The Chris Daniels Radio Show Tour Archive

When Chris Daniels breaks some interesting arena news, he hits the airways. Here is a rundown of the shows he did on Tuesday. Occasionally Chris will give a little more context or insight to what was already reported. If you have the time, it is worth a listen.

Michael Grey Show on 710AM

Ian Furness Show on 950 KJR (Good nugget at the 12 minute mark)

The Moj Show on Team 1040 Vancouver BC – Daniels section is roughly the 30 minute mark

Chris was also on 1090 The Fan but from what I can tell, there is no archive. .

 

For good measure, here are a couple articles from main Canadian media.

Vancouver native seeking NHL team in Seattle (Toronto Sun)

Report: Prospective NHL owner reaches ‘non-binding agreement’ with Seattle arena developer (The Score)

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Prospective Seattle NHL franchise owner breaks his silence

Earlier this evening, Chris Daniels from King5, shared info and a conversation with prospective Seattle NHL franchise owner, Victor Coleman. The article was full of important information and is one of the few times we have heard from one of the potential owners. Please read the entire article here and I will break down some of the critical pieces.

PSBJ Survey Crop

Survey results from the Puget Sound Business Journal

First off….

“I think the demographic base (in Seattle) and the desire of the NHL in that marketplace is the perfect match right now.  The expansion of the NHL into the Pacific Northwest, with Vancouver and the presiding area, makes it a perfect fit,” said Coleman.  “There are built in synergies.  That’s a ‘Day 1’ rivalry.”

There sounds great but there isn’t much that a lot of us know. We have had Bettman and Daly both speak well of the market & several NHL governors have spoken highly of the opportunity as well. A ton of you have confirmed this with your desire to purchase Season tickets. It is awesome to hear a prospective owner believe in the market but I expect that from an owner.

Coleman and co-investor Jonathan Glaser, who sits on the board of Hudson Pacific, met face to face with Seattle Mayor Ed Murray and King County Executive Dow Constantine in separate meetings in Seattle.  NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly were also on hand.  The parties all left without an agreement or plan to move forward.  Coleman says he feels like he’s made progress since.

“We have a clear path,” he said.

Key piece here is the last bit. He has made progress since and “clear path”. The City of Seattle’s position and role in this has been a little unclear. Yes, we have heard the Mayor and other city council members say there is no plan to change the MOU. Many reports suggest it is the risk associated to the NHL first vs. the NBA in the case of default and less about the financial (recovery) projections. Specifically, it is the value of an NHL franchise vs. the NBA. Forbes Valuations are historically in accurate but at least you can get a feel for the difference between the leagues (Forbes links: NHL and NBA). If that is the case, the prospective ownership group would need to do something to mitigate that risk. This is responsible by the city and can be resolved under the right situation.

Two sources with knowledge of the talks between Hansen and Coleman say that the two potential owners met in person a couple of weeks ago, and have been actively talking for months. In fact, according to the sources, the two potential ownership groups have signed a “non-binding” agreement which lays out the terms for Coleman’s contribution to the project and his potential revenue streams for a hockey franchise.

That is the money quote from the article right there. We have generally thought this was happening and to hear they could have a non-binging agreement is excellent. The best thing about it is that both Hansen and Coleman are actively working on a solution.

“There is obviously a deal in place that can get done,” said Coleman. “The semantics by which it gets done, and the priorities by which it gets done, are going to depend on city officials, the county, and the Hansen group.”

That just about sums up where we are at. We could be waiting for an NBA team or we might not but it sounds like they are moving to a framework that could land the NHL in Seattle. There is a lot of work to be done here and there are no guarantees so be patient with the League, Potential Owners and Elected Officials. There has been no call to action, rallies or public hearings but when the time comes you will know.

The Blue Jays are in town and out come the Canadians

I have often thought there are a lot of Canadians in the Seattle area. I do hang out in Hockey Circles so that might explain my theory which is obviously biased but I have met plenty that don’t play hockey. Last year I found myself outside Safeco before a Mariners game where I couldn’t help to notice all the Blue Jays Fans walking into the game. I have always thought there have been a lot of Canadians in the area so I looked to determine if there was a material difference in attendance when the Jays are in town. And boy, did I ever…..

TorontoBlueJays2
Over the last 5 years, Toronto has the third highest attendance for midweek games in June-August. And when you exclude interleague games, Toronto has 4 of the the 15 highest attended games in that same time frame. Keep in mind that neither team was playing particularly well over the last 5 years.

Top15 Games

Although it might not be the most scientific research, it implies there are a lot of Canadians in the area that come out for the Blue Jays.

 

Looking in the rearview mirror: Glendale City Council is back in the news

When news broke yesterday that Glendale Mayor Jerry Weiers asked the Arizona state attorney general to investigate the City Council members violation of the open meeting policy, I intentionally did not share or comment on any of news. Whether it be Sacramento, Glendale or Broward County, I try to stay out of other cities local politics. I do not appreciate people from jobingoutside our area to comment on our local issues and it would be hypocritical for me to comment on some other municipalities issues. It is also important to move forward. It is not worth my time or energy looking back unless it involves learning something for the future.  

