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Maloofs to Buy Mighty Ducks?!

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11-07-2003, 02:17 PM
  #1
Healthy Scratch
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Maloofs to Buy Mighty Ducks?!

From the OC Register:

Maloofs meet with NHL to discuss buying the Mighty Ducks

By SCOTT SOSHNICK and MICHAEL BUTEAU
Bloomberg News


The owners of basketball’s Sacramento Kings met with National Hockey League Commissioner Gary Bettman to discuss buying Walt Disney Co.’s Anaheim Mighty Ducks.

Joe and Gavin Maloof, who are in New York for tonight’s Kings-Knicks game at Madison Square Garden, “would make terrific owners of an NHL team,” Bettman said in an interview.

Bettman, who has known the Maloof brothers for 20 years, wouldn’t comment specifically on the Mighty Ducks. The franchise joined the NHL as an expansion team in 1993 after Disney released a hockey-themed movie of the same name.

Joe Maloof declined to discuss specifics of their 30-minute meeting with the commissioner. “We talked about the NHL,” he said in a telephone interview.

Michele Nachum, a spokeswoman for Walt Disney parks and resorts, which owns the Ducks, declined to comment on discussions with the Maloofs. “We are talking to more than one interested party,” she said.

She wouldn’t name the other parties.

The second-biggest media company sold its other professional sports team, Major League Baseball’s Anaheim Angels, to Arturo Moreno for about $180 million in May.

Disney and other media companies are selling sports franchises that were bought to provide programming for the companies’ broadcast outlets. Time Warner Inc., the No. 1 media company, in September agreed to sell basketball’s Atlanta Hawks and Hockey’s Thrashers.

The Mighty Ducks are worth $111 million, according to Forbes magazine.

Joe Maloof said he wouldn’t move the hockey team to Sacramento or the Kings to Anaheim. He said the Ducks are losing about $12 million-15 million a year, though it’s possible for the team to be profitable.

The NHL’s labor contract with its players expires after the season. Bettman said the league’s economic system “has to be fixed.” No talks are scheduled.

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11-07-2003, 02:26 PM
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wow..
btw HS fyi when you have something like this, it's best to post some of the words and link it.. copy right issues...

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11-07-2003, 02:28 PM
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I thought of that, but I know you have to have a password to read the Register online. Thanks for the FYI though.

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11-07-2003, 02:32 PM
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Originally Posted by Healthy Scratch
I thought of that, but I know you have to have a password to read the Register online. Thanks for the FYI though.
it's all good...
thanks for the info though... the Maloofs are crazy..
first your Casino, then the Kings, now the Ducks.. crazy.. i wonder if their sister is single... LOL

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11-07-2003, 04:55 PM
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The Maloofs would be great owners for the Ducks, although I hate them now (because I am a Laker fan). They have no problem buying talent, they'll turn the Ducks into perennial playoff team. But I don't know if they can win the cup here, their basketball team has been the favorite to win the NBA championship a few times, but chokes it away. They seem to get top players who choke. Hopefully, they can do better here.

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11-07-2003, 05:29 PM
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The Maloof bros. have been interested in the team for awhile now. The Ducks would be in good hands with them in charge. Isn't one of the brother a playboy and the other like all business?

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11-07-2003, 07:56 PM
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I wouldn't mind seeing them buy the Ducks because they will want to win. It will actually be cool to have a couple of owners show up to a majority of games and support the team.

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11-07-2003, 08:22 PM
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This could benefit the Ducks should they buy the team. They want to win, and they'd do alot to get that.

If they bought the team now, I wouldn't be surprised to see them trade for Jarimor Jagr. Yeah, he's way too overpaid, but he could turn it around in Anaheim, like so many others have. He won't be expensive, and Washington likely would eat up alot of his salary($3-5 million per year). Not likely, but hey, it could happen

They'd be committed to bringing in top-notch talent year after year. Anaheim would start making more FA moves, and should these brother buy the Ducks, I think we may once again see Paul Kariya in a Ducks uniform. He's expressed interest to come back, and with new owners committed to winning, it wouldn't be hard to grab him for $6-8 million. Right about his worth.

Should these guys buy the team, the Ducks could turn into perrenial cup contenders, and create a huge fan base in Anaheim. If they start winning division titles, the Pond could start selling out and it would boost alot of profit. This could be the best thing to happen to the Ducks since, well, ever.

