55fan 5,133 Report post Posted July 26, 2010 (edited) The Red Wings organization isn't the one ripping off other team's ideas here. Since they've lost the title of Second City (population-wise) to LA, they aren't second in anything. Now that they have a Cup, they want to be the second city to use the Hockeytown idea. The tie-in with the Hawks works nicely. They get the joy of winning with the security of hanging on to the coattails of the original. EDIT to add: And think of the money they save by not having to come up with something original! Not only do they get points from the Green People for recycling, they also get some money to buy nice things for the players they are trying to woo despite having to offer low salaries. That's a lot of pizza, dogs, and whatever else they eat there. Edited July 26, 2010 by 55fan Share this post Link to post Share on other sites
Hockeytown0001 7,652 Report post Posted July 26, 2010 Since they've lost the title of Second City (population-wise) to LA, they aren't second in anything. Now that they have a Cup, they want to be the second city to use the Hockeytown idea. The tie-in with the Hawks works nicely. They get the joy of winning with the security of hanging on to the coattails of the original. EDIT to add: And think of the money they save by not having to come up with something original! Not only do they get points from the Green People for recycling, they also get some money to buy nice things for the players they are trying to woo despite having to offer low salaries. That's a lot of pizza, dogs, and whatever else they eat there. Maybe they can lure Keith Tkachuk out of retirement with a contract that includes free deep dish Chicago style pizza. Share this post Link to post Share on other sites
thedisappearer 291 Report post Posted July 26, 2010 It's no mean feat when you're not operating on first overall picks Fact. Call me when you get multiple, or back to back… or don't implode after one. Share this post Link to post Share on other sites
Original-Six 254 Report post Posted July 26, 2010 (edited) Yawn....been there done that. ...It's been a awful long time since Detroit had some good prospects come through since Z and Dats LMAO.....post of the summer. Edited July 26, 2010 by Original-Six Share this post Link to post Share on other sites
55fan 5,133 Report post Posted July 26, 2010 (edited) Don't forget Langer. He was an Olympic medalist too! Edit: I need a better shot of that. Anyway, left to right- Lang, Sammy, Nik, Nick, Homer, Hank Edited July 26, 2010 by 55fan Share this post Link to post Share on other sites
WingNutt 12 Report post Posted July 26, 2010 Another thing that makes me sick, is that the NHL11 cover is going to be the second year for Hawks player being on the cover, last year was Kane, now this year is Toews, stupid s***. I'm not even a big fan or anything but think Steven Stamkos deserved the cover for his play this past season, or why not a red wing?? I could have seen Pavel, Z, or Lidstrom all being a perfect candidate for the cover this season. Share this post Link to post Share on other sites
Hockeytown0001 7,652 Report post Posted July 27, 2010 Another thing that makes me sick, is that the NHL11 cover is going to be the second year for Hawks player being on the cover, last year was Kane, now this year is Toews, stupid s***. I'm not even a big fan or anything but think Steven Stamkos deserved the cover for his play this past season, or why not a red wing?? I could have seen Pavel, Z, or Lidstrom all being a perfect candidate for the cover this season. Stamkos would be a great choice for this year. Chicago better not be the new Pittsburgh. Share this post Link to post Share on other sites
Jett1913 43 Report post Posted July 28, 2010 Jealous? ...1 cup in 49 years and 4 cups in 84 years is HARDLY something to be jealous over. 1 55fan reacted to this Share this post Link to post Share on other sites
Hockeytown0001 7,652 Report post Posted July 28, 2010 Jealous? ...1 cup in 49 years and 4 cups in 84 years is HARDLY something to be jealous over. This. 1 Jett1913 reacted to this Share this post Link to post Share on other sites
Rockitman 11 Report post Posted July 28, 2010 Hawkeytown?! Seriously??? Where did they get that idea?! Mike Hart say's your our little brother... Share this post Link to post Share on other sites
