: Value of:
$3.5 mill + 1st round draft pick/asset for ANY buyout
View Single Post
04-29-2013, 01:10 PM
Join Date: Nov 2009
Originally Posted by
Edwards isn't trying to sell his team.He has reason to be concerned about future payrolls.
Wang's try to sell the team and turned over business operations to the Barclays group(potential buyers). Wang has an off ice friendship with RD, that I felt kept Wang from buying out DiPietro.
So, yeah. Imo Wang's not worried about DiPietro's buyout.That's the next owner's problem.
...It would be easier to sell if their wasn't dead salary.
"Everything looks in order Wang, just one question. What's this $24,000,000 for? Some operating cost? Maybe parking maintenance?"
"Oh no, that's just Rick's salary."
"Wow, he must be a very important person with that type of salary. What's his job?"
"He has none, you'll be paying him to sit at home and eat cheezies until you're 70."
The next owner's problem
the current owner's problem. Again, maybe it's for the best they are willing to choke it down but if there's a way of clearing the Islanders of that 24M, you better believe Wang is looking at it. More likely a team isn't willing to take a 24M hit though for some draft pick.
View Public Profile
Find More Posts by Paper