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11-13-2012, 10:50 AM
Gump Hasek
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Originally Posted by Canadian Guy View Post
Some of those teams like Columbus have these things called leases that, if broken, would cost the League (all teams) a fortune.
Not really. The lease is with the team, not the league. If the franchise goes belly up then that lease essentially means diddly in the end if no other individual operator can be uncovered - one willing to assume the obligation. The NHL doesn't have a lease in Columbus, but rather, an individual operator/holding company holds the lease.

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