What's Next For New York With A Possible Lockout?

New York Islander Fan Central | 5/14/2012 09:39:00 PM | Be the first to comment!
What's next for now is a quiet time for the New York Islanders heading into the 2012 draft, so far the World Championships are going well with no injuries.

The Coliseum media rhetoric will continue which means you should check the profile/background of the writer to see where that publication's own $ interest is. Many outlets are broke so they will take anyone who will write for free.

Charles Wang will likely not have anything to say unless there is a viable plan.  

Will there be a draft party, will Wang be at the teams draft table? 

On 5/11 Isles did announce a draft channel on ITV for 2012.

Recent history suggests no major trades by the Isles (or any team) during the draft weekend, perhaps an early deal to again secure exclusive negotiating rights with a pending UFA, but many times those deals do not lead to a contract. 

By the time we get to the draft, there will be qualifying offers to Matt Martin/Bridgeport players that turned out to an important moment from last summer.

After that it's free agency on 7/1 before the very real chance of another lockout, the top players will receive  massive front-loaded dollars in lockout protection money, many others will likely be waiting a long time for any contract.

It's impossible to know what's going to play out in terms of assistant coaches, that will have to happen likely before August.

Will the Coliseum be hosting the Isles prospects this July for a mini-camp?

Bottom line we go through the motions, and see what plays out this summer between the NHL/NHLPA, expect the owners to be more divided than the players this time, expect Donald Fehr to want his baseball model ending any salary cap.

Expect Gary Bettman to reject that, but the BOG (Board of Governors or Owners) are the ones who make the decisions.

Any CBA with a cap ceiling above fifty million should be simply untenable for any NHL ownership, having written this still some corporate teams will take a higher cap because they are willing to write off red-ink via their corporations, and trade away front-loaded mistakes once the largest early portions of a contract are paid off.

This is what you saw with Ryan Smyth in Colorado as one of many examples. 

Whoever wrote/said many teams would gravitate to the cap ceiling got it right. The number went from 39 million to 64 in six years under the flawed principal revenue equals profit which is only spending more to lose more with a higher revenue figure.

Revenue is not profit, anyone can spend an extra forty million to generate an additional twenty million in revenue, but you just lost twenty million more getting to those numbers.

History shows the New York Islanders came out of both lockouts completely unprepared.

I remember the article where Mike Milbury qualified everyone when a settlement came, you could see a roster with many holes because of those decisions which led to the 2005-06 team that employed close to fifty players.

Does this mean Garth Snow's approach would be similar? No, because every lockout brings different rules, which leads to new concepts whether it be front-loading or something else.


For New York What's The Right Defender To Spend On?

New York Islander Fan Central | 5/13/2012 07:49:00 PM | Be the first to comment!
As seen with Tomas Kaberle, James Wisniewski, and most UFA defenders, the production usually never lives up to the contract, especially when front-loaded.

Then there is Florida giving an over-35 contract to Ed Jovanovski (guaranteed money) sixteen million over four years.

The over 35 rule states that if a player signs a multi-year deal when the player is 35 or older, starting in the second year of the contract, that amount will count towards the team's salary cap regardless of whether the player is on the active roster or not. This is designed to keep teams from signing older players to lucrative front-loaded contracts, thus saving cap room, in which there is no expectation the player will actually play in the latter years.

This begs the question what's the right player to spend your money on in UFA?
1. Many UFA are players their former team cannot pay, do not want back at any price or have overpriced themselves for that franchise.
2. Many UFA are players frankly who played themselves off their former team.
3. Many UFA are players who have very limited options. 
4. The one or two top defenders will require front-loaded money (see Wisniewski) and not a smart option.

In other words give me the James Wisniewski who made three million here, not the one who signed for ten years massively front-loaded in Columbus. 

So What's The Answer For New York? 
Stick to the plan of developing. 

Boring answer but that's the best long-term guarantee of success. 

On defense this team has spent time and money on Ness, Donovan, deHaan, Wishart, Katic, along with their draft picks. Some of these players need their chance as MacDonald and Hamonic have received.

This blog has criticized Wishart not having a spot here from day one a year ago. 

This defense desperately needs size, scoring, skating, and physical players, a big part of this has to happen from within. 

Signing a mid-20's UFA defender from another organization may help or backfire, a trade for a quality defender means someone has to go of equal risk/value. Obviously signing the next Staios, Eaton, Jurcina or Mottau are not going to improve things because at best you carry one of them for depth.

The move to let go of Jack Hillen was a mistake that backfired based on who took his minutes here, that's the kind of mid-20's defender who may be worth a risk but Hillen's production was down in Nashville, and two goals does not give Mark Streit extra room to work with on a powerplay. 

Bottom line if there was an easy answer last years conference final's runner up would not have signed Bruno Gervais, MA Bergeron, then Matt Gilroy to improve their defense. Look at former Islander Andy Sutton, and the journey he has taken to be resigned in Edmonton?

Carolina's gm admitted a mistake in Kaberle.

No team signed Bryan McCabe.

Mike Komisarek looks like a nice local story until you see why he's struggled so badly for years, and why Monteal never looked back, while Toronto likely regrets his contact. 

There is no easy answer. 
*******************************
Clarification:
I wish to clarify from my last entry that Charles Wang in 2009 saying the Isles watch every penny in operating the franchise should in no way translate to Garth Snow's comments about having no  restrictions on spending if he feels the right player is there to improve the team as Snow has maintained many times.

This blog immediately criticized Snow for using the rebuilding word on 2/3/2012 here , he will be given no pass here if not consistent with his words.

As seen with the offer Christian Ehrhoff, received last summer from the Islanders, which he praised at his press conference, the Isles (as all teams do) have a top number with where they want to go with a contract.

I found the old transcript here, but did not tag it well, so I re-posted the entire interview. 

Charles Wang Februay 27th 2009 Interview Transcript Revisited

New York Islander Fan Central | 5/11/2012 04:35:00 PM | 2 Comments so far
Some may recall Charles Wang's interview with Newsday on 2/27/2009, I found it in NYIFC archives but did a poor job on tagging so consider this a repeat with a purpose because Wang makes clear Isles watch every penny.

Anyway here is the full transcript here.

Islanders owner Charles Wang invited Newsday sports editor Hank Winnicki, news side reporter Eden Laikin and sports writers Jim Baumbach, Mark Herrmann and Greg Logan to meet with him to discuss the Lighthouse Project in a wide-ranging interview earlier today. Also in attendance were Michael Picker, president of the Lighthouse Development Group, Lighthouse public relations head Paul Lancey and general manager Garth Snow.

Here is a transcript of the informative interview in which Wang and his associates attempted to convey their sense of urgency regarding progress of the approval process with the Town of Hempstead and other agencies (When Wang, Picker or Lancey are speaking in answer to a question or offering a comment, it is indicated):

HAVE ANY LOCAL INVESTORS SHOWN INTEREST IN PURCHASING THE TEAM/WANG:
No. We never solicited, nor did anyone come to us and say, 'Hey.' I don't think anyone anticipates that it is for sale, and it isn't for sale. I think if I made a statement, 'It's for sale,' we would have interest locally. We know we have interest outside local interests, but we have not heard from anyone here. Seriously, we have not had interest [locally]. If there's interest, we would listen, I'm sure. Like anybody else, we would be polite and civil, but I'm not looking to sell the team.

WHAT ABOUT QUEENS INTEREST AT PROPOSED WILLETS POINT CONVENTION CENTER/WANG:
We never spoke to them.

WHAT ABOUT BRUCE RATNER AND HIS ATLANTIC YARD PROJECT/WANG: I know Bruce Ratner, but he's got his issues to deal with. We're not contemplating anything there.

HOW MUCH LOCAL INTEREST VS. CANADIAN MARKETS OR KANSAS CITY/WANG: Or others. It's a big country we've got here. I don't know. There's not been anything that says we're interested or not interested. There's never been anybody who says, 'We're looking for people who are interested,' and there still isn't. Let me be very, very clear. I live on Long Island; I grew up on Long Island. I've been here 56 years. My determination, my goal is to build this thing and keep the team on Long Island.

IS IT A CONCERN THAT GLENDALE, AZ. FACILITY IS STRUGGLING/WANG: I think there's a fundamental difference, and it probably says more about why we can't do it the way Glendale did it. In Glendale, the owner of the arena doesn't have the income or the revenue from all around it. It's just the arena. So, when you go out of that arena and you want to stay later and have dinner, he doesn't get any of that. If you've been to Glendale, it's limited what you can get there because it's driven or out to all that development which has been done, which by the way, is beautiful if you've ever seen it.

SO THE HOUSING AROUND THE ARENA IS INDEPENDENT/WANG: Yeah, it's different developers. It would be the same model here if somebody said, 'Build an arena.' We said we can't. Things started basically when we went to [Nassau County executive Tom] Suozzi and said, 'Okay, what are we going to do?' I just bought the team to save it for Long Island.' Wonderful, all the violins were playing. Okay, what are you going to do? He said, 'I can't fix the arena. I don't have any money. We're broke.' He just got into office. He said, 'We're broke, period. Matter of fact, I have to find a way so we don't lose $1.5 or $2 million a year keeping it up.' I said, 'You've got to make the elevators work. We can't get up to the suites. You've got to put bathrooms in. This is nuts.' We pay for bathrooms. We pay for the dasher board that goes around the rink just to make it something. We clean it up as best we can, but we're not responsible for the arena. So, what happened is Tom said, 'Come up with a new way.' We said, 'Let's develop this as a destination for Nassau, for Long Island, really.' It can be shared so people come to games early, stay later, wonderful things. Because if you just want to fix the arena, he doesn't need the town. Why did we wait six years to get to the town? For what? You don't need it. So, when people say, 'He can go ahead [and build just the arena],' it's not my choice. The county made a decision. We're just the designated developer. It's still their land.

