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12-14-2012, 10:30 AM
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Location: Scottsdale, AZ.
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Originally Posted by Whileee View Post
This vagueness is a bit troubling, particularly after he has had more than a year to put together his investment group. I would have thought that he would have been all set to go to close the deal ASAP after Glendale's approval of the lease. Instead, it's back to "maybes".

Meanwhile, it looks like Glendale is going to have quite a prolonged and unpleasant hangover from their binge with the NHL and Coyotes.
The mid January close date coincides with the final dates on which the season could potentially be salvaged. We all know the season will ultimately be cancelled, such an event will give GJ the cover he needs to say that because of the lockout he will not be able to complete the transaction. His game has always been to lie and deceive for as long as enough people are willing to believe him. Since nobody has bothered to seriously vet this guy his charade continues! What a joke!

Forbes Magagzine just came out with an article suggesting the only way the league survives long term is to reduce the number of teams to 20! They reason that the underlying TV contracts do not give enough revenues to the weaker teams, unlike the other big three! The result is continual wealth redistribution from rich teams to poor teams. Such a scheme does not hold up long term and in the end the rich teams revolt. Solution start the contraction now and reduce the number one a year for the forseeable future!

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