Penguins Find Arena Funds

The Pittsburgh Penguins’ partner in a proposed $1 billion development at the site of Mellon Arena is willing to put up $290 million to pay for a new, 18,000-seat home for the National Hockey League team.

74 Responses to Penguins Find Arena Funds

  1. V3n0m says:

    Can’t you *****ing read? I replied to your comment saying: “… the greatest game played by a candian player since… I don’t know since when it was so great.” I implied that if you think that was the greatest game played by a Canadien player in your obviously short-term memory, you’re proverbially wet-behind-the-ears when it comes to hockey.

    As you can see, you didn’t say it was “one of the greatest.” You said it was the greatest.

    Oh, and I did see the game. Big whoop. The Habs actually came back in a game. Let’s have a parade!

  2. V3n0m says:

    Hahaha, if Kovalev has been a true leader for the Habs, they’re in big trouble.

    Please, don’t read too much into this one game. Games like this happen for all teams during the regular season. It all balances out at the end of the day.

  3. V3n0m says:

    No, it would be hard to bring in fans because they’re not big population centres. Honestly, how do you expect 17000-19000 people to show up on a consistent long-term basis in PEI? C’mon, lay off the drugs.

  4. tmeyers says:

    Wouldnt it be ironic if this team ended up in Hartford?

  5. jarcpitre says:

    Crosby87! Crosby is from Cole Harbour N.S. So you like dumb asses. Canadians are the best at Hockey period!

  6. habfan1160 says:

    I do not think that NHL hockey could survive in Winnipeg again, even though I would likle it to happen. The arena is too small and, unless Bettmen realizes that the NHL is a gate-driven league, no team will move to Winnipeg. Other cities ahead of Winnipeg are probably Portland, Seattle, Las Vegas, Houston, and Oklahoma City.

    You are right with Kovalev. This time in his career and on this team his a true leader. Unlike the other time when he went to the Rangers, this move was not for money. He wanted to play in Montreal because of the atmosphere and attention hockey receives during the course of the year. He worked out extreamly dilligently during the lockout and came back 15 pounds stronger, which has clearly shown up in his game. I could even label him as a power-forward, which is what the Habs have lacked for ever and anon. Moreover, I do not think it is a mere coincidence that the Habs were 4-6-3 without him and 13-3-3 with him in the lineup. He singlehandedly, at times, lifts this team above mediocrity and makes them a legitimate contender for one of the top four spots in the East. Another example of his leadership abilities occured in a game against the Boston Bruins earlier this season. He was a catalyst for a comback win of 4-3 and wipped-out 6’7″ Hall Gil with a thunderous check. In short, he is a leader and was what the Habs were missing during their tailspin. Lastly, He brings the confidence and abilities of his teammates to another level.

    GO HABS GO!!!!

  7. habfan1160 says:

    Despite your desire to see more NHL teams in Canada, those markets could not be made feasible. They could not support AHL teams, so what make you think that they could support top-flight professional hockey? The only cities in Canada that would have a legitimate shot at an NHL team are Regina, Winnipeg, Quebec City, and Hamilton.

    BTW, I am a Canadian who would love to see more NHL teams in Canada but the markets you mentioned would not have a chance.

  8. habfan1160 says:

    If a team were to play in PEI than a team would have to be placed in Burnaby, a city with 2.5 times the population of PEI, or any other city, or region, in Canada with 135,000 people.

  9. V3n0m says:

    None of those cities have legitimate shots.

  10. Labrosse says:

    idiot i said i can’t remember a greatest doesn’t mean it’s the greatest and it’s jsut a fuc**** expression to say it was a heck of a performance why do you absolutly wanna contradict this! he played a fuc*** great game that’s it you’re probably a sens fans…. stop crying you’ll win other games

  11. Marky2Fresh says:

    What about London, I think the city and the surrounding area have a population of about 800,000

  12. guinsfan4life says:

    Actually in the city of pgh here, it is as simple as that. THe penguins, opposite of the pirates and steelers, have offered to use the money from gambling and such to finance an arena. Rumors are swirling that campaign contributions that were made in excess of 150k to Gov. Ed Rendell are going to be repaid in the form of a slots license.

    Lemieux is clearly looking out for what is best for the city in this regard.

  13. V3n0m says:

    Please, the fact you claim you “can’t” remember a better game by a Canadiens player simply makes one ask the question again: When did you start watching hockey? 2 years ago?

    Fact: There have been many other games by many other Canadiens players that have been much better. What else am I (or anyone else) supposed to assume, other than that you haven’t been watching hockey for very long, when you make an idiotic comment like that?

  14. V3n0m says:

    Too close to Toronto. It’s not just about population, it’s also about territory (which is why Hamilton was denied a franchise).

