Q: Could you elaborate on "sharing a building with two other professional teams" and how that's detrimental to an organization?
A: Happy to, there is a thing called "primary tenancy" in any building. For example: At the Staples Center in LA, the NBA Lakers have primary tenancy. The LA Clippers have secondary, and at the bottom are the Stanley Cup champ NHL LA Kings. I don't know what the division of revenues for non-sport events are in LA, but I know that dividing that by 3, with all its concessions, etc dilutes revenue. And that's assuming all the concerts and suite revenue would be shared. Compare that with a Detroit. Great building, great team, primary tenant. They get ALL revenues for anything that happens there.