Skip to main content

Balls Out, Bags In?

Word is coming this morning that Nashville Predators owner Craig Leipold is calling off his deal with Jim Balsillie, and is instead prepared to sell the team to "Boots" DelBiaggio, who has a contract in place to run an NHL team in Kansas City.

As I wrote back in March, however, I still don't understand why Kansas City is such an attractive market for the NHL. Yes, they have a new arena that's waiting for a full-time permanent tenant, and the city is willing to bend over backwards to lure a team. But that market is already saturated with two major-league teams (the NFL Chiefs and MLB Royals), as pointed out by bizjournals.com last year. The Chiefs are well supported but the Royals are nothing more than a AAA feeder team for the rest of Major League Baseball, due to their minimal payroll and tepid fan support. In that analysis, KC ranked as the 5th-most overextended sports market, and was the most overextended market that doesn't already have an NHL team (this spreadsheet has all the details).

Simply put, there's good reason to believe that Kansas City may be the absolute worst place in the U.S. to put an NHL team. There just doesn't appear to be the available disposable income to support the teams they already have, let alone adding a new franchise to the mix.

For Predators fans concerned about possible relocation, there is more uncertainty around DelBiaggio's bid than there is with Balsillie, who said one thing publicly about respecting leases, but whose actions belied a clear intent to move the team to Hamilton ASAP. Is DelBiaggio more willing to play by the NHL's rules, or is he simply more savvy in pursuing his goals than the brash Balsillie? We'll have to see how this develops over the next few weeks.

Also lurking in the background is a potential bid by local businessmen in Nashville, which may come in the next few days. That bid would involve raising a little over half the capital and borrowing the rest, so I wouldn't think it holds as much clout as a cash-in-hand offer such as we've seen from "Boots & Balls".

On the local lease front, the push for support appears to be meeting with some success. New season ticket sales are up over last season, and even some of the players are looking into buying Nashville Predators tickets in an effort to help hit the 14,000 mark and keep the team in Nashville. Local fans still have a chance to prove they deserve to keep NHL hockey in town, and while we're still early in the game, the signs are encouraging so far.

Popular posts from this blog

Cheer up, it's the holidays...

Why is it that various media outlets continue trying to put their own spin on the "what's wrong with the NHL" story? Our latest example comes from The Hockey News , in a piece by Jay Greenburg entitled, "Excitement Level On The Decline." Take the opening sentence: Attendance is down and yet still up from before the lockout, leaving it arguable whether buildings in New Jersey and Florida are half-full or half empty. It's no surprise that attendance is down from last season, particularly if you compare the first half of 2005-06 to the first half of this year. Coming out of the lockout, there were legions of fans starved to see the on-ice product, particularly in light of the massive rule changes. This year is more indicative of business as usual, so the fact that the league is above pre-lockout levels is a positive. Toss in the projection that overall revenues are increasing despite a 1% decrease in attendance, and I'd say that paying fans have come back

How I'm Trying To Make Money Sports Blogging

To kick off this series of articles general sports-blogging articles here at OTF Classic, I think it's best to start with a comment that Brad left here last week, after I shared my goals for 2012 , which include specific revenue targets: I considered diving into the world of internet marketing myself, but I felt that my friends would hate me for bugging them about stuff. I mean, it's pretty low-risk high-reward, so it's tempting. I wouldn't mind reading about tips on how to maximize impact of blogging in general to make it a legitimate income source. Trying to make money at sports blogging can be a very touchy subject - for the vast majority of us, this is an activity we pursue to both exercise our creativity and share our love of the game, whether it's hockey, football, badminton, whatever, with fellow fans. Mixing that personal conversation with a commercial message can turn people off, especially if it becomes too intrusive for the reader. It's not unrea

Celebrating a milestone month

I've been remiss in providing regular updates on my quest to turn this whole sports-blogging hobby into at least something of a significant side income, if not a career, but good news has a way of prompting action. That, and I've been heads-down busy working on a few different fronts to push things forward...