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03-10-2013, 03:03 PM
Tortious Beadicus
Join Date: Nov 2009
Location: Bay Area, CA
Country: United States
Posts: 3,215
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Originally Posted by Fugu View Post
assuming the team could be bought for actual market value, not Bettman's artificial price based on protecting the league's right to move teams and sell locations.
I find the most persuasive evidence is the $300MM+ subsidy that the NHL cultivated to offset the reported $170MM franchise price. Sure, the NHL might be seeking more than market value but the league also fully delivered a mechanism to remove the burden of an inflated price. The franchise was essentially free to any potential owner who would put up the revolver to operate the team in Glendale. JIG looked for someone(s) willing to do that for about a year or so, couldn't make it happen.

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