That can't be right.
Well, if you'll excuse me, I need to step out for a minute.
|The Kansas City model?|
The Sacramento Kings had been expected to serve as tenant in a proposed $391 million arena in the downtown railyard before pulling out of the deal last week. Members of the Maloof family, which owns the team, have said they are committed to staying in Sacramento and have floated the idea of renovating Power Balance Pavilion.
Johnson said city officials should remain focused on a downtown arena and perhaps follow "the Kansas City model." That Midwestern city constructed the Sprint Center – one of the world's busiest arenas – without a professional sports franchise.Hey, that's cool, I guess. Until you see why that is such a bad idea. Bold added by me for emphasis:
If the sides remain apart, Johnson said the city should explore what was done in Kansas City.AEG, which had agreed to operate Sacramento's facility, contributed $53 million to the Kansas City project and operates Sprint Center.
The Kansas City model is likely to be a difficult one to emulate.
Gary Bongiovanni, editor in chief of Pollstar magazine, which follows the concert industry, said the Sprint Center was "an unintentional experiment." The city expected to lure an NBA or NHL franchise to the building after it opened in 2007, but that still has not happened.
"Until Kansas City did it, I'm not sure there was a major example of an arena being built without a sports team," Bongiovanni said. "It becomes a little iffier if you don't have a sports team."
Arenas with sports anchors generate more revenue from signage and naming rights – advertisers want to be in a building that will be on television broadcasts, Bongiovanni said. Nonetheless, the Sprint Center has succeeded without a sports team. In the first quarter of 2012, Pollstar ranked the arena the second busiest in the country and seventh busiest in the world based on ticket sales for non-sporting events. Power Balance Pavilion was not in the top 50.
While the Sprint Center is considered a success by industry experts, Bongiovanni said Sacramentocould not support a new downtown arena if Power Balance Pavilion continued to operate.
The key to the Sprint Center's success was the financial involvement of AEG, said Troy Schulte, the city manager of Kansas City.
"There's a vested financial stake (for) them to fill the arena," he said. "I doubt we would have been as successful as a standalone arena without AEG."
Johnson said the city would continue talking with AEG about a new arena. AEG officials declined comment Tuesday.It isn't fair to call the Sprint center an "unintentional experiment" because it's not like other cities have built successful arenas (or not arenas) in other cities without a major tenant (look at the top 20 US cities on that list). Arenas and other venues are built for specific entertainment purposes, and not necessarily for an anchor tenant. Now, maybe Kansas City's citizens were a part of an intricate social psychological experiment administered by AEG and city officials back in the mid-2000s when they were attempting to promote constructing the Sprint Center. If so, we are all entitled to monetary compensation for our part.
“There’s interest,” he said. “I hear from a half a dozen cities on a regular basis that would like to have a team, but that’s not anything we’re focused on.”
While he stopped short of identifying those parties in Kansas City, Bettman was quick to trumpet the virtues of the Sprint Center as a venue amply capable of harboring a franchise.
“Without being specific,” he said, “because I’m not sure they want to be identified, we hear on a regular basis that there’s this wonderful arena there just waiting for a tenant.”
“Get the outer market (premium broadcasting) package or watch NBC for the time being,” he said. “Look, I don’t like raising expectations. I don’t really think that’s fair.”Yeah, we'll get right on that.
|Cross between Happy/Struting Leo and Laughing Doughy|
|Doughty laughs at or laughs with Don Cherry|
|Nice tan lines, Doughty!|
|Doughty and Coach Dunlop have a revelation|
|Laughing Doughty and Illegal Poke Checking Clowe tripping Castro mish-mash|
|Coyotes potential mystery owner?|
Even Glendale's long-supportive mayor's faith is cracking as she stares down as much as a $30 million deficit in the city's budget for next year.Even if the framework of a deal is released this month, as Beasley says, finalizing a deal takes longer and in the past has proved elusive
The Coyotes' ownership has hung in limbo since 2009, when the National Hockey League bought the team at a bankruptcy auction. For three straight years, the team has battled in the playoffs and potential owners have come and gone.
Beasley's timeline offers a glimmer of hope, but the council in past years has approved preliminary agreements with at least three groups. Financing problems crippled two of the deals. Another bidder abandoned his deal.
Mayor Elaine Scruggs, who has for years preached the benefits of keeping the Coyotes in Glendale, said Jamison's deal is the best the city has seen in its three-year search.But the group has struggled in the past to line up financing, she said.If the issues remain, a lack of funds could again trip up a deal.Tight finances are impacting Glendale, too. The city can't afford to buy more time with the Coyotes.The city has twice pledged $25 million to the NHL to keep the Coyotes in Glendale, the second bill coming due as soon as next month.The payouts have strained the city. Leaders now weigh staff furloughs, service cuts and a sales-tax hike amid a steep deficit in the upcoming year's budgets.
|I was going to put a picture of Mayor Scraggs here, but I don't |
want to look at her anymore after reading a bunch of
stories on this whole mess, so enjoy this instead.