Sunday, August 7, 2011

August 5th rant

SO its August 5th and the isles have been all over the news. Of course for the wrong reasons. Nassau county voted down a new coliseum. No surprise.what's surprising is the optimism and hope that the isles will stay there. As it stands Brooklyn,Kansas city, Quebec will have buildings by 2015. All paid.zero investment. Move right in. And as expected, those options are shot down by press and fans Alike. Clearly their not paying attention. For 20 years the isles have needed an upgraded building or a new building. No one. I mean NO one wants to fund it. There are several reasons. The isles don't make money. Nassau county and hemstead more specifically  are like the old boys network when it comes to that land that the arena sits. They want all the say in what is put there or not put there yet think some idiot is gonna finance projects under such rediculous circumstances. They also want some control of any future revenue streams generated. A deathgrip on any potential investors. Its clear that nothing is going to change and the isles will move when the lease is done.

Where do they go? I don't think there are many viable options. No one wants to buy the team. No one wants to finance an arena. And banks aren't lending money. Brooklyn makes the.most sense. Here's why....the Barclay center is being built. No more hurdles. No more opposition. And most important, no investment! Or at least not 350,000,000 worth. Some say Gary bettman will not allow an NHL team in,such a small arena. Well he's not stupid either. The isles have a TV contract that pays them between 15 and 30 million dollars yearly as long ad they are in the.NYC market. So a 17,000 seat arena in Quebec or Kansas city can not come close to matching the revenues generated by the TV contract alone. And 14,000 seats in Brooklyn! Can generate more revenue than 17000 seats anywhere unless you are an original 6 team. A hockey Jersey with the Brooklyn name alone would prolly Garner more revenue than the isles have made in years.

All that said. I hear queens, Suffolk county, and few other local options but there is no actual factual data to back up these rumors. No financial possibilities for such moves has ever surfaced. If this comes about or by some modern miricle they stay in Nassau, I'd be very happy. In light of the reported TV deal, I'm very confident that the isles will stay in new York. 

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