This is the
BUSINESS forum, not a fan forum. We try to talk cold hard facts here, rather than being cheerleaders. Jets 1.0 left Winnipeg because
- they had an ancient arena with virtually no luxury suites
- no share of the concession or parking or concert revenues
- the Canadian dollar was cratering
- there was no salary cap
- city council did not want to build a new arena
Cold hard fact. There was no business case for Jets 1.0 coming anywhere near breaking even in 1996, even with 100% attendance. Jets 1.0 had to go elsewhere.
Are you talking attendance, or revenue? Revenue is the important number. What are ticket prices like, compared to Canadian teams?
Oink, oink, flap, flap... and if pigs had wings, they could fly. This is not the NFL. The NHL is still a strongly gate-driven league. NHL TV revenue is nowhere near the NFL's TV revenue. 77.9 percent in the NHL is disastrous, 28th in the league, beating only Carolina (67.4) and Florida (66.1).
Cold hard facts. Even with a new arena, with concert and concession and luxury suite revenue streams, and a sweetheart AMF bordering on outright charity, the Coyotes are massively bleeding red ink. And the COG is bleeding with them. It's so bad that not only are the Coyotes not viable in Glendale, but Glendale isn't viable with the Coyotes,
Just like 20 years ago in Winnipeg, this franchise is not viable, from a business point of view, in Glendale, and moving elsewhere is the only realistic solution.