Conspiracy theory:
This is all Katz. People in Edmonton pissed him off through the arena negotiations and he’s getting revenge. Tried to threaten to move them to Seattle. Now watch him leave McDavid exposed in the expansion draft for Seattle. Then Katz sells the Oilers and after a short while gets a share of ownership in the Seattle team. Announced as many millions he put in but actually gets a share for nothing.
Then sits back smoking cigars with the rest of the Pacific owners laughing their heads off as the Oilers finish last again and start yet another rebuild.
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