Feb 19, 2014, 8:37 PM EDT
Remember when the new owners of the Florida Panthers asked Broward County for money because they claimed to be losing $20-$30 million annually? Politicians there reportedly support the plan to help out the franchise.
Brittany Wallman of the Sun Sentinel reports six out of eight Broward County commissioners support a plan to give money to the team to help make sure the team stays in South Florida. The Panthers are asking for an extra $80 million.
Team co-owner Douglas Cifu said the money is needed because they’re bleeding money even worse than what was previously assessed.
“We’re losing $100,000 a day,” said Cifu. “So where I sit, time is of the essence.”
The one good thing going for the Panthers is they have one of the best lease deals in the NHL. Concerts and other events at BB&T Center are making money for the team and the deal runs through 2028.
Working against the Panthers is the amount of debt left to pay on the arena, totaling around $225 million. The team is looking to get a break on payments against that through money taken from tourist taxes that have produced more money than they expected over the years.
Aug 19, 2014, 11:00 PM EDT
It’s been a good summer in Dallas.
Aug 19, 2014, 10:00 PM EDT
Yeah, we don’t get it either.
Aug 19, 2014, 8:45 PM EDT
He’s not going out of his way for it, however.
Aug 19, 2014, 7:30 PM EDT
You earn a lot of votes winning a Stanley Cup.
Aug 19, 2014, 6:30 PM EDT
He had a down season and worse playoffs last year.
Aug 19, 2014, 5:30 PM EDT
Will the Rangers reap the benefits?
Aug 19, 2014, 4:45 PM EDT
Can the former 15th overall pick establish himself as a full-time NHLer?
Aug 19, 2014, 4:44 PM EDT
He was second on the team in goals last season.
Aug 19, 2014, 3:40 PM EDT
Capology and Corsi gone wild in Toronto.
Aug 19, 2014, 2:37 PM EDT
It’s 105 games long and — perhaps most importantly — starts in just 33 days.
Aug 19, 2014, 1:35 PM EDT
Pending NHL Board of Governors approval.
Aug 19, 2014, 1:23 PM EDT
After just one year on the job?
Aug 19, 2014, 12:29 PM EDT
And his agent says NHL teams are now expressing an interest.
Aug 19, 2014, 11:26 AM EDT
It’s quite the honor to wear the “C” on Broadway.
Aug 19, 2014, 10:35 AM EDT
So much for the trial of the decade.
Aug 19, 2014, 9:57 AM EDT
Former North Dakota star had 25 goals for AHL Hartford last year.
Aug 19, 2014, 9:00 AM EDT
There are murmurs about a training camp tryout.
Aug 19, 2014, 8:00 AM EDT
An offseason full of change for the 2014 Stanley Cup finalists.
Aug 18, 2014, 11:03 PM EDT
There’s still time to bridge the gap, though.
Aug 18, 2014, 10:00 PM EDT
He’ll probably own most of the franchise’s major records by next season.
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- It’s Florida Panthers day on PHT 8