Coyotes institute parking fees at two lots with reduced price for STH
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09-01-2013, 09:13 PM
Money making machine
Join Date: Jul 2010
Originally Posted by
I don't think there is anything new here.
It's a bit of a shame that the new owners were forced by their new lease agreement into charging a minimum of $10 per car for hockey events, just when they are trying to improve the fan base, etc. I think it was short-sighted on the part of the City of Glendale to insist on this right away. It would have been better to give them a year to build the fan base and some momentum, and then introduce parking fees more slowly starting in the second year. After all, it is in the interests of both the owners and the COG for the Coyotes franchise to turn around and become successful within the next few years.
There's really no choice on timing though. The hole in funding for the AMF had to come from somewhere... Curiously there was no $100 million consideration paid for the revenue though.
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