OT: Thinking NHL Expansion
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07-12-2011, 10:41 PM
Join Date: Mar 2005
It's funny, while it's fun to speculate about where teams end up or would work it really all comes down to ownership. I'm quite confident in saying that who the owners were had a lot more to do with a given team's success than the location.
I think Craig Leipold is the perfect example of this. The guy lost 70 million dollars owning the Predators. The team is sold and is turned around within a couple of years. Leipold then buys the Wild and guess what now they're losing money and complaining about finances. You would think owning a hockey team in Minnesota would be idiot proof, but I guess not.
Corporate owners are usually a bad idea too. The obvious exception being LLC's in which the primary holding is the NHL team and the arena. When it becomes a mega real estate project/three or four team deal the owners usually don't invest enough into the hockey team to make it work.
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