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Old 06-16-2009, 06:57 AM  
ronaldo
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Join Date: Jan 2002
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Quote:
Originally Posted by SilentKnight View Post
Yet it seems incredibly ridiculous for Bettman to exercise his only other option and keep a losing, bankrupt team in Phoenix. If I were a creditor - I'd be pissed right about now.

Its as if Bettman is cutting off his nose to spite his face.

$100million fee just to move the team?! PLEASE!
Well, we'll see if there are other options out there now. It's not being given to Balsillie by default. If he makes the best offer, I suspect they'll take it. But once someone is attaching conditions to their offer, there are obviously other things to take into consideration. If you're trying to sell a site for $10k and you get one offer for $8k straight up and another one for $10k with some extreme, unheard of conditions attached, that $10k offer may not be as attractive as the one for $8k.

As for the 100 million. I'd have to look into that further. Would that be to cover territorial rights compensation to Toronto and Buffalo? If it does, I'm not sure it's enough. If it doesn't, yeah, it seems a little excessive. But, just like Balsillie tried to fuck the NHL, maybe the NHL is trying to fuck Balsillie. What's good for the goose...
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