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An Embarrassing Chapter In NHL History
by Paul on 07/27/09 at 10:08 AM ET
Comments (3)
from Tripp Mickle of SportsBusiness Journal,
“I’ve got to tell you,” said Del Biaggio, who’d bought the Nashville Predators from Leipold in late 2007, “I lied to you.”
“What are you talking about?” Leipold asked.
Weeks later, after he returned from France, Leipold learned exactly what Del Biaggio meant, and just how far those four words had taken him.
The young, relatively unknown venture capitalist from San Jose had made one of his first confessions of guilt in what would be one of the most embarrassing recent chapters in NHL history.
read on & thanks for the pointer to everyone here...
Filed in: NHL Teams, Nashville Predators | KK Hockey | Permalink
Tags: William+Del+Biaggio,
Comments
After the scandal broke, the NHL adopted a new policy that requires owners to disclose any and all business and financial relationships between one another, such as the loans Boots received from Leipold and AEG. While the policy was designed to eliminate conflicts of interest among owners, many say if it had been in place before Boots bought the team, he would have been ruled out as a buyer long before he dragged Leipold, AEG and the NHL down with him.
- Tripp Mickle.
Holy hell. The NHL is reactive as always instead of proactive. Boots did whatever he could to become part of a select group of owners. The prestige he was willing to bilk everyone for.
Posted by SYF from a "Bron-Y-Aur Stomp" on 07/27/09 at 01:47 PM ET
Boots did whatever he could to become part of a select group of owners. The prestige he was willing to bilk everyone for.
His lies would have been more elaborate if there were more obstacles in place, but he was determined to get into the club. And if the only way someone can get in is to be introduced around to the other old boys in the network, then no policy in the world is going to be enough to counter that. A determined con man is going to be able to get around any obstacles between him and his goal by using his personal connections, charisma, and creativity - that is his raison d’etre.
Posted by Baroque from Michigan on 07/28/09 at 04:55 AM ET
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When I first saw Paul’s choice of headline, I thought I’d be reading about the officiating in this year’s playoffs… but, believe it or not, this truly is even bigger. A fascinating read.
Posted by BobTheZee on 07/27/09 at 01:31 PM ET