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Breaking News: Press Conference Scheduled in Seattle to Announce Arena Deal


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#1 CanuckRow

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Posted 15 February 2012 - 07:05 PM

Chris Daniels of KING TV in Seattle

Arena News Conference scheduled for tomorrow. I'm told Hedge Fund/Land Owner Chris Hansen is in town. He met with council members. #NBA #NHL


This would be unprecedented for Seattle. We're potentially talking a BILLION dollar deal, with an arena, and two teams. #nba #nhl


BREAKING: Source tells me press conference scheduled at #SeattleCity Hall to announce deal on new sports arena complex...


http://mynorthwest.c...a-deal-Thursday

Seattle could be one step closer to bringing a the NHL or the NBA back to the city.
KING 5 reports that a press conference is scheduled for Thursday at City Hall, and they expect the announcement to be about a deal between the city and San Francisco developer Christopher Hansen.
Hansen bought just over three acres in Seattle's SoDo neighborhood in December for just over $21 million, says KING 5.
The Seattle Times talked to Hansen on Tuesday, and were told that he was meeting with Seattle City Council members on Wednesday and was "very close to announcing an offer with the city."
Even if plans for an arena are announced on Thursday, it is still uncertain who would play there. Seattle's hopes of landing the Sacramento Kings took a minor setback when an unanimous vote from the Sacramento City Council authorized detailed talks that would raise nearly half of the $387 million for a new sports and entertainment arena.
--------

Wow. Big step here.

Edited by CanuckRow, 15 February 2012 - 07:20 PM.

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#2 avelanch

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Posted 15 February 2012 - 07:10 PM

SWEET!
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#3 Biasbieksa

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Posted 15 February 2012 - 07:11 PM

This would be incredible for Vancouver fans
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#4 Xbox

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Posted 15 February 2012 - 07:12 PM

I don't want to sound like an ***, but please dont expand or relocate to any Canadian city except maybe QC.
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#5 avelanch

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Posted 15 February 2012 - 07:14 PM

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I don't want to sound like an ***, but please dont expand or relocate to any Canadian city except maybe QC.

? this is about seattle....
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#6 canucks3322

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Posted 15 February 2012 - 07:14 PM

oh boy that would be sweet if Seattle gets a team :D
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#7 ro0

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Posted 15 February 2012 - 07:15 PM

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Why don't you take a seat... in my billion dollar arena. Yes please!

Edited by ro0, 15 February 2012 - 07:18 PM.

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Is she a dress wearer or a pants wearer? Could you share a rowboat? Could a rowboat support her? Would an average size rowboat support her without capsizing?

#8 Karlsson`s Flo

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Posted 15 February 2012 - 07:17 PM

Wow, I love it!
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#9 avelanch

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Posted 15 February 2012 - 07:17 PM

#hereComeTheTotems #instantRivalry #isItPhoenix #cross-borderClassic
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#10 Vigneault's Stache

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Posted 15 February 2012 - 07:19 PM

damn , i want an NBA team :(
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#11 Humble Rodent

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Posted 15 February 2012 - 07:22 PM

Man a team in Seattle would be so awesome.
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#12 DownUndaCanuck

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Posted 15 February 2012 - 07:22 PM

The Seattle Satelittes. oh boy.
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#13 WeatherWise

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Posted 15 February 2012 - 07:25 PM

There are apparently two groups trying to bring the NHL to Seattle. Speculation is that Hansen's partner is not Don Levin, but rather John McCaw Jr. That's the same McCaw we're all familiar with.

http://seattletimes....4_arena24m.html

An excerpt:

Christopher Hansen, 43, who has roots in Seattle and now heads Valiant Capital Management LLC, in San Francisco, is working with an investor group whose proposal has yet to be publicly unveiled.

Hansen, described by one source as a multimillionaire, could not be reached for comment Friday. He previously lived in Seattle's Leschi neighborhood, public records show.

Hansen is working with a Bellevue man who would like to bring an NHL professional hockey team to Seattle to play in the arena, according to the source, who did not know the name of the Eastside participant.

Both men understand they need each other to make the proposal work, the source said.


Based on speculation from the OP at HFBoards. Guess who's from Bellevue.

http://hfboards.hock...d.php?t=1103231

Chris Hansen's NHL partner is not Chicago's Don Levin. This mystery person apparently resides in Bellevue WA.

It likely has to be someone who has already done business with the NHL, since an enormous amount of credibility would be required (on both sides), for things to inch closer to conclusion simply on handshakes.

