I don't think it is that big a deal that the President went for a horse ride with Glencross to finish a deal.
If King had identified Glencross, started pursuing him and then signed him with no input from Feaster then it may be a big deal but this appears to be Feaster deciding to re-sign him and working out the details and King just there at the last minute.
Seems far from meddling in day to day hockey operations.
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