Winnipeg Jets

[wayward_prince]

Winnipeg has size and wealth to support NHL franchise
By QMI Agency

Last Updated: November 13, 2010 12:32am
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FacebookDiggDel.icio.usGoogleStumble UponNewsvineRedditTechnoratiFeed MeYahooSimpySquidooSpurlBlogmarksNetvouzScuttleSitejot+ What are these? .Another prominent voice is in Winnipeg’s corner when it comes to the pursuit of an NHL franchise.

In an article on hot topics in economics, Conference Board of Canada director Mario Lefebvre said Winnipeg, Quebec City and Hamilton all deserve NHL franchises because they have the “four pillars necessary to the success of a professional sports organization.”

Lefebvre says those pillars are 1) the size of the market; 2) the wealth of the market; 3) a sound corporate presence; 4) a level playing field.

The director for the Centre for Municipal Studies says Winnipeg’s population is adequate to support a team and the city actually has a higher income per capita than Montreal (and on par with Vancouver). He goes on to say that Winnipeg has more large corporations than both Ottawa and Edmonton, cities that currently have NHL franchises.

Finally, Lefebvre points to the strong Canadian dollar as a means of levelling the playing field, a situation which did not exist when the Winnipeg Jets and Quebec Nordiques struggled to make ends meet during the 1990s. He said the Conference Board of Canada expects the loonie will stay at par with the U.S. dollar for the foreseeable future.

Winnipeg lost its NHL team when the Jets moved to Phoenix in 1996. Manitoba Moose owner Mark Chipman and business partner David Thomson have been in discussions to move the Phoenix Coyotes to the 15,000-seat MTS Centre, but it appears a deal may be completed to keep the team in Arizona.

[Mininari]

Not sure how credible this source is:
http://arenadigest.com/201011293135/...issed-deadline

Coyotes sale: Yet another missed deadline
Monday, 29 November 2010 15:00 Hockey - NHL
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Phoenix Coyotes

All sides were hoping a deal for a group led by Chicago businessman Matthew Hulsizer to buy the Phoenix Coyotes (NHL) would be completed by Dec. 1, but it's apparent that deadline will be shot, as negotiations for a jobing.com Arena lease continue.

The issue, we're told, is the level of subsidy the Hulsizer group is seeking from Glendale: some $25 million annually. That's a lot for a financially strapped municipality to dole out to keep a tenant in a money-losing arena, and while the city was willing to subsidize the franchise when it was taken over by the NHL, some are questioning whether that level of subsidy should continue. It appears both sides have reached an agreement, though some details remain to be finalized, as city officials have engaged in some closed-door meetings to discuss the deal.

If a lease is finalized -- with NHL input and approval -- then the sale goes before the full Board of Governors. This isn't likely before their next meeting, but it needs to happen before the end of the year, per the terms of the sale.

[Boreal]

Whether we get a team or not, Glendale is the biggest joke running if they actually agree to give financial fellatio to the tune of $25 mill (perhaps they are hoping Obamanomics kick in, and inflation skyrockets making it a "cheap" 25 mill) to a private owner with no end-game in sight. Even if they keep the team, they lose. Presumably, the losses at Jobing.com Arena exceed $25 million annually without the Coyotes present there. However, even if that is the case, it's best to take the Flint, Michigan approach, and just let mother nature take care of the Jobing.com Arena. Let it go into Chapter 11, and call it a day. It's not like another arena for shows and shit doesn't exist just down the highway in Phoenix proper.

If you have to heavily subsidize a tenant, and still lose money, you really shouldn't be operational. I'm just shocked the tax payers of that tea-bagging state aren't up in arms. It clearly is not a population that cares much for hockey, but they aren't particularly impassioned about losing $25 million (from a tax base the size of Regina) annually in support of professional hockey that provides no community benefits to minor hockey (sic, they live in the desert). Mind bottling! Like when your thoughts are all trapped up. Like in a bottle!

[The Jabroni]

Well, they now have exactly 1 month until the REAL deadline hits. If no new owner is found by December 31, 2010, Coyotes could be heading back to Winnipeg for the 2011 - 2012 season.

*furiously knocks on wood*

[Only The Lonely..]

Originally Posted by The Jabroni

Well, they now have exactly 1 month until the REAL deadline hits. If no new owner is found by December 31, 2010, Coyotes could be heading back to Winnipeg for the 2011 - 2012 season.

*furiously knocks on wood*

Amen. It's been pretty quiet on the Glendale front and they have been averaging 9000+ a game.

10/16 vs. Detroit Red Wings - 17,125

10/21 vs. Los Angeles Kings - 6,706

10/23 vs. Carolina Hurricanes - 8,189

10/30 vs. Tamp Bay Lightning - 8,171

11/3 vs. Nashville Predators - 6,761

11/6 vs. Pittsburgh Penguins - 14,642

11/12 vs. Calgary Flames - 11,117

11/13 vs. St. Louis Blues - 9,412

11/23 vs. Edmonton Oilers - 9,354


These are discounted tickets distributed. Not actual bums in seats. The other night the Moose got 14,000 for an AHL game. SO EAT IT ARIZONA!

[Jets4Life]

It's only a matter of time before an NHL team moves back to Winnipeg. The city has so much going for it right now. It would be a huge moral boost for all Manitobans.

[Bdog]

Originally Posted by Only The Lonely..

Amen. It's been pretty quiet on the Glendale front and they have been averaging 9000+ a game.

