owl wrote:
> Snorkelson MacBurp <snorkelson.macb... RemoveThis @gmail.com> wrote:
>> Just caught a news report on Y108 that said the Preds are being sold to
>> A California owner for 190M. Plans are to move to Kansas City.
>> I guess the Bulldogs won't have any competition...
> That'd be news. The GnM is reporting that Biaggio & the Kansas gang
> are back in the mix. He'd stated earlier this week they were out of
> the mix and waiting for a magical NHL-expansion package. That was
> wrapped up in some other stuff spec'ing the reason wanted the NHL to
> stay in franchise was to keep two other locations, including Kansas,
> available for the franchise-fee grab.
> Now the sequence makes more sense. Baggio said he was leaving and
> Liepold said a Bag in the hand is worth two Balls in the bush (or
> something like that). The $190mil that Kansas is bringing is real -
> they have a rent free arena and that's the kind of hometown support
> that Nashville can't match.
A guy calling in on the radio today suggested that MLSE and the
Sabres are quietly ponying up the difference between the 240M and
the 190M and that may be why Leipold is going for it. Why else
would he give up on 50M?
Another possibility is that Balsillie is not for real. He may be
heavily leveraged or whatever and had to sell season tickets to
prove to a moneylender that a team in Hamilton is viable. Leipold
may have discovered this, just as Lemieux also may have discovered
this earlier. If Balsillie was for real, why didn't he just sign
the dotted line when Leipold's lawyers told him Leipold was going
to take the offer off the table? And its always easier to overpay,
as Balsillie was willing to do, when you aren't for real, or when
you are spending other people's money.
cordially, as always,
rm
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