Quote:
Originally Posted by skeena1
The Canucks never went bankrupt, but their owenrs were forced to to sell them, the NBA Grizzlies and the building. The burden of running two pro franchises with a 65 cent dollar proved too much.
|
Well the owner, Arthur Giffiths lost the Canucks, the arena and his fathers radio and television empire. He may have not gone bankrupt but his business holdings became a disaster.
Here's an interesting list of pro team owners worth from 1993.
http://sportsillustrated.cnn.com/vau...67/9/index.htm
and here's the teams value. Flames and Oilers valued at $65M, only $10M less than the Rangers.
http://sportsillustrated.cnn.com/vau...67/1/index.htm