Canucks Sports & Entertainment

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Canucks Sports & Entertainment
Type Private
Industry Sports, Property management
Founded 1995 (as Orca Bay Sports & Entertainment)
2008 (present name)[1]
Key people Francesco Aquilini, Chairman
Mike Gillis, President
Victor de Bonis, CEO
Products Professional sports teams, Arenas
Operating income $17.6 million[2]
Net income $119 Million
Owner(s) Aquilini Investment Group
Subsidiaries Vancouver Canucks

Canucks Sports & Entertainment, previously known as Orca Bay Sports & Entertainment, is a sports and entertainment company in Vancouver, British Columbia, Canada that owns and operates the Vancouver Canucks of the National Hockey League team and their home arena, Rogers Arena.

Contents

[edit] History

The company was created in August 1995 by then co-owners Arthur Griffiths and Seattle billionaire John McCaw, Jr. to operate the Vancouver Canucks, the Vancouver Grizzlies, and General Motors Place. McCaw later assumed full ownership of the company and its assets in 1996.[3] In November 2004, Vancouver-based investment company the Aquilini Investment Group purchased 50% of the company from McCaw and two years later bought the remaining 50%.

[edit] NBA return

It was reported on May 13, 2009 by local radio station the TEAM 1040 that Francesco Aquilini and Canucks Sports & Entertainment had expressed interest in purchasing the Indiana Pacers of the National Basketball Association and moving the team to Vancouver. A possible deal would depend on if Pacers owners Herbert and Melvin Simon can secure a new lease agreement with the Indianapolis Capital Improvement Board who own their home arena, the Conseco Fieldhouse.[4] In 2011, rumours surfaced of Aquilini wanting to purchase the New Orleans Hornets, which since their bankruptcy in 2010 are owned by the NBA.[5]

[edit] Assets

[edit] Present

[edit] Past

[edit] See also

[edit] Notes


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