View Single Post
Old 12-22-2021, 02:26 PM   #637
DJones
First Line Centre
 
Join Date: Apr 2014
Exp:
Default

Quote:
Originally Posted by powderjunkie View Post
For the Flames to move, ALL of the following would have to happen:

1. A non-local buyer offers more than a local buyer, and is willing to pay an additional $200M relocation fee (some speculate higher, but IMO this is realistic)

2. The price Murray & Co. agrees to sell for would also have to be less than what another NHL owner would except (i.e. why would someone pay Murray $600M when Meruelo (or Melnyk) might find it hard to refuse an offer of say $500M?)

3. The league and BOG would have to decide that the arena extortion game is more important than general stability and revenues.


#3 is anybody's guess (pre-COVID they might have favoured extortion, but I'm not so sure right now), but it's pretty tough to fathom conditions #1 and #2 existing at the same time - at least while the Coyotes and Sens are in more distressed situations.
#1 Seems like an easy yes to me. The 200M is a third of the cost of a new arena. So again, Houston

#2 Never got the impression that Melynk wants to sell, everyone would probably be overjoyed haha

#3 Going forward without a new stadium, our revenues are not great. If someone was buying the team I'd wager they think they can be better than average long term.
DJones is offline   Reply With Quote