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Post by Bruinsfan on Apr 9, 2014 21:21:08 GMT -6
Vegas is too small. It will be another western city though if this team ends up in qc Maybe KC
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Post by mikecubs on Apr 10, 2014 1:08:02 GMT -6
^^^KC LOL. That's just as bad. Vegas isn't getting a team and Florida is NOT moving.
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Post by mikecubs on Apr 10, 2014 1:15:27 GMT -6
miamiherald.typepad.com/flapanthers/2014/04/curtains-panthers-to-seriously-cut-back-on-sunrise-capacity-in-2014-15.htmlCURTAINS!: Panthers to Seriously Cut Back on Sunrise Capacity in 2014-15? TWITTER: @georgerichards The Panthers had a huge curtain cutting off part of the end zone at Tuesday's morning skate and it looks like that may be a sign of things to come. According to the team website, seats in those sections aren't being offered as part of any season ticket plan. As you can see from the chart below, season ticket sales end at Section 306 and resume in 313*. It also appears the tarps are staying as 'Goal Zone' seats will only be sold up to row 10. (*) The team is renaming the 400 level the 300 level as well. The Panthers have already cut chunks out of the upper deck with tarps the past few seasons, opening up seats as the need arises. I would think the curtain would be gone for single game tickets if needed (when Montreal comes to town, the Holiday Series) but will ask about this when I'm at the game tonight. From the comments below the author of the article writes I've been told it will cost about $200 million to break the lease with the county. And the NHL wants them here, wants them to succeed here. So not anytime soon(on the possibility of the team moving)
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Post by Bruinsfan on Apr 10, 2014 8:33:20 GMT -6
miamiherald.typepad.com/flapanthers/2014/04/curtains-panthers-to-seriously-cut-back-on-sunrise-capacity-in-2014-15.htmlCURTAINS!: Panthers to Seriously Cut Back on Sunrise Capacity in 2014-15? TWITTER: @georgerichards The Panthers had a huge curtain cutting off part of the end zone at Tuesday's morning skate and it looks like that may be a sign of things to come. According to the team website, seats in those sections aren't being offered as part of any season ticket plan. As you can see from the chart below, season ticket sales end at Section 306 and resume in 313*. It also appears the tarps are staying as 'Goal Zone' seats will only be sold up to row 10. (*) The team is renaming the 400 level the 300 level as well. The Panthers have already cut chunks out of the upper deck with tarps the past few seasons, opening up seats as the need arises. I would think the curtain would be gone for single game tickets if needed (when Montreal comes to town, the Holiday Series) but will ask about this when I'm at the game tonight. From the comments below the author of the article writes I've been told it will cost about $200 million to break the lease with the county. And the NHL wants them here, wants them to succeed here. So not anytime soon(on the possibility of the team moving) Viola payed what 200mil? Quebeccor was going to pay 400 for a franchise in expansion.... SO Theoretically they could bail viola out get him most of his investment back(185ish) PLus a 30 mil relocation fee to the nhl and 200 mil to Viola to break the lease. Around the same as buying an expansion franchise. I agree they arent moving but not because that lease is unbreakable, they arent moving because florida will bail them out because of SAVE THE ARENA syndrome.
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Post by JETStender on Apr 10, 2014 13:28:54 GMT -6
I'm willing to bet that the third area to get a team will be Vegas, right after QC and Seattle. Put a firm (reasonable) timeline on that and quote some odds and I'll likely take that action. m. I cant put a timeline on it because the NHL controls it. What I am saying is that the right after QC and Seattle will be Vegas. Not saying it's right but it'll happen. I believe the NHL wants to get to a 32 team league at some point.
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Post by JETStender on Apr 10, 2014 13:32:48 GMT -6
Viola payed what 200mil? Quebeccor was going to pay 400 for a franchise in expansion.... SO Theoretically they could bail viola out get him most of his investment back(185ish) PLus a 30 mil relocation fee to the nhl and 200 mil to Viola to break the lease. Around the same as buying an expansion franchise. I agree they arent moving but not because that lease is unbreakable, they arent moving because florida will bail them out because of SAVE THE ARENA syndrome. The team could be place into Bankruptcy, same situation as the Coyotes, which makes the lease void. Relocation fee will be higher than $30M. Precedent has been set at $70 Mil (Jets) and will only go up. $100 Mil is not a stretch for a FLA to QC move.
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Post by mikecubs on Apr 10, 2014 14:44:35 GMT -6
From the comments below the author of the article writes I've been told it will cost about $200 million to break the lease with the county. And the NHL wants them here, wants them to succeed here. So not anytime soon(on the possibility of the team moving) Viola payed what 200mil? Quebeccor was going to pay 400 for a franchise in expansion.... SO Theoretically they could bail viola out get him most of his investment back(185ish) PLus a 30 mil relocation fee to the nhl and 200 mil to Viola to break the lease. Around the same as buying an expansion franchise. I agree they arent moving but not because that lease is unbreakable, they arent moving because florida will bail them out because of SAVE THE ARENA syndrome. Viola paid 250M. Add 200M to that, plus around at least a 70M relocation fee and you are looking at 520M at least. But you are right. Florida is not going to let the arena go empty. And I still have my doubts when you count concerts the Panthers are losing money. There is a good chance Viola is lying and the overall operation is making money but he could be thinking Glendale was very dumb maybe Sunrise is too and they will cover the hockey operation loses.
