Tuesday's game: million$ on the line

mperra (Admin) · Guru

Tuesday's game: million$ on the line

AB Habman · Guru

mperra (Admin) wrote:

Yes, Tuesday's game, also boils down to millions of potential revenue to the Canadiens should they make the playoffs. Gate revenue from hosting playoff games, parking and concessions. Many teams base their annual budget on whether the team makes it into the playoffs and how many rounds they play. It's like any other business. But instead of basing it how many of product xyz you sell, it's based on how many homes games you host in the post season. Okay, no more economics lessons from me. Where's Howard Bloom (SportsBusinessNews.com)when you need him? Mario GOHABS!

Good post Mario, It's the GM's job to insure that extra revenue. A GM's overall ratings is measured on their success on post season revenue.

mperra (Admin) · Guru

AB Habman wrote:

Good post Mario, It's the GM's job to insure that extra revenue. A GM's overall ratings is measured on their success on post season revenue.

Exactly. In this case, the GM Bob Gainey, is the Project Manager. And from when I took my course in Project Mamagement (hmmm, I knew that course would pay off one day), when a project fails, or goals are not met, responsibility ALWAYS lies with the PM.

barry33 · Guru

mperra (Admin) wrote:

AB Habman wrote: Good post Mario, It's the GM's job to insure that extra revenue. A GM's overall ratings is measured on their success on post season revenue. Exactly. In this case, the GM Bob Gainey, is the Project Manager. And from when I took my course in Project Mamagement (hmmm, I knew that course would pay off one day), when a project fails, or goals are not met, responsibility ALWAYS lies with the PM.

I remember CJ telling me last summer that George Gillette (habs owner) told him and Gainey to do whatever it takes to make the playoffs this year.

Jonny G · Senior Member

barry33 wrote:

I remember CJ telling me last summer that George Gillette (habs owner) told him and Gainey to do whatever it takes to make the playoffs this year.

I'm sure that the ultimate goal is to bring the cup back to Mtl -- not simply make the playoffs this year.

Since the NHL's inception, I don't think that a decade has gone by in which the Habs haven't won a cup.

habsforeverfan · Veteran Member

mperra (Admin) wrote:

Yes, Tuesday's game, also boils down to millions of potential revenue to the Canadiens should they make the playoffs. Gate revenue from hosting playoff games, parking and concessions. Many teams base their annual budget on whether the team makes it into the playoffs and how many rounds they play. It's like any other business. But instead of basing it how many of product xyz you sell, it's based on how many homes games you host in the post season. Okay, no more economics lessons from me. Where's Howard Bloom (SportsBusinessNews.com)when you need him? Mario GOHABS!

Does anyone know if the Canadiens are in the black during the regular season? Are they still paying millions in property tax for the Bell Centre?

AB Habman · Guru

Jonny G wrote:

barry33 wrote: I remember CJ telling me last summer that George Gillette (habs owner) told him and Gainey to do whatever it takes to make the playoffs this year. I'm sure that the ultimate goal is to bring the cup back to Mtl -- not simply make the playoffs this year. Since the NHL's inception, I don't think that a decade has gone by in which the Habs haven't won a cup.

Even in a long term plan, short term, you still have to make the playoffs until you reach the ultimate success. It's just not enough to say, "too bad we missed the playoffs and kissed away revenue but we're building for down the road anyway" Fact is, we made the playoffs last couple seasons under Gainey so it's expected to make it again and go even further especially under a long range plan.

Nil d · Guru

A couple of years ago I read that every playoff game equals a million dollars in net revenue to the team. I remember a few years ago the team missed the playoffs the organization lost three million dollars for the year. Making the playoffs and winning simply one game (= three home games, as it was 2-3-2 back then) would have balanced the books.

Habanomics 101.