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Shades
Joined: 10 Jul 2006 Posts: 63798
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Posted: 02/06/18 7:26 pm ::: |
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Still looking for a buyer or no longer looking for a buyer? Two different stories. Who got it right? It would appear they are no longer looking and are just moving it to Westchester.
_________________ Nnekalonians 1:14 - Thou shalt not accept that which is not earned
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toad455
Joined: 16 Nov 2005 Posts: 22475 Location: NJ
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Posted: 02/06/18 7:28 pm ::: |
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http://www.espn.com/wnba/story/_/id/22349804
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The Liberty will move most of their games out of the Garden this season and into an arena in suburban Westchester County, two people familiar with the situation told the AP. The people spoke on condition of anonymity because no official announcement has been made. |
I guess we'll get our 6 games at MSG.
My guess as to what happened was whoever was about to buy the team either 1.) backed out last minute or 2.) the deal couldn't be finalized in time & the Liberty will be sold once the 2018 season is finished.
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Luuuc #NATC
Joined: 10 Feb 2005 Posts: 21937
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Posted: 02/06/18 7:43 pm ::: |
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Did anyone post this one yet?
@DougFeinberg
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APNewsBreak: James Dolan's group is keeping the @nyliberty. Sources tell AP most games will be played at westchester with a couple at Garden |
Btw, please try to keep this thread purely for arena-related chat, so as not to double up on conversation already happening in the main NY Liberty thread.
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WNBA 09
Joined: 26 Jun 2009 Posts: 12541 Location: Dallas , Texas
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toad455
Joined: 16 Nov 2005 Posts: 22475 Location: NJ
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myrtle
Joined: 02 May 2008 Posts: 32336
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Posted: 02/06/18 8:00 pm ::: |
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Fans in Eastern CT can now get season tickets for two teams. Too bad I don't still travel to Norwalk on business all the time.
[trying to find a bright side here]
_________________ For there is always light,
if only we’re brave enough to see it.
If only we’re brave enough to be it.
- Amanda Gorman
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root_thing
Joined: 28 Apr 2007 Posts: 7365 Location: Underground
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Posted: 02/06/18 8:05 pm ::: |
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Once I saw the information about playing in Westchester, I figured MSG was still involved. They have a relationship with that arena. I think worst case scenario, a new owner would have gone back to Prudential Center if they couldn't use the Garden. It sounds like the commute for most fans would be easier and you'd have the bigger arena. Higher rent cost could probably be offset by a few more fannies in the seats, and image-wise it would look better because you're in a big league facility.
My guess is that the team is still for sale. Management and the league had to do something now because scheduling and personnel decisions have to be made for the upcoming season.
_________________ You can always do something else.
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toad455
Joined: 16 Nov 2005 Posts: 22475 Location: NJ
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Posted: 02/06/18 8:16 pm ::: |
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Dolan, Garden keeping WNBA’s Liberty for now
https://apnews.com/bf30b0dd914e4a5d877a80149016a2c9/APNewsBreak:-Dolan,-Garden-keeping-WNBA's-Liberty-for-now
Looks like Dolan & MSG are only keeping the Liberty until everything can be worked out with a new ownership group.
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“While we have had numerous interested parties, we are going to continue to operate the team until we identify the right new owner to steward this valuable New York franchise. We will have more to share soon,” Madison Square Garden Company President Andy Lustgarten said. |
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Queenie
Joined: 18 Nov 2004 Posts: 18033 Location: Queens
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dab44lb
Joined: 16 May 2007 Posts: 390 Location: The Bronx
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Posted: 02/06/18 9:07 pm ::: |
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Queenie wrote: |
RHW wrote: |
toad455 wrote: |
When you think that starting in 2019, 5 teams will be playing in arenas that seat under 10k. How much can the league really improve on attendance this way? |
If the teams in small arenas can fill up its much better for the league to create a demand to go to games and I dont see why being in a giant space is a good thing? |
But that's a big assumption. I can tell you right now that attendance in Westchester would a) drop like a rock, b) probably be about the same percentage of capacity used as current attendance at MSG.
I know, speaking for myself and Happycappie, that I would have to cut back to a partial plan at best if the Liberty moved to Westchester. I say this as a fan who's been willing to travel and who made the hike out to Newark for damn near every game for three years. I say this as a fan of low-major women's basketball who's been to games at some truly embarrassing facilities.
Can I get a "FUCK YOU DOLAN" from the choir? |
FUCK YOU DOLAN!!!!
