I know you called for Killion, but my personal recommendation is that you read about AEG and what their primary business is, which by the way is NOT just owning sports teams.
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Now you're on the right track. They own some arenas, they are a promoter, they are global. Anschutz is one of the richest owners in the NHL. I doubt anyone is telling him what to do.
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ok... here I be.... on the bolded there, I think youve run away, a lot further than I intended with my earlier comment.
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No, thats not my
assumption nor working hypothesis MNN. Your getting into the realms of relativism and Im not a big fan of relativism. Your asking or suggesting that "AEG doesnt need the NHL" and thats actually correct on one level but incorrect on other levels. Its complicated, a complicated & complex relationship. Massive web of interconnections, of influence. These guys have either directly funded & or developed (in partnership with major real estate developers) and or manage the top 21 grossing facilities World-Wide.
Not to create an argument, here. Yet, there is a discrepancy I think needs to be addressed, because something isn't making sense.
I want to point out that Killion continues to tell us that AEG running GRA for CoG is somehow a case of insider trading, and that, because AEG has a relationship with the NHL, that AEG will find a way to keep the Coyotes at GRA, funneling some funds there - and that CoG will regret choosing them as their arena operator. My impression of K's opinings here are that K things CoG is naive in their approach, and that NHL/AEG will take advantage of them at every step.
I see the possibility of that. However, given the way AEG comes up in every arena story everywhere, seemingly, I am starting to think now that AEG is involved in GRA for one reason: Their own profit. They wanted the out-clause in their contract because, if IA somehow does get another arena built, GRA will not be nearly as lucrative as it is currently. Merely on the surface, it seems that everything they have done there coincides with that idea.
In conjunction with that, I can't see any benefit to AEG to 'cutting a deal' with IA behind the back of CoG. Mostly, I think that because the contract to manage the arena is very straight forward in the way it's written:
1- There is a pool of money available for arena expenses. Use of the pool is strongly audited (and, as an international player, AEG has exactly ZERO incentive to abuse that).
2- Should there be any $$ left in the pool at the end of the fiscal year, the distribution thereof is clearly defined as to what goes first to AEG, then to COG, then split.
3- Because of that, the only way that AEG can cheat COG without also harming their own bottom line is if they book hardly anything in the arena all year. In doing so, they will also indirectly harm their own bottom line.
4- Given that, the only way to cut IA a sweetheart deal is to sign a rental agreement with IA whereby IA is paid to play there. That empties the pool, so CoG gets nothing back. And, then, AEG would need to sign a darkroom agreement with NHL that the League itself would reimburse them under the table, out of sight.
5- That seems too farfetched to me.
So, again, I am sitting here trying to understand what I have missed, and just exactly where and how AEG has room to cheat COG and make room for their so-called partner NHL, along with IA. And, I just can't see it.
And, the presence of AEG in the discussion in Seattle, where they apparently are interested in a remodel of Key, seems to go along with this, in my mind. I haven't seen their plans, and we don't know the RFP is, but, there is this question: Are we guaranteed that the RFP in Seattle requires accommodating both NBA and NHL? I don't think we are. If I am right about that, then AEG in Seattle is working precisely against the NHL's interests, and again, that doesn't fit the cozy narrative.
These are my thoughts.