View Single Post
Old
01-22-2013, 05:27 PM
  #630
cbcwpg
Registered User
 
cbcwpg's Avatar
 
Join Date: May 2010
Location: Between the Pipes
Country: United Nations
Posts: 9,122
vCash: 500
Quote:
Originally Posted by cutchemist42 View Post
If Jamison had the money lined up, is there any good reason to delay the announcement?
The lease is done.... Not an issue.

The NHL has had the price for the team set for 3 years, so there should be no surprises for Jamison... So not an issue.

The only reason for this being delayed is that Jamison doesn't have the money all lined up yet. Now, he may even have the money to actually buy the team, but maybe he is struggling to get some working capital for the next 4-5 years until he starts raking it in. You just don't plunk $170M down to buy a team with zero dollars in the bank after the purchase.

cbcwpg is offline