Phoenix Bankruptcy Part XXI: 2009 -- A Sports Odyssey
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09-28-2009, 11:33 PM
Join Date: Sep 2005
Originally Posted by
I am not saying the area isn't valuable. What I am saying is that the NHL cannot divide the money they would get in placing a second team here equally amongst the thirty. MLSE already 'owns' that territory.
It is more lucrative to the other 29 to have team elsewhere.
Except that each of the other teams wants to protect their own area. Say the Habs, for example, decide that they don't want to contribute a few million to cover Phoenix's losses and they don't care if the Leafs lose control of the Toronto region. Then next year another team may move into Montreal's region. Now the Habs are out the $200 million or so they feel exclusive use of their region is worth.
Each team has a vested interest in all teams maintaining their own regions or receiving compensation for someone moving in. Also, maybe the other owners are not that keen on being partners with people who always put their own interests ahead of their partner's interests.
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