IN REALITY THE TOWN ONLY HAS HAD YOUR PLAN SINCE NOVEMBER, 2007/WANG: For the town's consideration, yes.

PICKER: But Charles has been expending money. This has been a very long process since we started this, whether it be laying out the 60-story tower and everything else. Those were designs, which were built based upon conversations we had with the county executive. We are moving forward on a lease. We actually had drafted a lease with the county executive, and then when he ran for governor is when this whole thing went into the RFP process. That's where it went into this holding pattern. Then it went from the four bidders down to the two bidders and then to the designated developer. But all along, you've had Charles expending the money to make the designs as we were moving forward. And it's going backwards, forwards, backwards, forwards. That's why we constantly mention the length of time because, in 2003, Charles was talking about this whole thing when we met with Tom and got this lease going. Money was spent on doing a lease.

LENGTH OF WAIT/WANG: I don't fault the town. I don't say the town has taken seven years. I made it clear at the [recent] hearing. It ain't that fast-tracked, though. Let's not kid ourselves.

HOW CAN IT NOT BE AFFECTED BY DOWNTURN IN ECONOMY/WANG: I don't know if it will be affected. I cannot even go out and get financing until I get approval. They'll say, 'What's it for?' I don't know. What can I do?

PICKER ON FINANCING: I've been having a lot of those conversations. The people we're talking to on the lending side are looking to know what and when we're going to need it by. It's been a difficult thing to answer because of this long trek we've been through. That's why it's important to move the ball forward with the town and the county so we can have some definitiveness to finalize things with lenders.

IS ANY FEDERAL MONEY AVAILABLE THROUGH STIMULUS/PICKER: There could be, but it's got to be approved.

STIMULUS FUNDS/WANG: There's all kinds of opportunities, and we're talking to different agencies, but we've got to decide, 'Are we going to be able to build it? And what is it we're going to build?' They may say, 'Yes, you can, but we only want a little outhouse next to the Coliseum.' If it doesn't pay, I'm not going to do it. Somewhere, somebody, we've got to make a decision. And it's got to be very, very soon. I mean, I don't want to put deadlines at this point. I will soon, I'm sure, put a deadline. But it's got to be very soon.

EXPLAIN 120-DAY LOOPHOLE IN LEASE/PICKER: As part of our designated developer agreement, basically, it's a function of Tom Suozzi and Charles and Scott [Rechler, Wang's developer partner] working together on a lease that gets it to the [Nassau County] legislature, and Tom is committed to do that. Once that lease gets to the legislature, they have 120 days to approve it or not. If they don't approve it, or if they reject it before the 120 days is up, the lease is terminable between us and the county. You had to understand that, when we got the designated developer agreement and we had to go to the Town of Hempstead, you have to understand the concern a developer would have that he's spending money with the Town of Hempstead on what they're going to approve or not approve. Then, to have to go back to the county and say, 'Now, I need a lease' after he spent all this time and money, there had to be some ramifications if it didn't happen. That's why it was very important to work with the county when we did the designated developer agreement to make sure everybody had some stake in the game in case, for some reason, politics becomes politics and we somehow can't get to the finish line.

TIME PRESSURE ON COUNTY ONCE TOWN OF HEMPSTEAD APPROVES/WANG: Correct.

WHAT COULD HAPPEN IN THAT 120 DAYS/WANG; They have to have a legislative vote. If they approve it, great. We're gold and we go. If they don't approve it, I'm finished with my lease.

PICKER CLARIFIES: If they reject it in five days, five days is what it is [to end lease]. It's not 120 days we have to wait.

WHAT IF THE TOWN NEVER APPROVES THE LIGHTHOUSE/PICKER: I can't lease because I don't have the zoning authority to do anything.

THERE'S NO OPT OUT/PICKER: Charles would have to decide how long he wants to keep playing this situation. It's a matter of when you say, 'Hey, I don't want to do this anymore.' This happened in Plainview when Charles tried to do a mixed-use development here. We spent a lot of money and time.

WANG ON PULLING PLUG IN PLAINVIEW: We worked with a town consultant and came up with a plan and everything. In the morning meeting, out of nowhere, things got [off track].

PICKER CONTINUES STORY: The town supervisor was there, and it was decided he was not handling things properly. Before the night meeting, Charles and I spoke, and we decided, if this is not what they want, fine, we'll go on. Charles' only comment to them was, 'We're going to pull out, but you have to let me show the video of what could have been here.' A lot of people went off not being as informed as they should be. The supervisor announced that Charles was pulling the application and we're not going forward. The only thing is he requested to show the video. The video was shown and then came the 'Oohs and aahs. That could have been here? I didn't know that.' This is the same thing. You reach a point where there's an economic pressure, or you just don't want to do it anymore for whatever reason.

IF TOWN DOESN'T APPROVE, ARE YOU STUCK WITH LEASE/PICKER: Oh, yeah. We've done over 180 community meetings. That comes up, and we tell everybody, 'We know we have a lease. But whether it's here or somewhere else -- Bruce Ratner is the perfect example he bought a team, where he's leaving it in one place [Meadowlands] in order to get to another place [Atlantic Yard in Brooklyn] -- it doesn't hurt us in that time frame. Kansas City comes out [of potential bidding for Isles] because they already have an arena. But other places around North America could build a place [while waiting for Isles' lease in Nassau to expire in 2015]. But Charles has been very clear that we want it here. We want to make it go. So, we're pushing hard to get it. Like minutes after the scope got approved, we submitted 6,000 pages [of environmental studies].

WANG ON URGENCY TO BUILD: If we don't build this, shame on us. This is something that has to be done. If we can't, you tell me no. It's okay. I mean, really, we'll go where we're loved.

ARE YOU HOPEFUL OF STARTING CONSTRUCTION THIS SUMMER/WANG: Yeah, I think so. This truly would be turning the world upside down. You're really betting that, one, the county executive can get the lease within five or six days [after approval by the Town of Hempstead], and it's not going to get horsed around for 119 days. I don't know. The probability, the chances realistically, probably not. Difficult, but I've got to know. Certainly, there's a time frame in terms of when I must know where we're going.

IF YOU DON'T BEGIN CONSTRUCTION UNTIL 2010, WHEN WOULD YOU HAVE TO KNOW ABOUT APPROVALS/WANG: Probably by June or July.

OF 2009/WANG: Yeah. But I don't want to have ultimatums. I have not done the ultimatums. I'm sure I will coming up soon because I'm going to tell them, 'Here's what it is.' But we've been, I don't want to say, jerked around on this thing back and forth for a while now. I'm committed to keeping it on Long Island. I want to keep it on Long Island. It belongs on Long Island. Let us build the damn thing.

PICKER SAYS ECONOMIC ISSUES ARE AS IMPORTANT AS ISLANDERS: It's more than an Islanders issue. One thing that came out of the scoping meeting from all the people that came up and spoke and that was jobs. There was somebody in the back of the audience that, when everybody was pounding their chests about nine months from the town [to reach this stage] said, 'Well, I know people who have been unemployed for nine months. They don't think it's very fast.' This is a much bigger issue. Part of our documentation we submitted says we don't believe the Coliseum stays if the Islanders aren't here. Charles mentioned the losses the county already is absorbing for their building. Those losses get even bigger when your major tenant goes away. So, the people who go to concerts, the circus, the exhibition hall, that's gone. Now, they're driving to Madision Square Garden or somewhere else. I think people are starting to understand that this is not an Islanders issue, this is something we need for Long Island. The faster we can get government to move, the faster everybody can reap the benefits of what this brings to them.

JOB AND TAX FIGURES/PICKER: We're talking about 75,000 jobs.

WANG ADDS: When it's built, there will be 20,000 permanent jobs. The [economic] crisis here will be very different than elsewhere then.

DOES BAD ECONOMY HELP/PICKER: When you look at it that way, yes. This is big stuff to people in the community. You've got services being cut or taxes going up. Our projections say, when it's fully built, it generates $71 million a year in tax money. I don't remember [the breakdown]. The sales tax is the majority of it. Of the sales tax, over $25 million would be earmarked for the Uniondale School District, which badly needs it. Then, you've got the entertainment tax and the property tax.

WANG ON PRJECTIONS: Let's say we're off by 50 percent. Let's get real about this. This is all benefits we need on Long Island. We've got to get going. We've got to do something here. We can't just keep fighting this thing. Do something. All this is just a catalyst to get us started. It's not the answer to everything, and I can say that. But as a catalyst, you like to be ahead of everything that is happening.

LANCEY ON AREA VENUES: Your newspaper covers nine professional sports teams. Eight of them will have a new or refurbished facility that's underway during the course of the next couple of years. For us to attract any of those events will become that much more difficult as a stand-alone [arena].

