Detroit Red Wings owe city tens of millions from cable rights and other items?
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12-26-2012, 08:34 PM
Join Date: Jul 2007
Originally Posted by
Sounds like they've never paid their share of TV money because they dispute that they agreed to paying money for hockey events. On top of that they havent paid anything for rent since their lease expired in 2010. It's two distinct areas of conflict, one goes back to the 80's the other since 2010.
makes sense, wonder if there's anything serious to this one, or if it's just a ******** reporter digging up any dirt she can find.
Reading more, it looks like the lease payments will be negotiated as part of the next lease. The old deal expired in 2010 but the sides have not negotiated a new lease. In the absence of a lease, the Wings have not paid the city but whatever they owe for the missed years will be negotiated in the next deal. So that's really a non-issue right now.
On the TV rights, obviously Olympia owes something, but if the City never bothered to collect since 1980 for whatever reason I think there's got to be some kind of statute of limitations that Olympia could claim. Unless that doesn't apply to a contract like this. There's something to the story, but the amount owed is probably a lot less than the report claims it could possibly be.
Last edited by Legionnaire11: 12-26-2012 at
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