Phoenix, worst case scenario
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06-21-2011, 08:52 AM
Join Date: Mar 2011
Location: Peg City
Originally Posted by
But in the OP's worst case scenario, there might be a need by the NHL to move the team so as not to lose tens of millions more.
Again, the OP presented a worst case scenario where no owner is found after the next season the the COG's
$25m has been used up and will not foot the bill for 2012-2013
Didn't CoG pass the new deal to be renewable at the NHL's discretion for a ten year term? They'd be on the hook, that's what I recall (at least for the arena lease, not sure about the 25MM I think that was left a little fuzzy in the conversation about that).
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