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Forums :: Blog World :: Todd Cordell: 76ers Ownership Group Interested In Purchasing The New Jersey Devils
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rangerdanger94
New York Rangers
Location: NY
Joined: 05.23.2010

Aug 8 @ 11:56 AM ET
Funny that would be news to the nhl

if that was the case why hasnt there been any movement towards that and why is it that finding new ownership isnt so urgent?

Recently again the nhl said the devils financials are stable and they are not worried

did they steal from the ny post?

- dmarsden2988

Yes because the nhl would publicly announce that one of their teams is so unprofitable that they are in more debt than they are worth and that they have no other options but to take them over....if you guys are still trying to rationalize this as fake or inaccurate then idk what will convince you guys that you are in serious trouble.
rangerdanger94
New York Rangers
Location: NY
Joined: 05.23.2010

Aug 8 @ 11:59 AM ET
Every fan base but the NYR are delusional, homers and trolls
- mighty13duck

There you go again going out of your way to try to rip on the rangers and you say that your not an extremist ranger hater
mighty13duck
New York Islanders
Location: New Building. New Owner. New coach Nassau County, NY
Joined: 01.26.2009

Aug 8 @ 12:00 PM ET
There you go again going out of your way to try to rip on the rangers and you say that your not an extremist ranger hater
- rangerdanger94

No ripping the Rangers at all ripping fans like you. You claim to be the "Good guys" but show up whenever a team like the Devils or Isles have a problem. Yet you complain when guys like me or others do it to the Rags.
shvingter88
New Jersey Devils
Location: Puljujarvi makes draisitil and mcdavid better, CT
Joined: 10.12.2009

Aug 8 @ 12:01 PM ET
No ripping the Rangers at all ripping fans like you. You claim to be the "Good guys" but show up whenever a team like the Devils or Isles have a problem. Yet you complain when guys like me or others do it to the Rags.
- mighty13duck

this
Flyers_V88
Philadelphia Flyers
Location: Ajax, ON
Joined: 02.26.2013

Aug 8 @ 12:07 PM ET
this
- shvingter88

The NHL should just be more like the KHL and let don billionaires own teams and spend what they want lol. I do feel bad for teams like the Isles and Devils, to be in the area they are (concentrated with other sports teams).
rangerdanger94
New York Rangers
Location: NY
Joined: 05.23.2010

Aug 8 @ 12:07 PM ET
No ripping the Rangers at all ripping fans like you. You claim to be the "Good guys" but show up whenever a team like the Devils or Isles have a problem. Yet you complain when guys like me or others do it to the Rags.
- mighty13duck

this

But your still an extremist ranger hater that goes out of his way to make fun of the rangers at all costs.
shvingter88
New Jersey Devils
Location: Puljujarvi makes draisitil and mcdavid better, CT
Joined: 10.12.2009

Aug 8 @ 12:09 PM ET
this

But your still an extremist ranger hater that goes out of his way to make fun of the rangers at all costs.

- rangerdanger94

http://www.nj.com/devils/...ranchise_report_says.html
Pete V
New York Rangers
Location: Troy, MI
Joined: 05.16.2007

Aug 8 @ 12:12 PM ET
No ripping the Rangers at all ripping fans like you. You claim to be the "Good guys" but show up whenever a team like the Devils or Isles have a problem. Yet you complain when guys like me or others do it to the Rags.
- mighty13duck


There are Rangers, Islanders and Devils fans on this site that have gotten along for years. There are basically two groups of people -- the groups that just like talking hockey and getting along, without acting like a bunch of tools (while ofcourse engaging in some good nature ribbing). And the group that seems to love just trolling each other back and forth. Everybody has a choice of which group to be in.
matty_ice_30
New Jersey Devils
Joined: 06.25.2013

Aug 8 @ 12:12 PM ET
According to Tom Gulitti, Gary Bettman reports NHL has plans to take over Devils is inaccurate
rangerdanger94
New York Rangers
Location: NY
Joined: 05.23.2010

Aug 8 @ 12:14 PM ET
According to Tom Gulitti, Gary Bettman reports NHL has plans to take over Devils is inaccurate
- matty_ice_30

And paul holmgren told bryz's agent he wont be bought out.
shvingter88
New Jersey Devils
Location: Puljujarvi makes draisitil and mcdavid better, CT
Joined: 10.12.2009

Aug 8 @ 12:15 PM ET
And paul holmgren told bryz's agent he wont be bought out.
- rangerdanger94

http://www.nj.com/devils/...ranchise_report_says.html
_Zippy_
New Jersey Devils
Location: Threw one in front blocked the, NJ
Joined: 01.26.2012

Aug 8 @ 12:20 PM ET
And paul holmgren told bryz's agent he wont be bought out.
- rangerdanger94


Look at Rich Cheres twitter, Devils expected to be sold to the Barroway group or 76ers ownership soon. The reason a lot of the ownership and debt problems are constantly disregarded here is they usually always stem from the NY Post. The NY Post has been constantly proven wrong time and time again. Are there ownership/money problems? Without a doubt. Are they as bad as people make them out to be? Not at all.
TheJerseyDevil1
New Jersey Devils
Location: Brick City, NJ
Joined: 10.05.2011

Aug 8 @ 12:28 PM ET
I'm not sure how the 76ers ownership group would alter how the Devils run things now, but Harris has extremely deep pockets.


you won me over, Mr. Harris
rmdevil313
Edmonton Oilers
Location: Your a (frank)ing fag and I hope you get crippled- Cranny, MN
Joined: 01.05.2009

