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jvaccaro6
PostPosted: Mon Apr 05, 2010 12:52 am 
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After reading more about Paul Allen, he's one of those guys that seems to like to buy what he likes. IE Owning, football basketball and soccer franchises. He's also got a net worth of 18B; I hardly doubt that a few hundred million is even a concern of his. I think it's more of him not wanting to buy into something he doesn't know much about. Which I can respect. It would be like trying to convince me to buy a house in North Dakota, I know nothing about it, there for I'm not going to buy it. He's also suffering from Cancer, and really isn't in a position to buy any major franchise anyway.

The money has nothing to do with it in my opinion, the circumstances he's in, and the fact he's not interested in hockey are valid points.

Either way, Oregon is a pretty untapped Northern Market, and could still be a good spot for an NHL franchise

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ironyisadeadscene
PostPosted: Mon Apr 05, 2010 12:40 pm 
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i did research on the subject. basically it said portland has some interest, but nothing is going to come of it. he runs the rose garden, which already went bankrupt once. figure splitting money between 2 teams is going to make things even harder on it.

there was an article saying his financial advisers flat out told him not to do it when he explored the option in 2005. and like i already said, portland is in very dire straits during this recession. i think there are at least 5 other cities ahead of it that the NHL would explore first..

also, the nets and devils dont share an arena, and the nets are moving.

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jvaccaro6
PostPosted: Mon Apr 05, 2010 12:58 pm 
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ironyisadeadscene wrote:
also, the nets and devils dont share an arena, and the nets are moving.


They will be sharing an arena, whatever, it's all the same.

You really need to nitpick a post like that?

Also what is your source, all I was able to find on the matter was 2 guys blogs.

I'm curious as to your source; particularly because I'd like to see if it was an actual financial analyst, journalist, or some blogger who's just speculating. Thats the one thing I hate about blogging, anybody can make their page look semi-professional, and spit ball his ideas on a person, and try to make themselves seem credible.

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ironyisadeadscene
PostPosted: Mon Apr 05, 2010 5:29 pm 
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jvaccaro6 wrote:
ironyisadeadscene wrote:
also, the nets and devils dont share an arena, and the nets are moving.


They will be sharing an arena, whatever, it's all the same.

You really need to nitpick a post like that?

Also what is your source, all I was able to find on the matter was 2 guys blogs.

I'm curious as to your source; particularly because I'd like to see if it was an actual financial analyst, journalist, or some blogger who's just speculating. Thats the one thing I hate about blogging, anybody can make their page look semi-professional, and spit ball his ideas on a person, and try to make themselves seem credible.


the nets are moving to new york city, barclays arena in downtown brooklyn. they play at the IZOD center, where the devils played till 07. the devils got a new arena in 07, the nets have never played there.

as for my source, it was a few articles for the portland news paper.

you also have to figure, if its hard to find information about about it, the likelyhood of it happening is 0.

i have no problem with portland having a team, just not over seattle. i also dont think itll happen, especially if the only guy who can make it happen wont. maybe if portland comes out of the recession well, it could happen, but i really dont see it.

also, i guess portland is hot for an MLB team for the AL west.

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mechaphil
PostPosted: Mon Apr 05, 2010 5:31 pm 
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They open their 2010-2011 season at The Rock, Mike.

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ironyisadeadscene
PostPosted: Mon Apr 05, 2010 5:40 pm 
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they are moving there for one season?

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mechaphil
PostPosted: Mon Apr 05, 2010 5:41 pm 
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Yea, just until the new Barclays Arena you were talking about is done. Just looked it up.

However, they might now, because there's apparently a shit-ton of legal crap surrounding all of this business.

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ironyisadeadscene
PostPosted: Mon Apr 05, 2010 5:44 pm 
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mechaphil wrote:
Yea, just until the new Barclays Arena you were talking about is done. Just looked it up.

However, they might now, because there's apparently a shit-ton of legal crap surrounding all of this business.


i, too, looked it up, and barclays is underway, and all legal crap is in the past.

so they are moving from a crap arena, to a nice arena, to a beautiful new arena in 3 years. STUPID.

