Quote:
Originally Posted by fundmark19
How will the mess be over? We will continue talking about this for another year if they vote yes untill they either find an owner or move or both
|
It could be over pretty easily if the NHL dropped its asking price.
It could also be over pretty easily if Glendale would move off its requirement to have 23 years of cash flow to pay off its arena debt (that is if Goldwater would let them be more flexible).
You can always sell something for something if the price is right but, if you sit back and think about it, the NHL is asking $170 million for a franchise that will have no transportable value (Glendale's requirement that it be there for the duration of its debt committment).
That's a pretty exorbitant price for something that is essentially liquid only in the local market.
It's probably even an exorbitant price for a team in Kansas City.
And I'll need to see it to believe that a team would ever actually end up in Winnipeg again. If it does, it will be because that's the only place where the $170 million can be found and, seriously, is a team in Winnipeg really worth $170 million?
Drop that to $100 million and offers are dropping out of the sky from everywhere.
Cowperson