SBD/5/Leagues Governing Bodies

HOCKEY COMES OUT ON TOP FOR TICKET PRICES

     TOP TICKET:  The latest TEAM MARKETING REPORT shows hockey
to have the hjghest average ticket price ($33.66), compared to
$31.05 for the NFL, $27.12 for the NBA and $10.45 for MLB.  TEAM
MARKETING REPORT's Alan Friedman:  "One reason [NHL] teams can
charge so much is that they have a very loyal and intense
following.  The NHL is in a better situation than the other
sports to absorb an interruption like this because it doesn't
rely on the casual fan" (KNIGHT-RIDDER/TRIBUNE BUSINESS NEWS,
10/5).
     NHL LOSSES CHALLENGED:  NHLPA attorney Jeffrey Kessler
challenged the figures in the Uniform Report of Operations that
put league losses at around $32M for '92-93.  Kessler said the
figures "did not include franchise fees, adjustments for recent
huge increased values of franchises, adjustments for owners'
salaries and private expenses and adjustments for creative
financing by teams that also own the team, arena or the station
or network that televises the team's games" (Len Hochberg,
WASHINGTON POST, 10/5).
     WHO'S LOSING?  If the $32M figure for '92-93 "is to be
believed," the Whalers accounted for 1/4 of the loss.  Also, the
Whalers lost $14M in '93-94 and are projected to lose $8-10M this
year (Viv Bernstein, HARTFORD COURANT, 10/5).  Winnipeg Jets
Owner Barry Shekarow:  "We will lose less money by not playing
than playing" (Damien Cox, TORONTO STAR, 10/5).  In New York, Joe
LaPointe calls on the owners to make public more detailed
financial data than they have.  LaPointe's column runs next to a
chart profiling the owners and their franchises' values (N.Y.
TIMES, 10/5).
     SAVE THE SMALL MARKETS:  Larry Brooks writes the NHL's
general proposal "makes sense" and that it's "vital for the
league's unique character that as many teams as possible survive
in Canada even if that means the average player salary reaches
just $775,000 and not $900,000 in the next three years" (N.Y.
POST, 10/5).  Jim Proudfoot writes that the NHL could forego
$200-300M in lost expansion fees if troubled franchises move to
new cities (TORONTO STAR, 10/5).
Return to top
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug