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01-24-2013, 05:56 PM
Just the tip!
madhi19's Avatar
Join Date: Jun 2012
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Originally Posted by Whileee View Post
I have no doubt that Bettman could get more if he sold to an owner and let him relocate to another city.

But I think that the NHL owes Glendale. During the NHL's battle with Balsillie during the bankruptcy fiasco, the COG supported the NHL's auction bid, even though they would have made a lot more from Balsillie. Had they backed Balsillie's auction bid, the NHL might have been in some deep mire. Since then the COG has put out $50 million while the NHL has been looking for a buyer to pay an inflated price that they stubbornly refuse to reduce.

So, the thanks that Glendale gets for helping out the NHL in the bankruptcy saga is a big kick in the teeth. Not nice.
Glendale support for or against the NHL did not change jack squat. The moment the NHL told the judge they would not approuve the sale and the relocation Balsillie's bid was dead. If anything siding with the NHL likely just told Garry that he had some serious suckers to fleece. And fleece them he sure did.

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