10/16 vs. Detroit Red Wings - 17,125

10/21 vs. Los Angeles Kings - 6,706

10/23 vs. Carolina Hurricanes - 8,189

10/30 vs. Tamp Bay Lightning - 8,171

11/3 vs. Nashville Predators - 6,761

11/6 vs. Pittsburgh Penguins - 14,642

11/12 vs. Calgary Flames - 11,117

11/13 vs. St. Louis Blues - 9,412

11/23 vs. Edmonton Oilers - 9,354


These are discounted tickets distributed. Not actual bums in seats. The other night the Moose got 14,000 for an AHL game. SO EAT IT ARIZONA!

They love Crosby in the desert

[Jets4Life]

Originally Posted by Bdog

They love Crosby in the desert

A lot of transplanted Western Pennsylvanians, I would imagine. In last years playoffs, there were easily 5,000 Red Wings fans in Arizona for the exact same reason.

[roccerfeller]

I just get this feeling its gonna be like back in the summer...down to the last 15 mins

CoG has much more to lose than the Coyotes...that's why this deal is mind-numbingly frustrating for us up here

Here's hoping the last 15 mins goes our way this time... would be great if ATL was available as well, but my preference is the Yotes (same franchise) plus then QC would get a legit shot @ ATL

Then again maybe by the time the arena is built in QC the Yotes will be in Bankrupty again (5 yrs)

[Mininari]

Originally Posted by roccerfeller

I just get this feeling its gonna be like back in the summer...down to the last 15 mins

CoG has much more to lose than the Coyotes...that's why this deal is mind-numbingly frustrating for us up here

Here's hoping the last 15 mins goes our way this time... would be great if ATL was available as well, but my preference is the Yotes (same franchise) plus then QC would get a legit shot @ ATL

Then again maybe by the time the arena is built in QC the Yotes will be in Bankrupty again (5 yrs)

1) Yep, they sure do. The CoG will be f*&^%$ if they lose their only major tenant in that arena. Thats probably where they can argue that a subsidy would be the lesser of two evils. Still, I imagine that the Goldwater Institute is continuing their fight "for justice for the people and their tax dollars."

2) Either / or, Winnipeg is ready NOW; QC needs more time. Nonetheless, another year or two would give Chipman some time to put his Portage Enterainment District development into motion.

[Only The Lonely..]

Tick.. tock... tick.. tock.....30 days left.

[rrskylar]

29.............

[rrskylar]

How exactly is Hulsizer going to buy the Coyotes for $170 million when his personal wealth is relatively modest at an estimated $300 million — and will he be even capable of supporting the losses of the Coyotes if the team continues to spurt red ink.

[Mininari]

Well thats easy.
He's got some "minor investors" lined up, including some of the Ice Edge Group members, and they're capable of...

Wait a sec...

[chrisallard5454]

If you were counting on the Phoenix Coyotes packing up and returing "home" you may be out of luck. Scott Morrison of CBC Sports reports that prospective Coyotes' owner Matthew Hulsizer says his plan to take over ownership of the financially-troubled franchise is right on track.

Hulsizer still needs to finalize an arena lease with the City of Glendale, and close a purchase agreement with the NHL but the 40 year old businessman says he's confident he can get those things done by the end of the year - which just happens to be the NHL's deadline.

Does that mean True North Sports And Entertainment is out of luck, and we won't see NHL hockey here again? No, as far as I can tell it means TNSE will continue to monitor the market place looking for the best value. Many observers say that's the Atlanta Thrashers - a solid looking team with decent hockey people in charge but poor crowds and a fractured ownership situation.

What do you think about all this? Will we see NHL hockey at MTS Centre sooner than later? Cast your vote in our survey.

http://www.cbc.ca/manitoba/blogs/mit...aying-put.html

[dennis]

I hope Mr. Hulsizer has plenty of money. 10 years multiplied by $20 million = holy %#$& !. 25 years X $20M = even worse...

[viperred88]

lets give this up already.

Winnipeg does not have the corporate support as compared to other major cities and our average income in this city is not high enough to guarantee seat sales year after year in the present NHL.

Chipman and the province make us think we are a happening city/province but we are really a have been city where we are so poor and cheap that we love our dollarama crap.

And finally lately our economy is trying to catch-up to the rest of the nation after laying dormant for so long. Maybe with the conservative bump it up to a more thriving economy without jeopardizing people lives and the environment.

[ScrappyPeg]

Originally Posted by viperred88

lets give this up already.

Winnipeg does not have the corporate support as compared to other major cities and our average income in this city is not high enough to guarantee seat sales year after year in the present NHL.

Chipman and the province we are a happening city but we are really a have been city where we are so poor and cheap that we love our dollarama crap.

Wow, pass the razor blades and vodka...

[viperred88]

Originally Posted by ScrappyPeg

Wow, pass the razor blades and vodka...

lol sorry man. just stating the obvious.
yes I would love to see a team here but after watching our province fall behind other provinces and cities. We are a province who relies on federal transfer payments for most the years so in other words we cannot sustain ourselves and afford to spend on these luxuries.

[Reed Solomon]

Originally Posted by viperred88

lol sorry man. just stating the obvious.
yes I would love to see a team here but after watching our province fall behind other provinces and cities. We are a province who relies on federal transfer payments for most the years so in other words we cannot sustain ourselves and afford to spend on these luxuries.

Just because you have nothing positive to say, doesn't mean you have to bring everyone else down. If you've lost the will to live and think the world is a big cesspool doesn't mean you have to make comments like "why are we even building new buildings just nuke the planet". They've done studies, it can be sustainable. They have a potential ownership group. They have a building. Don't tell me Winnipeg doesn't have enough hockey fans, either.