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jstewismybastardson
Lord Shitlord aka El cibernauta
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sorry its about 3 years too late:
Read more: Sprint Center doing fine without NHL or NBA franchise - KansasCity.com
One thing Leiweke did promise — and deliver on — was that the arena would be successful with or without an anchor tenant.
Even without an NBA or NHL team in town, the city’s share of Sprint Center revenues last year was $1.8 million, thanks largely to a seemingly endless string of major entertainment events. Meanwhile, the most recent Forbes valuations showed that 33 of 60 NHL and NBA teams had negative operating profits.
And completion of the arena was a key component in keeping the Big 12 basketball tournament in town, not to mention attracting potential future NCAA events.
All things considered, Kansas City mayor Sly James is fine without an NBA or NHL team at the Sprint Center. At a recent luncheon at the Kansas City Club, he said that if a mediocre basketball or hockey team became an anchor tenant there, the city would suffer.
“The trade-off is that teams won’t come to an arena and pay millions,” James said. “They want a sweetheart deal on their lease and locked-up dates.”
Adding an anchor tenant at the Sprint Center certainly could make it difficult for AEG to schedule concerts, which has earned the company a pretty penny. A sign outside the arena is already promoting the Michael Jackson Cirque du Soleil show, even though it’s not until Feb. 21-22.
Could a show like that be scheduled before a NHL or NBA team had set its schedule?
And would a major pro sports team draw as well as some of those entertainment events?
Read more: Sprint Center doing fine without NHL or NBA franchise - KansasCity.com
One thing Leiweke did promise — and deliver on — was that the arena would be successful with or without an anchor tenant.
Even without an NBA or NHL team in town, the city’s share of Sprint Center revenues last year was $1.8 million, thanks largely to a seemingly endless string of major entertainment events. Meanwhile, the most recent Forbes valuations showed that 33 of 60 NHL and NBA teams had negative operating profits.
And completion of the arena was a key component in keeping the Big 12 basketball tournament in town, not to mention attracting potential future NCAA events.
All things considered, Kansas City mayor Sly James is fine without an NBA or NHL team at the Sprint Center. At a recent luncheon at the Kansas City Club, he said that if a mediocre basketball or hockey team became an anchor tenant there, the city would suffer.
“The trade-off is that teams won’t come to an arena and pay millions,” James said. “They want a sweetheart deal on their lease and locked-up dates.”
Adding an anchor tenant at the Sprint Center certainly could make it difficult for AEG to schedule concerts, which has earned the company a pretty penny. A sign outside the arena is already promoting the Michael Jackson Cirque du Soleil show, even though it’s not until Feb. 21-22.
Could a show like that be scheduled before a NHL or NBA team had set its schedule?
And would a major pro sports team draw as well as some of those entertainment events?
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