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Winnipeg Jets

The Winnipeg Jets are a professional ice hockey team based in Winnipeg. The Jets compete in the National Hockey League (NHL) as a member of the Central Division in the Western Conference. The team is owned by True North Sports & Entertainment, playing its home games at Canada Life Centre.

The franchise was established as the Atlanta Thrashers on June 25, 1997, and began play in the 1999–2000 NHL season. True North Sports & Entertainment then bought the team in May 2011, and relocated the Thrashers to Winnipeg prior to the 2011–12 season, making them the first NHL franchise to relocate since the Hartford Whalers became the Carolina Hurricanes in 1997. The team was renamed the Jets after Winnipeg's original WHA/NHL team, which relocated after the 1995–96 season due to financial issues to become the now-inactive Phoenix (later Arizona) Coyotes.

On December 27, 1971, Winnipeg was granted one of the founding franchises in the World Hockey Association (WHA). By 1979, many of the WHA's teams had folded, but the Jets were absorbed into the NHL along with the Quebec Nordiques, Edmonton Oilers, and Hartford Whalers as part of the WHA–NHL merger. In 1996, team owner Barry Shenkarow sold the team to American businessmen Steven Gluckstern and Richard Burke. Burke and Gluckstern originally planned to move the team to Minnesota (which had lost the North Stars to Dallas in 1993), but eventually reached an agreement with Phoenix businessman Jerry Colangelo that would see the team move to Arizona and become the Phoenix Coyotes. The original Winnipeg Jets played their last game on April 28, 1996.

The city of Atlanta was awarded an NHL expansion franchise, named the Atlanta Thrashers, on June 25, 1997. It was the second NHL franchise for Atlanta (their first being the Atlanta Flames, established in 1972, who departed for Calgary in 1980 to become the Calgary Flames). The Thrashers began play in the 1999–2000 season.

In the 12 years in Atlanta, the Thrashers qualified for the Stanley Cup playoffs once, during the 2006–07 season, and never won a playoff game. Partially due to their lack of playoff success, the team had difficulty drawing fans to attend their games in their final seasons.

Mounting losses eventually compelled the Coyotes to file for bankruptcy after the 2008–09 season. The team was taken over by the league before the next season began. As early as October 2009, there were rumours that True North Sports & Entertainment, the company that owns both Winnipeg's Canada Life Centre (then known as MTS Centre) and the American Hockey League (AHL)'s Manitoba Moose, had been invited to bid on the city's former franchise. TNSE submitted a series of bids for the Coyotes, which were taken seriously enough that the league drew up a tentative schedule with Winnipeg in place of Phoenix. TNSE were 10 minutes away from getting the Coyotes before the NHL shelved the bid after securing a large subsidy from the Coyotes' municipal government. In contrast to aggressive, public bids by Jim Balsillie (who had unsuccessfully attempted to use bankruptcy laws to skirt NHL rules and move the Coyotes to Hamilton), the low-key approach by TNSE and its chairman, Mark Chipman, was praised by NHL commissioner Gary Bettman and other owners, raising their profile when the question of the Thrashers' relocation came up.

On May 20, 2011, the Winnipeg Sun confirmed that an agreement in principle had been reached for True North to purchase the Thrashers, while Winnipeg Mayor Sam Katz announced that he was confident that the Thrashers' relocation to Winnipeg would soon be officially announced. On May 31, 2011, at a press conference at the MTS Centre, Bettman confirmed that the Atlanta Thrashers had been sold to True North and would relocate to Winnipeg for the 2011–12 season, pending the approval of the sale and relocation by the NHL's Board of Governors, which came at their June 21, 2011, meeting. The reported purchase price was $170 million, with $60 million going to the NHL as a relocation fee. After the announcement, True North made preparations to move the Moose franchise to St. John's, Newfoundland and Labrador.

Season ticket sales began June 1, 2011, with Manitoba Moose season ticket holders having priority. The team sought to sell 13,000 season tickets in an effort to prove its viability. Within the first three and a half hours, the new franchise sold 1,870 packages to Moose season ticket holders. Season tickets opened to the general public on June 4 and sold out in 17 minutes. Once the "Drive to 13,000" was completed, True North started a season ticket waiting list, which was shut down after 8,000 people signed up in two hours. In July 2011, tickets for the October 9 home opener against the Montreal Canadiens were listed for an average price of $1,711 on StubHub, with an average selling price of $713.

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