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All Is Not Well
by Paul on 11/29/08 at 07:59 AM ET
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from Eric Duhatschek of the Globe and Mail,
The survival of the New York Islanders hinges on an arena deal that may be compromised by tightening U.S. credit markets.
The Coyotes’ future in Phoenix is threatened by the plight of owner Jerry Moyes’ trucking firm, Swift Transportation, during an economic slowdown.
The Atlanta Thrashers are in court daily, mired in an ownership tug of war that threatens to de-stabilize the franchise.
A 27 per cent share of the Nashville Predators is tied up in the William (Boots) Del Biaggio bankruptcy hearing….
Against this mounting evidence, amid the worst financial crisis since the Great Depression, commissioner Gary Bettman recently reported a sunny forecast for the gate-driven National Hockey League, buffeted by increased attendance in October and brisk ticket sales in many markets.
Looking forward, the picture isn’t so cheery.
Filed in: NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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