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The Business of Hockey Discuss the financial and business aspects of the NHL. Topics may include the CBA, work stoppages, broadcast contracts, franchise sales, and NHL revenues.

Las Vegas Arena: 20K seats, 2016 opening, AEG & MGM developers

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Old
06-18-2013, 02:15 PM
  #101
BreakfastatMarios
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Perhaps its for a WNBA team lol

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06-18-2013, 02:16 PM
  #102
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Oh, GB will be happy to hear this. I smell another disastrous warm-weather experiment in the works.

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06-18-2013, 02:28 PM
  #103
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Sigh.

Devellano assured us four years ago "Vegas will happen" if there's another expansion. Too bad. Like Portland, Seattle, Toronto II and QC much much much better.
Yeah plus he said the Wings would go East.

Thought he mentioned both Houston and Seattle when talking about that. So Devellano seems to be pretty in the know, which isn't surprising.

Canada will be angry but this makes business sense, assuming they launch it correctly. Certainly NBC will be pretty excited about this. But Vegas has been heavily linked since they moved the awards there and it is only a matter of time before Vegas gets a team. Tons of potential owners there, and all of the Casinos will buy and comp tickets. Not saying it won't be challenging but somebody is going to take the Vegas bait and if it is the NHL alone, they have a big edge in establishing themselves. The NFL is quite clear they are never going to Vegas, MLB seems disinterested, so the big guns in terms of American sports are steering clear. So comparing it to Phoenix in that regard doesn't make much sense.

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06-18-2013, 02:32 PM
  #104
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I don't think Las Vegas is building a new arena for an NHL. team they are buliding it for an NBA. team since Vegas is a Basketball town .
Yes Ice shows and whatever else can help explain that, but if their interest was solely an NBA team, they wouldn't be intentionally making it to fit NHL standards as far as a dual purpose facility.

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06-18-2013, 02:35 PM
  #105
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Oh, GB will be happy to hear this. I smell another disastrous warm-weather experiment in the works.
''And nooooooooow, please welcome YOUR Las Vegas Cactus!!!!!!!''

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06-18-2013, 02:35 PM
  #106
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Originally Posted by The Zetterberg Era View Post
Yes Ice shows and whatever else can help explain that, but if their interest was solely an NBA team, they wouldn't be intentionally making it to fit NHL standards as far as a dual purpose facility.
Plus, it's to their benefit to have the arena be capable of fitting both, if the option comes up. Barclays Center and the Isles are going to be dealing with a lot of drawbacks for not having the arena built with the NHL in mind as a direct result:


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06-18-2013, 02:59 PM
  #107
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^ Don't want to quote that and eat more space, but curious is that the NHL setup? Remember they were going to host KHL games which eats more space up, just curious what size that ice surface is?

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06-18-2013, 03:14 PM
  #108
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Originally Posted by The Zetterberg Era View Post
^ Don't want to quote that and eat more space, but curious is that the NHL setup? Remember they were going to host KHL games which eats more space up, just curious what size that ice surface is?
the khl games were going to be on NHL-sized ice.

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06-18-2013, 05:37 PM
  #109
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http://www.sportsbusinessdaily.com/D...Las-Vegas.aspx

The 20,000-seat arena is scheduled to break ground in the summer of 14 and open in the spring of 16. The site, between the New York-New York and Monte Carlo resorts, just off the Vegas Strip, is the centerpiece of a redevelopment by MGM, owner of those two properties.

There is no proposed major league tenant for the arena, but it will be designed to NBA and NHL standards, similar to Sprint Center in K.C., Romani said. Driving the project for MGM is the need for a larger facility to book events tied to its resorts, company officials said.
This part said it all for me...

Driving the project for MGM is the need for a larger facility to book events tied to its resorts, company officials said.

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06-18-2013, 07:53 PM
  #110
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This part said it all for me...

