Ownership Cluster**** Thread: NHL and GJ, Put Up or Shut Up!
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09-27-2012, 07:56 PM
Join Date: May 2010
Originally Posted by
NO. They are better off by $1M if the Coyotes stay.
Neither is attractive but negative 24M is better than negative 25M.
This makes the assumption that Glendale will be able to restructure $8 million in debt if the Coyotes stay, and that they won't be able to do that if the Coyotes leave. Has anyone seen any justification of that assumption?
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