I did a quick search and found this linked article stating John McCaw Jr. is specifically from Bellevue. If this is the case, the prospective NHL owner partnering with Hansen could very well be McCaw. There is a pre-existing relationship and trust between McCaw and the NHL. And that fact that this partner is still a mystery is befitting of McCaw's low key M.O.

Posted Image

Also, McCaw already has the experience in running an NHL club and could very well get a relocated Coyotes up and running in Seattle relatively quickly I would think.

McCaw family once owned the 30th largest TV cable company in the US, McCaw Cablevision. Apparently John McCaw Sr., their dad, built the family wealth through cable TV in the Northwest. Unfortunately, McCaw Sr. had to sell off some stations during a debt-laden time period. And then in the late 80's his sons sold the whole cableco to another regional player, for greener pastures in cellular in the 80s (obviously the right move at that time). Ultimately, that combined cableco entity was swallowed up by, guess who -- Comcast.

Now that cable sports is the most profitable segment in the new TV industry, perhaps the McCaws are looking to leverage old NHL relationships and cable business experience, to restore the family reputation in the cable industry. With the McCaws now out of cellular, wireless, and sports, I would hazard guess one or more of them has had some of their abundant cash invested in Chris Hansen's impressive hedge fund, Valiant, which has done fabulously well investing in the likes of Apple and Google.

The McCaws and Hansen must have those same $$$$ signs in their eyes when envisioning a piece of the regional sports net action with NBA/NHL anchors for the 13th largest media market in the US (not to mention nieghbouring markets).

The John McCaw Jr. is officially on my radar.


Don Levin, the other candidate, meanwhile, is a Chicago native.

http://www.chicagowo.../team/ownership

Donald R. Levin (luh-VIN) founded D.R.L. Enterprises in 1969. The Chicago-based company has holdings in many industries, including tobacco processing; aircraft and medical equipment leasing; licensed sports product manufacturing and distribution; and motion picture production and distribution.

...

The Chicago native was recognized at the Boy Scouts of America's Northwest Suburban Council's Distinguished Citizens Banquet as its 2005 Honoree. Under Levin's direction, the Wolves organization has held a scout night for the Northwest Suburban Council at a home game for the last 14 seasons.


A very interesting development, indeed.



I want to see the Seattle Totems become a reality before next season.

Edited by WeatherWise, 15 February 2012 - 07:33 PM.

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The greatest segue into a weather segment.

#14 WeatherWise

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Posted 15 February 2012 - 07:26 PM

Double Post.

Edited by WeatherWise, 15 February 2012 - 07:26 PM.

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The greatest segue into a weather segment.

#15 FeStealth

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Posted 15 February 2012 - 07:27 PM

If it's gonna be McCaw, prepare for a mediocre spending team, lol.
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#16 Madness

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Posted 15 February 2012 - 07:30 PM

Would love to see a team in Seattle!
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#17 OrdinaryBoy

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Posted 15 February 2012 - 07:32 PM

I'm saving up for tickets for the Nux games
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#18 hudson bay rules

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Posted 15 February 2012 - 07:34 PM

HAHAHA.

John McCaw

Great arena, shltty teams.
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#19 avelanch

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Posted 15 February 2012 - 07:47 PM

IF it is Indeed McCaw, prepare for medocre teams with little spending on development/players, and then for him to sell it outright to Hansen a couple years down the road, at which time it will become extremely successful. or maybe he'll actually learn from what aquillini did after he sold his share of the canucks to him.
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#20 zombieksa

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Posted 15 February 2012 - 08:36 PM

I am not going to get my hopes up just yet, but this is a really exciting development.

Expansion in Seattle + Quebec for 2015 would be the smartest decision from a league revenue position.

Phoenix should be moving to Portland in my opinion.
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#21 Kamero89

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Posted 15 February 2012 - 08:59 PM

I am not going to get my hopes up just yet, but this is a really exciting development.

Expansion in Seattle + Quebec for 2015 would be the smartest decision from a league revenue position.

Phoenix should be moving to Portland in my opinion.


Phx is most likely to relocate after this season. If Quebec City does not get an arena approved in the next 30 days, it will likely be Seattle getting the Coyotes. Portland does not have an NHL arena, the Rose Garden is in as good of condition as the Key Arena in Seattle.

