Arguing against publicly funded arenas

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Perhaps this might not be the case for New York Rangers and New Jersey Devils fans,* but most hockey fans probably feel a bit bad for New York Islanders fans right now. A lot can change between now and 2015 – when the team’s lease with the decrepit Nassau Coliseum finally expires – but engineering voting on a low turnout day still couldn’t nab public funding for Charles Wang’s new arena referendum. There have been a variety of escape routes discussed around the Internet, but the outlook appears to be pretty bleak for the Islanders’ chances of staying in Long Island.

That’s a shame, but the lukewarm response indicates that the Islanders aren’t important to enough people. That’s not to say that they are without hardcore fans and people nostalgic for the days of Mike Bossy, Bryan Trottier and Billy Smith. It’s just to say that memories haven’t been enough to gloss over a long span of losing and limited hope for significant change.

That being said, Arctic Ice Hockey makes a strong argument against public funding for arenas even if the Islanders did hold a stronger place in the heart of fans in the region. Let’s take a look at the four-point argument against public funding for arenas.

1. Economic studies show that the impact is minimal

The economic impact of sports teams on an area ranks as one of those arguments that are too complicated for sports writers. That’s why the author points to two studies (here and here) to back up that point. I don’t think many would argue that there is no impact at all, but those studies point to the fact that the benefits probably don’t outweigh the drawbacks in most (if not all) cases.

2. If it was a good investment to increase property value, owners would want to use all their own money.

The second one also rolls into Point 1: if building an arena in an area would make that area flourish so much, they wouldn’t a deep-pocketed businessman (like that team’s owner) want to jump on the opportunity?

3. Subsidies reward poor financial management

The funny thing about publicly funded arenas is that you don’t exactly see those lucky owners giving money back to the taxpayers. Maybe there are plans in which some kickback does take place (and not just based on the hypothetical increase in property values) but when owners don’t have to fork over their own money, one of their biggest costs is taken away. That allows them to continue to make the mistakes that probably got them in that predicament in the first place: spending their money on the wrong players or giving good players too much money.

4. If a team can’t survive in a market, it shouldn’t be there.

One other bitter pill to swallow in that failed referendum on Monday was the tepid turnout (and the fact that it was designed to take advantage of lower voting numbers). If you’re confident that a market couldn’t stand the idea of losing its team, wouldn’t you call on a vote at the busiest time possible?

Nassau Coliseum has been derided for its condition, but the bottom line is that sports fans will sit in uncomfortable seats (often with bad sight lines) if it means they get the chance to root for a good team. Maybe a new arena would help them earn more money from the tickets they sell, but the tenor of the arguments would be about maximizing profits rather than mere survival if the Islanders were a contender.

***

Ultimately, these arena deals often come down to leverage. Jerry Jones received plenty of help in building his absurd stadium because Arlington wanted to attract the Dallas Cowboys. The Pittsburgh Penguins got Consol Energy built because of Sidney Crosby and their image as a rising team. It would be a shame if the Islanders relocate, but right now, not enough people care to make something happen. That’s the sad bottom line.

* – Unless they’re worried that their teams won’t get to beat up on them anymore.

Canucks’ Ilya Mikheyev to have season-ending knee surgery

Ilya Mikheyev
Bob Frid/USA TODAY Sports
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VANCOUVER, British Columbia — Vancouver Canucks right wing Ilya Mikheyev is set to have season-ending surgery on his left knee.

Canucks general manager Patrik Allvin said Friday night the 28-year-old Russian forward tore the anterior cruciate ligament in his left knee in the team’s first preseason game Sept. 25. Mikheyev will undergo surgery next week and is expected to be ready for training camp in the fall.

Mikheyev was originally listed as week-to-week with the injury and played 45 regular-season games, finishing with 13 goals and 15 assists. He scored in his final appearance Friday night, a 5-2 home victory over Columbus.

Mikheyev signed a four-year, $19 million contract as a free agent last summer.

Maple Leafs’ Matthews out at least 3 weeks with knee injury

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Nick Turchiaro/USA TODAY Sports
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Toronto Maple Leafs center Auston Matthews will miss at least three weeks with a sprained knee.

The team announced the reigning MVP’s anticipated absence Friday, two days after Matthews was injured in Toronto’s victory against the New York Rangers.

Matthews is expected to miss at least six games and could be out for a few more. The timing of the injury coinciding with the NHL All-Star break and the Maple Leafs bye week prevents this from costing Matthews more time out of the lineup.

After being voted an All-Star by fans, Matthews is now out of the event scheduled for Feb. 3-4 in Sunrise, Florida. The league announced Aleskander Barkov from the host Florida Panthers will take Matthews’ place on the Atlantic Division All-Star roster.

Matthews, who won the Hart Trophy last season after leading the NHL with 60 goals, has 53 points in 47 games this season.

Caufield opted for surgery with Habs out of playoff race

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MONTREAL — Montreal Canadiens winger Cole Caufield said Friday he wouldn’t be having season-ending surgery on his right shoulder if the team were in playoff contention.

But with the Canadiens near the bottom of the Eastern Conference standings, the 22-year-old Caufield said he decided to have the surgery to protect his long-term health. The procedure is scheduled to be performed by Dr. Peter Millett on Wednesday.

“I didn’t want to stop playing,” Caufield said. “I had a couple tests done to look at it more clearly but, in the end, like it could’ve been one more fall and it could have been even worse.”

Caufield, who leads the Canadiens with 26 goals in 46 games, had three different medical opinions on his shoulder before concluding that his season was over.

“I think they’ve seen a lot more than I have and they know the differences and what they like or don’t like about it,” he said about the medical opinions. “Long term, I think this is what’s best but for sure it was tough to sit out that game against Toronto on Saturday night.”

Caufield initially felt the injury in an awkward fall during Montreal’s 4-2 loss at Dallas on Dec. 23. He said his right shoulder popped, and he replaced it himself.

Caufield felt it again in the Habs’ 4-3 loss at Nashville on Jan. 12. The club announced on Jan. 21 that Caufield would miss the rest of the season.

Caufield is nearing the end of his three-year, entry-level contract and will be a restricted free agent this summer.

All-Star Matty Beniers to miss next 2 games for Kraken

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SEATTLE — Seattle Kraken rookie All-Star Matty Beniers will miss the team’s final two games before the All-Star break after taking a big hit from Vancouver’s Tyler Myers earlier this week.

Seattle coach Dave Hakstol said after morning skate Friday that Beniers would not play Friday night against Calgary or Saturday against Columbus. Hakstol did not speculate on Beniers’ availability for next weekend’s All-Star Game in Florida.

The team has not specified what kind of injury Beniers sustained from the hit. He was barreled over by Myers away from the play early in the second period in Wednesday’s 6-1 victory over Vancouver. Myers was penalized for interference on the play. Beniers returned briefly for one shift later in the period but did not play in the third period.

Beniers is Seattle’s lone All-Star selection this season. He leads all rookies in goals (17) and points (36), and is fifth in total ice time for rookies.

Seattle also placed defenseman Justin Schultz on injured reserve and recalled forward Max McCormick from Coachella Valley of the AHL. Hakstol said Schultz is improving but there’s no timeline on his return.