Wednesday, October 23, 2019

Wednesday Bullets: Canadian 'news'


• With Prime Minister Justin Trudeau winning a minority government on Monday, my prediction that he will be the Canadian Prime Minister 20-30 years, total not necessarily consecutive, is still in play.

• Some local Canadians need to show humility and admit that they often do not know the difference between fit and thin in a human being. Medical science has informed me I am fit (muscular and stocky) and not thin. Some people are fit and thin. I admittedly have a big head, but thankfully by God's grace, earned a PhD with it. I should start doing martial arts, weapons, workouts with some folks and we shall see who is fit, in at least one sense.

Silversevensens October 23 2019

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By Colin Cundmore

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The Ottawa Senators Are Not Moving  

Don’t let the declining attendance fool you — the Ottawa Senators are here to stay.

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Attendance for the Ottawa Senators hit an all-time low earlier this month. Since crowd size first started being tracked by the NHL in 1997, the lowest attendance at a Sens game before 2017 was 13,323 — a mid-November game against the Florida Panthers.

• The club is well-documented to be in a rebuild and not likely a playoff contender. This situation does not bode well, at this point, for Canada's only suburban National Hockey League club, attendance wise.

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There are plenty of factors for why attendance is at an all-time low — the government can’t give tickets to public servants, the arena’s in the middle of nowhere, the Ottawa Redblacks have provided competition in the sports entertainment market... the list goes on. Naturally, the conversation shifts to Ottawa’s stability as an NHL-supporting market. If the fans won’t continue to show up, could this spell the end of the Senators?

 • No, they are not moving, for one reason, for example, the team is still profitable...

 Forbes
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In terms of profitability, the team’s revenue and overall value has slipped in the last few years following the same trend as attendance. Prior to that, however, the Senators were right in line with the average growth of the NHL. LeBreton Flats offers a huge opportunity to bring back some of the lost growth.

• By LeBreton Flats, there is a business opportunity, still in process for the Ottawa Senators to move downtown as are the other six Canadian clubs with reasonably new, modern buildings.

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The team also has a major opportunity right in front of them to boost their value in LeBreton Flats.

 • It seems to me, the club has embarrassed the nation of Canada somewhat, media and fan wise. This through controversial ownership and sacrilegiously in Canada, not selling out every playoff game in Ottawa.

 • Many reasoned that Hamilton, Ontario should have been chosen over Ottawa in the 1992 League expansion. As well, the Quebec Nordiques relocated to Denver in 1995, and it seems that a significant number of Canadians in the media, online and 'on the street', would prefer, if Canada only has 7 National Hockey League clubs, that Quebec City replaces Ottawa. An assumption being that Quebec and its new downtown building would better support a team than would Ottawa.

 • To support the League, which I have often been critical of, according to my graphic in 2018, Metropolitan Ottawa had a 2018 population of 1.3 million, this compared to Quebec City at unicef 2019 820,752 in 2019. Approximately, half a million more people live within the metro capital of Canada over the metro capital of the Province of Quebec. Ottawa is the stronger market, especially with a likely downtown building future.

• To be clear, I was sad when the Nordiques left Canada in 1995. I used to watch them on CBC French (CBUFT)! I lost interest in watching the Stanley Cup playoffs until 2000, mainly because we lost two clubs to America (now only one with Winnipeg returning in 2011). But, with a new franchise fee of between 500 million and a billion USD for theoretical future expansions, for me this may be too expensive for Quebec City, that I would deduce would have a franchise value of roughly the same as Ottawa and Winnipeg.  Presently, appropriately 400 million USD, and Ottawa and Winnipeg are already in the League and established.

• I really hope that Quebec City lands a relocated team, from one of the few weaker, non-profitable American markets. But, the club needs to be profitable and a contender and avoid the mistakes of the past which led to relocation.