Kukla's Korner Hockey
Nashville Keeping Costs Down
by Paul on 06/19/07 at 06:23 AM ET
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from the Tennessean,
Leipold has said he’s lost a combined $27 million over the past two years and isn’t eager to suffer any such losses again. Even though he might not have to pay players he’s signing now in the long run, there is the possibility the proposed deal with Balsillie might fall through, which would leave Leipold on the hook for new contracts.
“Craig is the owner of the team, he’s the one footing the bills and he’s on record as saying he does not want to lose in the area of $15 million anymore on this hockey club in any given year,’’ Poile said.
As a result, Poile said he never even made an offer to Hartnell or Timonen after discussing contract parameters with their agents. Timonen, Nashville’s captain last season, signed a six-year, $37.8-million deal with the Flyers, while Hartnell signed a six-year, $25.2-million deal.
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