The PH Factor
Registered User
Thought it might be interesting to some folks on here to have a thread to discuss the business side of the Preds/Powers Management.
Came across this interesting article in Forbes the other day.
http://www.forbes.com/sites/darrenh...lle-predators-with-goal-to-become-no-1-venue/
Gives some very interesting insights into the Powers-Predators business model and aspirations.
Another related point, Forbes just came out with their team valuations and show the Preds with an operating loss of $800,000 for 2012-13. Their method for reaching this number isn't very clear and tbh I find it hard to believe that the 7th most active Arena in the USA doesn't at least offset any hockey losses via concert revenues (Forbes claims to use arena management contracts alongside hockey operations statements).
Last food for thought, Henry mentioned a couple months back that the Preds were considering bidding to be operator of the proposed outdoor arena at the old Thermal Transfer site downtown. Would be a very intriguing addition to their business and something to keep an eye peeled about.
Came across this interesting article in Forbes the other day.
http://www.forbes.com/sites/darrenh...lle-predators-with-goal-to-become-no-1-venue/
Gives some very interesting insights into the Powers-Predators business model and aspirations.
Another related point, Forbes just came out with their team valuations and show the Preds with an operating loss of $800,000 for 2012-13. Their method for reaching this number isn't very clear and tbh I find it hard to believe that the 7th most active Arena in the USA doesn't at least offset any hockey losses via concert revenues (Forbes claims to use arena management contracts alongside hockey operations statements).
Last food for thought, Henry mentioned a couple months back that the Preds were considering bidding to be operator of the proposed outdoor arena at the old Thermal Transfer site downtown. Would be a very intriguing addition to their business and something to keep an eye peeled about.