Why Buffalo is the place to be for economic news
Buffalo, New York — The Buffalo Sabres will hold an investor meeting Wednesday to discuss their plans for 2017-18 and beyond, but for now, the focus is on the NHL’s expansion and the NHLPA’s recent proposal to create an independent economic council.
The NHL and the players union are expected to unveil their collective bargaining agreement (CBA) at the owners meetings in Orlando, Fla., on Tuesday.
The NHLPA, meanwhile, has released a detailed proposal for the creation of an economic council that would be tasked with helping the NHL and its owners navigate the complicated business of making deals with the league’s 30 teams.
Buffalo Sabres owner Terry Pegula says the NHL will create an economic advisory council.
NHLPA VP of labor relations and external affairs Matt Millen, left, and Pegula at the NHL owners meetings last month in Orlando.
The union is currently working with the NHL on a CBA and has a plan to create a council to help the league and its teams navigate the complex business of the CBA.
Buffalo’s mayor, Kathy Ivey, said Wednesday she has received many phone calls from players about the NHLCBA and its effect on their lives and on the city.
“The NHL has not said, ‘We are going to be in your back pocket, you have no say in it,'” Ivey said.
“But this is what the players want.
This is what they’re asking for, and it is not going to come from the owners.”
The NHL is set to open an arena in downtown Buffalo this season.
The team is also seeking to relocate to a new arena in Las Vegas, and the owners have signaled that the city will not have a major financial stake in the development.
The league also is seeking a new stadium in Atlanta for next season.
The NHL, however, has a history of negotiating with the union.
A decade ago, the league negotiated an expansion franchise in Las Angeles.
That deal is scheduled to expire at the end of 2020, but a new deal could be in place for the 2017-19 season.
Buffals owners, however are optimistic about a new season and a new CBA, saying they want to get the new arena up and running quickly, and that they will continue to make all necessary investments in their community.
“This is a business we’re going to do right,” Ivey told ESPN.
“We’re not going away.
We’re going forward, and we’re not stopping here.”
Buffalo Mayor Kathy Ivey says the city’s residents have been a major factor in making the city the perfect location for the NHL.
“The city has always been the place where people feel comfortable coming out and having a good time, and if you have an open space, the kids are out, the people are out and you can get to know your neighbors,” Iveie said.
While Ivey has said she wants the NHL to continue in Buffalo, Ivey noted that her decision not to take a direct vote in the upcoming CBA was based on the feedback from the players, including players like Phil Kessel, who have expressed a desire to move to Buffalo.
Ivey also said she was encouraged by the feedback received from players who visited the city and the support the city received from fans after the city won a major tax credit to help pay for the construction of the new stadium.
Ivey is not worried about the city becoming a destination for tourists.
“I’m very concerned that people might not come here, but the same with the people who are coming to visit,” Ives said.
The NHL will also meet with the governors of Florida, Georgia, Indiana, Missouri, New Mexico, Oklahoma and Texas in an attempt to work out a deal that will allow the league to move the 2017 NHL All-Star Game to Buffalo, but that will not be a permanent location.
The All-Stars will be held at the Nassau Coliseum in Syracuse, New Jersey, next year.
The Nassau Convention Center, home of the United States Olympic team, will host the 2019 NHL Allsvenskan.