Llama19
Registered User
The first year under the IceArizona ownership group is now complete.
There is just a few clean-up revenue items left to report which are the last four (April) game's parking revenue and the supplemental ticket surcharges which have not been calculated and will barely bump up the current totals.
Overall, the City of Glendale has spent $14,002,055 and
received, in revenue*, from IceArizona $5,580,073, (i)
bringing Glendale's deficit to $8,421,982.
(i)
As of May 15, an additional $95,126 was posted to Sales Tax Collections
As of May 24, Quarterly Management Fee corrected (prorated), April Monthly Arena Report released (all 43 games), Security Costs-Fire changed
As of June 18, Security Costs for Police and Fire and Sales Tax Collections changed
As of July 17, Supplemental Surcharge, parking revenue changed
As of July 29, Supplemental Surcharge, parking revenue, sales tax changed
Next season, will be the official 'rebirth' of the Phoenix Coyotes,
per the arena management agreement, to become the Arizona Coyotes.
Figures and areas of discussion are:
Attendance and Ticket Sales:
Total Attendance: 564,798 (578,825 includes pre-season)
Average Attendance: 13,775 (excludes pre-season)
Average capacity: 80.4% (excludes pre-season)
Sellouts: 7 of 43 games (includes pre-season)
Game Promotions: 38 out of 43 games (includes pre-season)
NHL ranking: 30 of 30 (excludes pre-season)
Concerts & Other Eventshttp://www.jobingarena.com/events.aspx:
Number of Events (this budget year): 8 (a)
11/10/13 - Winter Jam 2013 Tour
11/19 - Pearl Jam
12/01 - Trans-Siberian Orchestra (two shows)
01/03/14 - Joel Osteen
01/24 - Nitro Circus Live!
02/08 - Harlem Globetrotters (two shows)
02/15 - Demi Lovato
03/08 - CanadaFest (charity event)
Number of future events (next budget year): 5
08/09 - Justin Timberlake
08/30 - Marc Anthony
08/31 - Ed Sheeran
09/25 - Katie Perry
10/01 - Eagles
(a) Revenue reported, total non-hockey parking ($183,479) and ticket surcharges ($308,254)
Parking Revenue:
Initial estimate (5,500 controlled parking spaces): $2.5 million
Reported* parking revenue: $669,192 (b)
Phoenix Coyotes unveil parking charges to boost revenue
(b) Possibly due to lack of attendance, parking enforcement ahead of game times, free parking at other areas of Westgate/Tanger Outlet Mall, undercutting pricing by UoP Stadium authority, [insert your excuse here]
Advertising:
Coyotes partner with Fanatics Retail Group to run team store at Jobing.com Arena (coming next year)
Phoenix Coyotes shop naming rights deal; ink 12-year TV contract with FSAZ
Promotions:
Phoenix Coyotes to offer Tim Horton's coffee at games
Phoenix Coyotes pick Levy Restaurants for arena concessions, replacing Aramark
Phoenix Coyotes lay out tailgating plans for fans
Q&A with Coyotes co-owners George Gosbee and Anthony LeBlanc
Phoenix Coyotes CEO Anthony LeBlanc eyes better attendance, community involvement
Town Hall Meeting: Key Quotes
Marketing:
Glendale, GPEC hope Coyotes can lure more Canadian tourists, businesses
Glendale, GPEC using hockey as economic development tool in Canada trip
Phoenix Coyotes tickets cheapest in the NHL on secondary market
New ads for Phoenix Coyotes (Hungrier than Ever campaign, next year's is Together, We're Full Strength)
Phoenix Coyotes pick Cramer-Krasselt as new ad agency
New Phoenix Coyotes owners stress belief that hockey can work as a business in Glendale
Big issue for Phoenix Coyotes post-sale to IceArizona will be boosting fan base
Global Spectrum partners with Renaissance to try and close Coyotes deal
Broke overall regular season ticket revenue record, which has stood since 1997
Team Performance (see Coyotes thread):
Too many offsetting streaks (wins vs losses)
Didn't 'pull the trigger' to spend enough to make the playoffs
Other player(s) causing locker room/on ice issues
Aging team
No signings of other RFAs and UFAs
CAP space spending - http://capgeek.com/coyotes
Looking Ahead:
Winter Classic game unlikely
Revenue projections for next year
New advertising, suite leases
Tickets - Concert/Hockey bundling, pricing packages, other freebie's
The Financial State of Glendale (grim) and all things related:
Glendale fiscal forecast grim
Jobing.com Arena’s promise unrealized in Glendale
Standard & Poor’s dings Glendale’s bond rating
Glendale and Goodyear pay spring-training ballpark debt (Quoted in article, could be first city in Arizona to file for bankruptcy due to sports-related bond debt)
Glendale's lax contract oversight lets millions slip past council
Our View: City tossed money around like Mardi Gras baubles
Ex-Glendale city attorney Tindall disputes ethics complaint
Tindall sought $1 million escrow release (to Coyotes) in September
Attorney General probe of Glendale deals begins in earnest
Joyce Clark's Blog (related Coyote/Glendale spending topics)
* Revenue and other sources:
Follow Your MONEY - http://www.glendaleaz.com/FollowYourMoney/index.cfm
Monthly Arena Reports - http://www.glendaleaz.com/finance/
Coyotes Related Information - http://www.glendaleaz.com/CoyoteArchive/index.cfm
There is just a few clean-up revenue items left to report which are the last four (April) game's parking revenue and the supplemental ticket surcharges which have not been calculated and will barely bump up the current totals.
