Good post. I agree on most of those points (not necessarily all). It is ironic since Canada is typically considered the more socialist country in relative terms, but that does not seem to apply in the case of corporate welfare for the most wealthy. I think Canada for the most part has its priorities right, medical insurance for everyone over corporate welfare subsidies to billlioniare owners of professional teams or multi-billion dollar bailouts for the elites on Wall Street. I'd assume some middle class American tax payers would also be upset about some of those issues. I know I would be.
GHOST
I must agree with your agreement. America's plan for quite some time has been to make the middle class unknowingly subsidize the rich and it has recently collapsed on us...
donGjohnson, I just wanted to add something to my above post which you quoted:
Fox X Mulder said in the last thread:
Quote:
I find it amazing that Canadian teams DO NOT get the city to build them an arena. Do not get anywhere near the tax right offs of American teams. Pay far more in taxes. (the Canadiens pay more in municipal taxes than all American teams combined) Earn their revenue in Canadian dollars, yet pay the players in American dollars.
Make up almost a third of the revenue for the NHL and most of the broadcast money, which is shared with all 30 teams. Pay the most for tickets, have less disposable income YET we get shot down when it comes to expansion for whatever stupid reason....and Coyote fans claim they don't support the team because of a lame owner and a lousy team. If I lived in Phoenix, I'd be first in line for season tickets.
Hell of a lot cheaper than any Canadian team.
Good post. I agree on most of those points (not necessarily all). It is ironic since Canada is typically considered the more socialist country in relative terms, but that does not seem to apply in the case of corporate welfare for the most wealthy. I think Canada for the most part has its priorities right, medical insurance for everyone over corporate welfare subsidies to billlioniare owners of professional teams or multi-billion dollar bailouts for the elites on Wall Street.
I'd assume some middle class American tax payers would also be upset about some of those issues. I know I would be.
(BTW, that was one of the main arguments against the gov'ts building an arena for the Jets in Winnipeg back in the day -- the money was better spent on social priorities and not billionaire owners and millionaire athletes; the corporate welfare subsidies in the USA thus had international repercussions.) People talk about Ottawa going bankrupt, but guess what, their initial ownership group had to pony up most of the funds to finance their new NHL arena. That was the back-breaker.
Yeah, I think the right solution is for the city to pay for a part of the construction but as some sort of interest free loan or for a small stake in the club.
"Make up almost a third of the revenue for the NHL and most of the broadcast money, which is shared with all 30 teams."
The broadcaster pays for all 30 teams, not the Canadian teams.
As most of that money is for the playoffs especially the finals , which
lack Canadian teams often.
"Make up almost a third of the revenue for the NHL and most of the broadcast money, which is shared with all 30 teams."
The broadcaster pays for all 30 teams, not the Canadian teams.
As most of that money is for the playoffs especially the finals , which
lack Canadian teams often.
you simply can't be serious with this statement- take the Canadian teams out of the Canadian television equation and there would be no Canadian television contract.
Going back to Blaze's last post where he quotes the so-called "survery" of local taxpayers; you can't be serious in saying this is some type of objective, reliable, scientific survey. Just a quick look at the link you posted reveals front and center that it was something put together by outfits called the Arizona chapter of Americans for Prosperity (AFP-Arizona), "a taxpayer watchdog group committed to fiscal discipline and low taxes", "Intellectual conservatism.com" "Arizona conservative news and opinion. An alternative to the local liberal news media. News, events, and op-eds from and about local conservative organizations and leaders." Then goes right to "Arizona Right to Life" Donation links and the "Right to Life" conference. Then goes right to the links praising the Goldwater Institute. Sure looks like the type of outfits that would conduct an objective, scientifically reliable survey, as opposed to just looking to create a result to support a pre-determined agenda Among many other things, there's a little thing missing from the questions: any refererence to the losses and consequences to Westgate.
Going back to Blaze's last post where he quotes the so-called "survery" of local taxpayers; you can't be serious in saying this is some type of objective, reliable, scientific survey. Just a quick look at the link you posted reveals front and center that it was something put together by outfits called the Arizona chapter of Americans for Prosperity (AFP-Arizona), "a taxpayer watchdog group committed to fiscal discipline and low taxes", "Intellectual conservatism.com" "Arizona conservative news and opinion. An alternative to the local liberal news media. News, events, and op-eds from and about local conservative organizations and leaders." Then goes right to "Arizona Right to Life" Donation links and the "Right to Life" conference. Then goes right to the links praising the Goldwater Institute. Sure looks like the type of outfits that would conduct an objective, scientifically reliable survey, as opposed to just looking to create a result to support a pre-determined agenda
Is there any reliable survey or referendum result that gives insight into how Glendale voters/residents feel about this issue?
you simply can't be serious with this statement- take the Canadian teams out of the Canadian television equation and there would be no Canadian television contract.
