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 4/26/2010 3:59 PM
 
http://bluejackets.nhl.com/club/page....

Basically it's the owner explaining that the public needs to pay the rent for the Blue Jackets because the Blue Jackets are losing money because of it.

The reality though is that tax payers voted down the arena.  The economy is hard hit, and the last thing anyone wants to do is fork over to support a losing team.

I just don't see city leaders finding money in their budget to pay for it.  Nationwide isn't going to let them play for free.  So then what?  They could take it to a vote, but they already voted and said, "No" and I doubt folks in Columbus would vote yet to a Cleveland like Sin tax.

So what happens?

Based on everything I've read, I think the Jackets will move out of Columbus because they can't be profitable there.  Or the owner will sell to someone who has deeper pockets and doesn't mind the financial burden placed on them.

I don't think the city of Columbus will pay for it.
Even if Nationwide dropped their rent to zero dollars (Vs the 12 million they are paying now) the Jackets still struggle to make a profit.  The market they are in isn't a good one, plain and simple.






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 6/2/2010 10:29 AM
 
 Modified By LarryMac  on 6/2/2010 10:29:39 AM
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 7/19/2010 12:03 PM
 
Columbus Blue Jackets president calls casino tax best fix for team's financial troubles (FOX8.com)

Call it Plan B: the team president thinks that they should tax the new casinos (which, of course, haven't been built yet) to pay for the team.  Because hey, if the people of Columbus aren't spending their entertainment dollars on your product, it only makes sense to tax the product that you think they will be spending their money on.
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 7/20/2010 1:58 PM
 
So does that mean that the casino in Cleveland will be taxed to cover the Browns, Cavaliers and Indians? Come to think of it, I guess it will already be covering the Cavaliers.
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 7/29/2010 10:38 AM
 
Columbus Blue Jackets, Medical Mutual of Ohio Announce Renewal of Corporate Partnership (BlueJackets.NHL.com)

Well, for all of the money problems they have, they certainly manage to keep lining up the corporate sponsors.  If the big issue is that the team needs to rent out the arena since the city doesn't want to pay for it BUT they can line up corporate sponsors with deep pockets then maybe it DOES make sense to relocate them to Cleveland.  However, while Quicken Loans Arena may be the premiere arena in the AHL, how does it stack up against NHL arenas (except for Joe Lewis, which Kevin says blows)?  Kevin?
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