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01-30-2013, 03:04 PM
  #777
Phil Parent
The Lama Of Levity
 
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Join Date: Feb 2005
Location: Sorel-Tracy, Quebec
Country: Canada
Posts: 12,113
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Quote:
Originally Posted by howlinhockey View Post
It's done boys. I know I know...not good for Quebec but at least you have the Avalanche!

2% sales tax??? I believe it is 3% but they plan on charging for parking and CoG has in place penalties a fail safes that require Jamison's group to put on X number of events ea season. Protects them from work stoppage etc. Sure some will say $300 mill is pricey. But in 10-15 years maybe $15 mill per year is more of a bargain then now. Also in 2015 a new naming rights will be pursued and Glendale will get a piece of that. $30 million was paid in 2006 by Jobing.com
No, it's not.

How does a prospective owner pay for the payroll of a team that's bleeding money if he can barely pay for the team itself?

Even if he would buy the team, and right now it doesn't look good, then how does he pay the bills?

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