ChitownWingsfan 54 Report post Posted July 30, 2010 (edited) Hawkeytown still in the red? http://www.chicagobreakingnews.com/2010/07/exclusive-blackhawks-finish-stanley-cup-season-in-the-red.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ChicagoBreakingNews+%28Chicago+Breaking+News%29 The Blackhawks ended their season with capacity attendance and record merchandise sales, television ratings and sponsorship revenues, and the Stanley Cup.But financially the team was a loser. Exactly how much money was lost is something team executives will not discuss. One consequence: Season ticket prices will increase by an average of 20 percent this fall, which is projected to rocket them from the second-cheapest in the National Hockey League three seasons ago to among the 10 most expensive, according to the team. And fans should expect "more modest" increases in the future, team owner Rocky Wirtz said. Wirtz first revealed that the team was not profitable in private. "It's going to take four (or) five years before we can actually get back in the black," Wirtz said at an April 19 forum at the Economic Club of Chicago, according to a transcript. "And right now we're still supporting the Blackhawks with our other Wirtz organizations." In a follow-up interview this week, Wirtz said that the Blackhawks ran out of cash several times last season. Each time, he received a memo, known as an internal capital call, in which the team requested money from Wirtz Corp., the Blackhawks' parent company, to cover operating expenses. And at the end of the season, Wirtz said he double-checked that the playoffs did not cover those losses; the franchise remained in the red, the team's accountant told him. "We have multiple businesses and obviously we want every one to stand on its own," Wirtz said. "And what you don't want to do is manage one business from the profit of the other one." But Wirtz pledged he would never revert to the penny-pinching ways of his father. "We're going to do everything we can to win," team President John McDonough said. "We want this to be a destination for free agents. We want this to be a place where players want to play. ... We're going to charter our players (to away games) and we're going to stay in hotels that are going to be synonymous with a first-class operation. When Rocky and I first met, we talked about this commitment." The team now typically lodges at the Four Seasons. Even last season's interns will receive championship rings. The Blackhawks and its parent company, anchored by a lucrative liquor distributorship, are privately owned, so the Chicago Tribune cannot access their financial data. However, the last time a member of Wirtz's family discussed specifics, the numbers were not flattering. Rocky's father, Bill Wirtz, ran the team from 1966 until his death in 2007. Earlier in 2007, Bill Wirtz told the Toronto Star that he had lost $191 million on the team in the last 10 years, including $31 million in the 2006-07 season. Rocky Wirtz said he knew the franchise "wasn't doing well because I could see (Wirtz Corp.'s) consolidated tax return." But in October 2007, on his second day in charge, he learned through an internal capital call that the team was short $6 million to $7 million for that month's payroll. "I was naive enough to think that if we filled the building up that we would be able to turn around economically the franchise," Wirtz said. Weeks later he said he learned the team had close to the lowest average ticket price in the NHL for the 2007-08 season and the second-lowest attendance rate the season before. Wirtz puts the responsibility squarely on his family; ticket prices were allowed to dip too low. Last season, the Hawks' average season ticket price was the 21st-cheapest in the league, according to the team. Since he has taken over the franchise, the turnaround on the ice has been nearly unparalleled in the history of professional sports. It also has been expensive. One of Wirtz's early moves as team owner was to professionalize management, hiring McDonough, then president of the Chicago Cubs. As Blackhawks president, McDonough has tripled front-office staff to 75. He has hired veterans to run business operations (Jay Blunk from the Cubs), ticketing (Chris Werner from Ticketmaster Chicago) and marketing (Dave Knickerbocker, also from the Cubs). Last season the team upgraded accommodations, constructing a private locker room, workout facility and offices at Johnny's IceHouse West, the Hawks' practice facility. The team declined to say how much the addition cost. But Wirtz said those costs paled in comparison to players' salaries, which reached the NHL's $56.8 million salary cap last season. The team is expected to hit its maximum again next season. A 22-game playoff run had to have made a dent, right? Yes, but "it wasn't enough," Wirtz said during the interview at his office. "Every year has been a loss." But Wirtz said he can see "the light