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04-29-2012, 01:38 AM
knorthern knight
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Join Date: Mar 2011
Location: GTA
Country: Canada
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Originally Posted by RPM View Post
Thanks for the welcome

I remember Joyce balking at the 50 million as clear as yesterday. if he just paid the damn fee, hamilton would have gotten the team (and a lot cheaper than todays going gough rate will be).
The conditions on the bid were that he put up 100% of the full expansion fee, NON-REFUNDABLE, after which he could ask the Leafs how much they wanted in compensation. No businessman in his right mind would essentially sign a blank cheque.

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