Cano Officially Inks $240M Deal With Mariners Flames' Burke Insists He Won't Take Over GM Blues Attendance Woes Hurting Projected Revenues Sharks COO Focused On Marketing Efforts Franchise Notes Resurgent MLB Teams Not Spending NHL Panthers Suffer Plexiglass Snafu Mets Unlikely To Make Another Splash In Free Agency Bettman Says NHL Fielding Expansion Inquiries Phillies Not Planning To Increase Payroll
DEVILISH PLOT TO TAKE CONTROL OF BRENDAN BYRNE ARENA?
Published May 25, 1995
The Devils, who have been conducting an audit of the NJSEA's books, may be "seeking to replace the NJSEA and become the [Brendan Byrne] Arena's managing agent," according to this morning's N.Y. POST. Larry Brooks reports that a December 22 letter sent by the NJSEA during the NHL lockout -- called "an attempt to suspend the team's lease" in a recent news report -- "has prompted the audit and intensive negotiations with Nashville as a site for franchise relocation." Brooks writes that "there is reason to believe that shared revenue -- specifically from suite sales -- is at the center of the notice. The Devils' lease with the NJSEA includes a mutual 'hold-harmless' clause regarding labor disputes." Brooks, on the leverage the team may have: "If the Sports Authority did indeed breach the lease, if the Dec. 22 notice becomes the 'smoking gun,' the Devils may not only be in control of the agenda but on their way to control of the Arena, as well" (N.Y. POST, 5/25). THE RED-JERSIED STEPCHILD: In a report on the Devils' finances, Richard Sandomir calls the team "hockey's local stepchild to the Rangers ... in terms of attendance, attention and corporate cache." The team has also made marketing mistakes by selling themselves as a New York rather than a New Jersey team, according to Mike McCall, Devils Head of Marketing and Sales. McCall: "[Team Owner John] McMullen said he felt he was buying a team in the Big Apple. That's proved not to be the case. North Central Jersey is our primary area" (N.Y. TIMES. 5/25).