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The NHL & The Recession
KK Hockey —
... as owners look to the game’s hotbeds as an economic salve.
“Hockey is the most vulnerable and that’s primarily because of the lack of a TV contract in the United States,” said Richard Powers, associate dean of Rotman School of Business at the University of Toronto. “I really do think we’re going to see some contraction and/or relocation. And it’s very likely we’re going to see another franchise in Canada.
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Puck Headlines: Pleading for the Rangers to sign Sundin
Puck Daddy —
... are believed to be hanging on by a thread." You know, those last two thoughts have been floated around lately; are there any, you know, hard facts behind them? [Toronto Star] ...
Tuesday Night Linkage
Fang's Bites —
... Kevin McGran of the Toronto Star writes that the lack of a solid US network TV contract is leaving the NHL venerable in this global recession. ...
PM Roundup: Too Lazy To Think of a Title
The Big Lead —
... Marlins are making moves. The Mets aren’t doing anything. (Jets and Mets)
The Army-Navy game pits friends against friends. So on and so forth. (New York Times)
Some baseball teams are freezing ticket prices. (USA Today)
A very dangerous and tiny man beat up another tiny, less-dangerous man last night. (MMAJunkie)
Reggie Rodgers and his 5th DUI. (PFT)
The economy isn’t great for the NHL. (The Star)
It’s a metaphorical tackle! I get it! Pierce will ...
Why is the Canadian media obsessed with Phoenix's failure?
Puck Daddy —
... He elaborated on Phoenix's economic and fan-support woes in an interview on Fan 590 in Toronto as well; and, a few days earlier, wrote in the Star that the "Coyotes are believed to be hanging on by a thread," before quoting an anonymous broker as saying, "I don't see how you can build long-term support for an ice hockey team when you are located in markets where your fan base can't play hockey." ...
The Possibility of Another NHL Franchise in Canada.
Spector's blog listings. —
The current economic crisis is generating some talk in Canada over the possibility of a currently struggling US-based franchise relocating north of the border. As per Kevin McGran of the Toronto Star: The upside for Canadian fans is that those economic woes could mean
another team north of the border as owners look to the game's hotbeds
as an economic salve. "Hockey is the most vulnerable and that's
primarily because of the lack of a TV contract in the United States,"
said Richard Powers, associate dean of Rotman School of Business at ...
2008 in review: NHL.
Sports Media Watch —
... " and makes very little in television revenue compared to its competitors. As one economics professor told the Toronto Globe & Mail , " The NHL is much more dependent on gate revenue than TV revenue. That makes it more susceptible to the ups and downs of the economy ." The Phoenix Coyotes are already in serious trouble. In late December, the Globe & Mail reported that the NHL was " ...
Story of sports media 2008.
Sports Media Watch —
... FedEx had previously bought ads during the previous twelve Super Bowls. Heading into 2009, there is little doubt that the economy will continue to be a major story. Some sports have already endured their worst case scenarios, such as the AFL. Others seem to be teetering on the edge, such as NASCAR, which depends heavily on sponsorships and on funding from automakers. How will the financial crisis affect sports like the NHL in 2009, which depends heavily on attendance and as such is " more susceptible to the ups and downs of the economy "? How many more events will be cancelled ...
How About a Depression-Led Realignment?
On Frozen Blog —
... present economic recession. This one is global in scope and therefore, many economists believe, far longer in duration. At the heart of the American economic misery is credit malfeasance, and specifically with home lending. Guess which state ranks among the hardest hit? Try one with two clubs in the NHL's Southeast division: "Florida has consistently been among the Top 5 states with the highest foreclosure rates ever since the sub prime mortgage mess exploded." The story in last month's Toronto Star sagely noted the revenue reality confronting the ...
