AEG vs. MLSE

[MightyMike]

You can bitch about AEG all day long but at least they had the guts to do the right thing and hire REAL hockey people and accept growing pains.
You just have to take a peek at the Mapleleafs situation to get an idea how bad it COULD be........

What was obvious in late November is even more obvious now – the MLSE board is paralyzed to act because it doesn't know where to turn, how to turn or whom to turn to.

http://www.tsn.ca/blogs/mckenzie/?id=227069

[hamhed]

To be fair AEG has a lot more to gain from their team winning a cup than MLSE does. Every Leafs game sells out, merchandise flys off the shelves and the hockey media is eternally fixated with the team. Moneywise they can't really be expected to do much better, and the owners of MLSE(the Ontario Teachers Pension fund) are happy as long as the cash keeps rolling in.

AEG on the other hand isn't doing nearly that well. AEG saw how well the Kings were received in '93 when they didn't even win the cup, and dream about all the cash they could rake in if the Kings were serious contenders. Think how much cash they could make in a big city like LA with the same level of excitement about the team that they have in Toronto. AEG is willing to take a risk with a rebuild in hopes of striking gold, while MLSE sees no use for a risk when they already have gold.

[MightyMike]

Originally Posted by hamhed

To be fair AEG has a lot more to gain from their team winning a cup than MLSE does. Every Leafs game sells out, merchandise flys off the shelves and the hockey media is eternally fixated with the team. Moneywise they can't really be expected to do much better, and the owners of MLSE(the Ontario Teachers Pension fund) are happy as long as the cash keeps rolling in.

That's right, nevertheless it's not a very profitable situation the MLSE is in and i guess the MLSE board is starting to get nervous.

Originally Posted by hamhed

AEG on the other hand isn't doing nearly that well. AEG saw how well the Kings were received in '93 when they didn't even win the cup, and dream about all the cash they could rake in if the Kings were serious contenders. Think how much cash they could make in a big city like LA with the same level of excitement about the team that they have in Toronto. AEG is willing to take a risk with a rebuild in hopes of striking gold, while MLSE sees no use for a risk when they already have gold.

As far as i can judge it from a very long distance AEG is making their money with real estate development and the Kings are just a mean to that end. If they make some profit by beeing successfull that's a nice add-on but the most important thing is making tons of money from the real-estate.