Thursday, March 31, 2011

NHL All-Stars

The Pittsburgh Penguins are an excellent hockey club with many skilled players, but some other teams do not have many skilled players and this can affect the teams performance and money making abilities.  When teams have skilled players, a lot more merchandise can be sold to the fans.  An example is team jerseys. The team jerseys are worn at games either watched live or at home, and these purchases go towards the Pittsburgh Penguin organization. Since the Penguins have Sidney Crosby, Jordan Staal, Evgeni Malkin, Kris Letang, and Marc-Andre Fleury, there are many jerseys that can be sold all over the world for profitable gains towards the Penguin Organization. Having NHL all-stars on a team will increase the chances of victory, but more importantly the business can never go bankrupt since millions of people are buying products from the Penguins organization.
                One of the key hockey players that contributes to the team’s success and the organizations profit is Sidney Crosby. A young captain that is at the top of the leader board every year is what every organization wants. This young player draws in millions of dollars, whether people come to watch him live or they watch him on television. Also, since he is one of the best players in the NHL, he is the reason of why many sponsors are giving the Pittsburgh Penguins money. If a club has no all-stars, sponsors will feel that not as many people will watch them and therefore their business won’t get recognized. So, if teams want to be successful with money, having all-stars on their team like the Pittsburgh Penguins is what needs to be done.

Wednesday, March 2, 2011

Over many years, the Pittsburgh Penguins have played at the Melon Arena, which was a smaller arena that held up to 18,000 people. The Melon Arena was completed in 1961 at a cost of $22 million. Due to the small size, the Pittsburgh Penguins could not get their maximum profit potential due to the lack of seating. This past year, the Penguins have been able to play at their new arena, the CONSOLE Energy Center. It holds hockey games, family events and concerts which makes use of this new complex all year round.  The CONSOL Energy Center is the first NHL arena to achieve LEED Gold certification, through conservation of materials, sustainability and environmental quality. With this new arena, more people will watch concerts and the organization in control of the arena will make a greater profit and will be able to help with new aspects in the concerts, events and the hockey team itself.
When a new arena is built, it isnt the fact that more people can sit during a sport or entertainment, its the fact that it is NEW that will attract people. Attention spans these days are very short when it comes to people and entertainment, so by the Pittsburgh Penguins having a new hockey arena will attract new customers/supporters that will help make the team generate more money to get better players and equipment.