Quote:
Originally Posted by PeteMoss
They aren't going to move.
They might sell the team.
The benefit of owning of a sports team, besides the ego boost is the increasing value of the team. Unless they move to Toronto and replace the Maple Leafs they aren't going to earn back $500 million no matter where they move.
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The cost of buying an expansion team is now $650 million.
What's the relocate fee? $170 million?
By my math that leaves a $480,000,000 benefit to a current owner to move. You'd think buying a team with a talent core and a very good set of player contracts like the Flames, is going to be worth the same or more than starting from scratch. Albeit the Knights are kinda proving that whole notion wrong. lol