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07-30-2012, 12:21 PM
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Originally Posted by Jim Bob View Post

There is a report that Jamison is $20M short and the NHL refuses to lower the asking price.
..which could possibly mean that he's actually $105m short ($20m short of sale price, $85m short of the 50% of sale price for solvency purposes requirement), which should just fill everyone with confidence.

I mean, if a buyer can barely find the cash to buy the team, how will he be able to sustain regular $40m/yr losses?
Oh right, the market will magically work even though it has a terrible history and everyone who has evaluated it has passed it up unless they're getting paid to take it on.

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