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Old 10-08-2008   #1
Texans_Chick
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Default Vote of Confidence From McNair, Possible Cutbacks.

This is an unnerving article:

Bob McNair on the Texans

He gives the coaching staff a vote of confidence and then says this stuff:

Quote:
McNair said he is primary focus is on the game Sunday, but that he is well aware of the financial woes of Reliant Energy and concerned about possibly losing them as a partner.

McNair has had a close partnership with Reliant ever since 2002 when they bought the naming rights for the stadium and the surrounding buildings. Reliant pays around $10 million a year for the naming rights — about $8 million of which goes to the Texans.

"I am concerned about it because I have good friends at Reliant and they are a great partner," McNair said. "I'd like to see them continue as a partner. But they are looking at other strategic options, and they are going to do what's in their best interest and we'll work with them as we go forward."

When the naming rights were bought by Reliant in 2002, it was the most lucrative deal of its kind at the time. That money has played a substantial role for the franchise, and McNair said changes would have to be made if the relationship ends.

NFL owners are already preparing to work toward a new collective bargaining agreement. They recently opted out of the last one early because they were giving the players a larger percentage of the gross revenue than they wanted.

A Reliant spokesman said recently that the company has no plans to back away from its naming rights on the $367 million stadium. And McNair hopes that remains true. "It would reduce our income and we'd have to adjust accordingly," McNair said. "We'd have to cut our expenses. But we'll deal with that based upon what happens."

Eek. I don't like hearing this financial stuff. He recently sold his horse farm to concentrate on football more. I am wondering if the economic ook is affecting him any.

I'm wondering if this is one of those things I would prefer not to know, especially after being bummed about a 0-4 start.
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Old 10-08-2008   #2
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.



*thinks puppy dogs and ice cream, puppy dogs and ice cream.....*
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Old 10-08-2008   #3
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

If the Reliant deal falls through all they will have to do is raise ticket, parking, concession, and merchandise prices. Not a big deal really since the fans are always more than willing to chip in the extra dough.

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Old 10-08-2008   #4
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

This calls for dramtic changes. I suspect he will change out the lamberghini for a Ferrari.

How does he make it?
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Old 10-08-2008   #5
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Quote:
Originally Posted by Hookem Horns View Post
If the Reliant deal falls through all they will have to do is raise ticket, parking, concession, and merchandise prices. Not a big deal really since the fans are always more than willing to chip in the extra dough.

That was my first thought, about raising prices to make up the difference.

If I don't continue to buy season tickets, it will not be because I've bailed on the team. It will solely come down to the simple fact that I can no longer afford it.

I've been told that I have a wine taste on a beer salary. That is somewhat true to a certain extent.
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Old 10-08-2008   #6
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Here is the entirety of Bob McNair's press conference notes (sorry I do not have a link):

Texans owner Bob McNair
Quote:
(on what he feels like after losing the game on Sunday versus the Colts) “Well, I feel like everybody else that’s 0 and 4 does—miserable. I hate it, and I don’t know anybody that likes it, but that’s history. What’s important now is for us to go out and win this game (versus Miami) and start a winning streak. I think we’re capable of doing that. I think the game we played this past Sunday is the best game we’ve played in the history of this franchise. We had a couple of mistakes at the end of the game that cost us, and we’ve got to correct that, but in terms of the way our team played, one of the things we’ve said that was a challenge is how do we go out and play against somebody like Indianapolis and handle them and we handled them. I think our players saw that. I think they have confidence going forward and know what we can do. Now, we just have to go out and finish.”

(on if he can envision any scenario this season where he would fire head coach Gary Kubiak and start over) “I’m focusing on where we are right now and what we’re doing. I’d say our coaching staff is doing a fine job. The players were prepared. They executed well. They played hard. What could anybody else do?”

(on if he is concerned about the naming rights to the stadium and where the economy is right now) “Yes I’m concerned about it because I’ve got good friends there at Reliant, and they’re a great partner. I’d like to see them continue as a partner, but they’re looking at other strategic options. They’re going to do what’s in their best interest, and we’ll work with them as they go forward.”

(on what he thinks the chances of losing Reliant as a partner are) “I’ll cross that bridge when I come to it. Right now, I want to see a good result for Reliant. We’re going to work with them in whatever structure they come out with going forward. They’ve been a great partner.”

(on if Reliant has asked him to renegotiate the partnership) “That’s just pure speculation. Anything could happen. The main thing is that they’re a great company, and they’ve been a great partner of ours. We’re going to support them in every way.”

