Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

The Real DK asked in SportsHockey · 5 years ago

How long until the Las Vegas franchise in the NHL folds/moves?

Okay so for those who haven t heard the news the NHL has granted an expansion team to no not Quebec City who adores hockey, no not Seattle that has some of the most passionate fans in the country, But a city with yes 0 professional sport franchises.

My big thing is why is the NHL even expanding when they have struggling teams? Both Carolina and Arizona can not support their teams and why? Because the NHL is trying way too hard to push teams into markets where they re not wanted.

Does the NHL really think people in Las Vegas would rather go to a hockey game (a sport they never played) and pay for a $9 coors light?

What are your thoughts guys because right now I see them moving to Quebec City or folding in 6 years. Phoenix has an even bigger population then Vegas and they ve been struggling since the start. That s what happens when you put a professional hockey team into a city with no culture of hockey.

4 Answers

Relevance
  • 5 years ago

    As soon as you finish eating that 100 lbs. bowl of Somali turds, you f----g moron!

  • ?
    Lv 7
    5 years ago

    It won't fail or move. There's too much money in Vegas for that to happen.

  • Las Vegas has ownership, an arena, a seasons ticket drive that exceeded the 12K required, and more importantly, $500mm in cash to split with the other owners. Plus, the league can say "we were first" in Las Vegas. And not for anything, but Las Vegas is one of the top 10 TV markets for NBC/NBCSN (something Phoenix, the Raleigh-Durham (where Carolina plays) and Seattle can't say. Which means people there are watching hockey. Las Vegas is becoming a corporate player (especially American defence contractors and the financial services industry) which is where you get your corporate base.

    Quebec City: the exchange rate is a problem (salaries are paid is USD, revenues are collected in CAD). Plus, if a Quebec City team goes in, that other team in the province (MTL) is going to want a checque for territorial infringement (and probably a big one). Plus, there's no corporate base to speak of in Quebec (the people who buy club seats, suites, and sponsorships that a club needs to be profitable) other than Quebecor? One horse towns are bad options. Yes- they have an arena and probably an owner but the exchange rate is problematic.

    Seattle: No arena, no owner. The company I work for looked at the economics of Seattle for potential deals, and we were unimpressed. I can't go into specifics but employment is shaky at best, and the likelihood of a recession (locally/regionally) is strong (employment has stagnated and is likely to dip (albeit slightly) the CAD exchange rate is hurting them as they have heavy trade with the Vancouver area). Oh, and no arena, no owner and thankfully, a city of taxpayers unwilling to light tax dollars on fire (otherwise known as publicly funding an arena). Not every city is populated with rubes like you get in Pittsburgh (their residents are currently footing the bill for 3 sports facilities with ZERO economic impact) or St. Louis (still paying for a football stadium that left the area), or Miami (will end up paying $1.5bn for a baseball stadium that hasn't created any of the projected economic activity). So who's going to buy a team, buy an arena, convince fans to buy tickets, and make a team economically viable (and pay a territorial infringement fee to Vancouver). An expansion franchise is $500mm. A new arena is upwards of $500mm. That's $1bn. Figure at least another $500mm to get the franchise up and running, get people hired and hopefully be able to absorb losses. That's $1.5bn.

    I'll point out that anyone saying a stadium will produce X dollars of economic impact is lying through their teeth. Stadiums have not, do not, and will not produce an economic impact. It simply shifts impact from one venue to another (so people who might buy show/movie tickets instead buy sports tickets). There isn't one study in the last 50 years that can make this claim.

  • Anonymous
    5 years ago

    it all depends on the management, very obviously people in vegas have money to blow, it doesnt matter if they have never played the sport as you can see by the success of the thunder and wranglers. funny how you mention the passionate fans in seattle and then go on to completely disregard the ones in carolina and arizona. the thrashers existed for 11 seasons and would have lasted for many more if they didnt have the absolute worst management in the history of the sport. even if this team is a failure the owners would never allow them to relocate after just 6 years, even if they were just like atlanta spirit who didnt give a shit about the team.

Still have questions? Get your answers by asking now.