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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.

WFP: The Jets effect: Return of NHL hockey beneficial to provincial economy

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12-21-2012, 11:34 PM
  #26
No Fun Shogun
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Quote:
Originally Posted by Puckschmuck View Post
If you look at the facts, the facts are that, as I've pointed out to you, the Bombers have NEVER been affected by the NHL in Winnipeg, not once. If you are taking into account population, say for example Edmonton, there is about 1.4 million people within the city and an area of about 1 hour in radius. Winnipeg has about 900K (will likely be a million in about 3-5 years or so). In the grand scheme of things, it's not that much more. Calgary, ditto. So in retrospect, yes, they are not that much different in population. Also in terms of disposable income, Winnipeggers have dispelled the myth that they won't pay for sports. They are, in droves. This will not change, since people in the city have much more money at their disposal. The Bombers selling out last year is proof enough. And with the new stadium coming onboard next year, it will only drive up demand for tickets.

Again, Winnipeg can survive and thrive with two pro sports franchises in the city. This will continue to occur and won't change, so people need not worry.
Things going well now =/= a guarantee that things will always go well. That's basically the point I was making.

And to flat out say that the Jets will have zero negative impact at all on the other local teams seems fairly short sighted. At some point, decisions on how people spend their entertainment money will come up in greater and greater amounts. Enough to make the Jets or the Bombers fail and move? Almost assuredly not, unless the Canadian economy utterly tanks an a few other Canadian teams move, too. Enough to cut into some of the profits of either team? Maybe.

And it's not knocking Winnipeg, so don't think that. Add another team to Chicago or New York or Philadelphia or Toronto or Seattle or anywhere else. Money's not going to get magically generated out of no where, there are going to be cuts here and there, and some of that will come out of spending that would've gone to other teams otherwise.


Last edited by No Fun Shogun: 12-21-2012 at 11:42 PM.
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12-22-2012, 01:19 AM
  #27
DuklaNation
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A business that employs local people who spend & invest their money locally is far better than an NHL team. Entertainment industry has always been highly overrated due to its public nature.

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12-22-2012, 04:24 PM
  #28
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Quote:
Originally Posted by No Fun Shogun View Post
Things going well now =/= a guarantee that things will always go well. That's basically the point I was making.

And to flat out say that the Jets will have zero negative impact at all on the other local teams seems fairly short sighted. At some point, decisions on how people spend their entertainment money will come up in greater and greater amounts. Enough to make the Jets or the Bombers fail and move? Almost assuredly not, unless the Canadian economy utterly tanks an a few other Canadian teams move, too. Enough to cut into some of the profits of either team? Maybe.

And it's not knocking Winnipeg, so don't think that. Add another team to Chicago or New York or Philadelphia or Toronto or Seattle or anywhere else. Money's not going to get magically generated out of no where, there are going to be cuts here and there, and some of that will come out of spending that would've gone to other teams otherwise.
Sure there will be cuts, but I don't think its significant as "cutting into some of the profits of either team", because not all Bomber fans are Jets fans, not all Jets fans are bomber fans, and the good thing about these sports is they don't overlap each other that much, maybe one game but never a whole season. In the summer you get Bomber games, in the Winter you get the Jets. Another good thing about the fans is they share the season tickets with their friends. That way they can partially pay for the tickets but still enjoy the games. One more thing is Winnipeg is one of the best cities in Canada to invest in and the economy pre-Jets had been great, even though there was a Global recession, the city economy wasn't affected that much. There are a lot of new things in the city, like new airport, new stadium, new national museum, there are major international investments and stores opened around the city, and finally this economic pull by the Jets will add more to the positive turn up in Winnipeg's economy. So I don't worry about it being affected by having two teams, especially the community is simply tight knit that having this pride for the city is overwhelming, I think it's positive.

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