Yes, there would. Canadian hockey fans out West followed the NHL religiously long before Vancouver (the first West Canada team) was added to the NHL. My parents and grandparents used to cluster around the TV every Saturday night to cheer on the Bruins. Hell, the B's are still my mother's favorite team.
Yes, there would. Canadian hockey fans out West followed the NHL religiously long before Vancouver (the first West Canada team) was added to the NHL. My parents and grandparents used to cluster around the TV every Saturday night to cheer on the Bruins. Hell, the B's are still my mother's favorite team.
There are a number of Wings fans out in the Plains too thanks to local Detroit TV being picked up as one of the TV stations.
I think however this is akin to the Cubs on WGN having a national following. I also think many Canadians have since adopted their local NHL team but with some loyalty to the older team. (I'd guess that this may be a generational thing, so the people who grew up watching the old teams will differ in preference from the younger generation.)
Nevertheless, it does seem that Canadian broadcasters pay for Canadian content. Most broadcasts feature a Canadian team. Furthermore, the local TV revenue for each market cannot be dismissed. It's probably higher than most US teams receive.
I doubt the majority of Glendale residents feel it's life or death. Look, the fact is most of them aren't going to the games and the people who do show are from the other side of the area. Scottsdale would pass a referendum for the team, but as I understand it Glendale is heavily Hispanic and it's residents are more likely to frequent the shops and restaurants around the arena then the Coyotes games.
And, frankly, the local press coverage leads me to believe that very few people really care. A lot of people compared the Coyotes to a lacrosse or WNBA team.
Yes, there would. Canadian hockey fans out West followed the NHL religiously long before Vancouver (the first West Canada team) was added to the NHL. My parents and grandparents used to cluster around the TV every Saturday night to cheer on the Bruins. Hell, the B's are still my mother's favorite team.
How far back are we talkin' here...When I was young HNIC was a staple on Saturday and (Added in Edit on CTV on Wednesday, but there were only two stations to choose from. I would bet that the TV audiences are much more easily lost these days and if the choice was regular doses of St. Louis vs Columbus the ratings for HNIC would not be what they are at present.
Until August 5th. If Reinsdorf wins, are people going to be angry?
I doubt it, Reinsdorf would be a positive for the league regardless how you feel about the issue, plus there is a feeling on my side of the issue that Phoenix is going to fail regardless and will continue to be a drain on the league, forcing the inevitable outcome of Balsillie owning a Hamilton franchise. Also if Reinsdorf does move the team in two or three years we get several pages of "I told you so"s and tons of laughter at the gnashing teeth of the Phoenix fans at Bettman and Reinsdorf. It's all about the long game....
Yes, there would. Canadian hockey fans out West followed the NHL religiously long before Vancouver (the first West Canada team) was added to the NHL. My parents and grandparents used to cluster around the TV every Saturday night to cheer on the Bruins. Hell, the B's are still my mother's favorite team.
In BC the vast majority of viewers were Habs or Leafs fans. At my house in the 1960's my Dad and I were Leafs fans and my Mom and sister were Habs fans - interesting Saturday evenings eating on TV trays in front of the TV beginning at 5 pm on the wet coast.
Ward Cornell was a fixture:
In those days they did not break for commercials - just a few seconds of graphic overlays:
There were a few people I knew who were not Habs or Leafs fans but they were considered somewhat peculiar - my best friend growing up was a Rangers fan and that was really really strange.
When the Canucks entered the league and were playing on Saturday, it was 5 pm Pacific start to accommodate HNIC because there were no doubleheaders in those days.
I do not recall HNIC games on Wednesday although BCTV began broadcasting some Canucks games on Wednesday night. Bernie Pascall did the play-by-play and Howie Meeker did the colour.
How far back are we talkin' here...When I was young HNIC was a staple on both Saturday and Wednesday, but there were only two stations to choose from. I would bet that the TV audiences are much more easily lost these days and if the choice was regular doses of St. Louis vs Columbus the ratings for HNIC would not be what they are at present.
