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IS WINNIPEG GIVING UP ON NHL AND THE JETS?
Published October 28, 1994
Accountant Steve Bannatyne, who will assume control of the Winnipeg Enterprises Corporation in late November, said yesterday that he is interested in attracting an IHL franchise to a downsized Winnipeg Arena. Bannatyne said he is skeptical that the NHL's Jets will be able to remain in Winnipeg, even following the completion of the Manitoba Entertainment Complex: "Keeping the Jets in Winnipeg will be very difficult even with a new building. Everyone is aware that the NHL has to get its labor costs under control, but I still don't see the league making an offer to its players that cuts the total payroll to $15 million Canadian. Without that, it's going to be tough to keep the Jets here. I'm an accountant and I look at the economics and I don't see how we can afford the NHL in Winnipeg." With that in mind, Bannatyne plans to become active in pursuit of an IHL team: "I think an IHL franchise would be ideal for a city this size" (WINNIPEG FREE PRESS, 10/28).