Phoenix XLI: Bongo Fury
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12-07-2011, 12:20 PM
Join Date: Nov 2004
I'm still hanging on to the idea that there is nowhere for them to go right now.
Beasley is retiring, and Scuggs may not run for re-election. Westgate has been foreclosed upon with no takers at a public auction at bargain basement prices.
In other words, the use of a bond is DOA, so where else is COG going to get the kind of money a new owner would want in concessions? The NHL really has to decide if they're willing to fund this thing next year without COG, or lower a price so some owner can actually find enough investors to buy the team. Probably at half the NHL's asking price.
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