  15. pensfanalltheway6687 says:

    Heck, I’m an American and I agree with you!

  16. Bluesman says:

    The Buffalo area is in terrible economic straits (their CSI unit is disbanded, SVU now runs part-time, dozens of police and teacher layoffs) and it’s puzzling how they can still get 2/3rd full into HsBC Arena. Moving up to Hamilton or London would put the Sabres into a more healthy economy and accessible to more of their fans who would no longer have to deal with US Homeland Security. Plus the territorial has already been paid to the Leafs and the Red Wings (yeah, they got a small cut).

  17. Bluesman says:

    Dude, the Penguins aren’t the only US-based team in trouble. With no more public welfare due to cities, counties and states being in the red, and people not showing up at the ticket counter nor in front of the TV, a lot of teams have to flee for greener pastures and there are few left in the US, such as Kansas City (interested ownership group), Houston, and Portland, Oregon (but an external owner is needed, Paul Allen no longer owns the Rose Garden and there is NO local interest here in the Rose City – yah, I’m there, don’t argue with me!). The next five years will be franchise survivor with three teams moving around the US, three teams moving to Canada and maybe up to six folding outright.

  18. Bluesman says:

    The Flames don’t look like they’re moving anywhere and there are not enough viable cities in both the US *and* Canada for all the teams that will need to move. We’re going to see a period of NHL Survivor with three teams moving around the US, three to Canada and 4-6 folding outright.

    Canada-based franchises now have relief from an overdue correction of the overvalued US$ and revenue streams not previously available to the Jets and Nords like regional TV coverage, as the Pens have on the local FSN outlet and every other US-based team.

  19. Bluesman says:

    Please share your business perspective with us. As I see it, there are not enough viable relocation markets in either the US or Canada … three US, three Canada and that’s not enough for all the teams that will need to move (n.b., I want to preserve a 30 team league). We may even see 4-6 teams fold in a Survivor-like fashion.

    The overvalued US$ has seen a correction in the last couple of years and the C$ is now rising of its own right, up against the Euro lately as well as against the buck. The Canada-based teams now have “regional” coverage on cable that they did not have before. The US teams are losing public subsidies, have attendance problems, and nobody is watching either the national nor local cable coverage.

    One knock on Winnipeg is the new arena seating only 15,000 … but wait, now many teams have 15,000 as average attendance? Don’t wave last weekend’s NYR-NJD sellout at Meadowlands in my face … now many went there on the Wednesday previous to see the Devils host the Panthers?

  20. Bluesman says:

    I don’t think that the Pens will be the ones moving to Winnipeg, either. The NHL will be in bigger trouble 2-3 years down the road and someone like the Panthers or even the Coyotes will be available on the distress market for less than the US$50 Million that the Jets were sold for a decade ago. After all, $60 Million was the price that the Sabres and Ducks sold for the past two seasons.

    Kansas City has an interested ownership group that is willing to overpay and the timing fits with the end of the Pens’ lease. The only risk is that the Blues jump in first (they’re for sale, the leading buyer is more interested in the arena lease to use with a NBA team). Portland, Oregon requires an external owner since Paul Allen lost interest in the NHL after two tries and, a year ago, lost the Rose Garden. The Garden’s new owners are eager to fill dates and would cut a deal with a new Pens owner like Boots del Biaggio, especially if the Trailblazers are sold and leave town (e.g., St. Louis) as they are now in court over their “bad lease'”.

    Even if the Penguins get their new arena (and good luck, I really mean it), I have concerns on whether they will get the skybox and ticket sales they are hoping for. In Portland, a third of the skyboxes at the Rose Garden are unsold. Portland is young and growing (albeit still in hangover from the tech bust) while Pittsburgh is aging and shrinking, so who will buy the skyboxes?

    The Pens’ $7 Million loss projection for this season is based on complete sellouts for every game and Fleury not meeting his bonus milestones. Neither look to come true.

  21. bmac says:

    ya move it to winnipeg great idea. why not move it to iowa while you are at it. the pens arent going anywhere. they are going to remain in the burgh. the pens WILL get their arena.

  22. Bluesman says:

    In hindsight, the best move probably was to have sold the team to Paul Allen, settle with Mario for the balance of his money owed, and relocate to Portland, Oregon.

    Not that the team would not be in a similiar predicament now, as a money loser. Portland’s economy is now only marginally better than Pittsburgh, having suffered from the tech slump. A third of the Rose Garden skyboxes are unsold (which makes me pessimistic about the Pens future in Pittsburgh with a new arena) and Paul Allen gave up the arena to bankruptcy a year ago, with his Trailblazers now unhappy renters. But Portland has upsides, a young and growing population plus the modern arena, that Pittsburgh lacks.

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