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Anyone Know A Gazillionaire?
by Paul on 08/26/09 at 07:07 PM ET
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from Eric Duhatschek of the Globe and Mail,
The reality is, the chances of some anonymous deep-pocketed gazillionaire doing commissioner Gary Bettman that favour over the long term is virtually nil – which brings up a delicious scenario for anyone hoping to see a seventh Canadian team join the NHL sooner rather than later.
What if the NHL is successful in its bid, but predictably, a year down the road, drops the usual $30-million in operating losses in Phoenix? Would there not be tremendous pressure from the board of governors to ponder relocating the team at that juncture, rather than continue to pour dollars down what has, at this stage, been a bottomless money pit? And if that does become the over-riding sentiment, wouldn’t the Toronto Coyotes – operating out of the Air Canada Centre – sound like a financially appealing alternative?
Think of it this way. The Maple Leafs will have any number of objections to a team entering into its market, but the biggest must surely be the threat of a rival team coming in and constructing a new state-of-the-art facility that would compete with the ACC for Fleetwood Mac and Britney Spears and all the major touring showbiz acts that arenas use to fill the dates around their anchor sports tenants.
Filed in: NHL Teams, Phoenix Coyotes | KK Hockey | Permalink
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