Paul Allen, Trail Blazers and Seahawks owner, dies at 65

[Dirty Old Man]

It shouldn't be empty. But it brings the question of why said people want a team when there are other places who have a more attentive audience.

You mean like that team on your avatar, circa 10-20 years ago? (product was horrible. check. owner's didn't give a rat's ass. check. fans stopped buying tickets. check.)

 

[Melrose Munch]

You mean like that team on your avatar, circa 10-20 years ago? (product was horrible. check. owner's didn't give a rat's ass. check. fans stopped buying tickets. check.)

Yea but we still had the corporate support. That's not happening San Diego.

 

[Bucky_Hoyt]

1) Allen owned both the NBA and the arena. So both will be sold as 1 package.

Regarding the NHL it comes down is $$$. Will the new owner have the $$$ and the will to pay that high of a price for a team that's only 22 in the tv market.

I don't know how portland is expected to get a team with its high price and team #32 is basically taken by Seattle. I don't see any reason NHL should go beyond 32 teams.

Well it's interesting that other people are discussing MLB potential expansion into Portland.

Just thinking about the cost of an expansion fee and a building, an owner would probably be looking at an easy 3billion.

500mill for a relocation fee with a building relatively ready to go seems like the better bet for the cost-conscious sports owner in the 22nd largest TV market.

 

[TheLegend]

It shouldn't be empty. But it brings the question of why said people want a team when there are other places who have a more attentive audience.

The visions of “Dollar Bill” Wirtz comes to mind here.

But nevermind.... you are aware the Chargers are still struggling at the gate in LA, right?? That there’s rumblings within the league hierarchy that are now regretting they ever allowed the Chargers to move there over the Raiders.

The Raiders are actually planning on marketing to their fans in LA, who will have no issue making the drive up the I-15 to Las Vegas when they arrive rather than switch support to a franchise they’ve been opposed to for decades.

The Chargers had relatively little fan support outside of San Diego County, so what’s that really say about “more attentive audience”??

 

[Melrose Munch]

The visions of “Dollar Bill” Wirtz comes to mind here.

But nevermind.... you are aware the Chargers are still struggling at the gate in LA, right?? That there’s rumblings within the league hierarchy that are now regretting they ever allowed the Chargers to move there over the Raiders.

The Raiders are actually planning on marketing to their fans in LA, who will have no issue making the drive up the I-15 to Las Vegas when they arrive rather than switch support to a franchise they’ve been opposed to for decades.

The Chargers had relatively little fan support outside of San Diego County, so what’s that really say about “more attentive audience”??

Yes I know. But they are going to make more money, even with the lower revenue projection. Fact is San Diego didn’t give Spanish the downtown stadium he wanted.

 

[StreetHawk]

Well it's interesting that other people are discussing MLB potential expansion into Portland.

Just thinking about the cost of an expansion fee and a building, an owner would probably be looking at an easy 3billion.

500mill for a relocation fee with a building relatively ready to go seems like the better bet for the cost-conscious sports owner in the 22nd largest TV market.

Last mlb team sold was Miami Marlins for $1.3 billion and they have a new stadium.

If that is roughly the cost for a team in Portland, then we’re looking at close to $2 billion for the team and stadium.

Milwaukee also opened the Firsev Forum in June. It seats 17.5k for basketball. No official numbers for hockey capacity but it is noted that they can hold the frozen four which their old arena used to do. Hockey general is about 1k fewer seats.

 

[gstommylee]

Last mlb team sold was Miami Marlins for $1.3 billion and they have a new stadium.

If that is roughly the cost for a team in Portland, then we’re looking at close to $2 billion for the team and stadium.

Milwaukee also opened the Firsev Forum in June. It seats 17.5k for basketball. No official numbers for hockey capacity but it is noted that they can hold the frozen four which their old arena used to do. Hockey general is about 1k fewer seats.

I don't see a team going for that much in Portland for expansion.

 

[StreetHawk]

I don't see a team going for that much in Portland for expansion.

No idea what mlb will be seeking in expansion fees. Not sure how much of Marlins stadium was paid by the team. Just know they got a sweetheart of a deal.

So, maybe fee is closer to $1 billion and they have to figure out $500 million plus for the stadium.

Possible expansion cities include Nashville, Charlotte, Montreal, Las Vegas. Long shots are Mexico City and Vancouver (which I don’t see due to the cost of land for a stadium).