HOW MUCH OF $3.7 BILLION HAS TO BE FINANCED/WANG: I don't know. Give me the approvals. I can tell you.

PICKER ON FINANCING: It's all very doable, but that's an important point you brought up [about time it takes to read 6,000-page environmental impact study] that the town allowed us to do. We've been giving them sections of the EIS. The first section we submitted was in November. As we finish the sections, they've allowed us to give it to them. Once you finish the scope, there's the formality of giving them all of [the EIS]. That was just the formality. They've over these months since November received pieces of this as they worked their way to completion.

IS IT UNREALISTIC TO THINK YOU WILL GET EVERYTHING YOU WANT/WANG: Tell me what you don't want. Just tell me. Is that so complicated? Some people suggest it might be too ambitious. Some people think they may not like the color of the grass. 'It's green.' Tell me what you want and what you don't want. Then, I can make a decision what I can do or don't do. It's not complicated. But to throw up these things…Tell me. You don't like it, say it. You didn't like the tower? We made a compromise. Even though our surveys say 85 percent are in favor of this project. Fifty percent are concerned about the height of that tower. Big deal. That smokestack [at waste recycling plant next to Meadowbrook Parkway] is taller than everything on Long Island. Go back and check to see how long that approval took to get through. You're going to get the shock of your life.

HEIGHT OF SMOKESTACK/WANG 384 feet.

ARE YOU FLEXIBLE ON LIGHTHOUSE DESIGN/WANG: I just want you to tell me what you want or don't want and what I can or cannot do. That's all. You know my plan. You know what it is. Please tell me what you like or don't like. Don't tell me, 'Oh, come back to us because some people might not like this.' Don't do that. Just tell me what you want or you don't want. Then, I can decide. Why is that difficult?

CAN CONSTRUCTION BEGIN EARLIER WITH NO ARENA FOOTBALL/PICKER: It just forces us to do things a little bit different. Arena football is not the issue. We believe the AFL will be back next year. The construction, while it would have been ideal to start first in the bowl, we have plans that we can work around it. We'll start when we get those approvals and we can get everything in line. We're going to start whatever that day is. July, August, January, it doesn't matter. We'll just have to do it differently than we would have liked when Charles was talking about July, which made the most sense because it gave some certainty and it allowed the arena to basically be dark so we can work in the bowl.

NEED FOR CERTAINTY/WANG: More important than that is the certainty we're going to do it. Then, we can figure out what is the most flexible way to do it. But we've got to have the certainty we're going to do it. Right now, we're sort of in limbo.

THOUGHTS ON SUPPORT OF ISLES FANS/WANG: I think it's tremendous. As you know, I wasn't a hockey fan before I bought the team. It's so great. Now both of my little ones play hockey. One plays on a travel team, the other plays school hockey. It's great sport. I just don't want to see it leave here. Yes, [Islanders hockey] it's the engine. It absolutely is. That's what makes great metropolitan areas that people come to as a destination. You have to have things people want to see. Every major metropolitan area in this country has major-league sports.

YOU SEE THIS AS A MAJOR LEAGUE AREA/WANG: Yeah. It's got 2.8 million people. This is major stuff.

IS THERE A BALLPARK FIGURE YOU WANT FROM STIMULUS MONEY/WANG: No. I'm not going there. It's not contingent on nothing. We just want the approval so we can get started. Then, we can make our plans and get the financing.

LANCEY ON COMPROMISING: What does Charles make smaller? Does he get rid of some of the next-generation housing? Does he lose some of the jobs? Those are the things that will go away. You ask about the affordability. I can assure you, if the building is not here, it will be a lot less affordable to go to the Garden and drive to the city.

WANG: Just tell me what you want to do. That's all we're asking.

KATE MURRAY SAYS YOU COULD HAVE HAD COLISEUM DONE BY NOW/WANG: Who's paying for that? The county, the owner, says, 'I can't do it.' I said, 'I won't do it because that's your job.' How do we together do something that's good for Long Island longer term, create the kind of jobs and so forth. That's why there is sports technology [facility], to create industry and do something for all of Long Island. Here's the plan. This is what we want to do, work together. We came up with a designated developer and now, it's in front of the town. If you want to refurbish it, the county can refurbish it any time they want. It's their building, their land. They don't even have to talk to Kate Murray.

SO WHY NOT GO AHEAD/WANG: The county says no. They don't have to go to the Town of Hempstead. For them [TOH] to claim credit, like saying, 'If you want to refurbish it, we'll move it quickly…'

WHAT DO YOU SAY TO PEOPLE WHO SAY YOU'RE ONLY CONCERN IS THE REAL ESTATE AND THE ISLES ARE JUST THE MEANS TO THE END/WANG: If that's the way they feel, good. What am I going to say? No it's not. I'm doing this thing because I want the Islanders to thrive. Don't forget, I didn't have to buy the Islanders. I bought them. I wanted them to thrive on Long Island. I'm going to make some money off this, too. I'm going to develop something here that's unbelievable. One day my grandkids driving down the Meadowbrook can say, 'My grandpa built that.' Whoo, that's nice. Right? If they want to say, it's because of the Islanders, fine. But is this good for Long Island? Let's not forget that part. It's going to help us sustain the quality of life we have and produce the kind of jobs that create the industries, not just jobs. But when you say Silicon Valley, Research Triangle, art and fashion in Manhattan, Pratt Institute. Long Island? 'We have the lighthouse out in Montauk, and we're only 30 minutes from Manhattan.' I think we have more than that. We have anything you want to do here, but we don't have a place. We need a place here that you can go to that is what we're about. We've got to stop just extending more strip malls. Somewhere, we've got to say, 'Let's build some economic engines that can drive the future.' That's what we're trying to do here.

DO BUSINESSES NEARBY FEEL THEY WILL BE HURT/WANG: I think they will thrive. Our retail is lifestyle retail catered around sports. Let's say we do the NCAA Frozen Four. Where are [fans] going to go? They're going to the world's second-largest shopping center [Roosevelt Field].

PICKER ON BENEFITS: Even local businesses benefits. To get to the Coliseum, you're going to drive through East Meadow if you come from one direction, and there's shops in there. They're going to benefit.

LANCEY: People living on site, it's not a prison, they can come out and go to restaurants and shops in the neighborhoods.

DO NEARBY RETAILERS THINK THEY WILL THRIVE/WANG: I hope they do. We've been educating. We've been out in the community having more sessions. Same kinds of questions as now.

FANS WANT TO KNOW HOW QUALITY OF TEAM AND PAYROLL ARE TIED IN/WANG: To get a quality team, you have to have the kind of revenue to support the payroll you want. You have to have the kind of facility where people want to come to watch a hockey game. The kind of facility where it's a destination and they want to experience it. Better economic condition, better team. Most players that come here they don't know Long Island. They think of it as the Marriott hotel and the rink, then get me to the airport. If that's the case, I better make that arena [good] because these are the two things they see. [Players ask] 'When are you going to get this Lighthouse? That's [the Coliseum] really a dump.' We know it's a dump. Because nothing has been invested for how many years now? It's like anything else, you start to revitalize and things get going. We want to be a catalyst to rebuild Long Island.

COULD RATNER MOVE NETS BACK TO LONG ISLAND/WANG: I'm going to answer this a different way, and there's no commitment. But imagine if we had it. Imagine if we did it, and we had that thing. 'C,mon, Bruce, let me show you where you could be if you want to be.' Now what do I do? 'C,mon Bruce, let's go in the back way because the elevator ain't working today.' Okay? I didn't answer the question. But think about it if we had this thing built…Imagine if I could do that here? But I can't. That train has left or that boat has sailed.

HAVE FEAR OF WHAT HAPPENS NOW IN TOH APPROVAL PROCESS/WANG: I don't know if it's a fear. We want to educate people about what's at risk, what's at stake. We have close to 25,000 petitions and letters we don't know what to do with. We were thinking of sending it to Kate, but then we thought she'd be upset at us….Hempstead Night should have been a glorious night. They put Kate Murray's picture up, it was terrible [the boos]. I was embarrassed. To send your receiver of taxes to drop the puck? That wasn't politically astute. They sent him out for the slaughter. [Hermmann aside: I heard Bill Guerin told him, 'Tough job, huh?']

WHAT IF TOH DOESN'T APPROVE LIGHTHOUSE/WANG: Then, my options continue to be open. Then, I have to make another decision. I think the county and the town ultimately will recognize [the need for the Lighthouse] because we elect these guys. They're supposed to serve us. If enough people say, 'You aren't serving us, they're going to get upset about it.'

KATE MURRAY IS UP FOR ELECTION/WANG: Really?

HOW MUCH MONEY INVESTED IN THIS SO FAR/PICKER: About $12 million.

WANG ON ISLES ANNUAL LOSSES: Don't forget, we lose about $20 million to $30 million a year on the Islanders. [Says you can look at books then reconsiders based on NHL rules against it]. But I knew going in what the commitment was. I'm not saying, 'Poor me.' I knew what it was going to get. I didn't think it would take this long to eventually get righted.

WANG ON LOSSES INCLUDING TV INCOME: That's real money. That's lost. Yeah, it includes everything.

