Quote:
Originally Posted by Resolute 14
The league no longer owns the Coyotes, so it isn't losing anything. It is owed a debt by RSE, but otherwise won't accrue any further losses. Its RSE that is on tab to eat that $50 million+ if the market doesn't turn around.
And I doubt the relocation fee gets waived in that scenario, Vulcan. The league will make sure it gets its money back. Its the indemnity for moving into the Leafs territory that would be waived as part of a transfer of ownership shares.
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That's what I said, the Leafs territorial fee would be waived. You said it was the relocation fee.
I can see the relocation fee being waived as well as a they are already giving up 50% of the Leafs and you want them to pay a relocation fee too?
and yeah, the NHL won't have any further loses but they are already in the hole for $104M.