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Vancouver Off-Topic / Current EventsThe off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.
I'd recommend you to at least look back into recent history before making uninformed remarks. Last time we tried that back in 1995 - 2001, the team owner nearly completely lost his shirt on the business. Among the primary factors of the business failure were:
1) poor attendance at the games -- it was among the lowest across the league
2) salaries are paid in USD, but revenues are mostly made in Cdn. With a weak loonie, this puts a major strain on profitability.
While it is true that Vancouver had a noticeably smaller population back in the mid / late 90's, I am not at all convinced that the population growth has resulted in more basketball fans. Even with the Canucks, as soon as their performance and standings started dropping, attendance at the games have fallen along side with the standings. Add our city's high standard of living, stagnant wages, and continually deteriorating levels of disposable income, it is easy to see why fans find it hard to support yet another sports team.
I'd recommend you to at least look back into recent history before making uninformed remarks. Last time we tried that back in 1995 - 2001, the team owner nearly completely lost his shirt on the business. Among the primary factors of the business failure were:
1) poor attendance at the games -- it was among the lowest across the league
2) salaries are paid in USD, but revenues are mostly made in Cdn. With a weak loonie, this puts a major strain on profitability.
While it is true that Vancouver had a noticeably smaller population back in the mid / late 90's, I am not at all convinced that the population growth has resulted in more basketball fans. Even with the Canucks, as soon as their performance and standings started dropping, attendance at the games have fallen along side with the standings. Add our city's high standard of living, stagnant wages, and continually deteriorating levels of disposable income, it is easy to see why fans find it hard to support yet another sports team.
By today's NBA attendance standards, Grizzlies would be near the middle of the pack. Also, corporate sponsorship matters more than attendance, just look at the Raptors when they were having trouble filling seats before they found playoff success. I think the NBA can work in Vancouver (financially), whether NBA players want to play here or not, that's a whole other story.
If corporate sponsorship is that important, wouldn't that make it even more difficult for Vancouver to support an NBA team?
Also, don't forget that Toronto has roughly 3x the population of Vancouver, and Maple Leaf Sports is a much, much larger operation with significantly more assets than Canucks Sports.
If corporate sponsorship is that important, wouldn't that make it even more difficult for Vancouver to support an NBA team?
Also, don't forget that Toronto has roughly 3x the population of Vancouver, and Maple Leaf Sports is a much, much larger operation with significantly more assets than Canucks Sports.
The above news release is from June 2014 though, and at least some of the conditions it cited is no longer true. In particular, the loonie was trading to 0.94 USD at the time, and we have since seen the loonie dipping as low as 0.78, and there are no signs in sight that the loonie will regain its strength against the greenback any time soon.
Also, I'd have to disagree about the income levels as quoted by the report. We do have a lot of very wealthy people in Vancouver, but I highly question whether they have an interest in participating in basketball as a spectator sport.
i remember watching a piece on TV about grizzlies and how attendance was not the worst in the league in vancouver, and attendance was actually worse for a bit in memphis than it was in vancouver. memphis was big on NCAA bball and they had more attendance there at the time. perhaps now that seattle is without a team that would also help as driving 2 hrs for an nba game isn't that bad.
I'd recommend you to at least look back into recent history before making uninformed remarks. Last time we tried that back in 1995 - 2001, the team owner nearly completely lost his shirt on the business. Among the primary factors of the business failure were:
1) poor attendance at the games -- it was among the lowest across the league
2) salaries are paid in USD, but revenues are mostly made in Cdn. With a weak loonie, this puts a major strain on profitability.
While it is true that Vancouver had a noticeably smaller population back in the mid / late 90's, I am not at all convinced that the population growth has resulted in more basketball fans. Even with the Canucks, as soon as their performance and standings started dropping, attendance at the games have fallen along side with the standings. Add our city's high standard of living, stagnant wages, and continually deteriorating levels of disposable income, it is easy to see why fans find it hard to support yet another sports team.
nobody wants to watch a loosing team... I went to 12 Grizzles game, and they lost all 12, haha
There's a huge increase of people from Mainland China now, and Mainlanders love basketball and have money
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