Eleven
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Posts posted by Eleven
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1 hour ago, PASabreFan said:
This about says it all. Under normal circumstances, fans shouldn't worry or even know about this kind of stuff. We have to.
But you don't have to. You choose to. Unless and until one of the teams is in danger of moving--and I don't see that here--you really don't have to worry about anything.
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11 hours ago, Ctaeth said:
People are always so concerned about the Bills backup QB. The Bills, like any other team with an elite QB, are screwed if the starter QB goes down,
Yeah, it's really been forever since a third-stringer led a team to a conference championship game. Like MONTHS, even.
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1 minute ago, LGR4GM said:
Okay stop for a second. He can sell the Bills right this second for 4billion, Bills Mafia is a global brand at this point. Why would a guy invested 1.2 be like, why dont I spend another billion to get the same profit? It doesn't make sense. Also who cares if he sells? Terry could sell the Bills tomorrow and they will stay in Orchard Park.
The Sabres are now his main focus judging by being the President, something he's basically been for years. So if he is selling them, why bother doing all that? Also why would the NHL allow the Sabres to move, it is the closest franchise to Toronto and sorry kids but "media markets" are about to be irrelevant because with streaming, ppl will just watch whatever wherever. The old regional media market idea is going to die.
1. It will be 6B by the time the new stadium opens. maybe more.
2. Don't know what you're doing here, I didn't say anything about anyone moving.
1 minute ago, LGR4GM said:No he would need 100% ROI on spending the extra Billion on the stadium and who knows what the renovations for the arena would cost but same thing applies.
As above...
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Just now, SDS said:
Prove number one. For this suggestion to make sense he would need greater than 100% return on his investment. That’s the equivalent to a perpetual motion machine. Just keep spending money on the team and you’ll get more money than you spent in return.
No? Especially this: "For this suggestion to make sense he would need greater than 100% return on his investment." He already has greater than 100% ROI on each team. A nicer "home" for each team would increase that ROI, I'd think.
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8 minutes ago, PromoTheRobot said:
No one wants to see you poop.
I don't even want to see me do it. That's the engineering trick for the redesigns, though.
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Just now, thewookie1 said:
They wouldn’t stop watching the Bills, it would be more in regards to buying tickets and the like.
The other posters are right. Bills fans don't care about the Sabres as much as you might think.
This thread is going to be a *****-show until preseason.
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5 minutes ago, LGR4GM said:
You don't spend 1billion of your own money on a new stadium when you can sell the Bills tomorrow for 4billion.
Also if you are selling the Sabres, why are you president? You sell because you need money or are disinterested. We know he doesn't need money and we know that he became team pres because he loves hockey.
You spend 1 billion if you're gonna make 6 (or even 4) with a new stadium, though. The total investment--Bills cost 1.2B (that was the purchase price), stadium costs, let's even make it big, 1.5. That's 2.7. Now. he "can sell the Bills tomorrow for 4 billion"? Get it? That's 1.3 in profit. BILLION. Again, not attacking you, just playing devil's advocate.
I don't think that he will sell the Sabres. I don't think that this move is about that. But I also have NOTHING to go on, and none of us do.
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1 minute ago, Mango said:
Terry has largely been an abysmal hockey owner. He bought the team under the guise of "If I want more money I will drill another well". Only to consistently meddle. Make terrible decisions. Plus who can forget the infamous "maintain family lifestyle" slide they presented. I have to admit; if he bought the team with that tag line, drove it into the ground by his own doing, only to sell it and create uncertainty around the teams future in Buffalo, I will be pretty salty.*
That said I hope he at least sticks around to see this current thing through. It would be nice if one of his kids were competent enough to take it over. I believe Laura is heavily involved in the Bills and maybe the next most competent (Jessica) adult in the family is the third ranked tennis player in the world. I don't get the sense that any of the other children are all that capable of the task.
(*, I totally understand their family's current health crisis with Kim. But there has been speculation that he has been trying to sell since before that)You've been drinking PA's kool-aid in the first para.
