COLUMBUS, Ohio — The Associated Press Published on Thursday, Nov. 05, 2009 12:21PM EST Last updated on Thursday, Nov. 05, 2009 1:13PM EST
A new report warns that Columbus may have trouble holding on to the NHL's Blue Jackets because the club has been losing $12-million (U.S.) per year.
The report released Thursday by the Columbus Chamber offers options for strengthening the team's financial position, such as new taxes or fees.
Other suggestions include allowing the team to renegotiate its lease for Nationwide Arena or trying to attract a second major tenant for the arena.
Blue Jackets president Mike Priest says that the team's current economic model has “significant disadvantages” and that it plans to work with public and private groups to find a solution.
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