Devils in the Details- 1/24/12: Tougher Than Kaleta Edition

Agreed. PDB has to say this, because the Devils are a team that needs to have confidence in their ability to overachieve, and PDB has to help build that confidence.

If you trade Parise for draft picks right now, you’ll save almost $2.5 million in salary over the remainder of the season. If you make the playoffs, you get a minimum of two home games (likely sellouts) at an increased price per ticket…. and depending on how the particular contracts are written, I wouldn’t be shocked if the franchise also gets a cut of concessions sales from all those fans attending a playoff game.

The financial risk, of course, is that the team keeps Parise and then misses the playoffs. But if that were the foremost concern among ownership and that was going to drive the decision-making, this would be a very different team. Not only would you trade Parise, but you’d trade a bunch of other guys for picks/prospects to bring the team’s payroll down to the League minimum. You also wouldn’t have seen a deal such as the one that brought Alex Ponikarovsky to town last weekend — after all, that one increased the payroll too.

Aside from the regurgitation of 2 month-old information, the completely logical and expected opinion of Zach, contract term and value speculation, and inaccuracies when it comes to the Devs ability to sign him after July 1, I thought it was a quality article.

How many teams have traded their captain two years in a row?

It is really starting to irk me that everywhere I turn our fans take their word as gospel.
No offense, but I don’t buy that they are losing 20 million this season and if the reports are talking strictly about the team or the DAE.

Yeah, the average price of the tickets is higher than $40.

The best thing we can do as fans and I have posted this here a few times already, is to try to go to more games, as many as we can with regards to each own’s financial situation.
We can all lay off some coffee and Dunkin Donuts or Starbucks, cut down on smokes, go out for lunch a few less times and save up and buy tickets with the various promos that are available for most games.

It may seem like small potatoes but if everyone attended let’s say 3 more games than usual per season, it would add up and boost the Devils revenues and also enhance the atmosphere inside The Rock.

I loathe the Flyers and their fans as much as anyone, but for anyone that was at Saturday’s game had to notice thousands of them that showed up despite the foul weather.
One of them told me on the carvel line that with such a beautiful arena and a team that has has so much success, he said it surprises him that we don’t fill up the barn every night. He was not trolling either nor part of the problem as he’s from Deleware.

The Financial situation is because we have a minority owner who does not want to invest in the team and a majority owner who is over leveraged. The debt is the issue. From a business stand point, moving the team would not solve this issue, in fact control of the arena is very lucrative. Essentially, the debt needs to be refinanced under better terms with a new owner infusing capital into the business entity (I hate to say team since they also control the arena). Anyway, it is fun to listen to the MSM dolts who equate cash flow problems to having to leave a market.