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Northlands (organization)
Edmonton Northlands, operating as Northlands, was a non-profit volunteer organization in Edmonton, Alberta. The organization owned exhibition grounds in northeast Edmonton collectively known as the Edmonton Northlands, which included venues such as the Northlands Park raceway, the Edmonton Expo Centre, and Rexall Place–the former home of the Edmonton Oilers. The organization also hosted the annual exhibition K-Days, and the agricultural show Farmfair International. Northlands began to decline in the 2010s after the construction of a new downtown arena—Rogers Place—which is operated by the Oilers, and took on most of the major indoor events that had previously been held at Rexall Place. The organization had also taken out a $48 million loan to cover a recent expansion of the Expo Centre. After a failed proposal to redevelop Northlands Park, Rexall Place, and add a 5,000-seat arena to the Expo Centre, Northlands transferred the Expo Centre (via Edmonton Economic Development Co ...
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Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Edmonton Gardens
The Edmonton Gardens was the first indoor hockey arena built in Edmonton, Alberta, Canada. It was originally built as Edmonton Stock Pavilion in 1913, and held 5,200 spectators after its 1966 renovations. It was home to the World Hockey Association's Edmonton Oilers from 1972 to 1974. The Oilers moved to the brand new Northlands Coliseum after the 1973–74 season. In addition to the Oilers, the Edmonton Oil Kings, Edmonton Eskimos hockey team, and Edmonton Flyers played their home games at Edmonton Gardens. It held a wide variety of events, including hockey, curling, basketball, boxing, figure skating, circuses, rodeos, bingo nights, car shows, conventions, horse shows, and bull sales. The arena was built at the fairgrounds in order to be away from the city, thus allowing it to also be used as a livestock pavilion, alongside the stables and horse race track. The opening ceremonies were held on Christmas Day 1913, exactly 19 years after Edmonton's first hockey game, featuring ...
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Casino
A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertainment, such as stand-up comedy, concerts, and sports. and usage ''Casino'' is of Italian origin; the root means a house. The term ''casino'' may mean a small country villa, summerhouse, or social club. During the 19th century, ''casino'' came to include other public buildings where pleasurable activities took place; such edifices were usually built on the grounds of a larger Italian villa or palazzo, and were used to host civic town functions, including dancing, gambling, music listening, and sports. Examples in Italy include Villa Farnese and Villa Giulia, and in the US the Newport Casino in Newport, Rhode Island. In modern-day Italian, a is a brothel (also called , literally "closed house"), a mess (confusing situation), or a noisy ...
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Ice District
Ice District is a $2.5 billion mixed-use sports and entertainment district being developed on of land in Downtown Edmonton and a portion of the neighbourhood of Central McDougall. Its main attraction is Rogers Place, the home arena of the Edmonton Oilers professional ice hockey team. When completed the area will be Canada's largest mixed-use and entertainment district. The developers of the district are the Katz Group and the ONE Development Group. On July 13, 2015, it was announced that the area of the city surrounding the arena from 101 and 104 Street to 103 and 106 Avenue would be referred to as "Ice District" – a name created by Daryl Katz. Landmarks and attractions Rogers Place Rogers Place, the home arena for the Edmonton Oilers of the National Hockey League, is the main attraction of the district. Opened on September 8, 2016, it seats 18,500 people for hockey games. The cost of the arena was around $480 million. Ford Hall The winter garden, named Ford Hall, is a , clim ...
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Katz Group
The Katz Group of Companies is a Canadian privately-owned enterprise, with Samantha operations. In sports and entertainment and real estate development. Oilers Entertainment Group (OEG), a subsidiary of the Katz Group, owns the National Hockey League five-time Stanley Cup Champion Edmonton Oilers, as well as professional hockey franchises in the American Hockey League, Western Hockey League, and ECHL, and Aquila Productions, an entertainment and event company. OEG operates Rogers Place in downtown Edmonton. Katz Group is also involved in land assembly, site, and building development in Canada and the United States, including the design and development of Ice District, an area encompasses more than 25 acres anchored by Rogers Place. Katz Group is based in Edmonton, Alberta. Its founder and chairman is Daryl Katz. Katz Group had some history in the pharmacy business from 1991 until 2016, when it sold its remaining pharmacy interests including the Rexall Drugstore brand and stores to ...
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Naming Rights
Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of time. For properties such as multi-purpose arenas, performing arts venues, or sports fields, the term ranges from three to 20 years. Longer terms are more common for higher profile venues such as professional sports facilities. The distinctive characteristic for this type of naming rights is that the buyer gets a marketing property to promote products and services, promote customer retention and/or increase market share. There are several forms of corporate sponsored names. For example, a ''presenting sponsor'' attaches the name of the corporation or brand at the end (or, sometimes, beginning) of a generic, usually traditional, name (e.g. Mall of America Field at Hubert H. Humphrey Metrodome); or, a ''title sponsor'' replaces the origin ...
