View Single Post
02-12-2013, 10:26 PM
It's finally over
XX's Avatar
Join Date: Dec 2002
Location: Jump City!
Country: United States
Posts: 43,014
vCash: 500
Originally Posted by aqib View Post
Well the NHL had a big gamble in court, if they had lost the right to determine where their franchises are located. Everyone had their opinions but without precedent no one knew how it was going to go. The NHL would have rather the team sold back in 2009 and not had to deal with this as long as they did.
But if CF's take on events are to be believed, they were not going to sell the team without somehow voiding the AMULA first. Had they not extracted the subsidies discussed, Moyes was going to put the team into BK, even without Balsille. RIM Jim was just a convenient out and a nice wrench to throw into the process once it became clear that Moyes was going to be dicked over. I don't think anyone reasonably expected Balsille to succeed in his bid. Had Glendale decided to take the money and run, things would have been more interesting. But the right to own and operate a franchise in a location dictated by a league was beyond the scope of the BK court, if I remember right, and wasn't specifically addressed in the ruling. Balsille's bid made creditors more whole, but left the city unfulfilled in so far as they no longer had a team.

XX is offline