Now include Houston in this mess...

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Re: Houston....

Postby newarenanow on Tue Jan 23, 2007 10:45 am

edog wrote:I found the following agreement through a Winnipeg web site. Shows further why Houston isn't really a viable option for Mario.....

http://www.hchsa.org/legal/arena_la.htm

Specifically pay attention to the NHL team rights versus the NBA team rights. This agreement is heavily slanted towards the Rockets.


THe thing about Houston, if Alexander buys the team, then it doesn't matter. But yes, if the LG looks to keep the team or sell it, then Houston is not a good choice.
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Postby penny lane on Tue Jan 23, 2007 10:48 am

Guins wrote:
Admin wrote:
Guins wrote:Also Pompeani said he's heard that MC is REALLY working hard to buy this team behind the scenes & quietly

Interesting. :lol:

Would you STOP dropping HINTS & spit it out MAN!!!!!!!! :lol:


there will be no laughing at your legions with smug inside info.
:!:
I'll say this, a quiet Mark Cuban is the deal-making Mark Cuban.
Would you agree dear Admin?
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Re: Houston....

Postby edog on Tue Jan 23, 2007 10:48 am

newarenanow wrote:
edog wrote:I found the following agreement through a Winnipeg web site. Shows further why Houston isn't really a viable option for Mario.....

http://www.hchsa.org/legal/arena_la.htm

Specifically pay attention to the NHL team rights versus the NBA team rights. This agreement is heavily slanted towards the Rockets.


THe thing about Houston, if Alexander buys the team, then it doesn't matter. But yes, if the LG looks to keep the team or sell it, then Houston is not a good choice.


They don't have enough time to do a sale & get the price they want. You are talking a few months minimum to complete a franchise sale. The NHL has to know by March where the team is playing so they can make up a schedule. Alexander might be interested in a team, but why would he be interested in paying Mario's price when he holds all the cards in Houston?
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Re: Houston....

Postby King Sid the Great 87 on Tue Jan 23, 2007 10:50 am

edog wrote:They don't have enough time to do a sale & get the price they want. You are talking a few months minimum to complete a franchise sale. The NHL has to know by March where the team is playing so they can make up a schedule. Alexander might be interested in a team, but why would he be interested in paying Mario's price when he holds all the cards in Houston?


The team is leaving. Stop being stupid.
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Re: Houston....

Postby edog on Tue Jan 23, 2007 10:52 am

King Sid the Great 87 wrote:
edog wrote:They don't have enough time to do a sale & get the price they want. You are talking a few months minimum to complete a franchise sale. The NHL has to know by March where the team is playing so they can make up a schedule. Alexander might be interested in a team, but why would he be interested in paying Mario's price when he holds all the cards in Houston?


The team is leaving. Stop being stupid.


:lol: Sid, you rat ba$tard you..... :lol:
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Postby Admin on Tue Jan 23, 2007 10:52 am

penny lane wrote:I'll say this, a quiet Mark Cuban is the deal-making Mark Cuban. Would you agree dear Admin?

It's M&A 101.
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Re: Houston....

Postby King Sid the Great 87 on Tue Jan 23, 2007 10:56 am

edog wrote:
King Sid the Great 87 wrote:
edog wrote:They don't have enough time to do a sale & get the price they want. You are talking a few months minimum to complete a franchise sale. The NHL has to know by March where the team is playing so they can make up a schedule. Alexander might be interested in a team, but why would he be interested in paying Mario's price when he holds all the cards in Houston?


The team is leaving. Stop being stupid.


:lol: Sid, you rat ba$tard you..... :lol:


All I want to know is Why?
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Re: Houston....

Postby edog on Tue Jan 23, 2007 10:57 am

King Sid the Great 87 wrote:
edog wrote:
King Sid the Great 87 wrote:
edog wrote:They don't have enough time to do a sale & get the price they want. You are talking a few months minimum to complete a franchise sale. The NHL has to know by March where the team is playing so they can make up a schedule. Alexander might be interested in a team, but why would he be interested in paying Mario's price when he holds all the cards in Houston?


The team is leaving. Stop being stupid.


:lol: Sid, you rat ba$tard you..... :lol:


All I want to know is Why?


Because Franco & Jerome "fixed" the entire process.... 8-)
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Postby Stoosh on Tue Jan 23, 2007 10:58 am

will just warn you that this came from Bob (BOZO) Smizik last night on the nightly sportscall on the CW but he said he heard that Burkle wants to own the team after they get a new arena,Also Pompeani said he's heard that MC is REALLY working hard to buy this team behind the scenes & quietly


Interesting, because this meshes with Savran's report yesterday that certain parties in the current Lemieux Group are interested and are forming a group to look into buying the team when this arena thing is ironed out.

Could something like this be happening...

Burkle and the Pens ownership are trying to make the Pens deal as profitable as possible. With the full control of the hockey and non-hockey revenue streams going to the team, talk that the team's per-year contribution to the financing plan has been cut to $1.5 million a year over thirty years, and a short-term rent-free stay in Mellon Arena also with total revenue control, the Pittsburgh deal is capable of bringing in significantly more revenue over the life of its lease than would the deal in KC.

Burkle isn't an idiot...if the revenue streams between Pgh and KC are comparable (and they should be, given that they are similar markets), Burkle knows this deal could easily trump the KC deal. In fact, the arena deal here could turn out to be a significantly profitable venture. Once they maximize the value on the arena deal, they sign up for the deal and the team stays here.

Relatively soon thereafter, Lemeiux sells off his share in the ownership, whether it be to Burkle, some combination of the current investors, or to a group headed by Mark Cuban...or even some combination of all three. Thus, the team never really goes back on the market because they can finally start making good money off the new arena.
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Re: Houston....