Driving the project for MGM is the need for a larger facility to book events tied to its resorts, company officials said.
The mention similar to the Sprint Center in KC is the part that stood out to me. Designed to accommodate the NBA or NHL, but not seeking a tenant. Unless MGM wants to be part of any ownership group they would want to keep the revenues kept between themselves and AEG. Not enough to entice the NHL or NBA in my opinion.

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06-18-2013, 07:57 PM
  #111
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The mention similar to the Sprint Center in KC is the part that stood out to me. Designed to accommodate the NBA or NHL, but not seeking a tenant. Unless MGM wants to be part of any ownership group they would want to keep the revenues kept between themselves and AEG. Not enough to entice the NHL or NBA in my opinion.
I see it as primarily non-NHL/NBA events, with the configurations set to host the occasional NHL or NBA game. Pre-season, special event, etc.

I feel no disturbance in The Force that suggests expansion... yet.

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06-18-2013, 08:25 PM
  #112
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Originally Posted by Major4Boarding View Post
I see it as primarily non-NHL/NBA events, with the configurations set to host the occasional NHL or NBA game. Pre-season, special event, etc.

I feel no disturbance in The Force that suggests expansion... yet.
Yea this is AEG's MO. They're in the concert business first and foremost.

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06-18-2013, 09:07 PM
  #113
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Yea this is AEG's MO. They're in the concert business first and foremost.
I would agree that AEG _Live_, a subsidiary of AEG, is absolutely all about the concert business. However, I think to say that that applies to AEG (who own the Los Angeles Kings, remember) as a whole is... missing the bigger picture.

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06-19-2013, 12:41 AM
  #114
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Not as bad a hockey town as people might think, but, there are too many others, that would be ahead in the pecking order.

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06-19-2013, 07:52 AM
  #115
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Embodying the Spirit of Sin City

I loved Barry Melrose's comment on the NHL network last night. They were discussing how Greg Campbell "embodied the spirit of Boston" with his "blue collar play" and other such cliches. Barry wanted to know: "If Las Vegas gets a team, what kind of player will embody the spirit of Las Vegas?"

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06-19-2013, 08:22 AM
  #116
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Las Vegas is an interesting market. Lots of distractions for the athletes but you got to think one of the 4 major sports leagues has to be looking at it for expansion. The NHL could get a lot of publicity if they where the sports league that expanded there first.

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06-19-2013, 09:58 AM
  #117
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Originally Posted by drive45 View Post
I loved Barry Melrose's comment on the NHL network last night. They were discussing how Greg Campbell "embodied the spirit of Boston" with his "blue collar play" and other such cliches. Barry wanted to know: "If Las Vegas gets a team, what kind of player will embody the spirit of Las Vegas?"
Exciting, flashy, takes lots of gambles.

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06-19-2013, 01:06 PM
  #118
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NHL. in Las Vegas is a disaster waiting to happen & it would be far worse than Phoenix is right now & the thing is Vegas has always been a Basketball town there clearly building this arena to atract an NBA. franchise .

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06-19-2013, 06:45 PM
  #119
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THIS THREAD IS ABOUT LAS VEGAS, NOT HAMILTON

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06-19-2013, 07:15 PM
  #120
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Originally Posted by JMROWE View Post
NHL. in Las Vegas is a disaster waiting to happen & it would be far worse than Phoenix is right now & the thing is Vegas has always been a Basketball town there clearly building this arena to atract an NBA. franchise .
I strongly disagree with this statement. I believe an NHL team would do well in Las Vegas; Certainly much better than in Phoenix. The Las Vegas Wranglers and UNLV Rebels both have a solid hockey fan bases, and junior hockey down here is flourishing as more and more kids want out of the sun and heat. Inline hockey is also very big down here in Vegas, you can find public inline hockey rinks in nearly ever sub-division of Las Vegas. Phoenix has the Cardinals, Diamondback, and Suns that all come before the Coyotes. There wouldn't be any competition in Las Vegas. Whoever comes here first will be highly coveted. I agree with you that an NBA team would do better here than an NHL team. Your right about Vegas being a Basketball town, but with that being said.... Vegas could no doubt sustain a successful hockey team. I'm originally from San Jose. In comparing the two: Vegas > San Jose.

