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12-02-2012, 01:18 AM
  #166
madhi19
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Quote:
Originally Posted by Stix and Stones View Post
How would contraction work? You think the other owners would buy the contracted teams?
In one scenario an owner throw the keys on Garry desk and walk away instead of relocating the franchise or selling it to local interest the BoG decide to just contract the franchise and have a dispersal draft. It came very close to happen with Atlanta two years ago. But here lie the problem in an event of a successfull decertification by the PA things like entry draft and dispersal would likely be illegal under anti-trust law. From that perspective players under contract with a folded team will see their contract voided and would immediately be free agent. Or the NHL before they fold the team sell those contract to other teams via an auction.

That linked to a second scenario the NHL could use to finance a contraction. The league could buy out an owner from a team in bad shape either by mutual agreement or out of bankrupcy and finance the buyout by auctioning the contract between owners.

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