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09-13-2004, 08:49 AM
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ladybugblue's Avatar
Join Date: May 2004
Location: Edmonton, AB
Country: Canada
Posts: 2,427
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"War chest"

I could be wrong but from what I was told the "war chest" is not necessarily full of money. This isn't necessarily money that is current in their bank accounts but money that they have been pre-approved for in terms of loans to keep operations going in case of a lock out. I think those are two completed different things. If I am pre-approved for say $50,000 loan does not mean I have $50,000 to spend...well to some folks it might be...I remember John Davidson talking about in oh HNIC near the end of the season or playoffs and repeated by some other reporters. Again I could be wrong but this is what I remember hearing more than a couple of times.

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