1997 expansion approval
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12-21-2012, 03:23 PM
Join Date: Nov 2004
Originally Posted by
No it does make business sense. It makes business sense for owners of the 27 other teams. Why would I care how much revenue the rangers were getting if I owned the blue jackets? I would rather have a lower cap and floor so I could be profitable. There is no reason for me to want to support another corporation that is causing me to lose profits.
if the rangers, canadians, and maple leafs were giving my team more money than it cost me to have them in the league than it makes sense to keep them than otherwise throw them out. And the islanders are moving to NYC so I won't lose out on that tv market and that would help keep another league from forming with a team in new york.
That owner can start his own league then. There's no reason why the highest valued franchises should be sacrificed so his $80 investment will flourish through anticompetitive practices.
Everyone had a chance to do their due diligence before buying into the league.
I can't believe I even have to argue something like this...
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