Helene Elliott: The high-flying Ducks just aren't on our radar

Discussion in 'The Business of Hockey' started by Jazz, Dec 20, 2006.

  1. Jazz

    Jazz Registered User

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    Article by the Hall of Fame writer on Anaheim's (so far) failure to capture the attention of Southern Californina despite their record and play.

    http://www.latimes.com/sports/hocke...full.story?coll=la-headlines-sports-nhl-ducks

     
  2. vbet*

    vbet* Guest

    "The Ducks acknowledged losing $15 million last season. Ryan said they anticipate losses of $12 million this season, but that the five-year plan put in place by the Samuelis when they bought the team from the Walt Disney Co. is unfolding ahead of schedule."

    Wow, they are happy with those numbers? Were they in charge of the federal budget before buying the Ducks?
     
  3. Static

    Static Registered User

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    I think the Ducks will actually make a profit this year...
     
  4. NOTENOUGHBREWER

    NOTENOUGHBREWER Registered User

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    Maybe the Ducks were losing 25 millions per year under Disney.
     
  5. Pepper

    Pepper Registered User

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    Burke said ~1 month ago that Ducks might actually make profit this year
     
  6. thenextone

    thenextone Registered User

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    Well with costs eating up 54% of their revenues it makes you wonder how difficult that is these days
     
  7. weezman

    weezman Guest

    Fixed.
     
  8. Changeiscoming

    Changeiscoming Rebooting myself Sponsor

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    Hockey just does not work were it does not snow
     
  9. Maken*

    Maken* Guest

    Gotta love markets in absurd locations!
     
  10. puckhead103*

    puckhead103* Guest

    the biggest reason why anaheim got a team is they were able to pay the $50 million expansion fee in 1993.......

    gotta love the nhl's greed.....
     
  11. Maken*

    Maken* Guest

    Absolutely true.
     
  12. SerialSeb

    SerialSeb Registered User

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    Ya gotta to agree with that one.

    But looks like they changed, since they won't take Basillie's money...:sarcasm:
     
  13. AdmiralPred

    AdmiralPred Registered User

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    You're just breaking out all of the typical posts today.
     
  14. krudmonk

    krudmonk Registered User

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    The Kings still get more attention, so don't go off about hockey in "absurd" locations. Focus your argument on the NHL trying to jam another team into a place where existing hockey fans had already developed loyalty to the team which got there first. The Isles and Devils will always play distant second- and third-fiddle for the same reason.
     
  15. Sotnos

    Sotnos Registered User

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    Bet you had no problem with your team taking the expansion money though. Expansion money propped up the failing economic system for most of the 90s.

    Actually, I remember from Gil Stein's book that the League honchos were VERY enamored of being associated with Disney, though having the money didn't hurt.

    krudmonk's reasoning makes the most sense to me as to why there might be problems in Anaheim. As long as the owners are willing to stick it out, don't see why it's a problem for the rest of you.
     
  16. GKJ

    GKJ Global Moderator

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    I'm not saying this is a reflection on the Ducks, but the NHL did the same thing when they went for the money when they went for the ABC/ESPN (both owned by Disney) exclusive deal and the league went down the tubes almost at that moment.
     
  17. Maken*

    Maken* Guest

    The 90's expansion was one of the stupidest things to ever happen to the NHL. Complete cash grab by the owners and totally diluted the on-ice product. NHL teams in ridiculous markets, American dollars taking over my favourite sport, yeah I loved that.

    I probably would've preferred if the "failing economic system" had failed. There will always be great hockey being played in Canada.
     
  18. Sotnos

    Sotnos Registered User

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    Of course it was a cash grab, because they really needed the cash. The talent level is diluted theory has been disproved here time and again, so no need to even try that one. I won't even ask your definition of "ridiculous markets".

    You'd prefer no NHL? OK

    Anyway, as for the topic, very nice % increase for the Ducks this year, and Burke's comments have a lot of merit.
     
  19. EbencoyE

    EbencoyE Registered User

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    Wow. A sports team is losing money. Stop the presses.

    This is probably the best off the Ducks have ever been financially.

    You don't buy sports teams with the purpose of making money. You buy sports teams for the love of the game. (Most) owners don't care if they're in the red.

    I guess Buffalo was a stupid expansion too since they'll be lucky to break even this year with a long playoff run. And Ottawa, and Edmonton, and Calgary should never have gotten into the NHL either since they've had financial problems before. Canadian elitists are annoying.
     
  20. JTH

    JTH Registered User

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    Do you really believe in what you typed, or did you neglect to think that through before hitting "submit reply"? Owners (of all businesses) are interested in a return on their investment, whether in short/long-term operating profit or through gains in capital value of their franchise.

     
  21. GKJ

    GKJ Global Moderator

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    Totally wrong.
     
  22. Blades of Glory

    Blades of Glory Troll Captain

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    Huh? You really believe that most professional sports owners are in it for the "love of the game?" These are entrepreneurs, they want to make money.

    I trust you haven't looked at the state of hockey in San Jose and Dallas then.
     
  23. Cyclops II*

    Cyclops II* Guest

    You could add Vancouver to that list (until this years snow storms).
     
  24. Jazz

    Jazz Registered User

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    The how do you explain the Czech Republic and Slovakia as elite hockey powers?
     
  25. Jazz

    Jazz Registered User

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    Actually, in this case - no.

    Disney only paid $50 Million expansion fee. Back then, they normally would have had to pay an additional $25 Million to LA for territorial infringement on the LA Kings property (ie, $75 Million total).

    The NHL was wanting to get in on Disney's marketing machine, so this was actually a good move to bring them in to the fold. This is the "biggest" reason Anaheim got a team. They they (the NHL) later got stubborn and did not then want to listen to Disney's marketing ideas was one one of the reasons why Disney eventually pulled out (because we all know how good the NHL's marketing has been up until this year.... :shakehead ).

    Anyways - for Anaheim, the NHL cut it's expansion fee in half for Disney, so instead of $50 Million for the NHL and $25 Million for the Kings, it was only $25 Million each.

    The NHL could easily have picked another market and taken all $50 Million for the entire league. :teach:
     

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