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Post by mikecubs on Apr 10, 2014 14:50:40 GMT -6
Put a firm (reasonable) timeline on that and quote some odds and I'll likely take that action. m. I cant put a timeline on it because the NHL controls it. What I am saying is that the right after QC and Seattle will be Vegas. Not saying it's right but it'll happen. I believe the NHL wants to get to a 32 team league at some point. Agree with the NHL going to 32 but not on Vegas. If Vegas gets a team(a big IF) most likely it will be NBA. If Milwaukee/Herb Kohl step up the NBA will likely do a 2 team expansion themselves(1 to Seattle for sure) and Vegas. If you were a Vegas investor what would you invest in NBA or NHL(assuming you wanted to have a shot at making $$$)? That's an easy choice given the history of the running rebels, NBA summer league, all star game. You are right probably about Quebec/Seattle getting NHL teams. Florida isn't leaving. Politicians in the end will save the arena. A compromise with a casino being built next to it will be what saves it.
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Post by Bruinsfan on Apr 10, 2014 16:41:33 GMT -6
Viola payed what 200mil? Quebeccor was going to pay 400 for a franchise in expansion.... SO Theoretically they could bail viola out get him most of his investment back(185ish) PLus a 30 mil relocation fee to the nhl and 200 mil to Viola to break the lease. Around the same as buying an expansion franchise. I agree they arent moving but not because that lease is unbreakable, they arent moving because florida will bail them out because of SAVE THE ARENA syndrome. The team could be place into Bankruptcy, same situation as the Coyotes, which makes the lease void. Relocation fee will be higher than $30M. Precedent has been set at $70 Mil (Jets) and will only go up. $100 Mil is not a stretch for a FLA to QC move. Another option right here. Plunge the hockey entity into bankrupcty voiding the lease....but maybe keeping the arena operations contract valid. Alot of people think viola is just owning the panthers to have a tax free sale of some of his holdings and wont stick around
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Post by mikecubs on Apr 11, 2014 1:42:27 GMT -6
^^^ I'm sure you can't keep the lease if you declare bankruptcy. If that was possible you'd see almost every sunbelt team owner declare bankruptcy and want to sell to Quebec.
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Post by Bruinsfan on Apr 11, 2014 8:30:11 GMT -6
^^^ I'm sure you can't keep the lease if you declare bankruptcy. If that was possible you'd see almost every sunbelt team owner declare bankruptcy and want to sell to Quebec. They need a reason to doit though. You cant just file for bankruptcy they need cause. IF phoenix could doit, florida could...just depends on how they structure their organization
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Post by donwood on Apr 11, 2014 11:44:14 GMT -6
The team could be place into Bankruptcy, same situation as the Coyotes, which makes the lease void. Relocation fee will be higher than $30M. Precedent has been set at $70 Mil (Jets) and will only go up. $100 Mil is not a stretch for a FLA to QC move. Another option right here. Plunge the hockey entity into bankrupcty voiding the lease....but maybe keeping the arena operations contract valid. Alot of people think viola is just owning the panthers to have a tax free sale of some of his holdings and wont stick around From the moment of the sale this never made business sense. There has to be a hidden agenda. Even though Gosbee and company had more then enough money to buy the Coyotes it was done with that crazy loan scenario. Just what the NHL needs another soap opera. Hopefully this one ends with a happy ending for Quebec. (True North paid 60 million for the relocation fee 110 purchase + 60 relocation =170)
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Post by wolfmannick on Apr 11, 2014 13:30:43 GMT -6
^ Teams are going to Quebec City, Seattle and Toronto/ Markham. Vegas isn't a real option and the NHL knows they'll have another Glendale or Sunrise of they go there. Maybe a minor League team will goto Vegas in the near future but not a major League.
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Post by mikecubs on Apr 11, 2014 19:44:38 GMT -6
Markham is dead. Absolutely 100% dead. I doubt Toronto area gets a 2nd team due to the leafs helping fund the sun belts. Quebec and Seattle will get teams but they will be expansion. No one is moving. The arena in Florida will be saved in the end.
Vegas would be a lot worse than Florida/Phoenix. At least Florida/Phoenix have "demographic upside"/big TV markets and most importantly they have politicians who 1. Funded the arenas 2. Are dumb enough to cover the operating loses
Vegas politicians won't even put a dime in the construction let alone cover loses. The team would have to make it on it's own. Yikes!!!!
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Post by mikecubs on Apr 11, 2014 20:46:08 GMT -6
From a poster on HF boards Just came across this on Mayor Sharief's page on the BCC's website (I'll post a couple of snip-its) Quote: Broward County owns the BB&T Center therefore the remaining $250 million debt is ours, not private investors. Quote: We requested expert guidance, so the commission agreed to have an outside consultant and auditor review the proposal to see what's in our best interest to protect our asset. That will take 60 to 90 days and no decision has been made in terms of the proposal. Quote: Bottom line is whether we have the Panthers and arena operators there or not we will still have to pay for the building. In addition, the expectation is that without a sports team it would devalue the building to $60 million and the BB&T Center could be empty for 6 months out of the year. broward.org/Commission/Distr...TProposal.aspx
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