HAVE LOSSES AFFECTED PAYROLL/WANG: We watch every penny. We try to be as conservative as we can. You see the attendance isn't that great, and you know the deal we have with SMG isn't that great. The more fans we get, we get admissions, but we don't get a cut of food, beverages or parking. Once we build a new one, the county is going to condemn their lease.

PICKER ON INCOME: Merchandise is up, we give a percentage of ticket revenue to them. We give them a fixed number for sponsorship now. It used to be 35 to 45 percent of sponsorship. We bought ourselves out of that this season. So, now, it's a fixed number we pay SMG.

WANG ON PAYMENT TO SMG FOR SPONSORSHIP: The reason is that the inventory we're creating, digital signs and things like that, we really want to be able to create without having to think. So, we paid SMG money and bought it all out.

WHY DID ISLES AGREE TO LEASE/PICKER: It's the old owners. We knew that going in. We understood the negative sides of it. But there was a vision that we thought we could pull off and we're hoping to do that and that we can push this forward in a timely fashion to alleviate all these types of questions that are out there to get us the benefits we've been talking about.

DOES IT SCARE YOU THAT IT'S YOUR LEGACY IF TEAM MOVES/WANG: I enjoy the journey. It isn't where it ended. It shouldn't scare you. You do the best you can. You're not going to do everything. What makes entrepreneurs business people is they have a road they go down, a general direction, you might never get there, but you better enjoy going for it.

WHAT'S NEXT/WANG: We're talking to the town continuously. In terms of the pressure on the town, it's going to be big because the fans are [fired] up. I didn't realize what happened on Hempstead Night, but there's some angry people out there, and that's not a good thing for any politician. Hopefully, they'll see it. What's next? We have a bunch of things they were working together with us. They accepted delivery of the 18 boxes of [ESI]. When they gave us the approval, they knew we were ready to submit because they'd been working with the same documents. Now, if they take 30 days to look at them, you've probably got a problem. So, we're going to gauge it and see. But we ain't going to get stalled. We're moving.

NYIFC Comments:
New York Islander Fan Central later had an entry on 5/3/2009 when Jim Baumbach held the books the Isles released to him for close to a month based on this interview after complaining he never received them.

If There Is No Deal In Nassau County The New York Islanders Permanent Home Should Be Msg

New York Islander Fan Central | 5/09/2012 03:05:00 PM | Be the first to comment!

I have my own solution that would permanently end all discussion about the New York Islanders leaving the metropolitan area.

It would certainly silence my criticism about the Dolan family.

The New York Islanders were Cablevision's team, they were to Charles Dolan what YES is to the Yankees when they were trying to get cable started on Long Island.

I read a lot of how the cable contract saved the Isles, would there even be a Cablevision without the New York Islanders?

This is from 1978:


Charles Dolan wanted to purchase the Islanders from John Pickett, they even signed a contract in 1991 here.

All I keep reading is how Charles Wang is such great friends with the Dolan family, some always tells me how much Msg needs the Islander revenue on their plus x whatever channel the games are hidden on, then they tell me how important the rivalry is, despite the teams never playing besides the regular season?

Fair enough, despite a mountain of evidence to the contrary it's easy to prove moving forward.

On 5/9/2012 the Dolan's AHL hockey team will play a home playoff game in Charles Wang's operated/managed Webster Bank Arena in Bridgeport.

Updated:
A 4-0 loss in front of an announced 1,154 here.

Wang even went to Msg for their 3D game with Dolan here and despite his team losing 3-0 early was the only one who commented with Dolan present.

Friends share?

If the Modern Staples Center in Los Angeles can support three professional sports teams (two basketball) for over a decade explain why would Charles Wang's friends not let the New York Islanders permanently relocate to Msg as a last alternative?

We have posted enough articles about how the Garden threatened to close in 1982 without taxpayer assistance because it was losing money here & how it became permanent here.

New York City even provided low cost electricity here.

The Dolan's wanted to keep this exemption so badly they are renovating. New York taxpayers paid two hundred million for the 1990 Msg renovation according to Mr Keating in a recent entry.

Charles Wang obviously goes to Msg often, he wanted to purchase the Nets. Charles Dolan was at the Nassau Coliseum during the 2002 playoffs cheering here.

A decade ago the Nets were considering relocating to Msg, Dolan gave a no comment
here.

Of course YES was kept off Cablevision for a full year during the Yankee-Net era, when Lamoriello was involved with more than Devils hockey.

Why would Charles Wang's friends not let him permanently relocate to Msg?

Mr Bloomberg/NYC certainly would not object to another sports team that's been a New York franchise from day one being how much he embraces New Jersey football, with more revenue generated for local businesses.

Mr Bettman & the NHL board of governors would clearly not object as it would generate more revenue for the league. The New York Americans were the original New York NHL team at Msg, so two hockey franchises did share a past version of this facility before the Rangers kicked out the original tenant.

Enough New York Islander Fans are present at Msg when they play there to the point Rob Davison joined the Isles (from San Jose) and thought half the Garden was rooting for the Isles when they scored.

Last I looked the same transportation opportunities are in Manhattan that are in Brooklyn.

The Jets left Queens, who moved into Giants Stadium in 1984, they both built a taxpayer assisted facility for over a billion dollars, and the debt on the first Giants stadium was forgiven.

There was a short period a decade ago where the Yankees/Mets were going to being combined in one shared facility with a dome. The Mets did share Shea Stadium during Yankee Stadium's renovation from 1974-75, with the Giants, Jets, Cosmos for a brief period.

If the Dolan's are really supportive of the New York Islanders staying if all else fails in Nassau County this is their opportunity to prove it.

Last summer, I read many times if the Coliseum was closed all events would go to New York City.

So why not the New York Islanders?

That is when you find out who your true friends really are.
***************************
Speaking of friends, I would love to see the look on Lou Lamoriello's face when his team wins a playoff series, advances to the conference finals, and it's television carrier does not even have a studio post-game show because it's a road game?

Yes, both Msg channels have scheduled a post-game show for Dolan's hockey team after Wednesday's road game combined with Knick elimination coverage.

Nothing like saving money on a telecast, but of course Mr Jaffe was let go because a former Islander employee claims he was too critical of the Isles, not because his contract was up and Dolan did not want to pay Jaffe and Goring, who made clear he wanted to travel to all the Islander games during Jaffe's last season.

Whatever.
***************************
The Islanders did announce on twitter the black third jersey's will return next season on Wednesday 5/9.

Botta's Sourced Based Gossip A Waste Of Islander Fans Time

New York Islander Fan Central | 5/08/2012 08:31:00 PM | Be the first to comment!
Today New York Islander Fan Central is going to give former media relations coordinator Chris Botta exactly what he wants, we're going to make him " King " by his own past standards here which he correctly employed with Steve Simmons long ago.

It's time for all of you to demand this former New York Islander employee who resigned  in May of 2008 to finally move on or produce information with direct quotes.

Drop the insider source-game or let him know he is wasting your important time.
  
Botta's guilty of doing what he called out Steve Simmons for, selling himself and stirring the pot while giving you nothing between what he's never allowed to write about any other NHL organization's management. 

Our time is too important to waste with sourced-based information from a former employee with an agenda.

Charles Wang has not made the Islanders arena circumstances a game of public fighting, and has insisted it not be played out in the papers. Wang has made clear the team will honor it's lease, Bettman made clear how right now the Isles leaving is not being considered.

Neither has Michael Picker, Howard Saffan or Paul Lancey.

For the most part Tom Suozzi, Ed Mangano, Rob Walker, and Kate Murray have not made it a public media fight.

What does Botta write?
It's no secret the clock is ticking and the outlook bleak.....
Sensationalism 101.

Was Botta writing this about the Oilers last year, who's lease is up a year before the Isles and still don't have a ground-breaking scheduled? This blog  wrote an entry about how Wang will have to start threatening soon a year ago in May 2011 here & pointed to Darryl Katz's comments in July 2010 here.

New York Islander Fan Central stopped using Botta's entries here even before Garth Snow left him outside the media conference at the trade deadline in February 2010. 

At the time this blog wrote he should write what he wants, it's not our business.

Obviously since then he's forced the issues many times by making the news,  the Islanders were correct. 

Botta can no longer get direct quotes from anyone about his former team, all he can do is write so-called insider,  sourced-based gossip or twitter shots at his former employer, who's blogging job he accepted after he resigned, then by his own account, turned down another............" kind/generous offer of support " in July of 2009.
 
I believe an increasing number of fans have finally grown tired of  Botta's act as well, who's grudge and agenda with management frankly has no cap floor after continued unfortunate dialogue about a former Flyer camp invitee drafted by Garth Snow in goaltender, Cody Rosen, a kid in college who did absolutely nothing to deserve this.

Rosen was interviewed last June 29th in the Waterford Daily Times.

I could not find a link, but I'm sure there are folks out there who remember the Isles/Boston exchanged 9th round selections once because someone had dinner/travel reservations.  

People who claim to be professional, who employ those tactics about an organization they have no current association with are only interested in making themselves noticed.

How can this be the same Chris Botta who's intentions were wonderful for Brandon Sugden long ago?

Chris Botta's no more a prospect expert than any fan writing on a blog or message board, he's not a draft expert nor do teams hire media relations coordinators to work in player/prospect development.

