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Hockey Franchise Values - NYI #26

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Old
12-02-2010, 10:33 AM
  #1
IwayMike
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Hockey Franchise Values - NYI #26

I am surprised that the team is not last in Value, but I guess we are in a larger market then other teams.

http://www.forbes.com/lists/2010/31/...rs_312071.html

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12-02-2010, 10:49 AM
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Riddick
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average ticket price is $51? ummm....can someone please show me these magic seats that make the average $51??

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12-02-2010, 11:28 AM
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isleskovalchuk
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this is really interesting... surprised to see Tampa so low on that list

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12-02-2010, 11:50 AM
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Bunk Moreland
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Forbes also did a NHL Best bang for their buck GM rankings which had Garth Snow at number 9..

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12-02-2010, 02:03 PM
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Quote:
Originally Posted by Turnpike Terrors View Post
Forbes also did a NHL Best bang for their buck GM rankings which had Garth Snow at number 9..
That's unbelievable. But it's Forbes after all.

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12-02-2010, 02:13 PM
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Sidney the Kidney
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Originally Posted by Turnpike Terrors View Post
Forbes also did a NHL Best bang for their buck GM rankings which had Garth Snow at number 9..
For those who read the article and, I'm assuming, read the detailed explanation for how they rank the GMs, what criteria did they use to come to that conclusion? It certainly couldn't have taken wins into account in the formula.

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12-02-2010, 04:50 PM
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Islanderfan72
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So who do you believe more, Wang who claims 20 million in operating losses or Forbes who claims 4.5 million.

I would say it is more like around 6-7 million especially now when Wang gets more out of the building.

He probably makes money when you figure he gets money from sold out concerts.

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12-02-2010, 05:10 PM
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TheBoss22
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The fact that everyone who has inside knowledge of the organization say the losses are real. I would tend to believe Wang. May be 20 mill is a rounded off loss (perhaps it's 16 or 17 mill).

No way is the Forbes number correct as no one in the NHL has ever validated their claims. All executives/GM's or former employees ask "Where do they get their #'s from?"

Forbes makes comments like...

Quote:
If no deal is reached the Islanders will probably relocate to Kansas City, which has a new arena waiting for them.
Would you bet your house on them?

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Old
12-02-2010, 05:25 PM
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Islanderfan72
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Originally Posted by TheBoss22 View Post
The fact that everyone who has inside knowledge of the organization say the losses are real. I would tend to believe Wang. May be 20 mill is a rounded off loss (perhaps it's 16 or 17 mill).

No way is the Forbes number correct as no one in the NHL has ever validated their claims. All executives/GM's or former employees ask "Where do they get their #'s from?"

Forbes makes comments like...



Would you bet your house on them?

Weird but my calculations.....

Ticket Revenue (10,000*41*40) 16 million
Tv Revenue 20 million
Other(league, advertising, parking, concessions)11 million
(2 million from the league, 3 million from advertising, 2 million from parking, 4 million from concessions)
Total 47 million

Expenses
Player Salaries 45 million
Other (employee salaries, running stadium) 12 million
Total 57 million

Unless I am really off I would say he has losses of 10 million. Where would the other 10 million be? Tickets? Employee salaries? Keeping the ice cold?

Before he got the sub lease he was probably losing 20 million but now with concessions and getting money from other events like wrestling and concerts he probably breaks even.

If he increased player salaries on the ice by 5 million (50 million player salaries total without Yashin and witt) he would probably make 10 million more IMO. Increase average attendance and concession revenue.

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Old
12-02-2010, 05:52 PM
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CaptDenisPotvin
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Quote:
Originally Posted by Islanderfan72 View Post
Weird but my calculations.....

Ticket Revenue (10,000*41*40) 16 million
Tv Revenue 20 million
Other(league, advertising, parking, concessions)11 million
(2 million from the league, 3 million from advertising, 2 million from parking, 4 million from concessions)
Total 47 million

Expenses
Player Salaries 45 million
Other (employee salaries, running stadium) 12 million
Total 57 million

Unless I am really off I would say he has losses of 10 million. Where would the other 10 million be? Tickets? Employee salaries? Keeping the ice cold?

Before he got the sub lease he was probably losing 20 million but now with concessions and getting money from other events like wrestling and concerts he probably breaks even.

If he increased player salaries on the ice by 5 million (50 million player salaries total without Yashin and witt) he would probably make 10 million more IMO. Increase average attendance and concession revenue.
Umm.....so why can't we have someone purchase the team that thinks like this? Not that the numbers are dead on but the thought here is "spend more to make more"...not lets see how little we can spend so we can cut loses....Its not my money and none of us know the complete situation so I can't whole-heartedly tell you this is what I would do but in general better products can demand more money from consumers and its validated by the product or in this case the experience of being at the game.

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Old
12-02-2010, 07:08 PM
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Yet, they're priceless in all of our hearts!!!

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Old
12-03-2010, 03:14 AM
  #12
OlTimeHockey
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I think he's losing closer to $30M a year now.

Someone has to pay to fly all those surgeons around to keep Streit and Okposo from being LTIR cases. He's a great man with such heartwarming generosity.


Last edited by OlTimeHockey: 12-03-2010 at 03:20 AM.
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