_________________ Name, Number, Position.
And I looked, and behold a pale horse: and his name that sat upon him was Death, and Hell followed with him
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toad455
Joined: 16 Nov 2005 Posts: 22475 Location: NJ
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Posted: 02/06/18 9:21 pm ::: |
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FUCK YOU DOLAN!!!!
_________________ LET'S GO LIBERTY!!!!!!
Twitter: @TBRBWAY
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J-Spoon
Joined: 31 Jan 2009 Posts: 6801
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Posted: 02/06/18 9:46 pm ::: |
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So most games at Westchester
some still at MSG
No new owner.
I wondered when Westchester was mentioned if there wasn't going to be a new owner as I believe that is where the Knicks G-League team plays.
Not good, but could be worse, now we can move forward and have another year to get the team bought by owners who can do it better in 19, hopefully
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tfan
Joined: 31 May 2010 Posts: 9641
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Posted: 02/06/18 9:56 pm ::: |
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"We understand there is a significant interest in the team," Borders told The Associated Press in a phone interview Wednesday. "We will have a team in New York. Mr. Dolan and MSG have been a terrific partner for 21 years."
"While we have had numerous interested parties, we are going to continue to operate the team until we identify the right new owner to steward this valuable New York franchise. We will have more to share soon,” Madison Square Garden Company President Andy Lustgarten said.
So apparently it wasn't "Which one will end up winning the bidding war?", it was "Is anyone interested enough to make a purchase?". But I suppose it could also be that the asking price is too high. But if the Liberty are losing money and that is why MSG wants to "sell it", the asking price should probably be anything greater than or equal to $0.
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pilight
Joined: 23 Sep 2004 Posts: 66937 Location: Where the action is
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Posted: 02/06/18 10:11 pm ::: |
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tfan wrote: |
So apparently it wasn't "Which one will end up winning the bidding war?", it was "Is anyone interested enough to make a purchase?". But I suppose it could also be that the asking price is too high. But if the Liberty are losing money and that is why MSG wants to "sell it", the asking price should probably be anything greater than or equal to $0. |
People pay top dollar for money losing sports franchises all the time
_________________ I'm a lonely frog
I ain't got a home
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root_thing
Joined: 28 Apr 2007 Posts: 7365 Location: Underground
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Posted: 02/06/18 10:15 pm ::: |
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pilight wrote: |
tfan wrote: |
So apparently it wasn't "Which one will end up winning the bidding war?", it was "Is anyone interested enough to make a purchase?". But I suppose it could also be that the asking price is too high. But if the Liberty are losing money and that is why MSG wants to "sell it", the asking price should probably be anything greater than or equal to $0. |
People pay top dollar for money losing sports franchises all the time |
True, but those leagues have a history of franchise values appreciating. I doubt that's the case with the WNBA.
_________________ You can always do something else.
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josephkramer44
Joined: 23 Aug 2016 Posts: 136
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Posted: 02/06/18 11:47 pm ::: |
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tfan wrote: |
"We understand there is a significant interest in the team," Borders told The Associated Press in a phone interview Wednesday. "We will have a team in New York. Mr. Dolan and MSG have been a terrific partner for 21 years."
"While we have had numerous interested parties, we are going to continue to operate the team until we identify the right new owner to steward this valuable New York franchise. We will have more to share soon,” Madison Square Garden Company President Andy Lustgarten said.
So apparently it wasn't "Which one will end up winning the bidding war?", it was "Is anyone interested enough to make a purchase?". But I suppose it could also be that the asking price is too high. But if the Liberty are losing money and that is why MSG wants to "sell it", the asking price should probably be anything greater than or equal to $0. |
I have always considered Borders a braggart and a liar. Long on bluster and anecdotes but short on real substance. Good news for the 2018 season though.
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jmvcity
Joined: 21 Jun 2013 Posts: 341 Location: Big Apple
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Posted: 02/07/18 12:08 am ::: |
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I would be much happier if they had more games at Radio City than in Westchester.
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Silky Johnson
Joined: 29 Sep 2014 Posts: 3321
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Posted: 02/07/18 1:02 am ::: |
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Randy wrote: |
There is a new 3500 seat arena being built for the Hawk g-league team right next to Atlanta airport. I'm sure hoping that does not become the site for Dream games (though it might have Marta access) though it does seem this sort of thing is becoming the norm for WNBA teams. |
Hah! For my dad's sake, I hope it is: he's a Dream STH, and they live right down the street from the airport. I don't want his old ass driving out of the city at night, and neither does my mom, to be honest.
_________________ Professional Hater. The Baron of #HateHard
My team no longer exists, so I'll have to settle for hating yours.