at the end of the tunnel" because the team "is losing less every year." Compared with professional basketball, baseball and football, the economics of hockey are difficult. The league operates under a 2005 revenue-sharing agreement. The way it works is that the teams that rake in the most income, generally regardless of expenses, subsidize the teams that generate the least. A drawback is that it disqualified the Blackhawks, because of the size of the Chicago market, from receiving revenue sharing dollars. The primary benefit is that it capped players' salaries -- an owner's largest expense. "The collective bargaining agreement has been a major help, but by no means did it create a league where all teams were going to be profitable from that point forward, or even most of them, quite frankly," said Marc Ganis, president of SportsCorp, a Chicago-based sports consulting firm. Under the agreement, the more the Blackhawks earn, the more they have to share. For instance, the Blackhawks keep ticket revenue from their regular-season home games. But for every playoff home game last season, the Hawks had to give the NHL at least 50 percent of what their gate receipts would have been at a regular-season United Center sellout. And gate receipts are everything in hockey. Ticket sales typically account for up to half of a team's income. "You can technically lose money during the playoffs if you don't raise your ticket prices" for them, Wirtz said. While the National Basketball Association, Major League Baseball and the National Football League also operate under revenue-sharing agreements, professional hockey has a tougher financial road because the sport lacks broad appeal and therefore doesn't command lucrative television contracts. The NBA, for instance, receives about $930 million per year from its national broadcasting partners. In contrast, the NHL receives between $200 million and $300 million per year from Canadian and U.S. broadcasts. Split among the league's 30 franchises, that equals less than $10 million per team per year. Locally, Wirtz and McDonough have made progress in increasing broadcasting revenue. During the Hawks' worst years, the team bought airtime from WSCR-AM "The Score." Wirtz quickly moved to put Hawks' home games on Comcast SportsNet, reversing his father's practice of not televising them. McDonough declined to renew The Score deal and instead signed ones in which WGN radio and WGN-Ch. 9 paid for the broadcasting rights. (Both WGN stations are owned by Tribune Co., which also owns the Chicago Tribune.) Unlike baseball, "where small market teams can get revenue from both television and Internet and a number of other sources," in hockey, that isn't there, Wirtz said. "You have your gate receipt, your local TV and radio package, and that's about it." But the Blackhawks have been able to thrive because Wirtz provides a cushion. Wirtz Corp. includes Wirtz Beverage Co., a five-state liquor distributorship, which Wirtz said has about $1.5 billion in annual sales; an insurance business; prime real estate; two banks; a 350-acre farm; a stake in Comcast's regional sports network; investments in Alberto-Culver, U.S. Bank, Sally Beauty Supply and The Sun-Times Media Group; and half of the United Center. The Bulls own the other half. That means the Blackhawks' rent payments end up right where they started: in Wirtz's pocket. And Wirtz has been able to mine all sorts of synergies between the liquor business and the sports franchise. For the coming season, the Blackhawks plan to add two more bars on the 300 level of the United Center, which are likely to include Wirtz Beverage brands, in addition to the two bars they installed last season. But some benefits are more subtle, such as offering clients free tickets to games and inviting them to spend intermissions at the Wirtz family's private bar in the art deco Sonja Henie Room. Marketers call it the halo effect. "Think about how many times Rocky Wirtz's name has been in the newspaper because of the Blackhawks, and he doesn't have to pay for it," said Bill Brandt, chief executive of Development Specialists Inc. and a bankruptcy expert. "And I'm sure potential clients are going to agree to a meeting, just so they can tell their buddies they were hobnobbing with the owner who just won the Stanley Cup. Making money is the least of the Hawks' worries." But Ganis, of SportsCorp, has a different take. "Business people do not like keeping money-losing ventures on their portfolio," he said. "It's more than pride and ego. It's a business philosophy." Wirtz said the plan is to increase sponsorships, the one traditional revenue source with room to grow; slowly raise ticket prices; draft well; and pay a premium for premium players so the team can contend for the Stanley Cup every year. But he admits that's the hard way. The easiest way to make money from an NHL franchise, Wirtz said, is to sell it. And he has no intention of doing that. He said he plans to leave the franchise to his children "in better shape than I found it." Edited July 30, 2010 by ChitownWingsfan Share this post Link to post Share on other sites
