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canuckbeliever

Canucks win a lawsuit against Canon

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The Vancouver Canucks have won an $825,987 suit against Canon Canada over a breached five-year sponsorship and equipment agreement.

At issue are unsold sponsorship benefits the Canucks were left holding for the next several years, having reserved the space for the photo-imaging giant from 2008 to 2013, according to the B.C. Supreme Court decision released Friday.

Losses included dollars from Canon’s expected advertisements on the ice rink’s $15,000-$20,000 per-minute arena displays — the “power ring” and “score clock halos” — which the team couldn’t fully re-sell for four seasons.

The organization also couldn’t resell several player-tunnel signs, a rink-board sign and a full-page Canucks Magazine ad in the first season of the agreement.

Other benefits included autographed items, season tickets and rooms, though the team managed to sell off of its excess tickets.

According to the decision, Canon, under the original agreement, would provide updated office equipment for the Canucks, while it was allowed to buy sponsorship benefits and receives a preferred supplier status with the team.

Canon backed out of the contract in December 2008 a few months after it was signed, according to the decision.

The company will also have to pay HST on top of the claimed amount.

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Who should they pay with that money?

Mark Messier or the mindfreak guy that sued the Canucks?

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No kidding. That piece of garbage owes us money for the disgraceful performance he gave Vancouver fans.

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Excellent news, I will now go chirp other fan bases about the triumphant victory.

Banner raising at the home opener ! Woohoo, the Canucks are back baby !

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Update: the league has reviewed and reversed the decision, ordered the Canucks to pay and suspended Alex Burrows for the 2013-14 season.

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Update: the league has reviewed and reversed the decision, ordered the Canucks to pay and suspended Alex Burrows for the 2013-14 season.

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Now we know why the management team failed in acquiring players, they were tied up and busy with other more important matters and litigation.

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