Phoenix LXXII: Send in the Clowns
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02-20-2013, 12:36 AM
Join Date: Dec 2002
Originally Posted by
I contend that the league needs to pay that price.
They are indeed externalizing a significant cost by passing the buck to the city in a form of subsidy required. I would say I'm surprised that no one on the council has thought to ask why they insist on twice the market value of the team, but I'm not. The real kicker is that they continue to go along with this charade. The NHL got to protect its rights, and now stands to reap the benefits of expansion. Expansion money they could have lost out on, had they stood idle while Balsille carted the team off. Now they want to have their cake and eat it too. All of this over an unnecessary promise to "not lose a dime" on the Coyotes.
Sorry Gary, but you should lose money when you fight a legal challenge to the way you do business.
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