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Beginning of Paper
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The Hartford Whalers Are Going Going ...
The Hartford Whalers are in a very tough situation at this time. When
Peter Karmanos bought the team in May of 1994, he inherited the worst lease
agreement at the smallest arena in the NHL. The Hartford Civic Center lease
agreement creates profit for private companies; howe ....
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Middle of Paper
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.... if
they could keep all of the revenue from the service they controlled. Richard
Gordon accepted this lease because this agreement would repay him for an
additional ten million dollars in loses and he sold the team a year later (Lang
53-69).
The Hartford Whalers is the only major league team in Connecticut and at
the Civic Center. They currently have a bad lease which causes them to lose
money. The Hartford Whalers play all exhibition, regular season, playoff games,
the training camp, and some practice time rent free at the Civic Center.
However, the Whalers get no revenue from concession ....
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SUBJECTS