Is it that big a secret that when Botta asks someone about Ryan Strome's potential that person cannot even give his name? 

I found myself amused as he tried to compare forty goal scorer Jason Blake's contract negotiation at age thirty three with two year NHL player PA Parenteau, who's nine years younger after his second full NHL season.

Bottom line either provide a direct quote or stop wasting everyone's time in an attempt to garner attention.

Alan Walsh speaks for Parenteau, who's hardly shy, he fired back at Dolan's beatwriter Arthur Staple earlier this year, who labeled Walsh as sensitive. 

New York Islander Fan Central set our policy on 7/10/2000 & we updated this viewpoint in 8/2011 entry.

It's very easy finding entries to write only using direct quotes or articles with actual information. This blog does not accept sourced-based material.

Rich Hammond was a long-time Kings writer who lost his beat at the Los Angeles Daily News due to coverage cut-backs, the organization hired him, and his work is outstanding despite many rough years for the Kings over a decade.

I would venture to guess Mr Hammond did not get hired by the organization for making Tim Leiweke, Dean Lombardi or their predecessors business continual part of the daily dialogue during a period the Kings missed the playoffs for six years in a row?

What's ironic is in May 2008 New York Islander Fan Central asked Chris Botta a question about paying for media coverage here which he shot down quickly.

By December 5th 2008 he was calling for teams to host media on the road.

This is the same Chris Botta who told me Dolan purchasing Newsday  meant a solid chance coverage would be enhanced?

Of course a former media relations coordinator changing his view about media coverage is not the issue.

This blogs advice to it's readers are demand everyone give you names with on the record quotes or that those individuals stop wasting your important time.  

That is how you end the circus.

Chris Botta is " King " for the final time here.

He permanently becomes " Court-Jester " from this point forward.

Brett Yormark Is Allowed To Purchase New York Islanders

New York Islander Fan Central | 5/07/2012 03:37:00 PM | Be the first to comment!
Please let me make this absolutely clear, this entry in no way implies any rumor of Charles Wang selling the New York Islanders or moving them anywhere.

My preference is that Charles Wang owns the New York Islanders, and the team remains at the Nassau Veterans Memorial Coliseum, in a new/renovated building. 

This entry is entirely to let my readers know what I became curious about over the weekend when I read that Michael Yormark is the President & Chief Operating Officer of the Florida Panthers NHL Hockey Team, and the Bank Atlantic Center. 

I recalled seeing CEO, NETS Basketball, Brett Yormark's comments about the Islanders and wondered if they were related? When I discovered they are brothers it led me to the rules for cross-ownership in one sport.

Michael Yormark has a very active twitter account which has landed him in a few rough exchanges, with the Devils fans recently here & over the criticism of Panthers beat-writer, George Richards, in March of 2011 here.

I asked, he replied. That's it.  
Bottom line if Mr Yormark wanted to be involved with a group to purchase the New York Islanders at some future point or do so himself NHL laws would allow this. 


Until I prepared this entry on Monday 5/7, I did not see this from Brett Yormark on 5/5, I would strongly suggest not connecting this with the New York Islanders in any way.

Speculating Ahead On The New York Islanders

New York Islander Fan Central | 4/30/2012 09:00:00 AM | Be the first to comment!
I wrote a year ago well before the referendum it would likely be rejected, but the framework for what will be approved would happen.

That is how I still see this playing out.

These things almost always get very ugly before they get done, Charles Wang has not made it ugly yet. 

Plenty Of Time:
Edmonton's lease ends in 2014, they are not even close to a ground-breaking here for Darryl Katz's, partly/taxpayer funded facility yet so unless Jay Jacobs can move to Alberta, and build an arena faster than anyone else, the Oilers will be in their current facility past their lease. 

Bottom Line:
Either Ed Mangano finds a way to finance the framework of what Charles Wang agreed to almost a year ago for a thirty year lease extension, or the only owner anywhere in New York/New Jersey, who did not get huge taxpayer assistance will have a decision to make.

That decision also includes a ninety million dollar hotel he will own on the Coliseum property whether the New York Islanders play there or not after 2015. 

Having written all this if Nassau & TOH are determined to lose the New York Islanders, and play the same political game they have for over twenty years it goes beyond what any owner can do.

No owner anywhere builds an arena or stadium out pocket for their landlord to make all the money, if you can find me one, by all means send an e-mail.

If you expect Charles Wang to do that here after a decade plus of taking on losses, with the additional privilege of losing his share of twenty million dollars (with Scott Rechler) on the Lighthouse project that is not realistic.

Most NHL teams in their modern facilities lose money. Tennessean.com reports on the Predators huge losses and public assistance.

Wang made clear he wanted no development rights, he was not going to construct a referendum, legislature, NIFA, approved arena for Nassau a year ago. 

There could well be a next County Executive in 2013 to replace Ed Mangano determined to do whatever is necessary to keep the New York Islanders, despite all the media rhetoric that will follow to push out the Islanders.

Winning/filling the seats always puts a lot of pressure on  local government to make a deal, while staying away helps the politicians. 

Win or lose, those seats have to be filled. 

I see absolutely no chance Charles Wang opts out of his sublease, then asks Ed Mangano to leave now after what he said last summer. Nor do I see Mangano giving him approval to move the team immediately which is what that would require.

Unless someone in Brooklyn wishes to purchase the New York Islanders, I do not ever see Charles Wang taking the club there to lose money on his hotel or anyone in Queens building him an arena.

Dolan sees hundreds of millions in savings on a cable contract, expect the absolute worst in his paper toward that end above all.   

Wang has no media to fight it, he cannot say one word or it will cost him the bare minimal hockey coverage in Dolan's paper,  and on television.

Dolan's paper is being called out again by the Long Island Press for selective reporting? Nothing new there. 
******************************
Gary Bettman:
Mr Bettman's " The Isles will not play one day past their lease", is an act we have seen before in Edmonton a year ago here.

 "I don't think there is any intention of this team to play in this building (Rexall Place) beyond the term of its lease," Bettman said. "There needs to be a new building, and it's that simple."

One of the countless articles with Bettman saying Penguins may have to relocate.
 *******************************
In The Room:
Fans are not in the room, neither are media, only players.

The players work there----they know, we do not.

I have no doubt the players in the room believe this team is on the right track or none of them would have resigned here at any price, much less the ones who were UFA, and could have ripped the management as they demanded out.

Even the goalie who refused to report, and got tolled was thrilled to resign in an organization packed with competition. Why?

As I wrote recently, all it would have taken is John Tavares demanding a trade, instead Tavares told Pat Brisson, his agent, who said the Isles would be one of the last places he would personally sign with before the 2009 draft to agree on a six year extension for his client. 

In over a decade not one former player here has ripped this owner.Why?

Michael Peca ripped the Oilers when he left so please do not tell me it does not happen, Peca always praises Charles Wang. 

All of us can believe whatever we want, but the players on this team, in that room, who work with this management daily are the ones who would be the first to complain if there were issues, instead all of them want to stay here very badly.

This is what I base my viewpoint on. 
***********************
On the Ice:
New York has a draft to prepare for with another top pick, as usual, it's not a class packed with generational talents on paper going in.

On the ice if there is a next season, the Islanders are close to being a playoff team if they can improve their defense at both ends of the ice, either from within the organization, or through free agency/trades which carries a very steep price because all teams are looking to do the same thing. 

If this team can find three defenders who can hit, skate, score to go with Streit, MacDonald, Hamonic they are a solid bet to be a playoff team.

If not, it likely will be more of the same because your defense is a big part of your offense.

Josh Bailey made clear it he likes the wing, he will be held to that statement if he does not produce. This blog has been outspoken often about management playing him outside his drafted position.

*************************
The Cap:
Please stop telling me Nino Niederreiter is here only for cap purposes when Calvin deHaan with his ELC could have been here from day one, and almost made the team three years ago.  If Strome, Nelson or another prospect are ready they will be here.


Taylor (Nelson) Pyatt played 78 games here in 2000-01 with only four goals, he survived, and is in this years playoffs with Phoenix.....so will Niederreiter.

Niederreiter did a lot of hitting in the second half, he was strong on the puck, and generated chances mostly playing with struggling forwards in Reasoner/Pandolfo. 

There are teams all over the NHL with players on ELC (entry level contract) with the exact same contracts the New York Islanders have signed their prospects to.

The New York Islanders are not the first team to offer bonus money to tryout players they sign.

Garth Snow made some excellent signings in MacDonald/Nielsen when they agreed to four year deals, should he have paid them double or triple so the Isles cap hit was higher?

Lies 101 Pt II Raymond J Keating Not Consistent On Views About New York Islanders vs Other Local Teams

New York Islander Fan Central | 4/28/2012 08:31:00 AM | Be the first to comment!
You must write the exact same thing for every single team getting taxpayer money or you are not being consistent.

Raymond J. Keating, claims he is a Long Island based economist, and a New York Islander fan, however he is not consistent with his views, despite his long economic resume. 

Economist/writer, Raymond Keating, is not an unfamiliar name to NYIFC, he made sure to tell folks to vote no overwhelmingly, in the NY Post 7/28/11 one of many city publication that got selective amnesia on every other local team getting massive taxpayer subsidizes or exemptions.

April 2010 Mr Keating was also critical of Mangano and had a few words on his Casino Plan For the Coliseum Site.