(on if it is reassuring that Reliant said they have adequate liquidity and that it is business as usual) “That is important to them because they’re in the trading business and they need to have liquidity in order to affect trades. So, it’s good that they were able to do that, but I’m not sitting inside their board room and I don’t know everything that is going on there. All I can do is hope that everything works out that’s beneficial to them and their shareholders and our relationship.”

(on what the significance of the naming rights of Reliant means to him, the rodeo, and the county) “It’s important to all of us, but it’s also very valuable. They recognize that. We’ve reviewed it with them through the years. They recognize the value of it. I think it’s been reported that one of the real values in Reliant is the fact that their name brand is so strong, and I think a large measure of that is due to the naming rights that they’ve had here and the high profile and visibility that that brought to them.”

(on what it would do if the team didn’t have the naming rights) “Well, it would reduce our income and we would have to adjust accordingly. We would have to cut expenses, but we’ll deal with that based upon what happens.”

(on if Reliant has been in talks with him) “They’ve talked to us. They talked us to before they made their announcements. They’ve been very conscious of their relationship with us, and we appreciate that very much.”

(on how he felt Sunday night after the loss) “I felt horrible. Probably like our fans except I don’t think they could feel as low as I felt. I told somebody I felt like a snake in a wagon track. That’s how low I was, but you don’t accomplish things going around feeling low. I asked somebody the other day, ‘tell me who you think the greatest pessimist in the world is?’ They thought and they thought and they couldn’t think of a single person. I don’t know of a single person that’s ever accomplished anything that’s a pessimist. It’s the optimists that do things and do them well. We go forward. We try to be constructive and supportive. I think the main thing is that we have to play with confidence. You play with confidence when you are well prepared and you have confidence in what you’re doing. Our coaches do have them well prepared and they’re playing hard. As long as we do that, we’re going to win a lot of games this season. I am not down in terms of our ability to win. We have not executed adequately in these first four games. We’ve got twelve more games to go, and if we keep playing the way we did Sunday, we’re going to win most of those games. I don’t know of a team on the schedule the rest of the year, if we play 60 minutes the way we played 56 minutes Sunday, I don’t know of a team on our schedule that will beat us.”

(on the importance of game against Miami) “Every one is important. Every one is a must win. So, yes we’ve got to win this game and I think we will.”

(on if he has a plan B just in case the worst happens with Reliant and the naming rights situation) “No. No, I’m not worried about that right now. I’m worried about winning this game Sunday.”

(on if he is shocked with this start since many people expected playoffs with this team) “I’m disappointed. But shocked, I don’t know. I think I’ve seen enough that nothing shocks me anymore, look at the stock market and what’s happening in the world all around us. No, I’m not shocked by it. I’m disappointed, and I certainly didn’t think it would start this way. Our players didn’t, our coaches didn’t, but it’s a long season. We’ve got twelve more games to play. We plan to go out and play them one at a time. We plan to start by winning this one on Sunday.”

(on how his team is able to stay sane with the 0-4 start while many other 0-4 teams are firing their coaches) “We’re playing well. We’re playing well. The last two games we’ve played very well. I suspect any team that’s playing well players are going to feel good and they’re going to feel good about their coaches. That’s the way I feel. I was sincere when I made the comment that if we get 60 minutes, and we will, if we play 60 minutes the way we played 56 this last week, I don’t know of any team on our schedule that will beat us. I don’t know who it is. So, that being the case, why should we do anything but go out and work harder? Keep doing what we’ve been doing, do it a little bit better, and concentrate to finish and make sure that we don’t let it slip away at the end.”
There you go. Just putting everything in context.
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Old 10-08-2008   #7
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Quote:
Originally Posted by Double Barrel View Post
That was my first thought, about raising prices to make up the difference.

If I don't continue to buy season tickets, it will not be because I've bailed on the team. It will solely come down to the simple fact that I can no longer afford it.

I've been told that I have a wine taste on a beer salary. That is somewhat true to a certain extent.
Was it your mother or wife who said that ? ..... I fall into the category of Both of the above.

Sucks this "Financial Rosencoptor" is affecting us in so many ways .... even our escapes from the daily grind.
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Old 10-08-2008   #8
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Quote:
Originally Posted by Hookem Horns View Post
If the Reliant deal falls through all they will have to do is raise ticket, parking, concession, and merchandise prices. Not a big deal really since the fans are always more than willing to chip in the extra dough.


Just think if you are an NFL owner and about to complete construction on a billion dollar stadium.

When I first read about that new stadium, my first thought was how do you get a reasonsable ROI on that investment?
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Old 10-08-2008   #9
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Cutting expenses has nada to do with team payroll. He's Uncle Bob...not Uncle Drayton.

