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From Chronicle Staff Writer Susan Slusser
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After losses of $2 million last season and projected similar losses this <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Outlet</a> season, the San Francisco Bulls minor-league hockey team could fold as soon as next week, coach Pat Curcio told The Chronicle on Monday morning.
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Curcio has a pending agreement with a new ownership group that would save the Sharks-affiliated franchise but relocate the team to Oakland or Fresno. The deal hinges on league approval and a new venue, and league meetings are Wednesday in Philadelphia. Curcio cannot name the new potential owners because of a non-disclosure agreement.
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With the Bulls folding or moving and the 49ers moving to Santa Clara, the Giants will be the only pro sports team in the greater city area; the Bulls play at the Cow Palace in Daly City, just on the border of San Francisco.
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“If anyone can save us …. I don’t know what to do,” said Curcio, who put together an ownership group to bring pro hockey to San Francisco in 2012 only to see investors drop out as losses mounted. “I want to do what’s best for the city, the league and the Sharks. But we may have to cease operations next week if we don’t finalize this deal. It’s devastating.”
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The ECHL team would stay in the Bay Area only if the Warriors agree to allow the Bulls to play at Oracle Arena,  according to Curcio. The Bulls would reschedule all of their games to avoid conflicts with Warriors games and concerts, but the Warriors have first right of refusal to share the arena and so far have shown no inclination to allow the Bulls to play at Oracle on open dates on the schedule. It’s no secret that the Warriors have been exploring a move to San Francisco.
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One major problem for the Bulls has been the Cow <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Shoes</a> Palace, according to Curcio. The Bulls pay all their expenses at the building, and the team made numerous upgrades, including putting in a new ice system and scoreboard; the arena and the team split concessions and parking and the Cow Palace gets a cut of the tickets. The state-owned operated Cow Palace was unwilling to explore new terms, however, even with the Bulls on the brink of defaulting, Curcio said.
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“Why not help us out, get us back on our feet and then make revenue when it comes?” he said.  “We lost $2 million last year, the Cow Palace made probably $500,000 – we said, ‘Let’s renegotiate,’ but that’s not going to happen. That’s the final nail in the coffin.”
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Cow Palace CEO Ken Alstott said Monday that he does not have information about the Bulls’ finances and that his understanding was that the team was restructuring its ownership group. Only then would there be the potential of talks about a new contract.
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“We’ve helped them with ideas about cutting costs and they’ve done that,” Alstott said. “I know the league has meetings this week and they’ll be talking about some of this.”
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Would the facility consider a new deal with the Bulls under new ownership? “If it made sense we would,” Alstott said. “But it has to be profitable for us or we’d rent the space out for other events. That’s part of this industry, things come and go.”
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Curcio claims that the Bulls have brought the city $16 million in revenue and jobs created in their season and a half, but, he said,  “The costs of doing <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Outlet</a> business in San Francisco are the highest in the league. …But then you look, and every night, there are 1,000 kids in the stands, watching us and dreaming of being hockey players. You can’t put a price on that.”
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Among the issues, Curcio said, is that players are paying $3,000 a month in rent, given San Francisco’s housing costs.
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“They’re trying to operate a minor-league team in a major-league city,” Alstott said. “That’s got to be tough. They’ve been doing their best.”
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Curcio said he hopes to stay on as coach should the pending agreement with new ownership go through.
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