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04-14-2013, 09:07 AM
  #955
XX
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Join Date: Dec 2002
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Quote:
Originally Posted by knorthern knight View Post
He would lose the ticket/suite/parking/concession/etc revenue for 45 dates a year. A hockey team simply is not feasable without it.
Well, that's not entirely true. Having another team increases the value of the naming rights, for example. It also allows both teams to negotiate a far better deal on contracts like those with concessions services. That he 'doesn't get the revenue' implies that somehow the arena is churning out equivalent revenue for those 45 days, which isn't feasible without another major tenant. Keeping an arena packed year round is actually the most cost effective way to run it, even if you aren't getting a lot of revenue from those extra bookings. It's just another way to spread out costs. The city is also a stakeholder here, and they'd be more than happy to have those extra dates filled with another pro team.

Add in the $80m kicker and it's a slam dunk.

Quote:
Originally Posted by knorthern knight View Post
If instead he booked 20 or 30 rock concerts/WWE/MMA/tractor pulls...
What's to stop him from doing so? There's still plenty of room on the calendar after two professional teams.

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