Mr Keating was there co-writing an article 4/18/2000 days before Charles Wang purchased the Islanders that article said Long Island fans have shown in the past that they will support a competitive team.

Depending on what you take from his contribution he may have favored a private development from Wang's ownership?

My math may be sketchy in an NHL where attendance figures are obviously inflated, however the Islanders for their low attendance in 2011-12 was significantly higher than it was during Howard Milstein's last season.  
4/27/2012  Mr Keating is now writing if the Islanders cannot pay for their own arena, and they have to move to Quebec or somewhere else so be it. There are still plenty of sports and other entertainment choices around while reminding us about other teams playoff success?
What's interesting there is Mr Keating was just as outspoken about those " other sports choices " getting their taxpayer money or exemptions, however he never wrote that those teams should leave? 

To make matters worse, now he's doing infomercials for the same facilities who got their taxpayer money, as other sports choices?   I guess he's not interested in Mr Vanderbeek's issues at the Prudential Center, where the taxpayer outright paid for a big part of the Devils new home, or how Barclay's Center was financed by taxpayers?

Mr Keating apparently also is not interested or aware of the massive taxpayer funding Quebec's new arena will receive or how Edmonton's arena will be financed by taxpayers which has been widely reported, despite his business articles about Canada. 

It's also fair to write in Mr Keating's view it's now ok to spend our money on other sports choices once we have given them our tax dollars like Msg receiving their 1981 tax exemption check from Mr Bloomberg, while he now attends games at Cablevision's subsidized arena after threatening to revoke it for years?

Mr Keating in 1998 wrote Yankee Stadium should be privately owned, and Mr. Steinbrenner should be told to pay for his own ball park and pointed out how much we paid for the 1973 renovation.

Yankees went on the dole in 1971 when the city took ownership of Yankee Stadium and began a huge renovation. The initial estimate was $24 million, but in the end costs reached almost $150 million -- an overrun of about 500 percent, paid for by the taxpayers.

Mr Keating in 1998 did not write so be it if the Yankees leave, or that there are plenty of other sports choices around? He was critical in pre Dolan Newday 2006 here when the Yankees and Mets got their massive taxpayer handouts for their stadiums, but he seemed to get over it before moving on to his next book.

Mr Keating's 4/5/1999 SPORTS PORK The Costly Relationship between Major League Sports and Government on page fourteen reports New York City taxpayers footed the bill for the Msg two hundred million dollar 1990 renovation while they were also getting their 1981 exemption here.


Bottom line:
Mr Keating seems to pick and choose, that's not acceptable.

You cannot write no taxpayer funds for any team, they should all be privately owned, and if they leave so be it only for one team, then turn around and write we should go to the places you used to be so outspoken against for the same reasons?

Also Mr Keating does not seem to grasp the concept many local governments do not want to give up the land, many stadium's or arena's sit on.

Most of the teams in New York to this day are still paying rent.

It was not easy finding much of anything where Mr Keating called out taxpayer financing on every other local facility that got approved with deals done in backroom that were made without referendum.

Mr Keating apparently also never wrote about Charles Wang's many renovations as a tenant to his landlords building.
*************************
Dolan's got his people working overtime to get the Isles out these days, nothing new there.

I wonder if Nassau paid for a 200m dollar renovation in 1990 and gave whoever owned the Isles an 11m dollar tax exemption every year since 1981 if things would be more exciting for the team? 

Lies 101: Charles Wang Bought the Isles For Real Estate

New York Islander Fan Central | 4/26/2012 05:32:00 AM | | | | | | | Be the first to comment!
It's always amusing how uninformed some folks are about the New York Islanders or it's history, so some people decide to rewrite their own. 

The idea that Charles Wang bought the New York Islanders with Sanjay Kumar for real estate twelve years ago on April 26th 2000 is a flat out lie, which contradicts the entire history of what transpired before 9/27/2004.

They bought this team from Howard Milstein, a billionaire who develops real-estate. Things got so bad, he tried to move within months, then put the team into financial mothballs until it was sold to Wang & Kumar.

Bottom Line:
This became a real-estate deal for Charles Wang, who eventually combined with a top real estate developer to this day in Reckson, Scott Rechler, but he gave many long interviews after 2006 and made clear a development became the plan when the County could do nothing to replace or renovate it's own building.

Sounds familiar doesn't it?

If I failed to include something in a mountain of information, by all means drop me an e-mail, this post will be updated because I want my readers to have an honest and accurate history based on what was reported.

I made sure the quote from Charles Wang about making money was included below.
 
Charles Wang owns real estate in Plainville, he's never developed a single thing in his life on Long Island with Renaissance Properties, not even  with Scott Rechler at that site in 2007 here.

I have never read one word about real-estate Sanjay Kumar owned or developed on Long Island before he sold his share of the team to Charles Wang in 2004.

From the Archives of Islanders-Sound Tigers.  For those interested in the Lighthouse website news archives from 2004-2009 please read.
********************************
From 4/27/2000 link below.
Milstein had planned to develop the Nassau Hub as a means to build a new arena and to underwrite the team' payroll. Those plans fell apart when the owners failed to get all parties to agree to their plans. Under the lease agreement, written in 1979, neither SMG nor Nassau could build on the 70 acres without the others permission.
*********************************
History:
4/26/2000 4:15pm: Wang-Kumar purchase completed: Tom Gulotta's Nassau tried to break the news before it was official already angering Wang here.  

Wang has said previously that Nassau County needs a convention center where major events can be held. County officials have long speculated that if Wang bought the team, he would build a center. County officials said they have received interest from other companies to build a hotel, and county executive Thomas Gulotta has said that whoever purchases the team is expected to build a new arena.

4/27/2000: Press Conference Highlights/Articles here.
The reason for the friendly atmosphere surrounding SMG and the new owners is due in part to former senator Alfonse D'Amato, who received praise from the new owners for persuading them to buy the team. As for the surrounding property, Kumar said, "We are not real-estate developers."

While Wang and Kumar said they have not seen the plans D'Amato submitted to Gulotta in February to develop the Hub, they said SMG's role will be decided soon.

D'Amato proposed a multimillion-dollar plan that included a hotel/exhibition/convention center as the centerpiece, with a host of sports and entertainment retail facilities. The proposal did not
include the possible construction of a new arena.

2/15/2001: Wang discusses adding the Nets, plus comments on a public bond here.
Wang said he hasn't had concrete discussions with anyone regarding a new arena or other plans and believes that, considering the financial condition of Nassau County, now isn't the best time to do it.

"I think Nassau has some issues it has to deal with," he said. "This may not be the right time right now to tell the voters, 'Hey, listen, let's do a public bond or something.' So the timing is sensitive to that."
 
Wang said he hasn't asked Nassau or anyone in the private sector for help in funding a new arena and convention center. There is, he said, a lot of variables to consider. "When you put up a big facility like that, obviously people are not going to do it altruistically," he said. "They want to get a payoff at what's best for the city, state and county." And there is also the task of convincing private investors to join in the project. Wang said there are no guarantees there, either.

4/15/2002: Proclamation Day For Isles Charles Wang and Tom Suozzi's First Comments here.
 But with Nassau's massive fiscal problems, Suozzi admitted that the county is in no financial shape to take on such an expensive project that some say could cost as much as $200 million.

 "If Nassau County is going to be the best it can be, then we should have a world-class sporting facility," Suozzi said. "But it must be done economically and done within a county master plan that includes all parties."

11/19/2003: More Discussion of Wang buying Nets plus local financing for a bond here 
In meetings during the past year, Suozzi officials essentially have threatened to cancel the lease through government action unless SMG agrees to a new management contract giving the county sole rights to develop the property around the Coliseum. Talks are currently stalled.

"We've had ongoing meetings with Islanders and the county as part of a task force for the hub area, and there aren't any easy solutions for anybody," SMG president Wes Westly said. "Our position is, we don't want to stand in the way, but we want a fair business solution."

9/27/2004: Charles Wang introduces the Lighthouse Project here. 
Financial details of the proposed plan by Wang, were sketchy. Picker said the major overhaul of the coliseum and construction of the athletic complex will be done with help from state, county and Wang. He would not release further details. Nassau County Executive Thomas Suozzi would not comment on the proposed plan.

10/11/2004: More From Wang here.
The first phase of the project, "transforming" the Coliseum, will involve state and local government funding, details of which will be discussed tomorrow. 

Opening the first phase of the project to outside  bidding, as one developer group has demanded, ultimately will be a county decision, Wang said. 

But he added:

"There aren't too many owners of the New York Islanders that can do this." "I'm at a point where I can do things like this," he said. "I can look at a much longer horizon. I believe someday people will say, 'He did something for Long Island. That's something Wang built.'"

He's also in it for profit.

"I can also make a lot of money from it," said Wang.

Why does he want it?

"It's my home. It's where I live. I have a view of what I think Long
Island needs. I have the wherewithal to do something about it, to be a catalyst. Ultimately it's going to be the people of Long Island who will decide."

Said Wang, "I'm patient. It doesn't mean I'll have patience forever."


10/13/2004: Memorandum Of Understanding Completed
10/14/2004: Financial Details Of Agreement

Already, some politicians question whether the county should have engaged in a competitive bidding process, instead of quickly embracing Wang's plan. But Suozzi said Wang is uniquely suited to develop the site. And without his economic assistance - an investment of $168 million -public money would have to be used.
 
