Quote:
Originally Posted by Sidney Crosby's Hat
I don't think Meruelo has the money for an expansion team (though I'm also guessing the NHL would be perfectly fine with a totally different owner, but if Meruelo owns that land you're tied to him a bit).
My personal theory is Meruelo is just delaying and delaying because he knows the longer he waits, the more the franchise value is going up since franchise values are booming. If he sold this team two years ago, for example, he's probably getting $400 million but now it's probably upwards of $700 million. Then Salt Lake would likely top it up with a relocation fee that makes it $1 billion.
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Suns owner recently formed a Sports ownership parent company
https://www.player15group.com
He will 100% get a crack at the Coyotes if Meruelo's Group can't secure this site