Quote:
Originally Posted by Flash Walken
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.
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That's inaccurate. Only two teams were interested in submitting the application package and the fee that went along with it. How interested would you be in buying a car from a dealer that charged you a thousand bucks just to fill out a credit app? Probably not really motivated, especially when there may be better ways to get into the league.
Seriously, who the hell would want to put up that kind of money for an expansion team, one filled with cast offs and garbage players, and no development system, when you can likely buy a struggling team with established star players and then relocate it to the city of your choice? Which would you rather have? The San Jose Sharks in their first year, or the Calgary Flames and their mature farm system? The smart money is being patient, snapping up a team and moving them.
Not a threat. A reality that has played itself out in the NBA and NFL very recently.
@cappy
$300 million for a new football stadium? The last three stadiums built have come in at $720M (2008), $1.15B (2009) and $1.6B (2010). That $300M is nothing and doesn't come close to financing a new stadium.