Retail1LO*
Guest
I agree. Quebecor is an extremely attractive partner for the league in terms of its french media outlets & the revenues that'll bring in; QC is sustainable (like Wpg) with careful ownership. The arena etc. In addition to Phoenix however, Id bet there are at least 2-3 other franchises that may have no choice but to relocate within the next 12-24mnths.
Their losses through 2010-11 were reportedly $40M'ish. Its really quite untenable. If this drags on through the Draft & summer, losses through 2011-12 could be staggering, and of course the longer the ownerships unresolved the price just keeps going up & up & up as the losses escalate. $25M provided by the COG is great, however, what about the rest?. Not good.
Not to go too OT, but what other teams do you feel face relocation, and are their enough viable markets with arena and ownership to take them on?
Also, it still astonishes me that the league thinks it can take a team that's losing a slough of money, that's already garnering little interest from anyone looking to keep the team in the desert, and keep heaping their losses on top of the sale price. It's already a scary proposition owning a team in the desert where it's had little success, has lost so much money, and has drawn so meager an audience both in house and on TV. But to ask the price tag they NHL is looking for, even without a relocation fee, is just nuts. Some city is going to sit there and tell the NHL "Look, you can either drown alongside that peach of a team you've got down there, or sell it to us. And oh, you can shove that relocation fee up your arse, we're doing you a favor, buddy." The situation in Phoenix has the potential to become something beyond an embarrassment. If this season gets into the 2012 portion of the schedule without resolution one way or another, it's going to get sooooooo ugly.