55fan 5,133 Report post Posted July 30, 2010 Very interesting article ^^^. I wonder how the Wings do. Share this post Link to post Share on other sites
Tommy_Like_Wingy 25 Report post Posted July 30, 2010 Another thing that makes me sick, is that the NHL11 cover is going to be the second year for Hawks player being on the cover, last year was Kane, now this year is Toews, stupid s***. I'm not even a big fan or anything but think Steven Stamkos deserved the cover for his play this past season, or why not a red wing?? I could have seen Pavel, Z, or Lidstrom all being a perfect candidate for the cover this season. EA bases their choice on players who actually play their games as well as on ice performance. Stamkos probably plays it, but for some reason I doubt Hank, Pavs, and Lids do. Share this post Link to post Share on other sites
HadThomasVokounOnFortSt 878 Report post Posted July 30, 2010 or why not a red wing?? I could have seen Pavel, Z, or Lidstrom all being a perfect candidate for the cover this season. Doesn't bother me as much, I just make my own NHL covers with Wings players on them. Share this post Link to post Share on other sites
55fan 5,133 Report post Posted July 30, 2010 EA bases their choice on players who actually play their games as well as on ice performance. Stamkos probably plays it, but for some reason I doubt Hank, Pavs, and Lids do. Hank plays one of those games. I don't know which one. Remember him and Selanne? "Zata, you there?" "Bring it on." I don't play them, so I don't know what's what, but isn't there some sort of a curse associated with one of those games? In that case, I'd rather not see our boys on the cover. Share this post Link to post Share on other sites
Jett1913 43 Report post Posted July 30, 2010 if there really is a curse, then i'd love to see more hawks on the cover... while they're at it, they should be on every cover of SI Share this post Link to post Share on other sites
SouthernWingsFan 854 Report post Posted July 31, 2010 (edited) Another thing that makes me sick, is that the NHL11 cover is going to be the second year for Hawks player being on the cover, last year was Kane, now this year is Toews, stupid s***. I'm not even a big fan or anything but think Steven Stamkos deserved the cover for his play this past season, or why not a red wing?? I could have seen Pavel, Z, or Lidstrom all being a perfect candidate for the cover this season. Because EA Sports world doesn't revolve around the Red Wings unlike in here, they got to consider all good players from all teams. Doesn't matter to me if the Blackhawks make a cover twice in a row, I'm not getting hot and bothered by it. Not worried about getting shuned or lack of respect or whatever you want to say. Edited July 31, 2010 by SouthernWingsFan 1 RWRNHZ40 reacted to this Share this post Link to post Share on other sites
cusimano_brothers 1,655 Report post Posted July 31, 2010 Hawkeytown still in the red? http://www.chicagobreakingnews.com/2010/07/exclusive-blackhawks-finish-stanley-cup-season-in-the-red.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ChicagoBreakingNews+%28Chicago+Breaking+News%29 Thanks for the article link; that is a very good read. Share this post Link to post Share on other sites
Jett1913 43 Report post Posted August 1, 2010 just a friendly reminder... you can follow the destruction of hawkeytown here: http://www.facebook.com/pages/Watching-the-Chicago-Blackhawks-implode/135140209851050 Share this post Link to post Share on other sites
Barrie 900 Report post Posted August 2, 2010 (edited) We all know the NHL is in some serious financial trouble and Bettman is a liar, but when he says the league is in fine shape and the Stanley Cup Champion lost money, we know Gary's "full of crap" (to put in nicely)! I'm sure the league was hoping for some revenue sharing money from Chicago to help the even worse off. Maybe it's time to get rid of the cap floor? Edit: Add to that the Red Wings profits are probably down a bit since the Yzerman era ended. There's not enough money to go around with the current CBA. Edited August 2, 2010 by Barrie Share this post Link to post Share on other sites