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Post by cougar222 on Mar 8, 2011 18:33:51 GMT -5
Article in SB Nation Atlanta: In a move that should be very attractive to the NHL and NBA as far as leasing an arena (more on that in a bit), apparently one group of prospective owners has been kicking the tires of the Atlanta Thrashers, Atlanta Hawks, and Philips Arena. This apparently has been the news that John Kincade on 680 The Fan has been mentioning for a little while. Per Kincade: I can tell you that the party is VERY excited with the possibility and I believe that we will have some news to report soon. That news will NOT be of a purchase. My best guess is that it will be a request for an exclusive negotiating period to purchase the teams and arena operation. If granted, then you will be introduced to the potential new owner. Honestly, I wouldn’t expect news of a purchase considering all of the issues that have to be worked out with not one but two major sports leagues. This is positive news, though, because this signifies that the Thrashers have an increased chance to stay in Atlanta. By purchasing the team and Philips Arena, the new owners would not only be able to easily subsidize any losses the hockey team might incur with revenues from concerts and the like, they also wouldn’t have to worry about dealing with the city in terms of a lease. More in: atlanta.sbnation.com/atlanta-thrashers/2011/3/8/2038348/thrashers-hawks-philips-arena-might-have-one-potential-new-owner
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Post by JetFuel on Mar 8, 2011 18:40:28 GMT -5
By purchasing the team and Philips Arena, the new owners would not only be able to easily subsidize any losses the hockey team might incur with revenues from concerts and the like If this is the case, why would a new owner not just sell off the money losing hockey team, and make clear PROFIT on "concerts and the like"? Yes, I said PROFIT!
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Post by Gust Avacados on Mar 8, 2011 18:58:58 GMT -5
Who is it? Santa Claus? The Tooth Fairy? Sarah Palin?
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Post by blinky on Mar 8, 2011 19:03:09 GMT -5
That last paragraph doesn't make much sense.
If its oh so easy to 'subsidize any losses the hockey team might incure with revenues from concerts and the like', why have the ASG been so eager to get rid of the hockey team for the past 6 years?
DERP.
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