Quote:
Originally Posted by Tinordi
You can't have it both ways, if the flames need a new arena then why would the business be worth what you're saying? Either the flames are breaching Carolinian levels of insolvency which would be the only credible threat of relocation, or they have a very valuable business with its current capital structure.
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It has worth because it's a 1/31 share of the NHL. They're not losing money hand over fist but they could decide to forego all the headaches that come with owning a team and realize their tidy capital appreciations. I won't fault them for that, any of us would do the same.