Quote:
Originally Posted by Vulcan
I could see the NHL continuing the ownership with either Phoenix or Atlanta until the economy turns around or QC is ready. The NBA stepped in and bought the New Orleans Hornets when they couldn't find an owner.
and this is a team with attendance around 14,000. I'm thinking it's getting hard to find owners anywhere with the bad economy, as sports teams are now a luxury.
http://www.nba.com/2010/news/12/06/hornets/index.html |
The richest guy in Canada has a standing offer to buy the team and given the likelihood that continued ownership in Phoenix means losses for the owners collectively, I think that seems unlikely to be supported unless that 100 million goes to whoever operates it, hulsizger, the nhl or whoever. I think Glendale takes the big hit up front or they move. To me I would assume that the bond issue is make or break regardless.