Reliant sux anyway. I never got my check to call Bob's Field, Reliant Stadium. So its either Texans Stadium or Bob's Field around me. Coke could pop in to take over. Either that or maybe Mattress Mac figured out VY was the WRONG pick and has gotten over it.
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Old 10-08-2008   #10
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Usually a vote of confidence for NFL coaches is the kiss of death...

I could envision a coaching change if the team continues to lose.

Not anything like a middle of the year change but maybe over the summer type thing.

I know I'm in the minority but I'm not completely sold on Kubiak as the head guy. And Cowher is out there...just saying.
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Old 10-08-2008   #11
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Quote:
Originally Posted by Hookem Horns View Post
If the Reliant deal falls through all they will have to do is raise ticket, parking, concession, and merchandise prices. Not a big deal really since the fans are always more than willing to chip in the extra dough.

I've never understood how a losing record equaled increased ticket prices. Seems a bit odd to me but it is an economic truth.
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Old 10-08-2008   #12
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Quote:
Originally Posted by WWJD View Post
Usually a vote of confidence for NFL coaches is the kiss of death...

I could envision a coaching change if the team continues to lose.

Not anything like a middle of the year change but maybe over the summer type thing.

I know I'm in the minority but I'm not completely sold on Kubiak as the head guy. And Cowher is out there...just saying.
You may be right .... A vote of confidence can mean the begining of the end .... Cept for this guy we have running the team isnt your average owner. I think he meant it and Kubiak will be here a while even if we see a Rosencoptor season ....


As for Cowher , I dont see him taking over a team like this one. Its just got too many holes .... I can only see him coming out of retirement to take over a contending team.
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Old 10-08-2008   #13
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

(on if he can envision any scenario this season where he would fire head coach Gary Kubiak and start over) “I’m focusing on where we are right now and what we’re doing. I’d say our coaching staff is doing a fine job. The players were prepared. They executed well. They played hard. What could anybody else do?”
**********************************
Huh ? Is that a categorical endorsement of Kubiaks performance ? I don't think so. I didn't hear McNair say anything like "Kubiaks definitely my guy" or "we got some bad luck, with Ike and all, but I'm totally happy with
Gary".
And most meaningfully, he side-stepped a direct reply to the specific question put to him about firing Kubiak.
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Old 10-08-2008   #14
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

Poor Bob.

I almost felt sorry for him, until I realized that Billionaires make billions and we don't. So Bob falls from number 4 to number 8 on the "Most Profitable NFL Franchise" list? Excuse me if I don't shed a tear.

But hey, times are tough...even for the wealthy.

He'll scrape by somehow. He's not a pessimist, remember.

(If Reliant doesn't renew...some other company will pay a few million less. Big deal).
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Old 10-08-2008   #15
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

If Reliant bails someone else will step right in no matter the matket situation.

Enron Field, Adelphia etc someone always wants the pub the receive on game day and for event.
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Old 10-08-2008   #16
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

I might give a few hundred for HJam Stadium.
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Old 10-08-2008   #17
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

If you have ever had to deal with Reliant, Reliant Stadium and to some extent the Houston Texans in a business deal they can be total asses.

Live Nation too for that manner.
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Old 10-08-2008   #18
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

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Originally Posted by Htownsportsfan View Post
If Reliant bails someone else will step right in no matter the matket situation.

Enron Field, Adelphia etc someone always wants the pub the receive on game day and for event.

Lehman Brothers Bankruptcy Field...............kind of catchy, no? Then you could lower expectations......and lower ticket prices, resell PSLs at a lower firesale price, get Vienna sausages in a bun instead of hot dogs, leave the torn roof open permanently and enjoy newly installed more cost-effective Hunter fan stadium circulation, purchase paper jerseys with your own personalized stencil kit, and drown your sorrows in new flagship 3 ounce "3&2"beers.
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Old 10-08-2008   #19
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

I expect funds should not be a problem......why?

It will be tough trying to get really good players to stay on this team when they become free agents.

I mean, why would you stay here playing on a team that cant win?

Why play for a team that goes out there & loses games even when they play well.........for 57 minutes?

I know I'd want to sign with a team that is a proven winner if I were a big time free agent.

Anyway, when the big time free agents depart, that will leave plenty funds in the coffers so Mc Nair will not have to worry......Bud used to do the same thing except he was just plain cheap......Bob will be stuck with it just because this team is still cursed by the ghost of Bud's teams.
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Old 10-08-2008   #20
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Default Re: Vote of Confidence From McNair, Possible Cutbacks.

If Reliant has to bail, just sell the naming rights to the Federal Reserve....they surely have some dough to blow.
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