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02-20-2013, 10:23 PM
  #327
Whileee
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Join Date: May 2010
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Quote:
Originally Posted by Llama19 View Post
Finished watching the videos, great stuff!

(Could be interesting to bring at the next CoG council meeting when the Coyotes are on the agenda. )

Best quote (video 2 from Judge Redfield T. Baum - time mark ~ 7:45 on reading from NHL expert article)

"How to make a small fortune by owning a professional sports franchise. The next line is -- start with a large fortune and buy an NHL franchise."
I caught that too... it was contained in a brief from the NHL. He reiterated the point that any prospective owner needed to be very well-financed, not only to purchase the team, but also to ride out years of substantial losses.

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