Phoenix LXXII: Send in the Clowns
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02-12-2013, 05:40 PM
Join Date: Dec 2010
For those hoping that JR re-enters the game. Last week on HNIC it was reported by Glen Healy that JR was willing to invest in the Coyotes. However, Healy reported that JR would only pay .50 cents on the dollar. That would either work out to $70 million or $85 million depending if it was a selling price of $140 or $170 million.
So that would make Leblanc. Hulsizer and JR all involved.
This price would coincide with what local bidders were willing to pay for the Thrashers. In fact it would be a little higher.
I wonder how close GJ is to closing the deal. He did say he was continuing to work on it didn't he?
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