Hard Rock / Freestyle Music Park Discussion Thread

[EmirooA zonkey is a cross between a zebra and a donkey.]

Hey! My prophecy seems one step closer to reality:

...If they (Holiday World) won't buy new, I guess a good scenario would be if Hard Rock/Freestyle closed and they picked up Led Zep/Time Machine for $8-10M. But I'd bet FMP could sell it for more than that to someone else.

[themeparkman25I get wet for Manta!]

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[CHILLERLC1When I grow up, I want to breed donkeys!]

What if it wasn't leased and B&M was much more screwed out of it in the Hard Rock situation?

[technfxrickWhat would donkeys be like on the moon?]

Typically in a lease situation, the Leasor has 90 days from them declaring bankruptcy to remove there equipment. If after 90 days, or whenever the bankruptcy has been settled, the equipment still remains, it become part of the Bankruptcy sale. So when FMP bought the assets of HRP then everything should of come free of debt. This is at least how it works in most states as i know a number of people who have made out from Bankruptcys when people leave there stuff behind, and they buy the assets.

[cooksta77Hopes Magic Mountain gets a used Roller Skater that 36" kids can ride.]

DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!! DIE!!!!

Something tells me Robb is right now that the website is down.
Andrew "See Robb's posts are EPIC" Iorio

[CapitalizeI wish they would make Street Fighter Donkey.]

Hey! My prophecy seems one step closer to reality:

...If they (Holiday World) won't buy new, I guess a good scenario would be if Hard Rock/Freestyle closed and they picked up Led Zep/Time Machine for $8-10M. But I'd bet FMP could sell it for more than that to someone else.

I really hope not, Led Zep was easily one of the worst B&M's I had ever been on. I'd describe it as being barely mediocre at best. Hopefully when/if HW goes for a steel ride they get a good one...

[Jew"It's not small, but it is very 'average.'"]

^Hmm. I was always under the impression that FMP leased the ride from B&M, and given the situation and the lack of money, I doubt they own the ride. I feel like B&M could simply call the ride back and sell it to HW that way, since that specific asset, and all the other rides, are simply leased and not owned.

I've never in my life heard of a major roller coaster being leased to a park.

[PriestofSyrinxMy uncle owns a country place that no one knows about]

^Hmm. I was always under the impression that FMP leased the ride from B&M, and given the situation and the lack of money, I doubt they own the ride. I feel like B&M could simply call the ride back and sell it to HW that way, since that specific asset, and all the other rides, are simply leased and not owned.

I've never in my life heard of a major roller coaster being leased to a park.

Thats because its a crap Idea.

Its like saying that Cedar Point leased Top Thrill Dragster, and (hypothetical) Apollo bought them up and say "We really cant afford that lease payment" and that ride gets scrapped.

It may work for a flat ride mind you... But never lease you star attraction, cause when worse comes to worse...

[ChroniqTPR's nicest person EVAR!!!]

I've never in my life heard of a major roller coaster being leased to a park.

I did some research on the subject and I could find no instance of B&M or Intamin leasing a custom built rollercoater directly to an operator. There are numerous cases of off the shelfs and "traveling fair" coasters being leased by builders, former owners, and management companies but there is nothing I could find that gives any indication that a major ride has ever been leased.

On a totally different topic, if my memory serves me correct the Freestyle management team purchased the entire park for 25 million with assuming minimal debt from the previous owners. It seems to me that a quick profit could have been made simply by dismantling the park and selling the rides off. I know there was speculation about this happening during the previous bankruptcy proceedings, but if we see another bankruptcy or reorganization occur I'd bet $100.00 that this park will be dismantled and sold off..


Any takers?

[themeparkman25I get wet for Manta!]

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