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mechaphil
PostPosted: Mon Apr 05, 2010 5:46 pm 
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ironyisadeadscene wrote:
mechaphil wrote:
Yea, just until the new Barclays Arena you were talking about is done. Just looked it up.

However, they might now, because there's apparently a shit-ton of legal crap surrounding all of this business.


i, too, looked it up, and barclays is underway, and all legal crap is in the past.

so they are moving from a crap arena, to a nice arena, to a beautiful new arena in 3 years. STUPID.

Agreed. Also, Brooklyn Nets sounds retarded. Either call em the New York Nets or give em a new name entirely.

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ironyisadeadscene
PostPosted: Mon Apr 05, 2010 5:49 pm 
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i guess it makes since to leave the zod arena because of the huge gigaplex they are building in new jersey.

the prudental centre is fucking UGLY.

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mechaphil
PostPosted: Mon Apr 05, 2010 5:52 pm 
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Dude, I think The Prudential Center is snazzy.

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Skyline_BNR34
PostPosted: Mon Apr 05, 2010 10:01 pm 
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mechaphil wrote:
Well, the difference here is that Paul Allen owns the Rose Garden, whereas The Rock is owned by the city of Newark.

A lot of people (beat writers, team people with the TBlazers) believe that Paul Allen doesn't want to take the financial gamble of investing in an NHL team, what with the immense costs of a professional hockey team (boards, cooling system, zambonis, equipment, payroll, etc etc). We're talking hundreds upon hundreds of millions of dollars to renovate and retrofit an existing (and pretty old) arena alone, and on top of that is the yearly upkeep and pay roll. He's looking at an inital investment of 400 to 500 million right off the bat, possibly.

Then you've got the possibility of Paul Allen leasing out the arena to a prospective owner, but even then he'd either have to front the costs of retrofitting the arena for hockey use, or he'd have to trust that the owner will front the costs for it. Do you think Paul Allen really wants to be on the wrong end of an owner defaulting on expensive payments (a la Tom Hicks and his half a billion in owed lease payments in Dallas)?

To be honest, that 500 Million or whatever wouldn't be too much for him to earn back quickly. He owns the Arena so he would see all income and revenue from the 15,000+ people or at least extra amount and earn it back in no time.

But if what Mike said is true about the guy battling cancer and it might not be financially sound for him to do, then he shouldn't do something that could kill him basically.

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No need for violence, just tell her she's got a game misconduct and show her the door.

Rud wrote:
As I said in the GDT, the call on Rivet was horseshit. The Bruins player was holding onto Rivet's stick like it was the last fucking raft on the Titanic.


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ironyisadeadscene
PostPosted: Tue Apr 06, 2010 12:00 pm 
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mike illitch thought the same thing when he bought the red wings, but year after year, the red wings lose money. the blazers are already stuggling to make money, an NHL team would too.

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Skyline_BNR34
PostPosted: Tue Apr 06, 2010 11:11 pm 
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The Redwings lose money? I don't think that is possible for that team to lose money.

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CriminallyVu1gar wrote:
No need for violence, just tell her she's got a game misconduct and show her the door.

Rud wrote:
As I said in the GDT, the call on Rivet was horseshit. The Bruins player was holding onto Rivet's stick like it was the last fucking raft on the Titanic.


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mechaphil
PostPosted: Tue Apr 06, 2010 11:12 pm 
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Skyline_BNR34 wrote:
The Redwings lose money? I don't think that is possible for that team to lose money.

The Red Wings have been hemorraghing money for a while.

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Rud
PostPosted: Tue Apr 06, 2010 11:15 pm 
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Mike Ilitch also owns Little Caesar's Pizza and the Detroit Tigers, so unless both of those are also bleeding money, he can afford to be in the red with the Wings for a bit.

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ironyisadeadscene
PostPosted: Tue Apr 06, 2010 11:38 pm 
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illitch was long criticized for taking tigers profits and pouring them into the red wings... during the period when the red wings were great, and the tigers were suffering.

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