Penguins Arena Talk (merged)

Discussion in 'The Business of Hockey' started by jb**, Dec 9, 2005.

  1. jb**

    jb** Guest

    Pens arena news:

    City's slots task force won't tie revenue to arena
    Some argue money should support community projects
    Friday, December 09, 2005

    By Mark Belko, Pittsburgh Post-Gazette



    The Pittsburgh Gaming Task Force, which is expected to carry some weight with Harrisburg regulators, isn't ready to jump on the bandwagon to use slots revenue to finance a replacement for the aging Mellon Arena.......
     
    Last edited by moderator Buffaloed: Dec 10, 2005
  2. Mr BLUEandWHITE

    Mr BLUEandWHITE Registered User

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    i dont feel like reading all that so....is pittsburgh staying or going?
     
  3. st5801

    st5801 Registered User

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    Neither. All they are saying is that IF the Pens dont get the license, the person who does get the license doesn't have to give money for an arena if they dont want to.

    Several of the applicants have pledged money for an arena. Obviously, if the Pens get the license it wont be an issue.
     
  4. Artyukhin*

    Artyukhin* Guest

    how long till the penguins are gone?

    first off let me say this isnt a slight against the good fans of the Pitsburg Penguins!!!!
    im not starting the move the pens to Kanas city or Winnipeg thread here .

    i hope this all works out for the best and the pens stay in pitsburg for another 100 years ..... i guess this comes down to politics


    intresting comment from bob mckenzie
    12/9/2005

    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxx
    Sources say it's looking more and more like the Penguins won't get an all-important gaming license that would be the financial spark that could lead to the construction of a new building in Pittsburgh.
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxx

    Without a new arena, it's generally conceded the Penguins are a losing proposition in Pittsburgh. If that gaming license doesn't come through and the prospects for a new building to replace Mellon Arena aren't great, it's believed Lemieux will start investigating the possibilities of relocating the franchise or selling the franchise to a new ownership group that would move it elsewhere.




    http://www.tsn.ca/columnists/bob_mckenzie.asp
     
  5. Riggs

    Riggs Kaptain

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    The way it's going right now, season after next.
     
  6. StevenintheATL

    StevenintheATL Registered User

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    Building a new arena for the Pens supports the community. The arena means jobs, and if the Pens don't get a new arena, there will be less jobs as if the Pens move, they won't need as many workers @ Mellon Arena, and then there's the trickle down effect of the loss of the team as well. The slot parlors will be able to take some of that hit, but not all of it.
     
  7. Jacob

    Jacob Registered User

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    The Penguins are putting together a proposition that will basically revitalize the area around the current arena with shopping and restaurants and stuff as well as the slots parlor. Basically giving the gaming board an offer they can't refuse.

    And if it is refused, we know that the fix was in.
     
  8. Artyukhin*

    Artyukhin* Guest

    mario says ''We probably ran out of time already"

    http://www.tsn.ca/nhl/news_story/?ID=146628&hubname=

    very intresting quotes from mario espically this one sabre rattling? i dunno pretty strong words tho ..

    ----------------------------------------------------------------------------
    ''I think we're really running out of time,'' Lemieux said. ''We probably ran out of time already. It's been unfortunate that the city and the county haven't been willing to work with us over the last two or three years.''
    -----------------------------------------------------------------------------






    PITTSBURGH (AP) - Penguins owner-captain Mario Lemieux said he is doubtful that the team will remain in Pittsburgh after its Mellon Arena lease expires in 2007, citing a lack of progress on a new arena.
     
    Last edited by moderator : Dec 11, 2005
  9. Irish Blues

    Irish Blues Still on hiatus

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    Considering everyone agreed in 1999 that it was important to keep the Penguins in Pittsburgh because of the team's economic impact and a study released in 2001 showed that the Penguins needed a new arena b/c the current one couldn't be renovated for less money and might still be insufficient, I think the area has pretty much backed Lemieux and the Penguins into this position.

    They're in a spot where they can't afford to put a decent product on the ice. The *only* way they might break even would be to slash payroll to $21.5 million - but then they'd still have to draw full houses and make the playoffs. They estimated they'd lose $7 million with a $31 million payroll this year - and that was assuming they drew full crowds and went to the 2nd round of the playoffs and had at least 6 home games in the playoffs. They've done everything they can to at least break even - they need a better lease, a better facility, *something* to at least have a shot of earning a profit on a year-to-year basis.
     
