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Left In The Dark
by Paul on 06/24/08 at 05:02 AM ET
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from Rick Westhead of the Toronto Star,
Even the smug man in charge at NHL headquarters would surely agree last week was an especially bad one.
As he addressed the league’s board of governors in New York, Gary Bettman admitted he had no clue that two of his closest NHL confidants – L.A.‘s Philip Anschutz and Minnesota’s Craig Leipold – had lent San Jose banker Boots Del Biaggio a combined $17 million (U.S.) to help him pay for a $25 million stake in the Nashville Predators.
NHL owners were speechless, according to a source who attended the meeting, as Bettman grumbled he had been in the dark. Neither Anschutz nor Leipold had made him aware of the cozy back-door deal.
Update 11:56am ET: (Alanah) Reading that article a bit closer, I noticed this blurb at the bottom that seemed worth noting—
Former Bruins star Bobby Orr has filed a grievance with the NHL Players’ Association against Islanders goalie Rick DiPietro, the Star has learned. Orr alleges his player agency spearheaded negotiations with the Islanders in 2006 on behalf of the goalie, but was fired shortly before he signed a 15-year, $67.5 million contract extension. Orr is fighting for his agent fee.
Filed in: NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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So the previous owner loaned one of the new owners the $ to buy the team from him(the previous owner)?
How does that even work!?
Posted by AndrewB from TN on 06/24/08 at 12:17 PM ET
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This story and everything else that comes out about Boots is all you need to know about how corrupt and inept Bettman’s reign is.
It also shows why the owners will never, ever throw him out of office.
Posted by HockeyJoe from NY on 06/24/08 at 05:52 AM ET