Tuesday, January 29, 2013
The New York metro area has three hockey teams. The Toronto metro area has one, even though in terms of potential hockey fans, it dwarfs the NY area. Toronto also happens to be the most valuable franchise in the NHL.
But this is the best part: they are co-owned by communication rivals Rogers and Bell. This is like Cablevision and Verizon owning the Rangers. From my cheap seats, it seems to me that a split into two teams is a foregone conclusion, and the issue is about how to go about the divorce. How to value the name, who keeps the players (or split them), who gets the old arena, and who gets a new one in the outskirts.? All of that can be priced. Indeed, you can do the classic "I cut, you pick" to guarantee fairness.
I'd love to hear from my Toronto paisans and tell me what in the world am I missing? Could the Toronto hockey market actually be worth more as one, than as two? And could the current owners really bank on being able to block a second team from coming in, rather than pre-empting the effort with an amicable split into two teams that they'd each own?
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• 2013/01/31
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Hockey
Monday, January 28, 2013
This guy has been speaking with common sense and humility since he was at least sixteen years old (if you can find that interview, I think you'll be impressed by the way he spoke). And he still has a great perspective:
"One of the things I'm most proud of is that as a family we're able to spend June, July and August together on a lake house. It's something my wife and I always dreamed about," Gretzky said. "Fortunately, we found a tremendous place in Idaho and we love it. One of the reasons I don't think about going back to work now is I don't want to give up my June, July and August. From my point of view right now, selfishly, I don't want to give up that time, so that's how I keep coming back to the time is not right for me to be in the game. It's as simple as that."
However, Gretzky admits it's hard to fill the void of competition in his life.
"I miss winning," Gretzky said. "What I'm doing now, whether it be my wine company or my restaurant, you plug along every day and you try to create ideas to better your brand or your company. But ultimately, there are no peaks and valleys. Being a professional athlete, it's all about peaks and valleys. If you win it's everything, and if you lose it's gut-wrenching. You're paid to play, but you're paid to win."
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• 2013/01/28
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Hockey
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