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Silky Johnson
Joined: 29 Sep 2014 Posts: 3321
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Posted: 02/07/18 1:05 am ::: |
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WNBA 09 wrote: |
Shades wrote: |
pilight wrote: |
Shades wrote: |
Maybe the Hawks ownership will take over the Dream and move them into that joint. |
The W has been steadily moving away from NBA co-ownership. The Liberty sale brings the number down to four. Let's not backtrack. |
You don’t want NBA ownership? I love NBA ownership. Wouldn’t want it any other way. Depends on the owner, I guess.
If it becomes zero NBA owners, what interest would NBA have in supporting WNBA? |
If it becomes 12 then you have to worry about an owner wanting to dump his team once they dont meet a profit or because he wants some NBA stud for the salary he has to pay his WNBA players. #2001 |
Like you can get an "NBA stud" for what a WNBA team costs, any more. In 2018, you can't even get a 6th man for that kind of money.
_________________ Professional Hater. The Baron of #HateHard
My team no longer exists, so I'll have to settle for hating yours.
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Nerd2
Joined: 06 Jun 2010 Posts: 7659
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Posted: 02/07/18 1:18 am ::: |
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tfan wrote: |
"We understand there is a significant interest in the team," Borders told The Associated Press in a phone interview Wednesday. "We will have a team in New York. Mr. Dolan and MSG have been a terrific partner for 21 years."
"While we have had numerous interested parties, we are going to continue to operate the team until we identify the right new owner to steward this valuable New York franchise. We will have more to share soon,” Madison Square Garden Company President Andy Lustgarten said.
So apparently it wasn't "Which one will end up winning the bidding war?", it was "Is anyone interested enough to make a purchase?". But I suppose it could also be that the asking price is too high. But if the Liberty are losing money and that is why MSG wants to "sell it", the asking price should probably be anything greater than or equal to $0. |
They were demanding a lot more than absolute zero. While it's unprofitable, they were not desperate to get rid of it.
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Nerd2
Joined: 06 Jun 2010 Posts: 7659
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Posted: 02/07/18 1:21 am ::: |
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josephkramer44 wrote: |
tfan wrote: |
"We understand there is a significant interest in the team," Borders told The Associated Press in a phone interview Wednesday. "We will have a team in New York. Mr. Dolan and MSG have been a terrific partner for 21 years."
"While we have had numerous interested parties, we are going to continue to operate the team until we identify the right new owner to steward this valuable New York franchise. We will have more to share soon,” Madison Square Garden Company President Andy Lustgarten said.
So apparently it wasn't "Which one will end up winning the bidding war?", it was "Is anyone interested enough to make a purchase?". But I suppose it could also be that the asking price is too high. But if the Liberty are losing money and that is why MSG wants to "sell it", the asking price should probably be anything greater than or equal to $0. |
I have always considered Borders a braggart and a liar. Long on bluster and anecdotes but short on real substance. Good news for the 2018 season though. |
Just because the owners chose not to accept the offers does not mean there wasn't significant interest.
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StevenHW
Joined: 25 Jul 2005 Posts: 10983 Location: Sacramento, California
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Posted: 02/07/18 11:53 am ::: |
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So, what happened to that Pera guy, who owns the Memphis Grizzlies? Did he not hold up under due diligence scrutiny? Or did he change his mind?
_________________ "The more I see of the moneyed classes, the more I understand the guillotine." -- George Bernard Shaw
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root_thing
Joined: 28 Apr 2007 Posts: 7365 Location: Underground
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Posted: 02/07/18 12:38 pm ::: |
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StevenHW wrote: |
So, what happened to that Pera guy, who owns the Memphis Grizzlies? Did he not hold up under due diligence scrutiny? Or did he change his mind? |
That was a rumor. I don't think it was ever confirmed.
Maybe I missed it, but I didn't see anyone post this brief item from Newsday saying that management denies reports that the Liberty aren't for sale anymore. They also didn't comment on the team moving to Westchester. So, maybe yesterday was just much ado about nothing?
https://www.newsday.com/sports/basketball/liberty/liberty-sale-1.16587789
_________________ You can always do something else.
Last edited by root_thing on 02/07/18 12:39 pm; edited 1 time in total |
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Shades
Joined: 10 Jul 2006 Posts: 63798
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Posted: 02/07/18 12:38 pm ::: |
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StevenHW wrote: |
So, what happened to that Pera guy, who owns the Memphis Grizzlies? Did he not hold up under due diligence scrutiny? Or did he change his mind? |
That was a Barcoff rumor. He got a bad tip.
_________________ Nnekalonians 1:14 - Thou shalt not accept that which is not earned
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tfan
Joined: 31 May 2010 Posts: 9641
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