In the second, do you think Jessie Pegula is going to take time off from pursuing Grand Slams to run football, hockey, and lacrosse teams? Laura might be involved, but what makes you think she is more able than Terry or Kim? Again, I see the kool-aid here.
In the third, really? Where was any *credible* speculation that the Pegulas were trying to sell either team before her illness? That's just plain BS. I don't like people sowing nonsense. I don't think it's nice.
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1 minute ago, LGR4GM said:
So you think that Pegula decided to become more involved with the Sabres and also to have a long conversation with the Buffalo News about the arena renovations because he is going to sell the team? Seems unlikely.
Also, the Sabres are exceedingly profitable for TP. He paid about 200million for the team in 2011 and it is now worth at least 900million. That means in 13 years he managed to double his return twice. Sports teams are exceedingly rare and valuable commodities.
My guess is that TP decided he didn't have time to run both things, that PSE wasn't the great enterprise he thought it would be, and that splitting them apart and allowing ppl to specialize in one or the other works better. Basically due to in part to Kim's health and his age, he decided this was easier and made him happier.
Just playing devil's advocate here to show how much we DON'T know:
1. A new renovation of the arena helps the sale price. (So does a new stadium in OP for the Bills.)
2. Profit and appreciation are not the same thing. Few sports teams are profitable. The appreciation is what makes money.
3. This one is just speculation--and not idle or mean or anything like that--but just speculation. None of us really know, yeah?
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5 minutes ago, TheAud said:
No way to know of course, but my gut says this is the core of it.
They had grand ambitions. All the peripheral stuff beyond the Sabres and Bills were also going to be key components of the family business empire. It was well intentioned hubris, and certainly within the rights of billionaires to pursue. But reality eventually hits billionaires, too.
(1) Making money in music, hotels, food, and fashion is hard. Barriers to entry are low = outsized profits are hard to come by. Outsized profits are what drives enterprise value. Unless lightning struck, these enterprises were always destined to be sidenotes next to the sports entities work north of $600M and $4B.
(2) The ambitious, younger of the two owners is no longer the same person due to medical reasons. The remaining functional owner is 72. He needs to take care of his wife, enjoy his family, and focus on the two sports franchises he owns.
So why does he need PSE anymore?
Now what will happen to the Sabres or Bills is another story entirely and I don't think this announcement leads to anything other than speculation well beyond even my random musings here.
The facts you articulated are beyond question. Very succinctly and correctly stated.
The opinion, well, we won't know at least for a while, if we ever do.
But great post.
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7 minutes ago, PASabreFan said:
I got ya. Do you want to be able to see the game while heading to and from the washroom? I don't see any other reason one would want to or need to be walking around during play.
You have no idea how long I can take in the bathroom if I need to sit down to do my business. I want a view of the game. I want to feel like I'm above the ice. Pooping on the Flyers. Also, a newspaper and cigars.
21 minutes ago, PromoTheRobot said:You're talking about eliminating a lot of prime seating.
I am, but in some of these cities, they are making money off of it. I was at Navy-ND last year in Baltimore, and wow, those premium areas (I charmed my way in; my ticket was a nosebleed) were full, were nice, and people were spending money.
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6 minutes ago, Drag0nDan said:
From concourses - many newer stadiums make it a point that... if you are walking the concourse you can see the field, ice, etc. At least some level of window there.
That indeed is a feature of newer and recently-remodeled stadiums and arenas, but there's no reason that the Arena can't pull it off. M&T Stadium in Baltimore, for example, is only two years younger than the Arena, and handled a similar remodel well. (See my post upthread also; they intend to have more "milling around" areas.)
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7 minutes ago, ubkev said:
Can I just send out Wayne Gretzky and Jonas Enroth?
Yes, but my Hasek and Max will beat you. I mean it. Without passing, Gretzky is neutered by Hasek. Afinogenov, on the other hand, will beat the paddle of ETHRON all day long.
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In other news, @PASabreFan has lost it. He has lost it. He's down four-nothing and he's blown his cool...he's flipped his lid!
