Quote:
Originally Posted by Bleeding Red
Don't discount Houston - top 5 market in the US; natural rival for the Stars; ready building; reasonable hockey history; oh, and a loaded prospective owner.
The Flames NHL franchise is worth what? $200 mil. He could have the whole thing for 30% less than VGK paid. (franchise, moving fee, etc.)
I think what makes one skeptical about the threat to move is all the other businesses entwined in the Flames corp. Only the NHL franchise would be moving. What happens with the Hitmen, Roughnecks, & Infreno (who all play out of the Saddledome) and the Stamps? How does the ownership group walk away from all that? sell it off by the piece? Fold it up? (a ruthless businessman would barrow against each franchise then bankrupt them).
Is revenue sharing the only sticking point? If the city pays half they want half the revenue until they recoup their investment? do I have that right?
|
according to a Forbes article in December 2017, the flames were actually worth 430 million. just a tad more than 200. so If someone wanted the flames, I would guess they'd be paying at least 500million.