From Deseret News archives:

Utah Jazz: Playoff payoff? Each home game has big impact on Jazz bottom line

Published: Friday, April 18, 2008 12:33 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
"Larry has shown his colors on this. Larry is very committed to this community," Rigby said. "We feel that the Jazz is an important part of enhancing the quality of life in this community, of giving a great product that the community can get around and cheer for. It becomes a diversion for people and their personal challenges."

The Jazz owner also has so much invested in the area in other business projects — from movie theaters, sports merchandise shops, a motorsports mecca, a minor-league baseball club, to multiple automobile dealerships — that bolting is far from his mind.

So even if the Jazz happen to lose money — something they didn't always do back in the John Stockton and Karl Malone days — that huge brand name is an invaluable resource for the rest of Miller's ventures.

Rigby, who is also the president of Miller's Sports Entertainment Group that oversees entities like the Jazz, the Salt Lake Bees, the multiple movie theaters, EnergySolutions Arena and broadcasting properties, admitted the basketball franchise is good for marketing and for goodwill purposes.

"It does give credibility to our company and organizations," Rigby said. "It gives name awareness to Larry's other entities."

That's especially the case, it stands to reason, when the Jazz are winning in the playoffs.


E-mail: jody@desnews.com

Recent comments

The Jazz foul the most but even Hollinger acknowledges that they get...

Moto x | April 19, 2008 at 9:55 a.m.

At the bottom line in accounting terms, it may show a loss. However,...

Dick of the NW | April 18, 2008 at 8:45 p.m.

Utah is very fortunate to have the Jazz. Larry H could have sold the...

Daren C | April 18, 2008 at 1:57 p.m.

Image

With each postseason game played at EnergySolutions Arena, the Utah Jazz make enough money to help pay down the payroll tax for exceeding the salary cap.

previousnext

Latest comments

It's an interesting thought. Thanks.

Pitta doesn't win award

Pitta you were well deserving. Probably could have received more attention...

I hope Greg Miller is able to do something to get fans excited to come to...

aksed Sarah about how she got her ideas for the chapters, etc.? yeah......

We'll learn alot about Donovan while he's on loan. Either way this is a good...

Letters: Dancers flawless

try actually reading "you failed to mention" and you may just realize how...

russians continue to prepare for war. that is the message I got.

To "Stalwart Sentinel | 5:48 p.m." just say it. Just say "I don't care about...

Dennis, you're tops in my book. I hope you and Unga stay for next year's...

Cincy coach msut be good. But don't yah think it sets the wrong precedent...

Advertisements