The league is not doing any expansion any time soon. The economy is still terrible
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#22 susraiders

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Posted 15 February 2012 - 09:00 PM

I'm pretty sure that every Canuck fan is excited for this.
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#23 Stark

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Posted 15 February 2012 - 09:55 PM

This could be great news, finally there's a possibility that the NHL could come to Seattle. I wouldn't mind seeing teams in Portland or Quebec though
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#24 InSoM-

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Posted 15 February 2012 - 09:58 PM

Living like 20 minutes away from the boarder; this is AWESOME news; I would love a Vancouver-Seattle rivalry - longterm; you KNOW its coming. Too much hockey support in the NW for them to NOT expand up here!
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#25 VancouverStyle

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Posted 15 February 2012 - 10:49 PM

I would welcome a team in Seattle with open arms. Heck, me and a few of my
buddies would probley drive down and watch some games...
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#26 The Kassassin Train

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Posted 15 February 2012 - 11:10 PM

I would be down to drive down to Seattle to watch some games. That would be pretty solid haha. Instantly they'd be my 2nd favourite team or 3rd. Still have a liking for the Jets.
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The key difference is that Sopel can fill in for Seabrook and Campbell just fine. Bieksa, he is garbage so in that sense he is like the worst defenseman in the league.


When Cody (Hodgson) gets older, he might be better than Datsyuk.


Let's not push this guy (Kassian). He's still immature, and if he fails on the 2nd line it's because he isn't ready. Some guys really need years to develop, it's how well and how fast players adapt to the game. In my opinion, I'd rather have Horvat getting 2nd line minutes. He will start off on the 3rd line next season but I see him making the transition, being a great compliment to whoever plays his wings.

At this point, I don't see Kassian fitting in to any role other than a 3rd. If players like Kassian start getting 2nd line minutes then we just stay inconsistent as a team.


The idiocy on CDC....

#27 Edler0023

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Posted 15 February 2012 - 11:19 PM

ROADTRIPPPP!
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#28 Provost

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Posted 16 February 2012 - 12:03 AM

I am not going to get my hopes up just yet, but this is a really exciting development.

Expansion in Seattle + Quebec for 2015 would be the smartest decision from a league revenue position.

Phoenix should be moving to Portland in my opinion.


That is true... well actually southern Ontario would be best purely in regards to revenue.

There is a serious downside to the league though in relocating the bottom revenue teams unless they can make changes to the CBA.

There are about a dozen teams right now in financial distress, some like Dallas even having the league loan them money to meet payroll. Most of them are sitting near the salary cap floor.

If you all of a sudden take the two bottom revenue teams (like Atlanta and Phoenix) and turn them into top 10 revenue teams (like Winnipeg and ??)... then that increases overall league revenue and by the formula increases the cap floor even more... putting those financially distressed teams into even more trouble to meet that increasing payroll requirement to hit the cap floor.

Do you know that the cap floor has moved from about $22million to $48million since the CBA was introduced just a few years ago? That is serious bucks for smaller and southern franchises! Heck the salary cap ceiling was only $39 million when it was introduced.

It kind of snowballs, just by moving Atlanta and Phoenix you are probably going to raise the salary cap (and floor) by 3-5 million dollars even if no other team had any increase in revenues. That will push another couple of teams into having to relocate as they lose too much money and their owners walk away or they go into bankruptcy.

There is a reason Bettman doesn't want to relocate anyone, he has too many weak teams and if it starts, then it is going to end up in probably half a dozen teams moving over the next few years.

I think that may be a good thing eventually for the game (franchises in places like Seattle, Hamilton, Quebec City, Las Vegas, Portland)... it would certainly be an era of a lot of turmoil and difficulty for Bettman.

Edited by Provost, 16 February 2012 - 12:15 AM.

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Protons have mass? I didn't even know they were Catholic!

#29 WeatherWise

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Posted 16 February 2012 - 12:23 AM

I just discovered the official 1966-67 Seattle Totems championship documentary online, produced by King Screen Productions, via this Seattle Totems online museum webpage. It looks like the Totems and Canucks have some unfinished playoff business to take care of.

5:14 of the video:

It won't embed because its uploader set it to unlisted status. You can see it from the museum site, which has some other neat tidbits as well.

http://www.seattleto...pions_1967.html

And the 1970-71 team photo:

Posted Image

Edited by WeatherWise, 16 February 2012 - 12:31 AM.

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The greatest segue into a weather segment.

#30 Smashian Kassian

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Posted 16 February 2012 - 12:35 AM

I am the only one who thinks that Seattle Totems sounds weird for a hockey team?
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