Our City Online

Messageboard - Sports

NOTE: You are viewing an archived version of the Columbus Underground forums/messageboard. As of 05/22/16 they have been closed to new comments and replies, but will remain accessible for archived searches and reference. For more information CLICK HERE

The Sale of Nationwide Arena - News & Updates

Home Forums General Columbus Discussion Sports The Sale of Nationwide Arena – News & Updates

Viewing 15 posts - 1 through 15 (of 231 total)
  • Author
    Posts
  • #81442
    Walker Evans
    Walker Evans
    Keymaster

    OSU may take over management of Nationwide Arena

    Thursday, April 29, 2010

    BY ENCARNACION PYLE, AARON PORTZLINE AND ROBERT VITALE

    THE COLUMBUS DISPATCH

    Ohio State University and the Columbus Blue Jackets are close to a deal that would put OSU’s Schottenstein Center and the privately owned Nationwide Arena under joint management. The agreement would be one piece – and a small one at that, sources told The Dispatch yesterday – of a larger plan to eliminate the hockey team’s yearly deficit and ensure its future in Columbus.

    Under an agreement that OSU and Blue Jackets officials said could be finalized within two weeks, the university would manage both arenas and handle bookings for concerts and other events. That would save at least $1 million annually for each side because of lower administrative costs and better leverage in booking.

    READ MORE: http://www.dispatch.com/live/content/local_news/stories/2010/04/29/osu-may-take-over-management-of-nationwide-arena.html

    #366060

    cc
    Member

    Sounds like a good start. I think that having two large arena’s is fairly redundant in itself and something that was brought up when they were planning Nationwide Arena.

    #366061

    Tenzo
    Participant

    Good, move the Columbus BJs to the Shott and put a casino in Nationwide.

    #366062

    cc
    Member

    Tenzo wrote >>
    Good, move the Columbus BJs to the Shott and put a casino in Nationwide.

    +1 :)

    #366063

    pilsner
    Participant

    Or, move OSU basketball to Nationwide and put a casino in Value City Arena. At least a few college students would hit it big and graduate w/o student loans.

    #366064

    groundrules
    Participant

    I heard if this happens, Tressel is gonna is gonna coach the Jackets.

    #366065

    GW_Justice
    Participant

    What, no teabaggers foaming at the mouth, calling this socialism?

    #366066

    jackoh
    Participant

    Now correct me if I am wrong (or way too conspiracy theory oriented in my thinking), but isn’t OSU a state supported institution, i.e. funded with taxpayer dollars? So could this be a way of routing taxpayer money, through a very indirect and publically acceptable appearing manner, to help shore up the Blue Jackets?

    #366067

    pilsner
    Participant

    jackoh wrote >>
    Now correct me if I am wrong (or way too conspiracy theory oriented in my thinking), but isn’t OSU a state supported institution, i.e. funded with taxpayer dollars? So could this be a way of routing taxpayer money, through a very indirect and publically acceptable appearing manner, to help shore up the Blue Jackets?

    Possibly, but I doubt it.

    I think this is just a way for Nationwide and the Blue Jackets not to have to pay the management company to run the arena. And now the two arenas will be in collusion as to what artists/events go where.

    If OSU money gets siphoned off to the Blue Jackets people will scream bloody murder.

    #366068

    groundrules
    Participant

    jackoh wrote >>
    Now correct me if I am wrong (or way too conspiracy theory oriented in my thinking), but isn’t OSU a state supported institution, i.e. funded with taxpayer dollars?

    OSU is large enough that not everything comes out of one big pot of money. There is a ton of private money and self-supporting business endeavors that act independently from state funds.

    #366069

    Likes Old Houses
    Participant

    The Schott is managed by the OSU Athletics Department which is self funded, and separate from the rest of the publically funded college.

    #366070

    jackoh
    Participant

    To be clear, I wasn’t seeing this in terms of taking money from OSU’s budget, or having OSU support anything. I was seeing it more in terms of finding a route to send funds. Legislators and public officials do this all of the time. They have a project that they want funded, but know that if they announce it to the public there will be a call for their heads. So they simply find a way to disguise the funding by funneling it through some unconnected agency. Hell, they’ve even been known to use private entities for purposes like this!

    #366071

    pilsner
    Participant

    I’d rather politicians funnel money to the Blue Jackets through OSU rather than Franklin County or the city of Columbus.

    But I don’t think it will happen. There will be too much scrutiny as the Blue Jackets carry a high profile.

    #366072

    shroud
    Participant

    As long as the costs for this are kept within the athletic department, I don’t have a problem with it, since it is self-funded and they’ve got more than enough to go around.

    I do worry about the competition factor – don’t the two arenas already compete for bookings? So now they’ll be effectively competing with themselves?

    #366073

    davidjay
    Participant

    Just an FYI everyone.

    The Schott is not managed by the athletics department and is completely self sufficient financially. No university funds are used to run the building.

Viewing 15 posts - 1 through 15 (of 231 total)

The forum ‘Sports’ is closed to new topics and replies.

Subscribe below: