So I am going to guess that the revenue listed includes both the radio and TV coverage. And I bet its a paid on a games broadcasted basis rather than a full coverage contract like FSN has with the Dbacks. So I am further guessing that its around $30,000 per game on FSN and around $5-10,000 per game on Xtra.
All just guesses. Also Jobing signed a 10 year, $30 million deal in 2006 with Glendale but they are trying to get out of it. So in this economy, I figure another business will step up with a similar deal (rather than a monster increase) around $30 million of which Glendale would get 15% (around $450,000 a year).
So I hear rumblings that the agreement has been finalized between Jamison and Glendale. So now the real fun starts with stalling, politics, council voting, library watch, and (hopefully) BOG votes....
Also, isn't the naming rights to the arena coming up? I don't know what they got through Jobing.com, but couldn't they possibly find someone that would pay more?
In 2006, Jobing.com signed a 10-year, $30 million for the naming rights.
Then you look at a team like Toronto... Air Canada Centre has the naming rights on a 20-year term for $30 million (signed in 1999).
Councilmember Knaack, who had the recall papers pulled on her, had comments that seemed to be against the deal. Didnt fully say that but Joyce commented on her twitter that she was worried. With Phil being gone, the Mayor could have convinced her either through fear or another promise that a 3-3 gridlock is best....Just speculation but that thought crossed my mind last night. Politics.....
^ makes sense. 3-3 means Scruggs kills the deal, right?
How low does the AMF need to go to turn some No votes into Yes votes?
Maybe with some creative "restructuring"?
If the players take a deal approaching somewhere similar to what the league has on the table now, it seems like running the Coyotes will be a little less expensive over the next six or seven years. Maybe that adds some AMF flexibility from the Jamison group?
So does anyone have any idea yet as to why Scruggs, of all people, is out to kill what most consider the best deal to date?! The same lady who signed off on $50,000,000 to buy time to negotiate could be the same person to cause the city to lose the team, it just makes no sense to me!
So does anyone have any idea yet as to why Scruggs, of all people, is out to kill what most consider the best deal to date?!
This group wants $6 million a year to get 20 events in Glendale ($300,000 an event). No promises of attendance figures and doesn't have a track record of success. But what they do have is some friends on the council who will be looking for jobs; could this group help them out?
Book a Taylor Swift concert 20 times a year and everyone is happy...well except for Westgate.
Councilmember Knaack, who had the recall papers pulled on her, had comments that seemed to be against the deal. Didnt fully say that but Joyce commented on her twitter that she was worried. With Phil being gone, the Mayor could have convinced her either through fear or another promise that a 3-3 gridlock is best....Just speculation but that thought crossed my mind last night. Politics.....
So does anyone have any idea yet as to why Scruggs, of all people, is out to kill what most consider the best deal to date?! The same lady who signed off on $50,000,000 to buy time to negotiate could be the same person to cause the city to lose the team, it just makes no sense to me!
I have my ideas but I don't want to say something that would offend the blame Glendale for everything crowd.
^ makes sense. 3-3 means Scruggs kills the deal, right?
How low does the AMF need to go to turn some No votes into Yes votes?
Maybe with some creative "restructuring"?
If the players take a deal approaching somewhere similar to what the league has on the table now, it seems like running the Coyotes will be a little less expensive over the next six or seven years. Maybe that adds some AMF flexibility from the Jamison group?
Or the players take the owners to the cleaners in the next CBA to where Jamison asks for more from the City than what was 1st agreed upon by the city.
This group wants $6 million a year to get 20 events in Glendale ($300,000 an event). No promises of attendance figures and doesn't have a track record of success. But what they do have is some friends on the council who will be looking for jobs; could this group help them out?
Book a Taylor Swift concert 20 times a year and everyone is happy...well except for Westgate.
Why couldn't they book the concerts around the Coyotes games? Call me not very intelligent with this thing, but atleast with the Coyotes they have 41 home games atleast, and can schedule around that. It just makes no sense to want to keep them here for the money produced at the bars around the arena each game, etc.
Why couldn't they book the concerts around the Coyotes games? Call me not very intelligent with this thing, but atleast with the Coyotes they have 41 home games atleast, and can schedule around that. It just makes no sense to want to keep them here for the money produced at the bars around the arena each game, etc.
I could be wrong but that is how they originally approached the idea. Take $6 million from the $15 million offered to Jamison and give it to them so they could produce the non-hockey events (instead of Jamison and his 21 events in the agreement). But now that number became fixed in budget projections and its now the law. So its $6 million for 21 events or $14-15 million for around 65+ events...one option actually has a track record though.
I dont know though, all of my posts are based on my guesses and I hope I am wrong.
I have my ideas but I don't want to say something that would offend the blame Glendale for everything crowd.
I highly doubt anyone gets offended by the non-blaming of Glendale, they may disagree but offended is quite unlikely. Anyway, if you have something worth posting, post it.
This group wants $6 million a year to get 20 events in Glendale ($300,000 an event). No promises of attendance figures and doesn't have a track record of success. But what they do have is some friends on the council who will be looking for jobs; could this group help them out?
Book a Taylor Swift concert 20 times a year and everyone is happy...well except for Westgate.
That doesn't make sense to me, I mean even if they deliver (which is highly suspect) that might solve the arena issue but what about the rest of Westgate?! I thought the whole point of saving the Coyotes was to preserve Westgate, I just don't see how that place survives on 20 events a year.
There are other venues that they are competing with in order to gain business both within the state and other areas of the country.
I understand that, but people on tour tend to go in a direction, to make sure their concerts are from one city to the next, to save travel costs. But is just concerts really going to cover the costs if the Coyotes leave and don't play?
Without the Coyotes and relying solely on the Cardinals and college bowl games, Westgate is doomed. There simply is not a large enough revenue stream that can be generated by the surrounding community and another arena management group.
We'll see how it is when the mall is finished, but I still don't think that will be enough to sustain everything that is there. Maybe half of what is there now. And what is there now still isn't the capacity of that place, lots of empty suites right now even.