  10. Cue the "Nordiques or Jets" posts.
     
  11. John Flyers Fan

    John Flyers Fan Registered User

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    Hmmmm ... private financing anyone ???
     
  12. nomorekids

    nomorekids The original, baby

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    The Houston Nordiques and the Portland Jets?
     
  13. Guy Legend

    Guy Legend Registered User

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    Where's Mark Cuban when you need him....
     
  14. Dario Cueto

    Dario Cueto KIND OF A BIG DEAL

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    I could see the Penguins moving to another city and then down the road a new arena & a new team in Pittsburgh again.

    Examples:
    Minnesota North Stars to Dallas Stars / expansion Minnesota Wild
    Atlanta Flames to Calgary Flames / expansion Atlanta Thrashers

    Pittsburgh has good fanbase, it's just a bad situation now.

    My two cents, anyways.
     
  15. _habsfan9

    _habsfan9 Registered User

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    move the team to winnipeg

    new arena and some harcore fans

    jets buy back rights to team name off of the coyotes and everything is good to go just like the cleveland browns.

    move detroit to the east move the jets to the west and everything is set. however break up the north east division

    make it so its

    detroit,montreal,toronto,ottawa,buffalo

    and get rid of the new nhl schedule well there at it.
     
  16. Artyukhin*

    Artyukhin* Guest

    i hope they stay in pittsburg.

    but if there on the move garry betmen is probally the man who keeps them outta canada.
     
  17. Jack Canuck

    Jack Canuck Registered User

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    Seriously though, I think if the team moves it will stay in the U.S.
     
  18. PACaptain

    PACaptain Registered User

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    This is not good news but not the end of the world either. There is no way that the city of Pittsburgh can look good if the Pens leave. Mario has been dropping hints for years that the team would move without a new arena. The city seems to be calling his bluff and unfortunately, he's definitely got the nuts (for my fellow poker players out there). The Pens just became a whole lot more marketable with Sidney Crosby and their young talent performing well. I will never forgive the city of my birth if the Penguins move out of town because we have watched this situation continue to get worse for years without any government support.
     
  19. Resolute

    Resolute Registered User

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    An American sports owner spending his own money on a building?

    Surely you jest!

    :sarcasm:
     
  20. jb**

    jb** Guest

    My thoughts exactly. Mario and his group are so dependent on the slots for an arena.seems like no matter what he doesn't want to go down this road and secure private funding. I will give him the benefit of the doubt and assume they have done due dilligence regarding going this direction and gettign funding for an arena but it seems like his group really has no plan and they lack direction. They seem to be much to passive and quiet.
     
  21. Osprey

    Osprey Registered User

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    Perhaps in past seasons, but their inability to ice a decent product this year has nothing to do with financial problems and everything to do with poor allocation and management.
     
  22. Troy McClure

    Troy McClure BPA is a lie

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    Simple economics will do the job for Bettman.
     
  23. John Flyers Fan

    John Flyers Fan Registered User

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    The buildng in Philadelphia was privately financed, with the only real concessions being that the city privided the land and paid for the demolition and cleanup of J.F.K. stadium, which used to sit on the site.
     
  24. Artyukhin*

    Artyukhin* Guest


    canadain dollar now 87 cents vs the us dollar and climbing .
    the econimics are looking alot better than they were at 64 cents i must admit . i just dont think betmen wants to go back to the same markets that were left not so many years ago in canada . he probally see's others usa markets that are more attractive ( in his mind)
     
  25. Gumby

    Gumby Registered User

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    They did it in D.C. (twice...redskins & wiz/caps) and is workin out quite well for em. Personally one name pops immediatly to mind when thinkin of a Pit sale...Paul Allen. It'd really be a shame for such a good fan base and a big rival of my Caps to get moved (especially with the future they look to have), but if it happens my $'s on them winding up in Portland....and I'm pretty sure he's got the $ to handle an arena.

    I really hope this is all just some pressure bein put on by Lemuix.
     

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