I don't remember HNIC on Wednesdays in the era I grew up watching hockey (70's). Could you be thinking about Hamilton's CHCH TV which had Leaf games every Wednesday? I loved it back then - you wouldn't have to wait long for the next Leaf game on TV... almost guaranteed Leaf hockey on Saturday and Wednesday nights like clockwork.
- It appears that the US tax code was altered in 2004 to remove the section that allowed depreciation on acquired player contracts. IRC 1056 which allowed the depreciation was appealed in the 2004 "American Jobs Creation Act of 2004". I haven't been able to find any newer sources of information indicating whether a later bill reinstated any of the athlete special considerations, but it doesn't appear to be in the 2004 bill. Of course the revenue code is a nasty morass of so much stuff it's easy to miss something.
- Going through the financials in detail, it appears that the team [Coyotes Hockey LLC] is depreciating/amortizing approximately $1.14m per month against the asset "NHL Franchise, net". That translates to $13.7m/year which fits neatly into the total $17.6m in declared depreciation and amortization for the 08-09 season--the additional depreciation coming mostly from office equipment and IT.
- At the current rate of ~$1.14m/month it would take a little over 4 years to fully deplete the asset if they hold the same run rate.
- Note completely clear where the "NHL Franchise, net" valuation comes from. Working backwards, if the amortization began after the team was purchased in Sep 2006 and maintained the same steady rate of ~$1.14m monthly that would yield a starting value over the $85m original team purchase price. If the depreciation began with the 07-08 season [the first full season following the puchase] that would work out to about $85m initial starting. It's also possible the monthly amortization amounts have changed or the value of the "NHL Franchise, net" can somehow change.
Research In Motion Ltd.'s efforts to secure a contested piece of fallen Canadian tech icon Nortel Networks Corp. looks increasingly like a long shot now that Sweden's Ericsson has successfully bought the business in a court-supervised auction.
But observers say RIM, maker of the popular BlackBerry, can't be counted out just yet.
Ericsson, a telecom equipment giant, revealed yesterday that its $1.13 billion (U.S.) bid for Nortel's wireless division trumped offers by a U.S. private equity firm and European rival Nokia Siemens Networks, which initially bid just $650 million (U.S.).
Waterloo-based RIM did not participate in the bankruptcy court-ordered auction after it accused Nortel last week of shutting it out of the process – a charge the company has denied.
Research In Motion Ltd.'s efforts to secure a contested piece of fallen Canadian tech icon Nortel Networks Corp. looks increasingly like a long shot now that Sweden's Ericsson has successfully bought the business in a court-supervised auction.
But observers say RIM, maker of the popular BlackBerry, can't be counted out just yet.
Ericsson, a telecom equipment giant, revealed yesterday that its $1.13 billion (U.S.) bid for Nortel's wireless division trumped offers by a U.S. private equity firm and European rival Nokia Siemens Networks, which initially bid just $650 million (U.S.).
Waterloo-based RIM did not participate in the bankruptcy court-ordered auction after it accused Nortel last week of shutting it out of the process – a charge the company has denied.
Friday's auction win by Ericsson appears to open the door somewhat for Blackberry maker Research in Motion of Waterloo in terms of fourth generation technology. RIM has been keen to acquire Nortel's LTE patents but, in the bidding war just ended, Nortel did not make these available. Ericsson has purchased only the right to license Nortel's LTE patents. Thus, the patents are still in the hands of Nortel.
Although Nortel has so far shown no inclination to put them up for sale, that may come later -- in which case RIM could make an offer. Prior to Friday's auction, RIM made what appeared to be an informal bid of $1.1 billion for the CDMA and LTE assets actually up for sale, as well as the LTE patents, which were not.
I don't remember HNIC on Wednesdays in the era I grew up watching hockey (70's). Could you be thinking about Hamilton's CHCH TV which had Leaf games every Wednesday? I loved it back then - you wouldn't have to wait long for the next Leaf game on TV... almost guaranteed Leaf hockey on Saturday and Wednesday nights like clockwork.
You know I must be losing my mind because while I seem to have distinct memories of Wednesday Night Hockey back in the 60's, I cannot find any evidence to support this.
I grew up in Edmonton so It was not the Hamilton station you mention but may have been something different from HNIC.
(Added in Edit: The Wednesday Night games were indeed on CTV. They started in 1963-64 when I was 3.
Among many other things, there's a little thing missing from the questions: any refererence to the losses and consequences to Westgate.
on CTV on Wednesday, but there were only two stations to choose from. I would bet that the TV audiences are much more easily lost these days and if the choice was regular doses of St. Louis vs Columbus the ratings for HNIC would not be what they are at present.
