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The Hartford Whalers Are Going Going ...
Part one of term paper
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; however, the lease causes
the Whalers to lose money. The mall is own ...
Part two of term paper ... Services to
run the coliseum, and Ogden receives all of the revenue from luxury boxes, the
coliseum club, advertisements, rental fees and the exhibition hall. The state
also hired Kinney Systems to run the parking garage and Service America
Corporation to run the concessions. Both companies receive all revenue from the
service they run. After all of this, there is no money left for the Hartford
Whalers (Swift & Arace, 1+).
The reason why these three companies keep all of the revenue from the
...
Word count: 2225 | Approximate pages: 9
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