Quote:
Originally Posted by h0twired
What happens when the salary cap goes up another $10-15 million in the next 3-5 years?
Is the 15,000 seat model really sustainable for longer term projections?
Had a chance to speak with Ken King a few months ago. He said that he would love to see Winnipeg in the league but can't see the numbers working with a 15,000 seat arena. Apparently no wealthy individuals who would be the ones to bring a team to Winnipeg can make the numbers work either.
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well.....if the revenues in a 15000 seat arena are more than 2/3 of the arenas in the league, what does it matter how many seats you have?...or are you predicting that suddenly the 20 teams with lower revenues will somehow all fill their buildings with full priced tickets?
i agree that if the revenues somehow double in all the other arenas and they begin to make more than a full 15000 seat arena would, then it isnt sustainable, but as it is the NHL is a long long way from that happening.
those who say that a 15 000 seat arena doesnt work are not looking at the facts, but are only making knee jerk assumptions.
it doesnt matter how many seats you have, but how many people you have paying for those seats....right now, looking at the numbers, it appears that 1/3 of the teams in the NHL are playing in buildings where an average of only about 10000 people have paid full ticket price (average of $65 = $650 000 per game).....their 17 000 seat arenas arent really making much difference.
the $200m price tag for a team might have something to do with no wealthy individual making the numbers work....its not necessarily seat count of the MTS centre....there could be a dozen reasons other than the size of the arena...i am only trying to dispell that specific myth....which seems pretty self evident, when faced with actual revenue numbers.