Quote:
Originally Posted by DiracSpike
How would selling the team in American dollars lose them money?
I have no idea what they bought the team for but a lot of them have been owner for 20+ years so I find it hard to believe their stakes have gone anywhere but up
Edit: Forbes has them listed at 440 million. Given the propensity of Forbes to underpredict values and the exchange rate the owners could get up to 700 mil CAD for the team if they sold. Thats a lot of money to say no to.
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The NHL entertained Bids last year for expansion franchises.
Only 2 cities were interested enough to put down a deposit.
It's an empty threat.