The North Stars Annual General Meeting was last night at the Civic Center. The team has a new executive following the meeting.
Troy Slywka is the new president and takes over for Darren Huxley. Hux did a fantastic job with the team and with the ice fishing derby over the years. He will be tough to replace but I am sure Troy is up for the job. Slywka will also serve as the team’s Governor which means he is the Stars voice at SJHL meetings. Shandon Riechert is the new vice president and alternate governor.
Other members of the executive are Tanner Daniels who is the new second vice-president. Karen Reis is the treasurer and Debbie Presesky is the secretary. In total there are 13 board members.
As for the financial situation, the North Stars lost money last season. The loss of nearly 8,000 dollars came mostly from down years for the Ag Project and the Ice Fishing Derby. The weather on the day of the Ice Fishing Derby probably kept away some walk up types from participating and I am sure that near blizzard hurt the Stars profits from that event.
As for ticket sales at the door, sponsorship dollars, overall attendance, 50/50 revenue and the golf tournament? All were up compared to the previous season.
The North Stars have information that suggests it costs them 9,000 dollars per game to run the team throughout a Junior A season in the Battlefords. That means an operating budget of nearly 500,000 dollars. It also means that the team really relies on the fan and corporate support to make junior hockey work. The economic benefits to the area from having a team are positive. The SJHL has data that suggests the team generates a benefit of 150,000 dollars for the Battlefords with another 195,000 dollars of indirect benefit.
So what does that all mean? The North Stars are still in a strong position and despite losing a little money this season are still financially viable. The team made a lot of money during the 2011/2012 season when they went to the North final before losing to Humboldt. It’s my understanding that the team was able to bank some money that season and had a cushion.
You are always hoping to see the team make money each season though in order to stay in a stable financial situation and to be able to continue to build a strong team on the ice. So in the coming season let’s once again hope to see the crowds, 50/50, and sponsorship money rise. with a little more luck on the Ag project and Derby that would lead to a strong season for the team off the ice. I have a feeling this is going to be a very good season on the ice starting in late August and at this time next year we will be talking about a massively successful 12 month period in North Star history.