Kukla's Korner Hockey
Entries with the tag: expansion
From Childs Walker at the Baltimore Sun,
A new arena is a poor risk for Baltimore if the city is counting on attracting an NHL or NBA franchise, sports business experts say, but some agree with city leaders that a proposed 18,500-seat venue could be profitable without such an anchor tenant.
Neither the NBA nor the NHL offers many relocation or expansion prospects, analysts said, and the presence of basketball and hockey teams in Washington make the odds even longer for Baltimore. [...]
NHL spokesman Frank Brown said the league has no plans for expansion or relocation, though several cities have expressed interest. He said questions about the Capitals’ sharing a market with another team are “way too hypothetical for me to answer.
There is no doubt about it, though: Balsillie wants to own an NHL team.
“I enjoy the pursuit. I do not get frustrated or discouraged. It would be a great thing to do and it may or may not happen. I think the most important thing is that Canada gets another pro hockey team, with or without me. I think the most important thing is to have one or two new markets in Canada.
“There are people who believe I am right and people who believe I am wrong. I have no doubt that Quebec could support a team and I have no doubt that Winnipeg could support a team.”
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from Bucky Gleason of the Buffalo News,
“I think it’s a very viable location,” Buffalo-based Bruins owner Jeremy Jacobs told the Boston Globe. “I think the league would be interested if the time came when it made itself available.”
Early estimates suggest expansion costs, which were $80 million a few years ago, could soar to $250 million or more. The money would be distributed among the 30 teams, minus the 54 percent for the players, not a bad take. Bettman doesn’t see the gambling issue as a major obstacle because hockey makes up such a small percentage of bets.
“We’re small potatoes on the sports book,” Bettman told reporters in Florida. “If we were going to Vegas, we would have to focus on that issue. But I don’t think it’s nearly the issue for us as it may be for [another league].”
read on plus much more NHL talk…