Aug 8 @ 12:41 PM ET
Look at Rich Cheres twitter, Devils expected to be sold to the Barroway group or 76ers ownership soon. The reason a lot of the ownership and debt problems are constantly disregarded here is they usually always stem from the NY Post. The NY Post has been constantly proven wrong time and time again. Are there ownership/money problems? Without a doubt. Are they as bad as people make them out to be? Not at all.
- _Zippy_


Vanderbeek has exhausted his options of trying to raise funds. It why he is selling the team. He didn't want to, but poop happened. If he didn't sell the team he would risk losing the team to the lenders for nothing.
rmdevil313
Edmonton Oilers
Location: Your a (frank)ing fag and I hope you get crippled- Cranny, MN
Joined: 01.05.2009

Aug 8 @ 12:42 PM ET
Yes because the nhl would publicly announce that one of their teams is so unprofitable that they are in more debt than they are worth and that they have no other options but to take them over....if you guys are still trying to rationalize this as fake or inaccurate then idk what will convince you guys that you are in serious trouble.
- rangerdanger94


Don't worry. The team will just raise its ticket prices substantially thus increasing our revenues substantially. Its a fool proof plan.
mames11
Location: New York, NY
Joined: 03.29.2013

Aug 8 @ 12:45 PM ET
Ahhh...so the Lilly Kovalchuk banishment plot thickens
rmdevil313
Edmonton Oilers
Location: Your a (frank)ing fag and I hope you get crippled- Cranny, MN
Joined: 01.05.2009

Aug 8 @ 1:10 PM ET
Apparently Ozanian did similar poop when the Blues were getting sold in a fairly similar situation...
http://stlouis.sbnation.c...o-resolution-according-to
dmarsden2988
New Jersey Devils
Location: stafford is about equal to rya, NJ
Joined: 03.07.2011

Aug 8 @ 1:17 PM ET
Yes because the nhl would publicly announce that one of their teams is so unprofitable that they are in more debt than they are worth and that they have no other options but to take them over....if you guys are still trying to rationalize this as fake or inaccurate then idk what will convince you guys that you are in serious trouble.
- rangerdanger94




Nhl just shot down that report saying it was inaccurate

no one said the devils dont have some financial issues just that its not near what people are saying or reporting

anything the ny post or taken from the post has to be questioned as they have shown that they arent a reliable source
FAZOOL
New Jersey Devils
Location: Exit 80, NJ
Joined: 04.30.2012

Aug 8 @ 1:20 PM ET
So what impact if any will this have on Lou?
Does he step down during/after the season or does he stick around?
Got that feeling that this may be his last year with the Devils.
rangerdanger94
New York Rangers
Location: NY
Joined: 05.23.2010

Aug 8 @ 1:23 PM ET
Don't worry. The team will just raise its ticket prices substantially thus increasing our revenues substantially. Its a fool proof plan.
- rmdevil313

There is a lot more to ticket prices than supply and demand. There is variable pricing amongst other things . Also, say there are 10,000 seats and the stadium sells out if the tickets are $20 each. Thats $200,000 of revenue. Now say they raise the ticket prices to $30 but only sell 7,500 seats . Thats a revenue of $225,000, $25,000 more even though they sold less seats.
willschulme
New Jersey Devils
Location: NJ
Joined: 07.06.2013

Aug 8 @ 1:32 PM ET
Somewhat related: Based on the pictures promoting the games at Yankee Stadium, Andy Greene will be wearing the A next year.
NickA
New Jersey Devils
Location: Shero's magical sack, NJ
Joined: 10.22.2008

Aug 8 @ 1:40 PM ET
Somewhat related: Based on the pictures promoting the games at Yankee Stadium, Andy Greene will be wearing the A next year.
- willschulme



Well deserved. He works hard game in and game out. Most importantly like Elias, and Zajac he's a guy who wants to be here.
willschulme
New Jersey Devils
Location: NJ
Joined: 07.06.2013

Aug 8 @ 1:47 PM ET
Well deserved. He works hard game in and game out. Most importantly like Elias, and Zajac he's a guy who wants to be here.
- NickA

Agreed. You heard it here, first.
PhillaBully
Philadelphia Flyers
Location: Philadelphia, PA
Joined: 07.20.2010

Aug 8 @ 1:51 PM ET
There is a lot more to ticket prices than supply and demand. There is variable pricing amongst other things . Also, say there are 10,000 seats and the stadium sells out if the tickets are $20 each. Thats $200,000 of revenue. Now say they raise the ticket prices to $30 but only sell 7,500 seats . Thats a revenue of $225,000, $25,000 more even though they sold less seats.
- rangerdanger94

your forgetting concessions + parking plus all the crap people buy.
rmdevil313
Edmonton Oilers
Location: Your a (frank)ing fag and I hope you get crippled- Cranny, MN
Joined: 01.05.2009

Aug 8 @ 2:00 PM ET
There is a lot more to ticket prices than supply and demand. There is variable pricing amongst other things . Also, say there are 10,000 seats and the stadium sells out if the tickets are $20 each. Thats $200,000 of revenue. Now say they raise the ticket prices to $30 but only sell 7,500 seats . Thats a revenue of $225,000, $25,000 more even though they sold less seats.
- rangerdanger94


Yes, which is why there is an equilibrium price which results in the highest revenues. Variable pricing is still related to demand. As with any service based business part of the growing the business is getting a larger customer base and keeping that customer base, so a team might sacrifice a little revenue short term for the long term. Its far from the increase ticket prices --> increase revenues model you tried to explain.
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