Actually, the decision to move out of Hartford aside... the decision to move to Raleigh was kinda dumb. Raleigh is not the major city in the Carolinas. Charlotte would've been far smarter. Raleigh is an area about 1/3 the population of Charlotte. Coporate oppurtunity is slightly higher in Charlotte, with Raleigh boasting big names like Cisco, RBC Centura, First Citizen's Bank, and Nortel Networks . Charlotte boasts Wachovia (formerly First Union), Bank of America, Duke Energy, Time Warner, Meineke and Lowe's.... not to mention NASCAR corporate, who assuredly would be major supporters of the NHL in Charlotte, just as they are of the NBA and NFL. Charlotte is the 2nd largest financial center in the country after NYC.
Charlotte's desire to be added to the list of big American cities is apparent with the amount of high rise development in the last 20 years, and the fact that they lured the NFL and re-lured the NBA into town. The willingness of the city to build a new arena was apparent with the building of Charlotte Bobcats arena, completed in 2005.
Stupid move going to Raleigh, comparatively? Definitely.
Stupid ??? I don't think so.
A few corrections.
Charlotte CSA metro population 2M
Raleigh/Triangle metro population 1.5M
Not "1/3 of" and that is CSA. You go to MSA and the difference is only 300K people
Raleigh has higher average income than Charlotte (always $4k higher on census), higher growth rates (see money mag), best place to do business (Fortune Mag)
Corporate support in the Triangle also included SAS, IBM (largest IBM site in the world), NETAPPs, RedHat (HQ) , Progress Energy (Fortune 250 company), John Deere (WW HQ for lawn mowers/gators/outdoor power equip) GSK HQ (2nd largest phrama company in the world), numerous SW companies, etc, etc, etc. It is the 3rd largest Biotech center in NA and many mags say it will be first in a couple of years. When all these drugs start to take off and get approved that are being developed in Raleigh/Triangle and moving to RTP in the next 5-10 years, the Triangle is going to skyrocket with all that Pharma/medical money on top of all the tech money/salaries that are there. And it will just keep coming.
Not to mention the general feel of the two cities. Sorry, but Charlotte is "way more southern" than Raleigh/Triangle (not a bad thing) even though it can have a more metropolatain feel than Raleigh since Raleigh/Triangle is more spread out. Raleigh has a different vibe to it than Charlotte. Not sure if it is the NASCAR thing of Charlotte. And to be upfront, I like southern.
Not to mention Raleigh had the arena when needed and Charlotte's was not a viable choice at the time with NFL no viable arena and a stuggling NBA team.
For Bobcats arena, it still does not have a sponsor name and the city is not really supporting their new team in their new arena that took years to get.
I would say Charlotte is a great NFL town and supports the Panthers great with the help of the 2 states. It is working its way toward a world class cities with great help from the banks. (but watch the buyout of Barclays as they have a large NY presence) They need to take care of the Bobcats and get that straight.
I like Charlotte and go there often . Charlotte has a great DT (Raleigh/Triangle has 3 cities plus RTP so DT areas are spread out but DT Raleigh is growing like crazy even though they don't have a 60 story I.M. Pei designed tower) but I just don't buy it is a better place for hockey. It has great business but Raleigh is not that far behind.
I would also say that The Charlotte media barely covers Hurricane hockey now and no radio station will cover the game unlike Raleigh/Triangle have 2 stations that cover the Bobcats.
Plus, Charlotte built their new arena so that it only sits 14K people for hockey. It is truly a basketball arena.
I think Charlotte needs to work for the next 20 years to bring MLB into town and take care of the Bobcats.
JMHO