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the winnipeg sandbox » winnipeg sports... » other sports discussion... » COULD THE NHL RETURN TO WINNIPEG NEXT SEASON?

COULD THE NHL RETURN TO WINNIPEG NEXT SEASON?

+17
Jondo
USApegger
casualchris
Bartron
Northlands
eViL tRoLl
Electrician
Mantha
grumpyrom
holly golightly
AGEsAces
greenTYPEWRITERS
rosencrentz
EdWin
Outsider
Deank
grumpy old man
21 posters

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Guest


Guest

I reckon the sales are flat on the bonds. Why would anybody buy them with a law suit stopping the deal in the process?

eViL tRoLl

eViL tRoLl
contributor plus
contributor plus

grumpy old man wrote:Did the Winnipeg Jets lose $30 million over their entire existence?
It would be difficult to compare the economics of today's NHL to that of the 80's or early 90's. My guesstimate would be that 30 million of todays dollars would be roughly equivalent to about ONE million loss or much less of yesteryears Jets.

grumpy old man

grumpy old man
administrator
administrator

That's what Goldwater is counting on.

Note the city of Glendale is still on the hook for $47 million should Hulzinger abscond with the team or the team dies on the vine.

USApegger

USApegger
contributor
contributor

Apparently Matt's letter to Goldwater

http://www.azcentral.com/ic/pdf/0321Hulsizer.pdf

Deank

Deank
contributor eminence
contributor eminence

I dont get this latest "ploy". Why not just buy the team himself or run bonds out himself?

Guest

Anonymous
Guest

Why get your own money when you can have the city's?

USApegger

USApegger
contributor
contributor

Deank wrote:I dont get this latest "ploy". Why not just buy the team himself or run bonds out himself?
It seems he doesn't have the money, remember Ice Edge, they are part of his group of partners

Deank

Deank
contributor eminence
contributor eminence

right.. he dont have the money.. so.. thats what Bonds are for. Or can a non public entity not offer bonds?

grumpy old man

grumpy old man
administrator
administrator

eViL tRoLl wrote:
grumpy old man wrote:Did the Winnipeg Jets lose $30 million over their entire existence?
My guesstimate would be that 30 million of todays dollars would be roughly equivalent to about ONE million loss or much less of yesteryears Jets.
I don't buy that for a nanosecond.

Using your reckoning, if I had $100,000 in savings in say 1990 (cause I gotta at least pick a year) it would be worth $3,000,000 today?

I do have some money to invest. Can you find me an ROI like this for me? Smile

EdWin

EdWin
major-contributor
major-contributor

Has anyone read the letter that MH sent to GWI on Friday? That letter is proof at how much of a joke this whole situation is.

grumpy old man

grumpy old man
administrator
administrator

The man's grammar was horrid in that letter. Is that indicative of his business savvy? He should have had someone proofread it for him.

Guest

Anonymous
Guest

Here's a paragraph from the letter...



"Arizona Hockey is willing to modify the lease agreement with Glendale to guaranty [sic] to the city that they [sic] will receive direct revenues from the Coyotes, Arena and parking that have a value to day [sic] of at least $75 million. If the cumulative direct revenues received from the Coyotes, Arena and parking are that amount, than [sic] the shortfall will be the liability of Arizona Hockey Holdings."

grumpy old man

grumpy old man
administrator
administrator

The free press "name the team" survey leaves very little doubt about the name most fans want... At least based on this survey. Would a more scientific survey result in a different answer? Somehow I doubt it...

If the NHL returned to Winnipeg, what would you want the name of the team to be?
Jets 69%
Moose 4%
Chill 3%
Bears 1%
Falcons 7%
Other 12%

TOTAL VOTES: 11472

Deank

Deank
contributor eminence
contributor eminence

thank god the bears are a low choice.

only an idiot would vote that Razz

grumpy old man

grumpy old man
administrator
administrator

Hey. Just because I am the only one with great taste...

Deank

Deank
contributor eminence
contributor eminence

less filling?

FlyingRat

FlyingRat
moderator
moderator

grumpy old man wrote:The free press "name the team" survey leaves very little doubt about the name most fans want... At least based on this survey. Would a more scientific survey result in a different answer? Somehow I doubt it...

If the NHL returned to Winnipeg, what would you want the name of the team to be?
Jets 69%
Moose 4%
Chill 3%
Bears 1%
Falcons 7%
Other 12%

TOTAL VOTES: 11472
THIS SURVEY IS DEFINATELY SLANTED TOWARD A LIBERAL BIAS!!! lol!

JT Estoban

JT Estoban
major-contributor
major-contributor

Give the people what they want....

Someone call up Mr. Shenkarow (assuming he owns the naming rights) and find out how much he'll want to allow us to re-call them the new Manitoba Jets...

Just don't do the "Baltamore-CFL-Colts" type thing...that's just lame.

Deank

Deank
contributor eminence
contributor eminence

did a search. NHL owns the rights Smile

rosencrentz

rosencrentz
uber-contributor
uber-contributor

The Jets owners couldn't have lost $30 million. They did not have that kind of money to lose. They sold The Jets for $85 million, when there was an agreement to sell for $55 Million? if the buyer was local.
At that time the salary was $16 million U.S., and they were forecasting $30 in the next few years. They had no income from executive boxes ?, beer sales, concessions, parking etc, etc, all things needed to make money.

http://www.elansofas.com

grumpy old man

grumpy old man
administrator
administrator

Ahem, it's the Winnipeg Jets...

rosencrentz

rosencrentz
uber-contributor
uber-contributor

Maybe it should be the Manitoba Jets, similar to the Saskachebush Roughriders to get the out of city support?
Great idea Grumpy!

http://www.elansofas.com

Deank

Deank
contributor eminence
contributor eminence

Manitoba CMHR Ukes?

(just to piss off the Jewish population apparently or more specifically Rosie )

Outsider

Outsider
contributor plus
contributor plus

rosencrentz wrote:The Jets owners couldn't have lost $30 million. They did not have that kind of money to lose. They sold The Jets for $85 million, when there was an agreement to sell for $55 Million? if the buyer was local.
At that time the salary was $16 million U.S., and they were forecasting $30 in the next few years. They had no income from executive boxes ?, beer sales, concessions, parking etc, etc, all things needed to make money.

http://www.hockeyfanzone.com/archive/index.php?t-4257.html

" Aug. 15, 1995: Shenkarow announces that the Jets will be sold to
outside owners after one last season (1995-96) in Winnipeg. They bring
US$65 million, about C$100 million Cdn at the time. The province gets a
third, recovering what it paid to cover Jets' operating losses."

Funny I thought the losses were actually larger.
Does anyone remember if the city was also under-writing some losses?.

Electrician

Electrician
general-contributor
general-contributor

Manitoba Hang-gliders.
Manitoba Skeeters.

http://www.new.facebook.com/profile.php?id=1416203996

Bartron

Bartron
major-contributor
major-contributor

Lawless apparently has some big news to release today on the Freep website at 5:15, will also be discussed on his show once the story breaks.



Last edited by Bartron on Thu Apr 14, 2011 5:44 pm; edited 1 time in total

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the winnipeg sandbox » winnipeg sports... » other sports discussion... » COULD THE NHL RETURN TO WINNIPEG NEXT SEASON?

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