Brett Wilson Joins Predators Ownership Group
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11-16-2011, 01:26 PM
Join Date: Aug 2009
Before everybody starts writing checks with the Preds logo on it remember what Wilson's inclusion does right now. The article I'm thinking about that addresses what this means is "archived for subscription only", but I remember Cigarran saying that Wilson stabilizes their overall financial footing, when coupled with their refinancing awhile back makes their debt more manageable and could minimize the financial risk of the current ownership group. Stabilizing the finances of the organization and minimizing the individual risk among the group has been a goal they've been working on since day one, and that is much closer with this deal. Maybe one day this means more money on the table for the on ice product, but for now it just shores things up.
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