"The County of Nassau doesn't have the money to renovate the Coliseum," he said. "We need this type of public-private partnership."

Beyond Wang's contribution, the state would be asked to release a $30 million grant approved in 1997 and issue a new $47 million grant, for a total tab of $245 million.

Wang said his proposal is more than a financial investment. 

"I'm not just a developer, I'm a neighbor," he said. "I love this place. I'm putting my name and my money on the line to make Long Island better."

 10/18/2004: Newday Lead Endorsement Of Project. 
Twice during his term as county executive, Gulotta put out requests for proposals for buying the Coliseum and surrounding acres, with the hope the RFP could finally serve as a catalyst for the kind of livable space that planners started pushing almost 40 years ago. The response? Absolute zero.
 3/9/2005: Proposed Coliseum Lease Sparks Outrage
 3/16/2005: D'Amato Weighs In Against High Rise

Suozzi's office issued a statement: "The county's interest is to get a new Coliseum built. As for the redevelopment and proposed tower, it's up to the Town of Hempstead to give or not give these
approvals."


3/19/2005: Financial monitor asked to probe Coliseum proposal
4/22/2005: Nassau Official Calls for Bids on Land Promised for Tower
Mr. Suozzi defended the Wang deal, saying, "This is not a straight real estate deal but a sports arena and team retention deal." Mr. Wang owns the Islanders hockey team and had promised to renovate the Coliseum and pay the county $1.5 million annually for 99 years in return for the development rights.

"This does not cost county taxpayers one cent and will be recognized as one of the country's best sports deals," Mr. Suozzi said, but added: "If somebody has a better idea, please feel free to contact
us. We'll consider any ideas anybody has."


7/15/2005: Wang frustrated with Coliseum progress
When asked if he was losing patience and might scrap his proposal, Wang said, "I'm not at that point, but I'm close."


Wang singled out D'Amato's comments from March that the "Lighthouse" project would turn Nassau into the "Sixth Borough" of New York City. "It saddens me ... to see this being politicized," Wang said. "This is not a Suozzi project. It is not a Republican or Democrat project. This is a Wang project. 

But Suozzi said he negotiated the best deal with Wang. "I want to make this clear, if someone has a better idea, I'm requesting their proposals," he said.

As for D'Amato, who once called Wang "a great entrepreneur and a friend," he characterized Wang's proposal yesterday as "a nonsense plan at this point...


"There's little if any chance, in my opinion, that a plan that as the centerpiece calls for a 60-story tower will be approved," D'Amato said.


8/12-13/2005: Suozzi issues RFP for outside bidding.
Suozzi: Offers must top Wang's
Would-be developers of Coliseum are told their plans must
be 'substantially better' than current $200M bid from Islanders owner


9/23/05: Crossing the line? Islanders, Suffolk in preliminary talks to relocate club if deal to redo Coliseum site in Nassau falls through 
The Islanders' lease in Nassau extends to 2015, leaving plenty of time for the team to secure a second location if Nassau rejects the Lighthouse plan. But the team would have to remain in the metro region to fulfill terms of a deal with Cablevision Systems Corp. to keep the Islanders in its market area. That agreement, which extends to 2031, means they could relocate as far away as lower Connecticut or Brooklyn.


9/29/2005: Wang, Reckson team to redevelop Coliseum Islanders owner, stymied by lawmakers in his plan for the Coliseum, joins with Reckson to bolster his bid
Note-Wang/Rechler Finalized their Joint Venture in Jan 2007.  Mr Rechler also took Reckson private that month and changed name of company to RexCorp Realty.

Wang's project also would require zoning approval by Republican- controlled Hempstead Town, where former U.S. Sen. Alfonse D'Amato is still a political power. D'Amato and Wang had a falling out, after D'Amato criticized the project.
 
But Rechler, who has contributed to Republicans, called D'Amato "an adviser." D'Amato didn't return calls for comment. "I haven't spoken with him, but I hope when I do he will see the light of Charles' plan," Rechler said.


12/21/2005: Charles Wang buys Marriott Hotel
12/28/2005: Mets revise Coliseum proposal
12/29/2005: Tower plans topple Wang says criticism of planned 60-story building overwhelmed rest of proposal for Coliseum property
3/16/2006: Wang, Reckson Coliseum deal becomes official

"Their plan stood up against top-notch competition, and emerged as the best of the best," Suozzi said at a news conference in Mineola. "It matches the vision I've been talking about for 'New Suburbia.' We can look forward to a new minor-league ballpark, a renovated Coliseum, new housing and office space that will create excitement at the geographic heart of Nassau County and create an engine for economic growth. And we accomplish this at no cost to the taxpayers, while significantly increasing the tax base."

 "We got a call from county officials that our proposal had been accepted and we are thrilled," said Reckson Associates chief Scott Rechler, in a call from Australia, where he is on a business trip on Wednesday. Rechler said the development of the hub area has been talked about for decades, but "This is the most momentum I've seen with public support for what the hub area can be. It's becoming a reality."
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Moving Forward From 2006:
Tom Suozzi stuck the agreement in his desk for almost two years before it got to the Town Of Hempstead, who did everything possible to delay/kill the project from that point which was entirely political.

Rezoning application was submitted Nov 2007. Plans were also due at same time here.
April 8th 2008 Town of Hempstead declares Lead Agency and Positive Declaration on application
April 18th Lighthouse project placed on Hempstead fast track

2008/09 Summary of How Things Played Out. 

After Suozzi finally woke up from his slumber and the fast track became slow, Wang & Rechler had lost twenty million dollars/did over two hundred meetings. Suozzi was voted out of office, the zoning proposed by Kate Murray would not accommodate the Lighthouse, or make it financially viable for Suozzi, Wang, Rechler or to date any developer, at least with the Nassau Coliseum in the picture.

Suozzi did his sublease with Wang/and/or Rechler in Dec 2009 after he was defeated.
Ed Mangano came in, Lighthouse was removed from  the County website 1/1/2010 but said the Lighthouse remains a top priority. (sound familiar twitter friends?)

7/23/2010: Kate Murray/TOH Announce Their Lighthouse, Mangano says it's not economically viable.

Scott Rechler is gone, selling his 2005 share of the Marriott to Wang 7/29/10 here.

6/21/11: Hempstead Town Approves New Development Zone For Lighthouse Site

Wang made no request for land development with Mangano's referendum which was a thirty year influx for the county's general fund after his Casino plan imploded quickly in 2011.

Conclusion:
To this day in 2012 Smg's lease has never been condemned, their agreement, written in 1979 where SMG nor Nassau could build on the 70 acres without the others permission has not been changed in any way despite the endless rhetoric about buying out or condemning the lease.

Al D'Amato/Smg submitted their development before Wang-Kumar even purchased the club, all that required was Nassau-Smg approval as written above regardless who owned the New York Islanders.

To this day the New York Islanders are a rent paying tenant, which would not have changed if the referendum was approved.

7/26/11 WFAN Charles Wang audio saying he never threatened to move (3:40) and made clear he has no land development rights (8:09)

The idea Charles Wang only bought the New York Islanders for real estate is a lie.

New York Notables: Contract Status

The sidebar at NYIFC has contract status for all New York Islander UFA/RFA, along with the college players who must be signed.

The prospect blog is updated with the contract status of all players in the teams system entering 2012-13. Qualifying offers must be made by 6/25/2012.

College Prospects graduating must be signed by 8/15/2012 which on paper include Troy Mattila from 2006 & Corey Trivino.

To be clear, John Persson playing on an ATO (amateur tryout contract) with Bridgeport does not mean the Islanders are required to sign him before 6/1/2013 because he is a 2011 draft pick.

The New York Islanders have no selections from the 2010 draft remaining who must be signed by 6/1/12.

Because of no transfer agreement with Russia/KHL, we cannot provide where Kirill Petrov stands in terms of his NHL status or contractual rights the New York Islanders would have over another NHL organization.

Ct Post: Michael Fornabaio had comments from Garth Snow, Brent Thompson, and the players regarding Bridgeport's season plus what's ahead.

Rhett Rakhshani, Mikko Koskinen, Justin DiBenedetto, Tomas Marcinko, Mark Katic, & Ty Wishart are among many important restricted free agents who require qualifying offers by 6/25/2012.

Players not signed who were qualified like Jesse Joensuu a year ago will require another qualifying offer, which is how the Isles retained Jeremy Colliton's rights as he played in Europe.

Yury Alexandrov, signed in KHL for 2012-13 also requires a qualifying offer to retain his rights.

Bettman/Dolan End Game On New York

New York Islander Fan Central | 4/23/2012 06:22:00 PM | Be the first to comment!
You asked so here is our response.

I put no little to no stock in Gary Bettman's comments to the AP because it was not an Islander centric interview, however it's not the first time he has come off as completely opposed to the Islanders staying where they are or relocating to Brooklyn.  

Gary Bettman has an endgame, make sure every franchise generates as much revenue as possible, he either does that or the owners will decide on a new commissioner to fill his position. Any franchise always at the bottom in attendance, not generating a lot of revenue is not good for his resume.

