Preds All Take, No Give!! - Xtratime Community
 
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post #1 of 1 (permalink) Old March 21st, 2007, 19:39 Thread Starter
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Location: winnipeg,canada
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Preds All Take, No Give!!

like we didnt know this already, but here, have a read on this:

Preds offend the league, not just Modano
Few, if any teams, enjoy sweeter revenue-sharing deal than Nashville
Tony Gallagher, The Province
Published: Wednesday, March 21, 2007


When Dallas Stars president Jim Lites went off on the Nashville Predators after their refusal to acknowledge Mike Modano's record-breaking goal for an American born player on the weekend, he probably didn't go nearly far enough.

After castigating the Preds for not announcing Modano's goal -- the 503rd of the Dallas player's career, breaking Joe Mullen's record -- he had these frank words about how the franchise consistently takes from others.

"They get more money from revenue sharing than any team in the league, they voted against the new schedule because they wanted to have an easier schedule for themselves. They take and take and take and take and never give back and I'm sick of it."

Preds GM David Poile spoke up in defence of his franchise, but he didn't deny Lites allegations because he couldn't.

Said Poile: "That's extremely unprofessional on Lites' behalf. I can't think for a second that we would ever do or say something like that about Dallas. It's uncalled for and I'm sure we'll take that up with the commissioner."

The Preds take pretty much everything up with the commissioner, whom they seem to own and operate along with a few other small markets that control the league.

But Poile was lucky Lites didn't really get into detail about how this franchise takes and takes, particularly from the citizens of Nashville.

Remember, this is a team that was virtually given a brand new rink at a cost then of $145 million US to the local taxpayers. And then when the ownership complained that the building didn't have luxury boxes, the city snapped to it and threw in $14 million to provide them.

The Preds hardly stopped taking there. Next on their list of demands was 25 per cent of the team's $80 million US expansion fee, for which the Predators kindly agreed to pay the grand total of $50,000 per year in rent on the facility. And because the building is occasionally used for other events, the Preds needed to have a practice facility, which of course was covered in full by the city.

Now you would think that because the city built all these facilities for this team that they would be in on most of the related revenue streams, but that's hardly the case.

The Preds were given all revenue from tickets, board advertising, scoreboard advertising, luxury boxes and parking. On top of that, the Preds get all the revenue from the naming of the rink. The only area where the city gets a sniff comes from concessions, where the Predators get just 40 per cent.

Taxes? Forget about it. The city receives no municipal taxes from the Predators.

The latest money-levering technique employed by this corporate glutton was to demand the right to another $2 million in payments from the city because attendance wasn't at a previously guaranteed level -- the threat being that they would consider moving to another city. Presumably they know a better place to take and take and take.

With all these factors in their favour, many of which the Aquilini family could only dream about, the Predators had a payroll of just $23 million US in the 2002-03 season and still complained publicly that they couldn't make it and that some sort of salary cap needed to be in place so as to drag the high-revenue teams down to their spending level.

Any team with that much going for it spending that little money on players for a remarkably competitive team at the time and still not making a profit should not be in the business.

Yet when Lites -- whose team is paying a goodly part of the league revenue-sharing money that the Preds are scooping up -- has the temerity to speak up, Poile wants to sic their personal attack dog the commissioner on him.

They should be glad Lites didn't tell the whole story in public
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