Yesterday, Forbes released their annual NHL's most valuable teams list and the Rangers found themselves ranked 2nd only to the Toronto Maple Leafs...
2. New York Rangers
Current value: $850 mil.
Revenue 2012-13: $131 mil.
Operating income 2012-13: $27.3 mil.
The Rangers moved into the fully-transformed Madison Square Garden at the beginning of the 2013-14 season and generate more revenue from premium seating than any other NHL team.
...if anyone still wonders why Glen Sather continues to be employed by the Rangers, there you go. Sure the Blueshirts have made only one real serious run at the Cup during his 13 years as GM, but as long as the moves he makes keeps the seats filled, especially those premium ones, the Dolans will be more than happy with Sather's job performance.
...and all of us who complain about ticket prices, need to stop blaming Dolan and look in the mirror, because maybe, just maybe, if we weren't purchasing these overpriced tickets and $20 beers the Rangers might respond by lowering prices. While the Rangers are a passion for us, they're nothing more than a business to him. Once the cash stops coming in, and only then, will prices start to fall.
Get rid of Sather?do u like mcTruck? Was Sather who got him..like almost making to finals... Guess who put team together.... Glen Sather!!!
I agree that as long as the fans are willing to pay, the team has a right to charge whatever they feel they can get, but unless we've got a bunch CEOs and Investment Bankers trolling the blog, I don't think the "Fans" have anything to do with the return on investment for premium seating and high ticket prices.
I have the utmost respect for anyone who finds themselves lucky and fortunate enough to have the disposable income to afford season tickets for the team they love. I certainly wish I did, and wouldn't want anyone questioning me if I could make it happen. The problem has been, and will always be, the corporations that buy 4 or 8 tickets (or more) in the good seats for the sole purpose of giving to other suits and entertaining clients. And half the time they just end up unused. I think there may have been some hope that by creating suites that more "fans" would get closer to the ice. That's how its set up in lots of arenas, such as Boston, where the most expensive seats are actually 20 rows up from the ice, but provide access to separate food and beer, merchandise, restaurants, etc. than the general population.
If the Rangers really "cared", they could very simply create a system where companies could call up before a game and indicate if tickets were going to go unused, and allow fans who bought single game seats in the upper tiers to move closer to the ice.
Not for long if they keep playing the way they are right now I wish we could get rid of sather and out owner then maybe we will win again
The Garden has become a disgrace. They should record fans cheering because, this year, the Garden has been silent. A lot of the fans have been priced out. I used to go to Rangers games all the times when I was younger. Now, with a mortgage and a newborn baby, I just simply can't afford it. I'll be happy if I make 1 game this season. :(
So if we all chip in $5 bucks could we raise enough to buy the franchise....or maybe at least a beer at the Garden?
Obviously your hockey knowledge isn't up to par if u say Rangers haven't had top 10 team since 94... Maybe 98-02 ok... But since lockout season, team is joy to watch and have seen nothing but growth and was 2 games away from stanley cup...
Another stupid post. Beers are not $20, they are $10- comparable to any beer at any stadium I've been to. Tickets will always sell out no matter what. A bad season and the second hand sales from ticket brokers will go down, but hat doesn't do much.
Thank you Kevin for accurately pointing out that the customers drive the market value of the tickets and not greed.
That's pretty easy to say Kev, Maybe if all my fellow renters in Manhattan stopped paying such high rent for their 1-2 room apartments then prices would start to fall on that too.
See how quick mediocrity fogs the memory. Be honest, the NYR are never consistently in the top 10 in the NHL for any period of time and yes, I know plenty about hockey!!!
Never had top 10 team? Do u know hockey? 2 years ago we were cream of crop number 1 in East and number 2 overall...
I have not purchased tickets to a Ranger game in about 15 years. I have a mortgage to pay. FIRE SATHER!!!!
It's also why the Knicks suck. With all this money and Fanship these two NY teams should be Dynasties
@nyRags4life Inept management.
@KreiderisTheChosenOne Mr. Dolan would disagree.
@KreiderisTheChosenOne Which is the biggest problem.