The Panthers are just a generally poorly run franchise, as are the Coyotes (doesn't matter if your money is worth more if you're not willing to spend any of it). The Sharks actually don't have anywhere near the tax advantage that the Florida teams do, but the reason they haven't won a cup (since around 2000 when they were busy building up their franchise) is basically luck. They've had as good a chance as just about anyone over the past 10-15 years.
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