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PWHL Detroit is confirmed. PWHL Vegas has gone from well sourced rumors to leaked. PWHL Hamilton is teetering on the edge between rumored and leaked. All the sourcing being accurate so far means that San Jose being the 12th and final team is very likely.
One reason this is interesting is that it points to a division/conference system and reduced travel being what's guiding this expansion. Well, that and which arena controllers will play ball. Most arenas are paid for and technically owned by the city, but a lot of control/profit goes to team ownership. (Here in Portland we have the Gold Standard of bad deals where if you buy a soda at a rock concert at Moda, profit even from that goes to the Blazers ownership. The Blazers! The only thing surprising about the Blazer's coach recently getting arrested is that I thought they all had infinite legal protection! I didn't think we could arrest any of them!) Edmonton, Dallas, and probably Denver and a few other cities, fell through because the main team's ownership can rent space to the PWHL but can't own the teams outright at this time. (Ten bucks says that both the Red Wings and the Kraken ownership have rights of first refusal on the PWHL teams they share space with)
Arenas paid for by tax payers can't be used for optimal returns for the cities because billionaires can only make some money out of the deals, not all of the money. And people are mad at the PWHL about it, saying they need to change their ownership model, rather than than being mad at the bad deals their city approved. (Again, I live in the city with the worst arena deals, a Live Nation venue being built against the clear wishes of the citizens, but I am angry at the right people... and also if the current Moda remodel funding bill gets cut to necessary HVAC and structural work only I will take a victory lap because I *have* been engaging people one on one to explain how fucked the deal is and comparing it to the actually decent deal Seattle has for CPA)
Anyway, not to defend a guy who is so rich that he committed to funding the PWHL for ten years whether or not it made any money because the entire cost of the league, salaries to travel to space rental, is a rounding error in his bank account, but changing the ownership model at this point would be bad for the league.
Also, at a point it looked like a done deal that we were going to let the Blazers take $600mill from Portland's climate fund to remodel Moda to increase the amount of box seats and high end experiences, reducing overall capacity. We were poised to pour hundreds of millions of dollars into them reducing the amount of seats and making tickets less financially accessible to Portlanders. Fortunately, enough people have screamed about it that it's looking less certain. Now the Blazers are threatening to leave Portland. And I'm like... promise? Pretty please? I will help you pack! I never want to hear/see the words RIP CITY again as long as I fucking live. (The NBA is currently also expanding, Seattle is making a new team... so... move to where? Fuckers ain't got nowhere but here and they need to start acting like it.)
tldr: One reason the PWHL is hype is that they create additional revenue and economic activity for existing city investments. With the ten-year funding commitment it's a negligible risk - very solid reward proposition, if the people who control city assets are willing to play nice
One reason this is interesting is that it points to a division/conference system and reduced travel being what's guiding this expansion. Well, that and which arena controllers will play ball. Most arenas are paid for and technically owned by the city, but a lot of control/profit goes to team ownership. (Here in Portland we have the Gold Standard of bad deals where if you buy a soda at a rock concert at Moda, profit even from that goes to the Blazers ownership. The Blazers! The only thing surprising about the Blazer's coach recently getting arrested is that I thought they all had infinite legal protection! I didn't think we could arrest any of them!) Edmonton, Dallas, and probably Denver and a few other cities, fell through because the main team's ownership can rent space to the PWHL but can't own the teams outright at this time. (Ten bucks says that both the Red Wings and the Kraken ownership have rights of first refusal on the PWHL teams they share space with)
Arenas paid for by tax payers can't be used for optimal returns for the cities because billionaires can only make some money out of the deals, not all of the money. And people are mad at the PWHL about it, saying they need to change their ownership model, rather than than being mad at the bad deals their city approved. (Again, I live in the city with the worst arena deals, a Live Nation venue being built against the clear wishes of the citizens, but I am angry at the right people... and also if the current Moda remodel funding bill gets cut to necessary HVAC and structural work only I will take a victory lap because I *have* been engaging people one on one to explain how fucked the deal is and comparing it to the actually decent deal Seattle has for CPA)
Anyway, not to defend a guy who is so rich that he committed to funding the PWHL for ten years whether or not it made any money because the entire cost of the league, salaries to travel to space rental, is a rounding error in his bank account, but changing the ownership model at this point would be bad for the league.
Also, at a point it looked like a done deal that we were going to let the Blazers take $600mill from Portland's climate fund to remodel Moda to increase the amount of box seats and high end experiences, reducing overall capacity. We were poised to pour hundreds of millions of dollars into them reducing the amount of seats and making tickets less financially accessible to Portlanders. Fortunately, enough people have screamed about it that it's looking less certain. Now the Blazers are threatening to leave Portland. And I'm like... promise? Pretty please? I will help you pack! I never want to hear/see the words RIP CITY again as long as I fucking live. (The NBA is currently also expanding, Seattle is making a new team... so... move to where? Fuckers ain't got nowhere but here and they need to start acting like it.)
tldr: One reason the PWHL is hype is that they create additional revenue and economic activity for existing city investments. With the ten-year funding commitment it's a negligible risk - very solid reward proposition, if the people who control city assets are willing to play nice