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Here is the full announcement: https://www.nhl.com/sabres/news/terry-pegula-sabres-president-organizational-restructure/c-345685802
There's not much to it. It's pretty impossible to tell why they're doing it. Could be a million reasons.
Did the music end of the business ever get off the ground? We know the food didn't do well, and the fashion experiments were, umm...bad. They sold off the Beauts and I don't know how well the hotel and training departments do, either.
Then there's Kim's health to consider, too.
We can speculate all month long if we want to but I don't think we're going to know anything until the next shoe drops, if even then.
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Just now, PromoTheRobot said:
You will just have to stand outside of the United Center and tell me then. I couldn't believe how massive that building is, in every dimension.
I've stood outside of it, and walked around it, many times. Did you read my edit about 5 posts above?
Half of my family lives outside of Chicago. I'm pretty familiar.
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3 minutes ago, PromoTheRobot said:
KBC: 700,000 sq ft
UC: 960,000 sq ft.I'm not going to ask for a source because I don't really care, but you're going to somehow fit one into the other? (Not to mention that you've only got two dimensions going there.) They aren't significantly different in size; they just are not. The difference is negligible. And one is in the fifth largest city in NA and the other is in Buffalo.
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Just now, PromoTheRobot said:
I'll bet they could get most of it inside.
I edited and no way.
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3 minutes ago, PromoTheRobot said:
You could fit the entire Key Back Center inside United Center.
OK let's not get crazy here. No. You could not. It has 700 more seats than the arena for hockey, and it's not as large in circumference (from my experience walking around it and not from any scientific study or anything).
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7 minutes ago, PromoTheRobot said:
Did anyone attend the memorial at KBC today?
I'm sure people did.
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31 minutes ago, Zamboni said:
I forgot where I read it or where it was mentioned… It might’ve been the article… But if they redo the seating… Pegula may ask for the county to step in with tax money. and they are aware of the seating issue… But it was in regards to some seats being in disrepair. And that may not be addressed for a couple years. But as far as redoing all of the seats in the entire arena. It’s a pretty hefty price tag. And in their view not a top priority as of 2023.
It wasn't in the article, as I recall, but this was: They may do away with some seating to allow for more fluid viewing options like in some newer arenas/stadiums/etc., where people can mingle and still watch the game. Think of Heron's Landing at Pilot Field or the clubs at whatever the Bills stadium is called now. The arena has one such area on the 200 level as it is, but it is very small and very restricted--maybe a dozen people. Meanwhile, as early as 1998, stadiums like Fedex Field had cigar bars where one could stand, sit, wander at one's leisure, still with a great view of the game. The ballpark in Pittsburgh has an area like this, too. It's pretty cool.
As for it not being a priority, I remember that being in the article and I'm irritated about it. The seating is the worst part of the arena, followed closely by the sound and the food. The video screen really isn't a priority at all.
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The more I think about it, the more I think the on-rink projector debuted with the current scoreboard in 2007. They definitely used it to show highlights as part of the pre-game presentation. It wasn't just lasers in face-off circles; it was a rink-sized video screen, and it was awesome. Maybe it broke or something?
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1 hour ago, Zamboni said:
Yes they have one. It’s still used at every home game. 👍🏼
I haven't seen it recently--I think I haven't seen it in ten years. And I've been a STH within the last ten years.
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25 minutes ago, PromoTheRobot said:
Every radio station is different. At my current station, we have audio logging software record everything in low resolution just in case someone claims something was said on the air. The drive is large enough to store 3-4 years before overwriting.
I don't know what WGR does. A logger is likely. I don't know if they specifically archive sports broadcasts or how far back they'd go. Obviously recording technology changed dramatically in recent years from the days of tape.
Yep. I don't think the Sabres would have tape of Rick's first TV broadcast. I just would bet against it.
Terry Pegula named Sabres President; PSE separating Bills and Sabres
in The Aud Club
Posted
You're right. There were many more gentle options.