Monday, January 24, 2011
Ticats Stadium Increased Costs
This Spec article describes what some of the extra costs are for the stadium. Some of the Ticats demands seem a bit crazy. Getting the city to build office space at the stadium to move jobs from the downtown Jarvis Street office seems like a nonstarter from the city's point of view. I'm still a bit mystified by some of the other costs being so high. Apart from renovating the North side stands, how is rebuilding 15,000 seats for the South side so expensive? How much would have a 25,000 West Harbour stadium have cost?
Sunday, January 23, 2011
Ivor Wynne Funding Gap?
The National Post has an article that there is an a funding gap for Ivor Wynne: "The plan to build a new facility where Ivor Wynne Stadium is currently located will cost between $156.5-million to $174.5-million, according to a report by Hamilton city staff. The report indicates the project is facing a funding gap of between $36.5-million to $54.5-million."
This is a bit mystifying to be. Other sites requiring extra money wasn't a surprise, however Ivor Wynne doesn't need any new infrastructure. The roads, sewers, public transit etc. are already in place. Also with regards to the stadium itself, it seems that only cosmetic improvements will be made to the North side stands, so what's new is the 15,000 seat South side part, which isn't a lot of seats and why the costs would be so high for this when other jurisdictions have built 15,000 to 20,000 seat stadiums for reasonable costs is strange. I haven't seen the report, but it seems like interesting reading. Perhaps there was no possible way a stadium can be built for a reasonable amount of money. Also if it costs so much for Ivor Wynne, how much extra would it have cost at the West Harbour.
This is a bit mystifying to be. Other sites requiring extra money wasn't a surprise, however Ivor Wynne doesn't need any new infrastructure. The roads, sewers, public transit etc. are already in place. Also with regards to the stadium itself, it seems that only cosmetic improvements will be made to the North side stands, so what's new is the 15,000 seat South side part, which isn't a lot of seats and why the costs would be so high for this when other jurisdictions have built 15,000 to 20,000 seat stadiums for reasonable costs is strange. I haven't seen the report, but it seems like interesting reading. Perhaps there was no possible way a stadium can be built for a reasonable amount of money. Also if it costs so much for Ivor Wynne, how much extra would it have cost at the West Harbour.
Saturday, January 22, 2011
Stuff
A strange story in the Spec about Ivor Wynne city employees getting fired for amongst other things, selling their own beer on game days (where did you have to go for that in that stadium) and razors. Did that eat into Ticat beer sales?
Drew Edwards also has basically a hagiography of Scott Mitchell in the Spec. Obviously someone has to look out for the team's interests, but I personally am not a big fan.
Drew Edwards also has basically a hagiography of Scott Mitchell in the Spec. Obviously someone has to look out for the team's interests, but I personally am not a big fan.
Friday, January 21, 2011
Fords Want NFL in Toronto
There's an article in the Toronto Star about Toronto mayor Rob Ford and his councillor brother hoping for an NFL team for Toronto. The article mentions Ted Rogers wanting an NFL franchise and unfortunately dying before it happened. The article also mentions Paul Godfrey who has also long desired an NFL franchise for Toronto. Which got me thinking, what are the odds that Godfrey dies before Toronto is awarded an NFL franchise? Sadly his wikipedia entry doesn't give his age, although apparently he was elected an alderman in 1964 so is obviously pretty crotchety.
Thursday, January 13, 2011
Ivor Wynne Name Change?
The Spec has a story where the sons of Ivor Wynne are interviewed about a possible name change for the rebuilt stadium. It is a bit sad that the name would be lost, but the revenue from naming rights are probably essential for a new stadium to succeed.
What I'm interested in is how much naming rights for Ivor Wynne could be worth. One benefit of Confederation Park and to a lesser extent the CP Rail site was the highway visibility of the stadium, which would be a component of the value of the naming rights. This value would be pretty minimal for Ivor Wynne with cars going by Cannon.
However the value of naming rights isn't just cars driving by, it is also the constant mention of the stadium on the TSN broadcasts, television and radio sports reports and print media on a national basis. Hosting two Grey Cups within the next eight years would also drive up these mentions. How much is that worth versus the highway visibility amount? These media mentions would be worth a lot more to a Canada wide company like Tim Horton's or a financial institution than a local company or one primarily based in Ontario. With CFL games now on the NFL network there's even some media mentions in the US. The naming rights to BMO Field, home of Toronto FC were sold for $27 million over 10 years. Obviously there's a lot of visibility on the Gardner Expressway from cars, but Toronto FC games currently receive miniscule television ratings compared to CFL games and usually the games involve an American opponent. For Scotiabank Place, the arena of the Ottawa Senators, Scotiabank paid $21 million over 15 years. Is $10 million over 10 years possible for a rebuilt stadium? Hard to say.
One issue with regard to highway visilibilty and Ivor Wynne is that currently there's not much signage for the way to the stadium. A big highway sign at the Red Hill exit on the QEW for the stadium would be useful for people from out of town and for a potential sponsor. More signs are needed in the city as well.
What I'm interested in is how much naming rights for Ivor Wynne could be worth. One benefit of Confederation Park and to a lesser extent the CP Rail site was the highway visibility of the stadium, which would be a component of the value of the naming rights. This value would be pretty minimal for Ivor Wynne with cars going by Cannon.
However the value of naming rights isn't just cars driving by, it is also the constant mention of the stadium on the TSN broadcasts, television and radio sports reports and print media on a national basis. Hosting two Grey Cups within the next eight years would also drive up these mentions. How much is that worth versus the highway visibility amount? These media mentions would be worth a lot more to a Canada wide company like Tim Horton's or a financial institution than a local company or one primarily based in Ontario. With CFL games now on the NFL network there's even some media mentions in the US. The naming rights to BMO Field, home of Toronto FC were sold for $27 million over 10 years. Obviously there's a lot of visibility on the Gardner Expressway from cars, but Toronto FC games currently receive miniscule television ratings compared to CFL games and usually the games involve an American opponent. For Scotiabank Place, the arena of the Ottawa Senators, Scotiabank paid $21 million over 15 years. Is $10 million over 10 years possible for a rebuilt stadium? Hard to say.
One issue with regard to highway visilibilty and Ivor Wynne is that currently there's not much signage for the way to the stadium. A big highway sign at the Red Hill exit on the QEW for the stadium would be useful for people from out of town and for a potential sponsor. More signs are needed in the city as well.
Tuesday, January 11, 2011
Ticats Staying at Ivor Wynne
As a fan who has always liked Ivor Wynne, I'm pretty pumped about the announcement to rebuild the stadium, especially the fact I can still go to the Prince Edward Tavern before or after games. The possibility of hosting a Grey Cup again in Hamilton is also exciting.
There's a lot of questions. I'm hoping that some stores or other commercial activity is included. Ward 3 can use the commercial activity and more choices for shopping. More parking spaces are certainly needed, but I wouldn't want to see a sea of them. Will Bob Young still bother with a soccer franchise?
Hopefully Hostco can be placated to release funding, but considering the organization ultimately answers to their provincial and federal masters I don't see this as a big problem.
Monday, January 10, 2011
When Did the Ticat Paletta Talks Start?
An interesting question is when exactly the talks with Paletta about the Aldershot land for a stadium began. I seem to remember Bob on CHML talking about alternative to West Harbour on CHML and mentioning the Hamilton side of Aldershot. I'm going to search for when that interview took place, but it would seem that initial discussion would have to have occurred before that date.
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