NHL Buyout?
By lefty
Editor's Note: Ok, we KNOW that this is a baseball blog, but this story is just so unusual, we had to bring it to your attention. If this deal should go through, we can only begin to speculate on the ramifications for other pro sports...
NHL owners, it’s time to put up or shut up. We’re all tired of the ridiculous way the unions and owners have made such a big fat mess of the NHL. The owners, who’ve claimed to lose a collective $500 million over the past two seasons, can now escape their losing ways and make an incredible profit. It is being reported now that an offer is on the table to buy the entire NHL for $3.5 billion. That’s $116 million per owner if split evenly. How can they refuse?
ESPN is reporting that a Boston-based investment firm and sports advisory company made an offer to the NHL this past Tuesday in New York.
The plan looks like an “as is” deal and would not require a settlement in the current NHL stalemate.
Click Here for the ESPN article.