Overall, the City of Glendale has spent $14,002,055 and
received, in revenue*, from IceArizona $5,580,073, (i)
bringing Glendale's deficit to $8,421,982.
(i)
As of May 15, an additional $95,126 was posted to Sales Tax Collections
As of May 24, Quarterly Management Fee corrected (prorated), April Monthly Arena Report released (all 43 games), Security Costs-Fire changed
As of June 18, Security Costs for Police and Fire and Sales Tax Collections changed
As of July 17, Supplemental Surcharge, parking revenue changed
As of July 29, Supplemental Surcharge, parking revenue, sales tax changed
Next season, will be the official 'rebirth' of the Phoenix Coyotes,
per the arena management agreement, to become the Arizona Coyotes.
Figures and areas of discussion are:
Attendance and Ticket Sales:
Total Attendance: 564,798 (578,825 includes pre-season)
Average Attendance: 13,775 (excludes pre-season)
Average capacity: 80.4% (excludes pre-season)
Sellouts: 7 of 43 games (includes pre-season)
Game Promotions: 38 out of 43 games (includes pre-season)
NHL ranking: 30 of 30 (excludes pre-season)
Concerts & Other Eventshttp://www.jobingarena.com/events.aspx:
Number of Events (this budget year): 8 (a)
11/10/13 - Winter Jam 2013 Tour
11/19 - Pearl Jam
12/01 - Trans-Siberian Orchestra (two shows)
01/03/14 - Joel Osteen
01/24 - Nitro Circus Live!
02/08 - Harlem Globetrotters (two shows)
02/15 - Demi Lovato
03/08 - CanadaFest (charity event)
Number of future events (next budget year): 5
08/09 - Justin Timberlake
08/30 - Marc Anthony
08/31 - Ed Sheeran
09/25 - Katie Perry
10/01 - Eagles
(a) Revenue reported, total non-hockey parking ($183,479) and ticket surcharges ($308,254)
Parking Revenue:
Initial estimate (5,500 controlled parking spaces): $2.5 million
Reported* parking revenue: $669,192 (b)
Phoenix Coyotes unveil parking charges to boost revenue
(b) Possibly due to lack of attendance, parking enforcement ahead of game times, free parking at other areas of Westgate/Tanger Outlet Mall, undercutting pricing by UoP Stadium authority, [insert your excuse here]
Advertising:
Coyotes partner with Fanatics Retail Group to run team store at Jobing.com Arena (coming next year)
Phoenix Coyotes shop naming rights deal; ink 12-year TV contract with FSAZ
Promotions:
Phoenix Coyotes to offer Tim Horton's coffee at games
Phoenix Coyotes pick Levy Restaurants for arena concessions, replacing Aramark
Phoenix Coyotes lay out tailgating plans for fans
Q&A with Coyotes co-owners George Gosbee and Anthony LeBlanc
Phoenix Coyotes CEO Anthony LeBlanc eyes better attendance, community involvement
Town Hall Meeting: Key Quotes
Marketing:
Glendale, GPEC hope Coyotes can lure more Canadian tourists, businesses
Glendale, GPEC using hockey as economic development tool in Canada trip
Phoenix Coyotes tickets cheapest in the NHL on secondary market
New ads for Phoenix Coyotes (Hungrier than Ever campaign, next year's is Together, We're Full Strength)
Phoenix Coyotes pick Cramer-Krasselt as new ad agency
New Phoenix Coyotes owners stress belief that hockey can work as a business in Glendale
Big issue for Phoenix Coyotes post-sale to IceArizona will be boosting fan base
Global Spectrum partners with Renaissance to try and close Coyotes deal
Broke overall regular season ticket revenue record, which has stood since 1997
Team Performance (see Coyotes thread):
Too many offsetting streaks (wins vs losses)
Didn't 'pull the trigger' to spend enough to make the playoffs
Other player(s) causing locker room/on ice issues
Aging team
No signings of other RFAs and UFAs
CAP space spending - http://capgeek.com/coyotes
Looking Ahead:
Winter Classic game unlikely
Revenue projections for next year
New advertising, suite leases
Tickets - Concert/Hockey bundling, pricing packages, other freebie's
The Financial State of Glendale (grim) and all things related:
Glendale fiscal forecast grim
Jobing.com Arena’s promise unrealized in Glendale
Standard & Poor’s dings Glendale’s bond rating
Glendale and Goodyear pay spring-training ballpark debt (Quoted in article, could be first city in Arizona to file for bankruptcy due to sports-related bond debt)
Glendale's lax contract oversight lets millions slip past council
Our View: City tossed money around like Mardi Gras baubles
Ex-Glendale city attorney Tindall disputes ethics complaint
Tindall sought $1 million escrow release (to Coyotes) in September
Attorney General probe of Glendale deals begins in earnest
Joyce Clark's Blog (related Coyote/Glendale spending topics)
* Revenue and other sources:
Follow Your MONEY - http://www.glendaleaz.com/FollowYourMoney/index.cfm
Monthly Arena Reports - http://www.glendaleaz.com/finance/
Coyotes Related Information - http://www.glendaleaz.com/CoyoteArchive/index.cfm
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