Over the last 24 hours I received several emails, DMs, mentions and text messages on the news out of Glendale Arizona that makes me feel it is important enough to comment on the news. Here are my thoughts:

  • Let the process play out. I am not an attorney that knows the law or has the details of what transpired. My opinion on the legal issues do not matter. Let the professionals do their work.
  • I feel for the fans and the players. Just when everyone is moving forward and trying to turn this franchise around, they have to deal with this again. 
  • Distraction for the league. If the worst case scenario happens and the contract with IceEdge is deemed null and void, this creates a debacle for the ownership, league, team and city. I would rather see the league & team move forward….(and focus on expansion). 
  • Interesting timing. Is it possible that Jerry Weiers waited until the league and owners had their hands tied so that the team would have to play in Glendale next season without the Operating $ the city is currently required to pay? I don’t know but the timing seems a little interesting. 
  • Could the Coyotes come to Seattle for 2014? No. I don’t know how long the State Attorney would take to perform the investigation. Even if they wrapped it up by the end of July and voided the agreement with the IceEdge group, they could not possibly be up and running by October. 

People that have been here a while or know me on a personal level, know that I have never been an advocate for relocation. I believe in this sport so much that I think it can be successful anywhere. Glendale has failed once and only once. Much like several other teams in hockey hot beds, they deserve a second chance. Lets give them this shot and hope that they are successful. I know plenty of people from Arizona that agree if this chance does not work out then maybe a team can’t be successful in Glendale. In the meantime, I am rooting for a quick resolution to this issue and a turnaround for the Coyotes. 

Broward County hires a consultant to evaluate options for Panthers

News broke Friday that Broward County is hiring a consultant to evaluate options for the Florida Panthers who are currently asking for another $80M in subsidies from the counties to reduce the alleged hemorrhaging of money. As you can imagine, speculation ran rampant from here to Quebec City.

Population of South Florida

Population by city in South Florida

Let’s step back and evaluate how we got here:

It definitely seems like the mayor is on the defense a bit. This is a report from February and it appears that she does not have a solid stance right now, hence the consultant.

There is a couple ways to look at this latest development:

  1. County is being responsible to getting an expert to weigh their options. They will need to pay the arena debt with or without the Panthers so it is good to know the cost/benefit of their options.
  2. The consultant could be paid to tell them the answer they want to hear (i.e. “we can’t afford to let them leave.”)

 

One of my biggest issues with all of this is if the team was hemorrhaging cash, why did Vincent Viola buy the team? Certainly we would have evaluated his investment. I don’t think the Panthers are going anywhere, the team appears to make money for the owner. That said, the numbers may have changed since the full season lockout.

FloridaPanthers Attendance

Attendance has been relativity flat: 2011-12 had a playoff run and 2012-13, all the games were played from mid-January on, a time of year where they draw more fans not to mention it had the excitement of a shortened season. According to Team Marketing Report, the Panthers had the 3rd lowest ticket prices in the league last season only behind Dallas and Colorado (two playoff teams that will undoubtedly see their ticket prices go up.)

If the threat is real, I don’t see Seattle as an option. With Quebec’s new arena near completion, that would probably be the target. The challenges that remain for Quebec are ownership and the Canadian dollar exposure.

NY Post: Gretzky interested in NHL to Seattle. Agent: Not so fast.

Just when we expected to be go into the hockey news doldrums, the New York Post reports that none other than Wayne Gretzky is part of an ownership group that is trying to land an NHL team in Seattle.  2011 Sports Illustrated Sportsman of the Year Award Presentation - Arrivals

Wayne Gretzky has joined a group of investors hoping to bring a National Hockey League team to Seattle, The Post has learned.

The Gretzky group is one of three looking to bring an NHL franchise to the home of Starbucks, sources said — but each faces an uphill battle in that league Commissioner Gary Bettman has not said the league is ready to expand

This would obviously be great news to have someone has high profile as Gretzky to help build a franchise here. But…

Gretzky’s Agent denies his involvement in a “bid”

Just 4 hours later, Sportsnet reported that Gretzky’s agent is saying this isn’t the case:

Darren Blake, Gretzky’s agent, told The Canadian Press in an email that the 53-year-old Hall of Famer isn’t involved in any bid.

“As you can imagine prospective team owners from various franchises call frequently to gauge his interest in coming on board. Seattle is no different,” said Blake.

Sportsnet is using the word “bid” which might be used carefully by Darren Blake. Both articles point out that one of the big hurdles is the arena, and until that is figured out, there really won’t be a bid. As I’ve previously shared, the NHL will need to be confident that a deal can be struck with Hansen and the City of Seattle before there will be a formal bid.

Which ownership group

If Gretzky is part of one of the groups, it is not clear which one. There should be no doubt that Gretzky can not be the lead investor on bringing the team. There has been no indication which group he could be part of should this move forward.

I have updated the NHL to Seattle diagram:

NHLtoSeattle20140705

 

No news from the BOG meeting today….

Hopefully I have set expectations appropriately and this is not a shock to anyone. Right at the very end…like the last 5 seconds. “We’re Not green lighting expansion process today.”

http://video.nhl.com/videocenter/console?id=626448&catid=35&startTime=0

On the bright side, there was no talk about Quebec, Kansas City or Las Vegas either.

I am going to end this post with 3 of my favorite quotes from 2013:

“The research that I have seen tells me that it would be a very strong hockey market. …Obviously if there were a team in Seattle it would create a decent rivalry with their northern neighbor, namely Vancouver.” -Gary Bettman, NHL commissioner
“But I think it’s safe to say we’re very intrigued by the Pacific Northwest generally. Going forward I would expect that to the extent expansion comes into the picture or relocation is needed, I’m sure the Pacific Northwest is going to get serious consideration.” -Bill Daly, NHL Deputy Commissioner
“With the [new] arena in Seattle, we have a once-in-a-lifetime opportunity to put hockey back into the Seattle/Portland marketplace and we have to make a commitment to that.” – Tim Leiweke, Maple Leaf Sports Entertainment CEO