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The Summer Of 07
by Paul on 09/05/07 at 04:21 PM ET
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From Wes Goldstein of CBS Sportsline,
It might not have seemed like it, but things were pretty busy around the NHL this past summer. Here’s a look back at some of the most important events that took place….
5. Seeing the value: Despite the criticism the NHL gets for its lack of exposure and inability to make inroads in many American markets, there is obviously something about owning a franchise that appeals to people with money. How else do you explain the significant premiums paid this summer for the Nashville Predators and Tampa Bay Lightning? Both organizations have been burning cash for the past decade, but the sale prices they fetched suggest that NHL teams are much better investments than they appear to be on the surface.
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