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No Red Flags
by Paul on 06/22/08 at 08:46 AM ET
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from Brad Schrade of the Tennessean,
The Predators’ situation is the first of its kind involving a minority ownership. In the other cases, bankruptcy trustees worked with the NHL to find a replacement owner, relying on the league to help with leads to potential buyers.
It’s unclear whether Del Biaggio underwent the tough scrutiny of a background check in 2002 when he bought a small stake in the San Jose Sharks. The league confirmed that he underwent a background check for the Predators purchase.
“You do all the things you can do to verify certain things,” said Bill Daly, NHL deputy commissioner. “You go through the checks. The bottom line is, no red flags came up.”
Filed in: NHL Teams, Nashville Predators | KK Hockey | Permalink
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