Coyotes institute parking fees at two lots with reduced price for STH
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09-05-2013, 06:46 PM
Join Date: Jun 2011
Originally Posted by
I'm not sure how many fans anywhere would pay $20 or more to park for an intra-squad game.
True, but the whole discussion is over parking charges and how apparently RSE suckered in the naive and easily distracted COG (well at least in my mind) into upping the AMF through the use of smoke and mirrors involving parking which the COG owns the rights to. The city would be better off to charge for parking themselves but that's another argument for added entertainment in the future.
And now some are suggesting the COG shouldn't really expect RSE to implement those charges this year because it'll be a massive hit on fans. Seems like some are suggesting fans will / may stay away from some of the lowest priced tickets in the league because there's a net increase to see a game?
Hell what some forget is the team is staying, there's dedicated owners for 5 years or a $50 million dollar loss (whichever comes first), there's no increase to ticket prices (well some say that would be more palatable than implementing parking charges but how's that different from charging for parking). I'll tell you why it's different.
I'm thinking those marketing geniuses, who call themselves RSE, may have dreamed this parking scheme this way so people will lay blame on the COG (seeing as that stream of revenue goes to the COG, minus the 20K per game) whereas if RSE increased ticket prices the cash and blame would lay solely with them.
I did up a chart (page 3 post #67 of this thread) showing that to get to the $2.2 million RSE promised the COG all they'd have to do is increase ticket prices by $4 dollars, which would bring in the same $2.2 million but seeing as that amount is not guaranteed and Fortress requires guarantees on payments flowing to them, guess what?
Yup, you guessed it, RSE doesn't increase ticket prices, so they won't seem / appear like they're violating and pillaging city coffers, but offer up parking revenues to the COG which apparently isn't fair to some and who are actually trying to make it seem like the COG are the culprits behind an increase to parking charges, which were in place last year on a lot adjacent to the arena, and to implement / charge for parking in lots on which there never was a charge.
Oh, the poor ST holder or the walk up fan or the new fan will be hit with a massive net increase to watch hockey.
But hey, it's all good for the time being. The proof of the pudding could come when the COG gets far less than the $2.2 million RSE said they believe they'll give back to the city.
It's all mind numbing but very, very entertaining from my side (Glendale non-resident).....
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