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Edmonton Investors Group
The Edmonton Investors Group Limited Partnership (EIGLP) was the limited partnership that owned the Edmonton Oilers of the National Hockey League and the Edmonton Oil Kings of the Western Hockey League. With more than thirty individual shareholders, EIGLP was the largest ownership group in the NHL. Among the four North American major sports leagues, only the Green Bay Packers have a larger ownership group. The EIG were the key players for keeping the Edmonton Oilers in Edmonton, Alberta, Canada long term by purchasing the team from then-owner Peter Pocklington for 107 million ($ in Canadian dollars) and preventing the team from being moved by being purchased for US$90 million ($ in American dollars) or C$127 million ($ in Canadian dollars). History Pre-Edmonton Investors Group In the mid-1990s, Edmonton Oilers owner Peter Pocklington was in a precarious financial situation. Pocklington's main creditor, the Alberta Treasury Branches, were demanding repayment of millions of doll ...
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Houston Rockets
The Houston Rockets are an American professional basketball team based in Houston. The Rockets compete in the National Basketball Association (NBA) as a member team of the league's Western Conference Southwest Division. The team plays its home games at the Toyota Center, located in Downtown Houston. Throughout its history, Houston has won two NBA championships and four Western Conference titles. It was established in 1967 as the San Diego Rockets, an expansion team originally based in San Diego. In 1971, the Rockets relocated to Houston. The Rockets won only 15 games in their debut season as a franchise in 1967. In the 1968 NBA draft, the Rockets were awarded the first overall pick and selected power forward Elvin Hayes, who would lead the team to its first playoff appearance in his rookie season. The Rockets did not finish a season with a winning record for almost a decade until the 1976–77 season, when they traded for All-Star center Moses Malone. Malone went on to ...
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Leslie Alexander (businessman)
Leslie Lee Alexander (born June 30, 1943) is an American attorney, businessman and financier. He is a former bond trader from New Jersey. He formerly owned the National Basketball Association (NBA) team Houston Rockets for 24 years, from 1993 to 2017. Early life He was born in 1943, to a Jewish family in New York City. In 1965, he graduated from New York University with a bachelor's degree in economics and later earned his juris doctor from the San Diego campus of Western State University College of Law, now known as Thomas Jefferson School of Law. Career Alexander began his career as an attorney. From 1978 to 2009, he was a member of the California State Bar. His first job was trading options and bonds for the Wall Street firm, Lawrence Kotkin Associates. In 1980, he left to form his own investment company, The Alexander Group. He also owns an 18.5% stake iFirst Marblehead a private student loan company. In the July before the 1993-94 NBA season, Alexander bought the Houston ...
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Right Of First Offer
Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. A first refusal right must have at least three parties: the owner, the third party or buyer, and the option holder. In general, the owner must make the same offer to the option holder ''before'' making the offer to the buyer. The right of first refusal is similar in concept to a call option. An ROFR can cover almost any sort of asset, including real estate, personal property, a patent license, a screenplay, or an interest in a business. It might also cover business transactions that are not strictly assets, such as the right to enter a joint venture or distribution arrangement. In entertainment, a right of first refusal on a concept or a screenplay would give the holder the right to make that movie first while in real ...
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Peter Pocklington
Peter Hugh Pocklington (born November 18, 1941) is a Canadian entrepreneur and vocal advocate of free-market capitalism. Peter Pocklington was known among North American hockey fans as "Peter Puck", the maverick entrepreneur from oil-rich Alberta who was also the owner of the National Hockey League (NHL)'s Edmonton Oilers. He earned the enmity of many Canadians when he traded hockey's greatest player, Wayne Gretzky, to the Los Angeles Kings. Pocklington's life experiences were extensively documented in the 2009 biography, ''I'd Trade Him Again: On Gretzky, Politics and the Pursuit of the Perfect Deal'', written by Terry McConnell and J'lyn Nye. The book's title was inspired by Pocklington's ongoing conviction the Gretzky trade was the right deal at the right time and had a positive impact on all parties concerned: the Oilers, the Kings, Gretzky and the game itself. Early life and career Pocklington was born in Regina, Saskatchewan, to Basil Cohen Pocklington, an insurance execut ...
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Wayne Gretzky
Wayne Douglas Gretzky ( ; born January 26, 1961) is a Canadian former professional ice hockey player and former head coach. He played 20 seasons in the National Hockey League (NHL) for four teams from 1979 to 1999. Nicknamed "the Great One", he has been called the greatest hockey player ever by many sportswriters, players, '' The Hockey News'', and by the NHL itself, based on extensive surveys of hockey writers, ex-players, general managers and coaches. Gretzky is the leading goal scorer, assist producer and point scorer in NHL history, and has more assists in his career than any other player scored total points. He is the only NHL player to total over 200 points in one season, a feat he accomplished four times. In addition, Gretzky tallied over 100 points in 16 professional seasons, 14 of them consecutive. At the time of his retirement in 1999, he held 61 NHL records: 40 regular season records, 15 playoff records, and 6 All-Star records.For his titles, see * Th ...
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