Kings announce ticket price hikes, say they're not just losing on the ice - LA Daily News

Links (8)

Ticket-price story
Published 5/1/2008 by Rich Hammond at Inside the Kings
Here's the story I wrote for today's paper, about the Kings' season-ticket pricing and their general financial woes. Kings announce ticket price hikes, say they're not just losing on the ice As I said earlier, I have a ton of quotes from Lombardi, Robitaille and McGowan, about these subjects and a few others. As soon as I'm confident that things are working OK with the blog, I'll start posting. Don also has a ``10 questions'' with Jim and Daryl ready to go, as well as some great prospect evaluations. So stay tuned!

Kings Losing More Money In Salary Cap Era
Published 5/1/2008 by Paul at KK Hockey
... “We’re building our organization differently, to meet the reality that we’re losing even more than we did before the lockout,” chief marketing officer Chris McGowan said. “We have to run a better business.” Thus, the ticket-price increases, even coming off a season in which the Kings tied for the fewest points in the NHL. The Kings believe the increases are necessary, in part, to help stabilize their bottom line. read on

SportsBrief - May 1
Published 5/1/2008 by Ryan Eletto at SportsHubLA
... , presumably to fill the fifth spot in the rotation if Dustin Moseley has another rough outing today against the A’s. Either way, both Adenhart and Moseley are just stop-gaps until Lackey can return from the DL. Their on-ice woes were clearly apparent, but the Kings’ financial floundering weren’t so obvious. The team is upping ticket prices , claiming they are losing money at pre-lockout levels. Get your wallets ready, Kings fans.

Get out your wallets: The return of the NHL third jersey
Published 5/1/2008 at Puck Daddy
... ' decision to raise season-ticket prices next season, because the team is losing more money now than it was before the lockout. (Can we have our season back now, Gary?) Also in the cards for Kings season-ticket holders: ...

News You Can Use Late in the Day
Published 5/1/2008 by kanadienkyle at Illegal Curve
1. Roy MacGregor writes on the importance of goaltending in the playoffs. 2. AO is about to sign new deals with Ferrari and Verizon. 3. The LA Kings say they are losing more money in the salary cap era. Ahem, you're doing it wrong then. 4. Bob McKenzie says that despite the ink the goalies are getting, the Canadiens PP is the real problem. 5. James Duthie wants early whistles to be reviewed. 6. Pierre Lebrun wonders why ...

A King's Ransom
Published 5/2/2008 by Tom at Tom Benjamin's NHL Weblog
... May 02, 2008 A King's Ransom It is hard to decide how much of this story is actually true and how much is the usual bullshit delivered up by NHL teams when they are whacking their fans with a ticket price increase. The idea that the extra charges being levied by the Los Angeles Kings are related to the need to sign Anze Kopitar and Jack Johnson is clearly nonsense. But are the Kings really losing more money today than they did before the lockout? Is paid attendance really off by 1200 a game? Are the price increases really necessary to stabilize the bottom line? Is the timing ...

Trying Economic Times Ahead
Published 5/4/2008 by The Puck Stops Here at The Puck Stops Here
... less people are able to afford to attend games. With the current CBA that links the salary cap to revenues this could lead to a decline in the salary cap (or at least significant slowing in its rate of increase). This could leave teams with large longterm contracts at a significant disadvantage. They will not have the financial ability to add the necessary free agents to their payroll. This should hurt players with increased escrow payments. One team that is claiming poverty is the Los Angeles Kings . They claim to be losing more money now than they were before the lockout. ...

THE NEWS
Published 5/5/2008 by mondesishouse at Mondesishouse.com
... --Ethan also added a great link/commentary in his email: "The LA Kings were tied-for-worst in the league this year, but they're raising season ticket prices next year. They're also creating an all-you-can-eat section. They're basically the Buccos of the NHL." ...