Thursday, November 5, 2009

Columbus Blue Jackets having financial struggles

I live in Columbus. So it's no secret to me that the Blue Jackets are having trouble drawing fans to games. They're losing an annual amount of $12 million dollars a year.

Columbus may have trouble holding on to the NHL's Blue Jackets because the club has been losing $12 million a year in central Ohio, according to a report released Thursday by a business group.

The report from the Columbus Chamber offers a variety of options for strengthening the hockey team's financial position, such as new taxes or fees to support it.

Other suggestions include allowing the team to renegotiate its lease for Nationwide Arena or trying to attract a second major tenant, such as a basketball team.

"It is important that our community retain this team," Dave Blom, chairman of the Columbus Chamber board, said. "The Columbus Blue Jackets impact our regional economy, support thousands of jobs and bring millions of dollars in tax revenue that contribute to our quality of life."

It would be a shame if Columbus lost this team now because they've finally found the right coach with the right roster mix. Plus what are they going to do with that start of the art Nationwide Arena.

It will be interesting to see if the winning we anticipate for the Jackets (who first made the Stanley Cup Playoffs last season) starts to decrease this loss they've experienced.

No comments:

Scores