Quote:
Originally Posted by Mr.Coffee
Strikes me as odd that the NHL won't call the GI's bluff and consummate the transaction if they're "so certain" and have "had 3 law firms" vet the legality of the transaction.
If nothing's wrong with it, do it. If something's wrong with it, then maybe GI is right, and the deal shouldn't go through?
Sitting around tying up legitimate offers, delaying a decision, worrying about stuff more or less just seems like an enormous waste of time. If you're right, you're right. If you're not sure... don't do it, find another transaction.
Done, end of story.
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The NHL is just the selling party of the team - Hulsizer and the CoG need to consummate the transaction, and the only way that happens is if the bonds get sold, which they aren't due to the threat of action by Goldwater.
Bettman wasn't making that up.