very complicated and is certainly out of my range. I'm only familiar with what I've read in the news (including KING 5 TV [NBC]), the Sonics Arena website, the fan site Sonics Rising and the city of Seattle's press releases, as well as Seattle's very notable history involving past and current franchises and the long, drawn-out process of building and/or rebuilding arenas and stadiums.

Considering Hansen and the Seattle Arena group are, as of this posting, preparing to present their case to the NBA owners in a few days and will find out if the transfer of ownership and relocation will be approved on around April 18 or 19, any discussion about arena revenues for a potential Seattle NHL team is speculation and will certainly be discussed by the people responsible for both teams and the new arena in due time, whenever that is.


Last edited by gmjevtwa: 03-30-2013 at 05:59 PM.
gmjevtwa is offline