Phoenix bankruptcy/ownership Part XI: A Fistful of Dollars?
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08-04-2009, 01:22 AM
Join Date: Jun 2009
Originally Posted by
JB destroys any value to be found here, though. You'd have to be willing to pay a premium for the Phoenix Coyotes. There have to be better deals out there than that.
Exactly, so if it got as far as a relo auction and that mystery KC bidder steps up, they're going to have to top 212.5 in cash, plus the relocation fee for KC (alot lower than S. Ontario of course).
There would also be the damages to the COG for breaking the lease, whatever those end up at.
A steep price for the KC market.
That's a rabbit I'd love to see the NHL pull out of their hat.
Last edited by Hammertown: 08-04-2009 at
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