Quote:
Originally Posted by MattyC
Maybe they weren't approved because the NHL wasn't sure they could come up with the money. Or, if they could, that it would hinder the long term viability of the franchise there because they owners were using all their money on the one-time fee.
From the NHL's perspective, leaving QC as an option for an inevitable team relocation makes perfect sense and I have no problem with that. Built-in fan base, willing owners, building in place.
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I'm not sure Quebecor not being able to come up with $500 million is a concern when their annual revenues are just shy of $10 billion. But the threat of the Carolina Hurricanes collapsing is very real at the moment and with the recent lawsuit against Peter Karamanos Jr. brought forward by his sons. The NHL needs to be prepared and Quebec City is the only city other than Vegas with both a stable ownership option and suitable arena that could host the Hurricanes. Every other relation option either needs a new arena or has no ownership options.