Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
http://thehockeywriters.com/pittsburgh- ... le-future/
This article is likely where all the talk is coming from about the team potentially being sold in the near future. Worth the read if you have the time.
This article is likely where all the talk is coming from about the team potentially being sold in the near future. Worth the read if you have the time.
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Yeah, as always, Colligan is a good read. He has a background in financial writing, so he may have some insight on what Burkle will do if the Pens start losing money - no playoff revenue, end of sellout streak, and so on.
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
I've said numerous times this season that the Pens will be sold in the next few years. It just makes too much sense.
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
I don't know much about the business side of hockey... if the team is sold, is there a chance of them moving?
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Yea....I don't think so. With the market here, new arena, new everything - I don't even know if the NHL would allow it.I don't know much about the business side of hockey... if the team is sold, is there a chance of them moving?
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Don't they have a lease at Consol?I don't know much about the business side of hockey... if the team is sold, is there a chance of them moving?
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
No. The team has a 30 year lease at the Consol once the arena was built.I don't know much about the business side of hockey... if the team is sold, is there a chance of them moving?
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Ah, that's what I was googling and couldn't find. Thanks.No. The team has a 30 year lease at the Consol once the arena was built.I don't know much about the business side of hockey... if the team is sold, is there a chance of them moving?
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
So they'll be moved after the 30 year lease is up?No. The team has a 30 year lease at the Consol once the arena was built.I don't know much about the business side of hockey... if the team is sold, is there a chance of them moving?
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
The bigger (and more immediate) potential issue would be new ownership not being as willing to spend up to the cap every year.
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
If we are drafting better that's not going to be a problem. You shouldn't be near the upper limit anyways until after the trade deadline. If you are in trouble in November like this team has been recently then your organization will have problems.The bigger (and more immediate) potential issue would be new ownership not being as willing to spend up to the cap every year.
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Well, you don't always have to spend to the cap to have a play-off team....(without looking at any of the rosters)The bigger (and more immediate) potential issue would be new ownership not being as willing to spend up to the cap every year.
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Of course not, which is why I only qualified it as a potential issue. But as long as you've got three guys in Sid, Geno, and Letang making some serious long-term coin on your roster, you're not going to have a ton of wiggle room. If there's ever a true, clean regime change though (i.e. people who'd be totally cool in jettisoning off terrible contracts like Kunitz and Scuderi, regardless of their "tenure" or what-have-you) then yeah, we as fans should be able to breath a little easier even if new ownership were slightly more frugal.
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
What's this talk in there about the Pens almost not selling out game 7 last year about?
This is the 3rd place I've seen it mentioned.
This is the 3rd place I've seen it mentioned.
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Maybe the Nuttings will buy the Pens...
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
People think they will sell the Pens based on the speculations of a blogger?
Yoi.
Yoi.
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Great time to release an article like that, with the pens free failing and a chance to miss the playoffs you are going to get a lot of traction with your article than you probably normally would.
That said, i always figured Burkle and Lemieux would sell at some point they as he said they have been playing with house money at this point, if they sell the pens for $500 million say, i think they each pocket between $150-200 Mil based on the other owners in the group. That is a nice chuck of change
One thing that i find amusing is the whole thing about the tickets. Every successful franchise goes through a ticket fatigue, tickets get priced to high, fans get used to the team winning games. The pirates might be the new hot ticket, but i bet an average season ticket package for them is cheaper than the pens. If you want season tickets why wouldn't you jump over and get ones that are cheaper and you get more games
That said, i always figured Burkle and Lemieux would sell at some point they as he said they have been playing with house money at this point, if they sell the pens for $500 million say, i think they each pocket between $150-200 Mil based on the other owners in the group. That is a nice chuck of change
One thing that i find amusing is the whole thing about the tickets. Every successful franchise goes through a ticket fatigue, tickets get priced to high, fans get used to the team winning games. The pirates might be the new hot ticket, but i bet an average season ticket package for them is cheaper than the pens. If you want season tickets why wouldn't you jump over and get ones that are cheaper and you get more games
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
Dejan covering for Mark Madden basically said that article was made up. He also claimed that he has never seen two owners so on the same page, thats its almost scary how they think exactly alike
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
To be fair, Colligan's a pretty good writer in terms of providing info & perspective. Definitely better than the Yohe/Rossi crowd.People think they will sell the Pens based on the speculations of a blogger?
Yoi.
Fully get your point, but it's not like we're using a source like Eklund.
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
In the writers defense, I think he made it clear he is speculating based on the circumstances.Dejan covering for Mark Madden basically said that article was made up. He also claimed that he has never seen two owners so on the same page, thats its almost scary how they think exactly alike
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
I think he made it clear that he was just speculating on the circumstances. He wasn't "reporting" anything and definitely didn't state that "sources" told him that this would happen. I think he was just looking at the situation and wrote an article on what he could see happening.To be fair, Colligan's a pretty good writer in terms of providing info & perspective. Definitely better than the Yohe/Rossi crowd.People think they will sell the Pens based on the speculations of a blogger?
Yoi.
Fully get your point, but it's not like we're using a source like Eklund.
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Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
This is exactly how I took it.
I think he made it clear that he was just speculating on the circumstances. He wasn't "reporting" anything and definitely didn't state that "sources" told him that this would happen. I think he was just looking at the situation and wrote an article on what he could see happening.
Mike Colligan Article - Mario Lemiuex, Ron Burkle, and the future of the Pittsburgh Penguins
That's a lot of words for no actual substance. The only thing I learned is that Mario is building an expensive house in Montreal.
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