I'm not convinced Bettman speaks entirely for Charles Wang, who despite all the conflicting headlines after 2015 will still own a hotel next to the Nassau Coliseum he spent ninety million dollars for (with Scott Rechler in 2005) after he bought out Rechler's interest in 2010.  

Bettman did not call out older facilities earlier in his tenure or repeatedly say the league will not stay one minute longer than a lease in Montreal, Toronto, Chicago, Buffalo, Boston, Edmonton, Msg, Pittsburgh with many of those outdated facilities much older than the forty year old Nassau Coliseum. 

Given the last time the Isles were a playoff team, and Msg historically has thousands of Islander fans at games when they play in Manhattan (as well as New Jersey) it's obvious the New York Islanders are as much  New York City as the Yankees so Mr Bettman can give the LI-Queens fan-base issue a rest unless he wants to call out who owns the television/newspaper coverage for doing all they can to limit the fan-base which drives any teams ability to generate revenue?

Charles Wang said last year before the referendum on WFAN about thirty/forty percent of the season ticket base is not from Nassau County, which this blog discussed here.

7/26/11 WFAN Interview 2:30  Wang discussing where season ticket base comes from.

If Mr Bettman needs to make more revenue for the people who employ him, he should start by demanding more coverage for the New York Islanders. That starts in Dolan's Newspaper, on his network, along with the city newspapers, who also are doing all they can do save money on Islander coverage permanently.
   
The Daily News even botched the headline for a team they rarely cover.
Brooklyn may not be viable destination for New York Islanders.
Brooklyn not viable destination for Islanders

******************************
Dolan's endgame has never changed. 

Get out of paying close to three hundred million dollars in future cable contract money until 2030, expand their own teams brand officially into Nassau County, perhaps gain control of another sports/entertainment property with all the money saved.

That's why hockey games do not get the front page (or the back-page) for this team, and it's covered extremely poorly, but if something happens to sell what benefits Cablevision/Dolan/Msg, you can bet it will receive inflated headlines, even when Bettman's comments are nothing new.

That's why Bettman's comments are on the front-page of Dolan's newspaper.

Updated:
Dolan's paper on 4/23 also provided room for an editorial by James Darcy, who serves on the Hempstead Town Council praising Kate Murray's Town Of Hempstead for rushing the process, while blaming the developers for the Lighthouse, and that the NHL owners should pay for a new arena, ignoring how every other NY/NJ team had their facilities financed by taxpayers.

Mr Darcy is on team Kate Murray according to his website.

Darcy would also be the person long ago who said the Lighthouse EIS was too long.

He supported a referendum vote, but had a cryptic answer on the information process in 2011.
***************
NYIFC Comments:
I guess George Marlin of NIFA was not available for another Dolan exclusive.


Next Up At New York Islander Fan Central----Time Off

New York Islander Fan Central | 4/17/2012 07:35:00 PM | Be the first to comment!
Updated 4/19:
Southcoast Today: Had comments from former assistant coach, Scott Allen, on leaving the Islanders.
********************************************
Our entry on leap day this year 2/29 has more than enough on the future of NYIFC.

Despite being a blog that is supposed to generally work through twitter, once again much more was posted here because of the incredible support.

My Thanks To Everyone.

Unless something major happens, next week the twitter box will return.

Next Up:
Bridgeport will be in the Calder Cup Playoffs, the prospect blog has that covered.

A section for the World Championships has been set up here for those to follow when that begins in early May, the Isles website is currently doing daily updates leading up to the tournament which has a link here.

The 2012 draft section has been set up also.

My knowledge of the prospects in the draft class frankly is terrible, so to attempt to discuss that here beyond take the best player available would be disingenuous.

Scott Allen and Dean Chynoweth Not Returning For 2012-13

New York Islander Fan Central | 4/16/2012 01:52:00 PM | | | | | Be the first to comment!
Islanders website: Announced that assistant coaches Scott Allen and Dean Chynoweth will not return for the 2012-13 season.

Scott Allen was named Assistant Coach of the Islanders on July 20, 2009.
Dean Chynoweth was named the Islanders Assistant Coach on June 19, 2009.

NYIFC Comments:
Never a good day to see anyone leaving any job.

Dean Chynoweth is a former player with the Islanders so even worse in that regard.

Jack Capuano has had nothing to say since the season ended.

These were both coaches hired for Scott Gordon's second season with the Islanders.

If Capuano wanted them to stay this could be an issue for him, but the question moving forward is does Capuano get to pick his own staff, or will it work like in New Jersey with long time assistant coaches, Larry Robinson & Jacques Laperriere, who stayed behind the bench despite several Devils coaching changes?

Laperriere, has had another role with Devils for a few years now.

No folks, I do not believe for one minute Doug Weight would accept a job as an NHL head coach with this little experience or would Garth Snow offer it to him.

Weights's reaction to this could also be interesting being that he was a full time assistant coach, and part of a staff that has now been significantly changed, as Senior Advisor to the General Manager.

This could take some time to play out depending on what assistant's or former head coaches become available.

If you are asking this blog if someone who makes decisions based only upon watching games/comments of the assistant coaches if these are the correct moves I would have to say no.

I supported Jack Capuano returning, so I have to do the same for the assistant coaches with the exact same reasons.

Of course, it's not that simple if contracts end or if management does not feel the same.

2001-02 Plan Vs The 2011-12 Plan

New York Islander Fan Central | 4/15/2012 02:54:00 AM | Be the first to comment!
We have seen this act before.

The same fans who refused to attend games in the late 1990's are once again tired of waiting, and out of patience.

They blame the owner/gm, and demand immediate action.

A decade ago Mike Milbury gave you action.
This time Garth Snow is determined to stick to his plan.

Sounds nice, reads well, however this time there are major differences.

The same fans who refused to attend games in the late 1990's with Howard/Ed Milstein, who dropped the payroll to nothing, and told Mike Milbury to trade Palffy are no longer here.

This time it's Charles Wang, who's signed all his top players/prospects long-term, and has proven he will spend countless times, but is not going to front-load contract offers which is what all the top free agents receive.

We have no idea what the players back then thought of the Howard/Ed Milstein, but this teams top players, all took Charles Wang's money, and praised him.

All John Tavares would have had to do is instruct agent, Pat Brisson, he is signing only to the point he can go UFA, or will not play here any longer, same for Bailey, Okposo, Grabner.

Instead the same agent who made clear the Islanders would be one of the last places he would personally sign with before he was drafted, agreed to a six year contract for John Tavares.

Frans Nielsen could have made public he will not sign here under any circumstances, same for Nabokov/Parenteau.

Especially Nabokov.

Garth Snow, for better or worse is sticking to his plan, whether we as fans buy-in, his players have which is another big difference.

I'm sure teams would be very happy to take Tavares, 1st round pick, Moulson, Okposo, Bailey, Grabner, Niederreiter, dehaan, Hamonic, MacDonald, Strome, Nelson or many of the Isles other prospects to revisit the 2001-02 plan.

You don't want a repeat of 2001-02? This is the alternative.

Sure if Snow is going to sprinkle in any vets, they better finally be ones who help, or why bother? Mark Eaton for Hal Gil is not the answer, but that's usually the market.

Zach Parise means sixty million dollars front-loaded, and a check for twenty million dollars to cover 7/1/12 to 7/1/13 as lockout protection.

Many of Milbury's former picks or trades (Bergenheim/Comeau/Tambellini, Gervais, Campoli) did not pan out, they got a long look under Snow, then the team moved on.

Trent Hunter got a five year contract that got huge praise, it did not work out, so he got moved for Rolston, neither move worked out.

Garth Snow's made mistakes within the norm of most general managers, he's also shown he has the ability to identify players who have turned into excellent decisions, which go beyond the record of his many counterparts. He's managed to retain his players with contracts it would be hard to argue have not been smart signings based on salary/term.

2001-02 Differences vs 2011-12:
The NHL is different than it was in in 2001, there were no front-loaded contracts, no cap. Trades happened much more frequently. The UFA age was thirty one, now it can be as early as twenty five.

Locked up vs The Plan:
Moulson-Tavares-Okposo
Grabner-Nielsen-
(RFA)Martin-Bailey
MacDonald-Hamonic

Those players are all locked in unless you want the 2001 plan.

Parenteau
Maybe/or not?

Niederreiter/Reasoner
Both are likely locked in.

Cizikas/Ullstrom
Likely will be given long looks in camp.

deHaan/(RFA)Rakhshani/Marcinko/Katic/DiBenedetto
How much longer can they be kept out of the NHL?

Persson/Nelson/Ness/Donovan
Can they play well enough to earn a spot?

Poulin/Koskinen. (RFA)
Anders Nilsson.

Bottom line, there are not a lot of spots available here.

The UFA market will present a few quality players, but many of the middle-tier defenders will all come with some baggage/downside.

Ultimately, this plan could fail. It's not as strong as the late 90's group of prospects on paper right now. What happened in Florida, Los Angeles, Phoenix, and many other places where it took close to a decade may be how it plays out here.

It's not the first time we have made that point here.

This is all without more major injures to top players.

That's a very bitter reality for a franchise that has not made a serious playoff run since 1993.

Still, at this time it comes down to choices.

The 2001-02 plan or the 2011-12 plan?

I do not wish to see these kids leave until we know.