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From my standpoint, Grimes, it seems implied from the article that the idea of a second Toronto team is being considered as a means for MLSE to make more money for itself. MLSE, from my perspective, has deliberately run the sports side of the Leafs shoddily and has treated its fan base like an ATM machine. By having a second team in the downtown Toronto area that has very poor prospects for having its own arena, it would put a very onerous financial burden on whomever (presumably Balsillie) relocated the Preds because Bettman could either overinflate the price for the Preds the league is willing to accept or impose an outrageous expansion franchise fee on a new GTA team. Bettman, in my opinion, should be forced to accept the inevitable relocation of the Preds or Phoenix to a stronger fan base in Hamilton or Winnipeg and give up his ridiculous notion that NHL teams are viable in the southern/southwestern US.
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As someone who has suffered through an entire lifetime of mediocrity from the Leafs, I hate MLSE as much as the next guy. I don't think the idea of a 2nd team in Toronto is to give more money to MLSE; rather that's a necessary evil to get them on board. According to the NHL's constitution teams have terroritial monolopies within a certain distance from their areans (50 miles I think, though I can't recall for sure). Hamilton unfortunately falls within both Toronto and Buffalo's territory. So unless Balsillie is prepared to challenge the rules in court, he'd have to get both Buffalo and Toronto's owners to agree to his moving a team to Hamilton. If he picks Toronto on the other hand, he has only MLSE to appease. He would have some leverage here because MLSE certainly wouldn't want him building another arena in town - then they'd also have competiton for all the big name concerts etc. So he'd probably be able to work out a reasonable rent situation. MLSE gets a few bucks for rent, Balsillie gets his team in Canada, everybody is happy.
As for Bettman, he ultimately has no say in how much Balsillie pays for a team; that's just between the current owners and Balsillie. He was able to keep Balsillie out the first time by convincing Craig Leipold to take a $40 million haircut, and he rewarded him for that by setting him up in Minnesota. In the long run though, as the economy takes its toll on some of the fasle hockey markets in the south, Balsillie's money will become too good for an owner (whether Nashville, Phoenix, Atlanta, etc.) to pass up, and Bettman's hat will eventually run out of rabbits to stop it.
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I don't know how Balsillie would go about challenging the NHL's territorial rule (A US judge would probably throw it out on anti-trust grounds in a heartbeat) and I think any owner would have a hard time getting a team to Hamilton, I still feel that dealing with MLSE alone would be the worst option. The scenario I see is this: Balsillie (or whomever) gets a team and gets an agreement with MLSE for renting out the ACC for games. I'd bet since MLSE owns the ACC, they would take a significant chunk of the new team's concession and ticket revenue as part of the rental agreement. MLSE would essentially get a third or more of the new team's revenue without having to pay out payroll expenses and the like. Plus I think it would be very hard for a new owner to get a new arena built in Toronto because of the strong financial pull of the Ontario Teacher's Pension Plan. I'm more inclined to think the Preds, the Coyotes or Columbus would be better off in Winnipeg or Quebec. I'd love to see a new team in the Hamilton area, but the odds are against it. With regards to Bettman, doesn't he or the NHL board of governors have to approve any sale? I get the feeling that Bettman hates Balsillie so much that he'll do whatever he can to prevent him from owning a team.
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I'm sure Balsillie wouldn't sign any deal with MLSE that would screw him that much. He's far too smart, and far too rich for that. As for the rules for new owners, The league's existing owners must approve any sale, Bettman doesn't have a vote. They'd have a hard time coming up with justification for voting against Balsillie.
Check out Stephen Brunt's take on it a few weeks ago:
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If Balsillie wants a team, I think it's only a matter of time until he gets one, and if he does, it will likely end up somewhere in Southern Ontario eventually. I'd love to see the Jets back as well, but the Southern Ontario market makes a lot more business sense first.
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very interesting article, thanks for that.
I still think that between MLSE and the City of Toronto, with MLSE owning the ACC and the City not amenable to helping build a new arena, another team in the Toronto area doesn't make financial sense. A Hamilton team could theoretically, if it were better run than MLSE has run the Leafs and Raptors, draw its fan base from Hamilton to Missisauga to Etobicoke and beyond. I think MLSE management desperately does not want another team in the Southern Ontario market because they know that team will probably be better run on the sports side and would lure away Leafs fans that are sick of poor management that doesn't give a crap about winning games and championships.
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[youtube]JWqgizAD4FA[/youtube]
I need 2 Kingston Tickets, please help.
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Between letting pests be a part of the NHL and the horrible officiating, hockey is almost unwatchable.
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tigerthelion Wrote:Between letting pests be a part of the NHL and the horrible officiating, hockey is almost unwatchable.
Are you sure its not just because you guys are Leafs fans that it makes it unbearable :lol:
want to be a nobody without peer
want to be a thought that's never done
want to shake your faith in human nature
want to break the hearts of everyone
want to be your wheezing screen door
want to be your stars of Algonquin
want to be your roaring floorboard
want to break the hearts of everyone
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Fantastic game tonight! What really made it fun to watch was that the officials put their whistles away for the most part and allowed both teams to play some exciting, end-to-end hockey. It was incredibly refreshing. My Flames have finally found their game and are currently riding a 4-game winning streak. We're getting goals from all over the place, the defence has been much better, and Kipper is starting to look like his old self again. Things are definitely looking up in Cowtown.
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After the Ottawa Buffalo game the other night Buffalo's Adam Mair was not happy with what happened on the ice - and actually went down to the Sens dressing room after the game:
[youtube]PGMASo6dY5A[/youtube]
"We're forced to bed, but we're free to dream"
Dana
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Mair is right about 1 thing...Chris Neil IS a f*cking joke. One of the worst all around people in the NHL.