Postby King Sid the Great 87 on Tue Jan 23, 2007 10:58 am

edog wrote:Because Franco & Jerome "fixed" the entire process.... 8-)


I thought it was SWINdell, OnoRATo, and RavenSTEAL?
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Re: Houston....

Postby edog on Tue Jan 23, 2007 10:59 am

King Sid the Great 87 wrote:
edog wrote:Because Franco & Jerome "fixed" the entire process.... 8-)


I thought it was SWINdell, OnoRATo, and RavenSTEAL?


I.O.C. or G.O.N.E.
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Postby newarenanow on Tue Jan 23, 2007 11:02 am

Stoosh wrote:
will just warn you that this came from Bob (BOZO) Smizik last night on the nightly sportscall on the CW but he said he heard that Burkle wants to own the team after they get a new arena,Also Pompeani said he's heard that MC is REALLY working hard to buy this team behind the scenes & quietly


Interesting, because this meshes with Savran's report yesterday that certain parties in the current Lemieux Group are interested and are forming a group to look into buying the team when this arena thing is ironed out.

Could something like this be happening...

Burkle and the Pens ownership are trying to make the Pens deal as profitable as possible. With the full control of the hockey and non-hockey revenue streams going to the team, talk that the team's per-year contribution to the financing plan has been cut to $1.5 million a year over thirty years, and a short-term rent-free stay in Mellon Arena also with total revenue control, the Pittsburgh deal is capable of bringing in significantly more revenue over the life of its lease than would the deal in KC.

Burkle isn't an idiot...if the revenue streams between Pgh and KC are comparable (and they should be, given that they are similar markets), Burkle knows this deal could easily trump the KC deal. In fact, the arena deal here could turn out to be a significantly profitable venture. Once they maximize the value on the arena deal, they sign up for the deal and the team stays here.

Relatively soon thereafter, Lemeiux sells off his share in the ownership, whether it be to Burkle, some combination of the current investors, or to a group headed by Mark Cuban...or even some combination of all three. Thus, the team never really goes back on the market because they can finally start making good money off the new arena.


That would be the ultimate good scenario. The Pens staying, with a great arena deal, and local investors who care about the team.
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Re: Houston....

Postby King Sid the Great 87 on Tue Jan 23, 2007 11:05 am

edog wrote:
King Sid the Great 87 wrote:
edog wrote:Because Franco & Jerome "fixed" the entire process.... 8-)


I thought it was SWINdell, OnoRATo, and RavenSTEAL?


I.O.C. or G.O.N.E.


Madden says so...
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Postby PenguinMan on Tue Jan 23, 2007 11:20 am

I think this will come down to the NHL allow or block the move based on the deal called "sweetened Plan B". Now someone quickly tell me why the currently proposed deal is NOT viable without the parking and development revenues. Would the Pens lose so much money that suddenly the entire business deal becomes not economically viable?
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Postby edog on Tue Jan 23, 2007 11:43 am

Once lived in Pittsburgh wrote:
Rico81 wrote:All of this crap is frustrating as hell to sit back and watch! The very thought of the Penguins moving to Kansas City or Houston is just plain stupid! Kansas City already had a failed hockey experiment in the past.


We've already been thru this numerous times.


Yep, & the facts haven't changed numerous times either....
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Postby pfim on Tue Jan 23, 2007 12:17 pm

The politicians have publicly established that their plan is better than KC's. Now the Pens need other leverage, in the form of Houston who has an owner (Les Alexander) who doesn't care about percentages of revenues to attract a hockey team.

If they can convince the politicians that Alexander is serious about bringing an NHL team to the Toyota Center, there's not much the politicians can counter with.
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Postby edog on Tue Jan 23, 2007 12:20 pm

pfim wrote:The politicians have publicly established that their plan is better than KC's. Now the Pens need other leverage, in the form of Houston who has an owner (Les Alexander) who doesn't care about percentages of revenues to attract a hockey team.

If they can convince the politicians that Alexander is serious about bringing an NHL team to the Toyota Center, there's not much the politicians can counter with.


Except a better offer.....however, Mario has to hope beyond hope that Alexander is even interested. Given the soap opera that has gone on since Day 1 with this, that isn't too certain....
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Postby pfim on Tue Jan 23, 2007 12:27 pm

edog wrote:
pfim wrote:The politicians have publicly established that their plan is better than KC's. Now the Pens need other leverage, in the form of Houston who has an owner (Les Alexander) who doesn't care about percentages of revenues to attract a hockey team.

If they can convince the politicians that Alexander is serious about bringing an NHL team to the Toyota Center, there's not much the politicians can counter with.


Except a better offer.....however, Mario has to hope beyond hope that Alexander is even interested. Given the soap opera that has gone on since Day 1 with this, that isn't too certain....


He stated publicly in 2005 that he's met with Gary Bettman and wants a team.
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Postby Guins on Tue Jan 23, 2007 12:36 pm

Once lived in Pittsburgh wrote:
edog wrote:
Once lived in Pittsburgh wrote:
Rico81 wrote:All of this crap is frustrating as hell to sit back and watch! The very thought of the Penguins moving to Kansas City or Houston is just plain stupid! Kansas City already had a failed hockey experiment in the past.


We've already been thru this numerous times.


Yep, & the facts haven't changed numerous times either....



Actually,they have. The populations, regional incomes, projections for the future AND facilities all have changed in this game.

Thanks.
If K.C. 's deal is SO great what's ML doing in Houston today then GENIUS?????????????????
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