Contraction a necessary evil for survival of NHL says economist
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11-30-2012, 10:14 AM
Join Date: Mar 2002
Originally Posted by
The NHL charged the Jets a relocation fee. If they get money via relocation fee or an expansion fee makes no difference. Considering they'd have to buy out an owner if they want to contract a team the money received would be the same.
No, the money would not be the same.
Jets paid a relocation fee of $60m.
The press is reporting an expansion fee, could be as high as $400m-$500m per team.
Team sales have been between $130m-$170m on the last few teams sold: Blues, Thrashers and Coyotes.
NHL would prefer expansion to relocation and no league will take the pr hit of contraction, if they can avoid it.
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