Didn't want to create a new thread for this, and there didn't seem to be a thread in the teams in trouble area...
25 million dollar band-aid on the NHL sore in Phoenix...Oops...another wound...
Report: Blue Jackets Lost $25 million Last Year
According to a report by the Columbus Dispatch, The Columbus Blue Jackets are projecting losses of approximately $25-million for the 2010-11 season.
The Blue Jackets had both their highest payroll in franchise history and their lowest attendance record during this past season and have lost roughly $14-million in each of the past two seasons. The team expects $12-13-million in revenue sharing from the NHL this summer, but because it didn’t average 14,000 fans per game and didn’t match the NHL’s revenue growth rate, the franchise will lose 25 per cent of its revenue-sharing check from the NHL.
With two teams in Phoenix and Atlanta already on the verge of relocation, Columbus would seem to be next in line. But Blue Jackets President Mike Priest would not comment on the team’s future in Columbus except to say: “(Majority owner) John P. McConnell is committed to winning and building the best franchise, and he’s committed to finding a resolution.”
According to the report, the Blue Jackets have lost at least $80-million over the six seasons since the NHL lockout, which is close to the same price that late majority owner John H. McConnell paid for the expansion franchise from the NHL in the late 1990s.
The Blue Jackets have been in the league for 10 years and have only made the playoffs once, being swept in the first round by the Detroit Red Wings in the 2008-09 season.
I dont get why Columbus is losing money. Theyre in a northern state, have some fans. They shouldnt struggle.
The team hasnt ever been very good, perhaps thats why?
Columbus us a fairly small market itself (Wiki says its 780,000, not sure how many in outlying areas) and is home to THE Ohio State University, which is king in that market.
Plus one playoff appearance ever.
I live in the heart of Columbus and I agree, The Ohio State University is king. Columbus isn't a hockey town and most likely never will be. The fans in Columbus are either die hard or extremely fair weather. The best attendance they get is from High School/College kids who can get lower bowl tickets for $25 or on an evening when people go out such as New Years Eve because they are already in the Arena District. Columbus doesn't deserve a team but much more stable than a team like Atlanta, Florida or Phoenix.
kenas10: Go Jets Go! Here we are 7 years later starting the Conference Finals against the Las Vegas Knights! I'm still a season ticket holder, have been since day 1. I was KennyS and was on the forum the whole time!! Blast reading all of this. Go Jets Go!
May 11, 2018 19:46:11 GMT -5