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Panthers' Financial Outlook Bleak

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Old
02-18-2004, 11:20 AM
  #1
Hecht
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Panther's Financial Outlook Bleak

http://tsn.ca/nhl/news_story.asp?ID=72638&hubName=nhl

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Old
02-18-2004, 11:59 AM
  #2
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Quote:
Originally Posted by Hecht
maybe if they'd trade for a decent defenceman they'd win sum freaking games

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Old
02-18-2004, 12:12 PM
  #3
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Quote:
Originally Posted by jacksheit
maybe if they'd trade for a decent defenceman they'd win sum freaking games

How would that help offset 17.5 million in losses. Definately not through the moderate increase in attendence that it might garner. The article was about a bleak financial situation, not the on-ice product. You do realize to cover that, you would need to sell...assuming $40 average ticket price....437,000 more tickets in a year....that's almost 10,671 more tickets per game!

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02-18-2004, 12:14 PM
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Quote:
Originally Posted by craig1
How would that help offset 17.5 million in losses. Definately not through the moderate increase in attendence that it might garner. The article was about a bleak financial situation, not the on-ice product. You do realize to cover that, you would need to sell...assuming $40 average ticket price....437,000 more tickets in a year....that's almost 10,671 more tickets per game!
Ignore irrational comments like that.

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Old
02-18-2004, 12:19 PM
  #5
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Projected response from Goodenow:

"I highly doubt a team with such a small payroll can lose that much. The Panthers owners did not consult with us before conducting this report, so we really can't comment on it. They'll find a way to blame it on esculating player salaries instead of raising ticket prices to help finance their team."



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Old
02-18-2004, 12:44 PM
  #6
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Quote:
Originally Posted by go kim johnsson
Projected response from Goodenow:

"I highly doubt a team with such a small payroll can lose that much. The Panthers owners did not consult with us before conducting this report, so we really can't comment on it. They'll find a way to blame it on esculating player salaries instead of raising ticket prices to help finance their team."


Sad but true <-- Great song BTW

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Old
02-18-2004, 12:56 PM
  #7
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a) I wouldn't be surprised that you'll be seeing more and more articles like this as the end of the CBA draws closer.

b) Maybe it's just showing that the league over-expanded, talent pool has been thinned out and there is a less-competitive product on the ice.

c) Or a combination of b) and so-so drafting/scouting of players

d) People will show for a team that wins games, see the Marlins.

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Old
02-18-2004, 01:15 PM
  #8
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Trust me, the Panthers are one of the most mismanaged and stingy organizations in the NHL, and they are definitely in trouble with low attendance, an alienated fan-base, a team that is full of players who shouldnt be in the NHL just yet, and general lack of caring among a small fanbase.

This fully has erased any of my doubts that the Panthers are the team that contacted Winnipeg.

(disclaimer, my wife was fired from the Panthers due to my working for the minor league Miami Manatees, and they cited conflict of interests in working for a competitor..which is like the Dolphins considering a local Div 2 college team their competition)

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Old
02-18-2004, 01:26 PM
  #9
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Quote:
Originally Posted by Mark Fischel
Trust me, the Panthers are one of the most mismanaged and stingy organizations in the NHL, and they are definitely in trouble with low attendance, an alienated fan-base, a team that is full of players who shouldnt be in the NHL just yet, and general lack of caring among a small fanbase.

This fully has erased any of my doubts that the Panthers are the team that contacted Winnipeg.

(disclaimer, my wife was fired from the Panthers due to my working for the minor league Miami Manatees, and they cited conflict of interests in working for a competitor..which is like the Dolphins considering a local Div 2 college team their competition)
Mark obviously isn't biased against the team

Your comments are as reliable as a Lightning fan trashing the team.

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Old
02-18-2004, 01:29 PM
  #10
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... location time.

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Old
02-18-2004, 01:31 PM
  #11
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Quote:
Originally Posted by luongofan
Mark obviously isn't biased against the team

Your comments are as reliable as a Lightning fan trashing the team.
Or actually my comments are based on knowing what the situation is due to first and second hand testimonials from people who know the situation closer than any Lightning fan would.

