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Sale of Preds to go through

 
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US679 Part Deux
An improvement over the US678 prototype


Joined: 18 Oct 2007
Posts: 457
Location: Milton, Ontario

PostPosted: Wed Nov 07, 2007 3:33 pm    Post subject: Sale of Preds to go through Reply with quote

http://tsn.ca/nhl/news_story/?ID=222352&hubname=

Wow, for 3 whole years. Rolling Eyes
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Av-merican
Un-Tenured Professor of Hockey


Joined: 17 Oct 2007
Posts: 1673
Location: Denver

PostPosted: Wed Nov 07, 2007 3:38 pm    Post subject: Reply with quote

This team still won't be able to compete in the FA market nor will they generate enough gate revenues to remain solvent. Sad really.
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US679 Part Deux
An improvement over the US678 prototype


Joined: 18 Oct 2007
Posts: 457
Location: Milton, Ontario

PostPosted: Wed Nov 07, 2007 3:42 pm    Post subject: Reply with quote

Seriously, they make it sound like it's a great thing. They are only guranteed for 3 years, and then what? Start this process all over again when they want to move the team Rolling Eyes
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Jyrki21
Rebel Sell + Moneyball = Life


Joined: 18 Oct 2007
Posts: 1594
Location: Ottawa, ON

PostPosted: Wed Nov 07, 2007 4:21 pm    Post subject: Reply with quote

US679 Part Deux wrote:
Seriously, they make it sound like it's a great thing. They are only guranteed for 3 years, and then what? Start this process all over again when they want to move the team Rolling Eyes

Yes, the sword of Damocles, the threat constantly looming on the horizon. It's known as "Quebeconomics."





I don't care if that's political, it's a beautiful portmanteau! Laughing
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US679 Part Deux
An improvement over the US678 prototype


Joined: 18 Oct 2007
Posts: 457
Location: Milton, Ontario

PostPosted: Wed Nov 07, 2007 4:22 pm    Post subject: Reply with quote

Jyrki21 wrote:
US679 Part Deux wrote:
Seriously, they make it sound like it's a great thing. They are only guranteed for 3 years, and then what? Start this process all over again when they want to move the team Rolling Eyes

Yes, the sword of Damocles, the threat constantly looming on the horizon. It's known as "Quebeconomics."





I don't care if that's political, it's a beautiful portmanteau! Laughing


Laughing

Mad
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Av-merican
Un-Tenured Professor of Hockey


Joined: 17 Oct 2007
Posts: 1673
Location: Denver

PostPosted: Wed Nov 14, 2007 2:10 pm    Post subject: Reply with quote

NOT SO FAST!!! The press conference announcing the finalized deal has been called off.

Really folks, just make a fucking decision. Rolling Eyes
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E.L.3000
Big in Japan


Joined: 18 Oct 2007
Posts: 1359
Location: Finger?

PostPosted: Wed Nov 14, 2007 2:28 pm    Post subject: Reply with quote

This is pathetic. Clearly the shoddily assembled Nashville group doesn't have the money or long-term capital to go through with this. It's a band of merry men with cowboy hats, none of whom with the actual money needed to buy a hockey team at an inflated price, and can't pull the trigger on the deal because they need a bunch of handouts and guarantees.
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DH
Lloyd's Minster


Joined: 18 Oct 2007
Posts: 320
Location: Alberta

PostPosted: Wed Nov 14, 2007 4:20 pm    Post subject: Reply with quote

Agreed. This is VERY pathetic.

Even if they came up with the money there are exit clauses all over the place that facilitate moving the team.

So why the fuck didn't the league just allow Balsillie's offer that was much higher and didn't call for concessions, wait a year or 2, move the team if necessary and be done with it?
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Av-merican
Un-Tenured Professor of Hockey


Joined: 17 Oct 2007
Posts: 1673
Location: Denver

PostPosted: Wed Nov 14, 2007 4:24 pm    Post subject: Reply with quote

DH wrote:
So why the fuck didn't the league just allow Balsillie's offer that was much higher and didn't call for concessions, wait a year or 2, move the team if necessary and be done with it?


That would require Bettman and the rest of the league brass to finally admit they made a grievous error in expanding to markets that are not only hockey-friendly, but not really all that sports-friendly either. Won't happen, Bettman will never admit to any of his many blunders unless he gets handcuffed at the ankle in a room with Chris Chelios with only a saw between them.
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Bosc Ulrich II
OTP Resident Historian


Joined: 18 Oct 2007
Posts: 2930
Location: Your own blue line!

PostPosted: Wed Nov 14, 2007 4:54 pm    Post subject: Reply with quote

DH wrote:
Agreed. This is VERY pathetic.

Even if they came up with the money there are exit clauses all over the place that facilitate moving the team.

So why the fuck didn't the league just allow Balsillie's offer that was much higher and didn't call for concessions, wait a year or 2, move the team if necessary and be done with it?


He clearly doesn't meet one of the following requirements for purchasing a NHL franchise: thief, launderer, extortionist, fraud, bankrupt, bankrupt, bankrupt, collaborator, knows absolutely nothing about hockey, doesn't already own a franchise, etc...
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Av-merican
Un-Tenured Professor of Hockey


Joined: 17 Oct 2007
Posts: 1673
Location: Denver

PostPosted: Fri Nov 16, 2007 7:35 pm    Post subject: Reply with quote

Don't know why I'm even bothering posting this...

http://www.tennessean.com/apps/pbcs.dll/article?AID=/20071116/NEWS01/71116049
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DH
Lloyd's Minster


Joined: 18 Oct 2007
Posts: 320
Location: Alberta

PostPosted: Sat Nov 17, 2007 4:55 pm    Post subject: Reply with quote

Av-merican wrote:
Don't know why I'm even bothering posting this...

http://www.tennessean.com/apps/pbcs.dll/article?AID=/20071116/NEWS01/71116049


That's quite the vacuous fluff-piece.
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Jyrki21
Rebel Sell + Moneyball = Life


Joined: 18 Oct 2007
Posts: 1594
Location: Ottawa, ON

PostPosted: Thu Nov 29, 2007 10:55 pm    Post subject: Reply with quote

http://www.nhl.com/nhl/app?articleid=344952&page=NewsPage&service=page

NHL.com wrote:
The National Hockey League's Board of Governors on Thursday approved the proposed sale of the Nashville Predators to a group headed by Nashville businessman David Freeman. The approval, voted at the League meetings in Pebble Beach, Calif., was forwarded pending the closing of the proposed transaction, which could take place within the next few days.

...

All but two of the group's nine members are from Nashville.

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