Tuesday, April 7, 2009

The Tuesday Memo

News and Notes from around the Business World of Hockey.

- The Nashville Predators will in fact reach the 14,000 paid average attendance mark for revenue sharing (The Tennessean):
"That's big news for management, because it likely will mean more than $10 million dollars to help the franchise remain financially competitive with larger-market teams."
- Playoff tickets that went on sale yesterday for the Penguins we're snatched up quickly (Penguins.com). From the gist of the article, it seems as all the playoff tickets are sold.

- Former Canadiens Captain and GM Serge Savard says he plans on making a bid for the Canadiens if they do in fact get put up for sale (The Gazette):
“If George Gillet clearly says that the Club de hockey Canadien is for sale, then, if that’s the case, me, I’m ready to do the deal,” Savard told the Montreal newspaper La Presse this morning. “I can complete the deal and buy the club.”
- Gary Bettman said yesterday while in promoting the NHL Awards Show that arena issues are the main hurdles for Las Vegas getting any franchise, but at the same time the NHL has no plans to expand (Yahoo). I also found this little gem involving revenue:

“We have no plans to expand, and I don’t think anybody does in this time frame based on the economy,” he said.

Bettman said the NHL is in sound financial shape, and he expects to see league revenues to increase 5 percent this season. He said that playoff ticket sales and season ticket sales for next season were fine, based only on anecdotal evidence."

5 %? Where did the conservative 1% bet go from the All-Star weekend? That would put the league around an HRR (Hockey Related Revenue) of $2.74 Billion. Wheres the escrow news? Hopefully more on this later.

- Phillips Arena (Home of the Atlanta Thrashers) gets a coveted award for their environmental practices (NHL.com).

- The Lighthouse Project on Long Island took a stumble last week, getting to political to keep it short. But with public outcry heard, the Project is gaining momentum as opposition is dropping (Let There Be Light (House)).

- Finally, the classic Verizon Wireless maternity ward spot:

More later.

BallHype: hype it up!

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