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The Hartford Whalers Are Going Going ...
Beginning of Essay
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 co .... Middle of Essay
.... 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
Civic Center can be blamed on Richard Gordon, the former owner of the Whalers
who did not want the city of Hartford to run the Civic Center. In 1993, the
state decided to negotiate a new lease with the Whalers. The state of
Connecticut did not want to run the coliseum so they hired three private
companies to take this job. These companies would only run the Civic Center if
they could keep all of the revenue from the service they controlled. Richard
Gordon accepted this lease because this agreement would re ....
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Words: 2225 - Pages: 9
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