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Old
02-18-2004, 01:32 PM
  #12
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Quote:
Originally Posted by Mark Fischel
Or actually my comments are based on knowing what the situation is due to first and second hand testimonials from people who know the situation closer than any Lightning fan would.
I agree with that, but bias (rather it be positive or negative) is obvious.

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Old
02-18-2004, 05:33 PM
  #13
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Quote:
Originally Posted by go kim johnsson
Projected response from Goodenow:

"I highly doubt a team with such a small payroll can lose that much. The Panthers owners did not consult with us before conducting this report, so we really can't comment on it. They'll find a way to blame it on esculating player salaries instead of raising ticket prices to help finance their team."
Hehe...he'd probably add:

"We did our own analysis that factored in several revenue sources than the owners of Florida did not report, which shows they actually made lots of money and should have a $60 million payroll"

Those additional revenue sources probably would include the Detroit Pistons, which Alan Cohen also owns.

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Old
02-18-2004, 06:03 PM
  #14
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Alan Cohen is not the owner of the Detroit Pistons. You are thinking about the TB owner.

Alan Cohen was the founder of a generic drug company, which explains his generic hockey team that he owns.

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Old
02-18-2004, 06:54 PM
  #15
Rattrick
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Quote:
Originally Posted by Mark Fischel
Alan Cohen was the founder of a generic drug company, which explains his generic hockey team that he owns.
Gee Mark give it a rest. His company is worth more than any of us probably ever will be. Are you really that bitter? If this is the worst thing to happen to you, you've lived a good life. Get over it already.

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Old
02-18-2004, 08:24 PM
  #16
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How ironic, considering in one of my threads about teams that are dragging the NHL down, people got very defensive when I mentioned the Panthers as one of the 5 teams....

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Old
02-18-2004, 09:10 PM
  #17
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I feel sorry for Panthers fans here but they have no business in the NHL.
When Bettman was there, they have a 4 for 1 deal on tickets and still couldnt sell out.

Now thats why they are a prime candidate for relocation or contraction. Its a shame but they are just not supported well enough.

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Old
02-19-2004, 12:17 AM
  #18
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Quote:
Originally Posted by go kim johnsson
Projected response from Goodenow:

"I highly doubt a team with such a small payroll can lose that much. The Panthers owners did not consult with us before conducting this report, so we really can't comment on it. They'll find a way to blame it on esculating player salaries instead of raising ticket prices to help finance their team."


from the same article:

"the Office Depot Center generated a profit of $5.1-million after expenses last year"

and

" closely monitoring the arena's finances, which the team owns"

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Old
02-19-2004, 02:40 PM
  #19
Rattrick
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Quote:
Originally Posted by ObeySteve
How ironic, considering in one of my threads about teams that are dragging the NHL down, people got very defensive when I mentioned the Panthers as one of the 5 teams....
How ironic, considering I think Philly, Detroit, New York Rangers and Dallas are the ones dragging the NHL down.

CONTRACT THEM!

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Old
02-19-2004, 05:15 PM
  #20
ObeySteve
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Damn you, successful franchises....why must you always steal the thunder!

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Old
02-20-2004, 12:28 AM
  #21
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Quote:
Originally Posted by ObeySteve
Damn you, successful franchises....why must you always steal the thunder!
Actually, from the perspective of most teams, the teams that overspend (ie. Rangers, Washington, probably even your Philly team) the most on RFAs and UFAs are more problematic than the small markets. For the most part, the small markets run theur ship well, and have small losses. The big spenders (not necessarily teams like Detroit and Colorado that are worth their payroll) drive up salaries and are the teams truly responsible for the NHL's crappy financial picture.

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Old
02-20-2004, 10:26 AM
  #22
Rattrick
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Quote:
Originally Posted by The Rage
Actually, from the perspective of most teams, the teams that overspend (ie. Rangers, Washington, probably even your Philly team) the most on RFAs and UFAs are more problematic than the small markets. For the most part, the small markets run theur ship well, and have small losses. The big spenders (not necessarily teams like Detroit and Colorado that are worth their payroll) drive up salaries and are the teams truly responsible for the NHL's crappy financial picture.

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