Not sure if baseball can squeeze that much out especially considering one of these cities could be a relocation destination if TB and Oakland can’t figure out their stadium situation. As well as overall market size.

 

[LeafShark]

$1 billion is too much for a single person to optimally control. I mean look at the stupid things Elon Musk is now doing with his wealth. Even the smartest people just can't control that much wealth.

 

[TheLegend]

Yes I know. But they are going to make more money, even with the lower revenue projection. Fact is San Diego didn’t give Spanish the downtown stadium he wanted.

He’s still got no stadium. He pays only $1 rent but where are his revenues??

In 2014 (per Forbes) the Chargers had $340M in revenues... now they’re projecting only $150M their first year in Inglewood.

They have to share the market with the Rams.

So where’s the money going to come from?

 

[MNNumbers]

He’s still got no stadium. He pays only $1 rent but where are his revenues??

In 2014 (per Forbes) the Chargers had $340M in revenues... now they’re projecting only $150M their first year in Inglewood.

They have to share the market with the Rams.

So where’s the money going to come from?

The 150M is for seat licenses only, I think. The remainder of their revenue will come from NFL shared revenue (TV and associated league wide revenue) and the 40% visitors' share of gate.

It's often been said that NFL teams are profitable already BEFORE they even sell one ticket.

 

[Melrose Munch]

The 150M is for seat licenses only, I think. The remainder of their revenue will come from NFL shared revenue (TV and associated league wide revenue) and the 40% visitors' share of gate.

It's often been said that NFL teams are profitable already BEFORE they even sell one ticket.

He’s still got no stadium. He pays only $1 rent but where are his revenues??

In 2014 (per Forbes) the Chargers had $340M in revenues... now they’re projecting only $150M their first year in Inglewood.

They have to share the market with the Rams.

So where’s the money going to come from?

Yup it will work out. The thing is, Spanos is in a new stadium, the way he wanted. That wasn't happening in San Diego.

 

[Mightygoose]

Yup it will work out. The thing is, Spanos is in a new stadium, the way he wanted. That wasn't happening in San Diego.

Not too mention, they have a 20 year lease which may not be easy to get out of

Chargers reportedly not allowed to leave Los Angeles for at least 20 years

Only say they move back to SD is a) A new stadium is built there which is a long shot and b) the Spanos family sells which seems even a longer shot.

 

[BKIslandersFan]

Not too mention, they have a 20 year lease which may not be easy to get out of

Chargers reportedly not allowed to leave Los Angeles for at least 20 years

Only say they move back to SD is a) A new stadium is built there which is a long shot and b) the Spanos family sells which seems even a longer shot.

If NFL wants them out they will be out. Hell I don’t think Kroenke will be shedding any tears with that lease.

 

[TheLegend]

Not too mention, they have a 20 year lease which may not be easy to get out of

Chargers reportedly not allowed to leave Los Angeles for at least 20 years

Only say they move back to SD is a) A new stadium is built there which is a long shot and b) the Spanos family sells which seems even a longer shot.

Spanos can’t sell the team without facing a stiff penalty.

 

[aqib]

Team was only there for 50+ years.....

You also knew the Chargers originally started in LA, right?? Spent one year there then moved to SD.

I’m beginning to believe you know little, if anything, about the franchise and its history in SD.

Yeah everyone knows they played there for a year and then Hilton bought them and moved them to SD. However, Jack Murphy/Qualcomm was outdated a long time ago and needed to be replaced. There were how many proposals that didn't go anywhere? Chula Vista, National City, and convention center one last fall. They had one last chance to keep the team with a hotel tax and 57% said no. How is that Spanos's fault?

 

[aqib]

Chicago isn’t San Diego.

San Diego’s relationship with the Spanos family was never that great. But the old man (Alex) knew not to push it too far. When he passed away, Dean took it over and drove it right off the cliff.

Um he didn't pass away until this week. I guess I'm not the one who doesn't know anything about the Chargers

Yes I am aware that Dean has been running things for a few years.

 

[BKIslandersFan]

Yeah everyone knows they played there for a year and then Hilton bought them and moved them to SD. However, Jack Murphy/Qualcomm was outdated a long time ago and needed to be replaced. There were how many proposals that didn't go anywhere? Chula Vista, National City, and convention center one last fall. They had one last chance to keep the team with a hotel tax and 57% said no. How is that Spanos's fault?

Because NFL owners should not be asking for a penny to build a stadium.