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NHL commissioner Gary -- Indiana -- kicks -- -- 20082009.
Regular season tomorrow night.
They ended slightly different -- joined us now for a first on fox.
Then -- -- good morning -- Batman thanks so much for being here.
Good morning great to be with you want.
-- day for you to be down there I have to ask you you know I was talking to mark here than just a couple days ago about this current climate.
You're on the cost.
You know starting with the -- -- then you probably sold the vast majority of tickets.
But what are the owners and the -- thing about this current climate and how is that affecting you guys.
Based on what's going on in the financial sector.
Everybody's keeping a close side because we don't think any business.
Or industry will be immune having said that you're absolutely right we have not yet felt the facts are season ticket -- Are up 4% -- over where they were last year and our individual game tickets are up almost 13%.
Which is staggering.
It is a test and then I suppose -- the passion of our fans that are -- card game.
But we know that if this economic situation continues to gets worse we're gonna probably be -- like everybody else.
You know mr.
-- when you look ahead -- and this current environment you know -- shining -- times in history whether it was World War II or or other periods where we've had a recession depression you -- -- Where the game had to go on because people needed a diversion and it is that why you think you will hold up well even given this current climate.
Well I think you're right sports is the place where people as a community can come together the -- demonstrate passion and emotion.
And it's generally a feel good environment when you either go to one of our games -- you're watching it on television.
And I think people are gonna continue to need distractions.
And relative other forms of entertainment we're still somewhat affordable.
And so the combination of factors does -- make us immune to what goes on in the economy.
But I think it's it's also a place where people seek refuge.
You know mister -- and one of the things we've talked with a lot of executives of -- is how do you prepare for the future.
You've already sold out for this year but I imagine you gotta work on the game plan going forward.
And part of that have to deal with advertising spending.
You know making sure that you're addressing the brand but addressing the brand -- -- in and declining economy how do you do that.
Well first of all -- we're not completely is sold out in terms of our revenue sources.
While probably seventy or 80% -- our revenues are accounted for.
We're not done for the season and we've got to be very cautious and like any business where -- keeping an eye on the expense side.
Making sure that we're keeping things in balance as we look forward what we have to do.
Is make sure that our game is strong on the ice that it's entertaining.
And we have to be cautious with the plans were making because we can't take any of our revenue sources for grant the and like any well run business we've got to keep an eye on the bottom line in expenses.
And we're -- -- -- there where things like insurance and transportation costs continue to rise and that's something that's gonna impact the bottom line.
-- any shot in my New York Rangers could let the company -- -- Well the Rangers -- never make long term predictions I like they just came back from Europe.
They won two games and -- now.
We also -- two games in Stockholm.
Or four games were huge successes and sold out.
And so while we start tomorrow night North America we have had word games in Europe and we're off to a great start.
All right mr.
-- NHL commissioner great pleasure having you thanks so much for commenting on the current environment and good luck -- -- -- big game on Friday night at least here in New York thanks so much thank.
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