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Senator Clay Davis · 02-01-2016, 03:09 PM

^^That's $440 million valued at playing in Calgary, a top 10 NHL market. That becomes significantly less when it's selling to become a bottom 10 NHL market. So lets say an ownership group in KC wants to buy and move the Flames. They are not paying $440 million for the Flames. I think absolute best case scenario they can sell for $350 million there, and seeing as at that point it'd be obvious ownership wants out because they won't get the new arena, all of a sudden offers to buy will be all lowballs. Then getting $300 million would be a good salvage job.

So stay in Calgary and have a franchise worth $440 million, or sell it to the KC group for probably $300 million. I don't know, I probably wouldn't be too thrilled watching an asset sell for 66% of its worth. In fact I'd call that catastrophic. But if the Flames owners want to take their ball and go home, and leave $140 million on the table, good for them.

02-01-2016, 03:09 PM	#386
Senator Clay Davis Franchise Player Join Date: Apr 2012 Location: Maryland State House, Annapolis Exp:	^^That's $440 million valued at playing in Calgary, a top 10 NHL market. That becomes significantly less when it's selling to become a bottom 10 NHL market. So lets say an ownership group in KC wants to buy and move the Flames. They are not paying $440 million for the Flames. I think absolute best case scenario they can sell for $350 million there, and seeing as at that point it'd be obvious ownership wants out because they won't get the new arena, all of a sudden offers to buy will be all lowballs. Then getting $300 million would be a good salvage job. So stay in Calgary and have a franchise worth $440 million, or sell it to the KC group for probably $300 million. I don't know, I probably wouldn't be too thrilled watching an asset sell for 66% of its worth. In fact I'd call that catastrophic. But if the Flames owners want to take their ball and go home, and leave $140 million on the table, good for them. __________________ "Think I'm gonna be the scapegoat for the whole damn machine? Sheeee......."