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06-19-2013, 07:21 PM
  #121
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I strongly disagree with this statement. I believe an NHL team would do well in Las Vegas; Certainly much better than in Phoenix. The Las Vegas Wranglers and UNLV Rebels both have a solid hockey fan bases, and junior hockey down here is flourishing as more and more kids want out of the sun and heat. Inline hockey is also very big down here in Vegas, you can find public inline hockey rinks in nearly ever sub-division of Las Vegas. Phoenix has the Cardinals, Diamondback, and Suns that all come before the Coyotes. There wouldn't be any competition in Las Vegas. Whoever comes here first will be highly coveted. I agree with you that an NBA team would do better here than an NHL team. Your right about Vegas being a Basketball town, but with that being said.... Vegas could no doubt sustain a successful hockey team. I'm originally from San Jose. In comparing the two: Vegas > San Jose.
It is a very exciting market for whatever sport decides to take the plunge in my opinion. Also you have some of the brightest marketing and branding people in the world to turn to already calling the city home.

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06-19-2013, 07:45 PM
  #122
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It is a very exciting market for whatever sport decides to take the plunge in my opinion. Also you have some of the brightest marketing and branding people in the world to turn to already calling the city home.
Indeed it is a very exciting market. The Las Vegas region does have some of the best marketing and promoting people in the industry. Everything about moving a team here makes sense to me.

In addition, how awesome would it be to be able to include seeing you favorite NHL team in action during your Las Vegas vacation. That would be phenomenal.

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06-19-2013, 07:49 PM
  #123
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Indeed it is a very exciting market. The Las Vegas region does have some of the best marketing and promoting people in the industry. Everything about moving a team here makes sense to me.

In addition, how awesome would it be to be able to include seeing you favorite NHL team in action during your Las Vegas vacation. That would be phenomenal.
I think Vegas is a great market. Some people see hot or southern market and immediately are wary. Being the first in Vegas and going after that market is something I have supported for a while now and it really is only getting stronger, especially with it rebounding financially.

Those casinos will make substantial contributions to season tickets to comp tickets. They will have a certain amount on hand, and I do think it will become a destination for traveling fans. But I think there is enough of a base and other things going for it that make it a good market.

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06-19-2013, 09:07 PM
  #124
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Originally Posted by Audio Outlaw View Post
I strongly disagree with this statement. I believe an NHL team would do well in Las Vegas; Certainly much better than in Phoenix. The Las Vegas Wranglers and UNLV Rebels both have a solid hockey fan bases, and junior hockey down here is flourishing as more and more kids want out of the sun and heat. Inline hockey is also very big down here in Vegas, you can find public inline hockey rinks in nearly ever sub-division of Las Vegas. Phoenix has the Cardinals, Diamondback, and Suns that all come before the Coyotes. There wouldn't be any competition in Las Vegas. Whoever comes here first will be highly coveted. I agree with you that an NBA team would do better here than an NHL team. Your right about Vegas being a Basketball town, but with that being said.... Vegas could no doubt sustain a successful hockey team. I'm originally from San Jose. In comparing the two: Vegas > San Jose.
I never knew UNLV. had a hockey program I knew they had a strong Basketball program & football program but never hockey especially since Las Vegas is in the triple digits most of the year not the best place for ice hockey .

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06-19-2013, 10:54 PM
  #125
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I don't think the nhl will be coming to Vegas in this arena. The reason is, in markets like Vegas, the nhl team itself would lose 10's of millions of dollars per year in operational losses. They would need other arena revenues to offset these losses. If it was the city of Las Vegas paying for the rink then gifting it to the greedy nhl weasels, then yes, it would work. This particular rink is privately financed by AEG and the MGM, in order to make money (it's basically a replacement for the ageing MGM grand arena). I highly doubt they plan on using it to subsidize an nhl franchise.

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