Well, they aren't complete idiots. They bought an undervalued franchise and have converted that into free ownership of half a franchise. That's pretty good return. Regardless they still aren't capable of breaking even without massive subsidies. They actually managed to get that subsidy and then frittered it away in a complete lapse of judgement. When you lie so often and so easily, it makes it difficult for me to believe any good news they hint at. Just show me.
Only loosing 4.5m for 2014 and 2015 (Forbes) is pretty good for a team that sucks. And other teams, such as Winnipeg receive a subsidy too. They get about 12.5m I believe.
The big reason they got kicked out was because Glendale was desperate to get rid of the team. While the lawyer thing was a lapse of judgment I think Glendale would've found a way to get rid of them regardless. A lot of the councilors didn't like the original deal and for some reason they think they'd be better off with no team/thought the team would like to renegotiate after being tossed out. They handled the situation very poorly, I'm still amazed that a city of 200k+ can have such stupid politicians. They remind me of councilors from towns of a couple thousand.
While the two weeks thing has been ridiculous, and I had my doubts if anything would actually happen I really do think they will have a new arena sorted out after signing Goligoski. They showed him enough to sign a long term deal here.
I see you carefully avoided addressing the impact the bankruptcy and potential relocation had on attendance. Even making the Western Conference Finals three years later didn't bring the numbers back to the first two they spent in Glendale. So what will you lay that off on?
It doesn't matter how stable you think the ownership is. The facts say otherwise. IA needed Glendale's help to even get in the door to begin with. Then commit a huge blunder that cost them their annual allowance. A truly stable ownership would not need to be searching for exotic ways to pry money from the taxpaying public to help cover their operating bills.
I got Sniper''s original point. It had nothing to do with "support" of this team. He and I are just as excited about the potential for this team as the next guy. But at the same time we aren't going to delude ourselves into believing it's going to all roses and candy canes until IA can actually show that they have a permanent home for this franchise to play in.
A key to attendance is going to be securing a new building, showing off the architectural drawings of it, and proving that the team truly is here to stay. I do think just having owners has been enough stability for some people, attendance didn't change much from the 2012 year to last two even though the on ice product was completely different.
I think with a new arena in the east attendance will bottom out at an avg of 14.5k, and with, fingers crossed, a contending team it will be just under the total of having sellouts. Even with the current situation here I think the Coyotes could mirror what the Panthers did this season if they play like they did, which is unlikely. Finish with an avg of 15k as people realize the team is good.