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11-07-2003, 08:27 PM
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Well, I'm hoping that here they have the franchise players they need in Giguere (when he returns to form) and Fedorov. Also, if Sykora, Chistov, and Lupul progress like they can, and with the money to sign FA's, they can win. What the Kings (Sacramento) lack is the franchise super-star player. Webber, Bibby, and Miller are good, but they aren't at a level like Duncan, Kobe, or Shaq. Giguere, if he plays at 85-90% as good as he did in the playoffs last year, is the franchise player to build around.

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11-07-2003, 08:41 PM
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Beware. The Maloofs showed interest in the Lightning back around '97 and strongarmed our management into shedding salary (they tried to force our GM to trade Hamrlik because they didn't want to take on his $2.3 million contract, but we got rid of Houlder, Burr and Poeschek instead, as I recall). Then after all was said and done, they backed out of the deal. It set us back at least a year or two. The Maloofs are trouble.

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11-10-2003, 04:05 AM
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Quote:
Originally Posted by joeminus
Beware. The Maloofs showed interest in the Lightning back around '97 and strongarmed our management into shedding salary (they tried to force our GM to trade Hamrlik because they didn't want to take on his $2.3 million contract, but we got rid of Houlder, Burr and Poeschek instead, as I recall). Then after all was said and done, they backed out of the deal. It set us back at least a year or two. The Maloofs are trouble.
I agree. I remember when they were looking at the Lightning there were a few stories out down here about how this is a Maloof family hobby. They kick the tires on a franchise, but more often than not back down. Like joeminus said, they cost this franchise big time.

Besides, with the expected lockout next year and the next CBA up in the air, why would they be looking to buy now instead of waiting for the money situation to sort itself out over the next one-two years, when they presumably will get a better deal?

Be wary, Ducks fans, and hope that they don't exert influence on the current management.

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11-10-2003, 05:43 AM
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Quote:
Originally Posted by GoBolts
I agree. I remember when they were looking at the Lightning there were a few stories out down here about how this is a Maloof family hobby. They kick the tires on a franchise, but more often than not back down. Like joeminus said, they cost this franchise big time.

Besides, with the expected lockout next year and the next CBA up in the air, why would they be looking to buy now instead of waiting for the money situation to sort itself out over the next one-two years, when they presumably will get a better deal?

Be wary, Ducks fans, and hope that they don't exert influence on the current management.
Ducks price tag is apparently down to 75 million because of the CBA...if anything it might go up from 75 once everything is sorted out...but I wasnt expecting a sale anytime soon either...and then this story came out...

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11-10-2003, 09:29 AM
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Quote:
Originally Posted by GoBolts
I agree. I remember when they were looking at the Lightning there were a few stories out down here about how this is a Maloof family hobby. They kick the tires on a franchise, but more often than not back down. Like joeminus said, they cost this franchise big time.

Besides, with the expected lockout next year and the next CBA up in the air, why would they be looking to buy now instead of waiting for the money situation to sort itself out over the next one-two years, when they presumably will get a better deal?

Be wary, Ducks fans, and hope that they don't exert influence on the current management.
Yeah, but I see that the Sacremento Kings are doing pretty well. I know they set the Lightning back, but there's a pretty good chance they won't set the Ducks back any.

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11-10-2003, 11:15 AM
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Although I know the Maloofs have stated that at the current time they wouldn't have an interest in bringing the team north, I wouldn't be too surprised if in the future they did bring one team up here.

Last month plans for a new downtown arena fell through with the city. Arco Arena, although a decent site, is one of hte oldest domains in the NBA. Looking into an NHL team would surely give them more leverage in trying to get a new arena built closer to city limits, especially if they hint that they could move the team to Sac and in turn create much more revenue for the "boring" city.

Furthermore, although it'd suck for all you Duck fans in the Anahiem area, if the Ducks did by chance move up here, I'd stick around in Sac rather than get the f outta dodge once college is over. However, I'm not banking on anything since the Maloofs tried to get a lowly IHL team up here way back when, with the end result being nothing more than a little blurb on page 2 of the sports.

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11-10-2003, 11:26 AM
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Quote:
Originally Posted by Ensane
Although I know the Maloofs have stated that at the current time they wouldn't have an interest in bringing the team north, I wouldn't be too surprised if in the future they did bring one team up here.

Last month plans for a new downtown arena fell through with the city. Arco Arena, although a decent site, is one of hte oldest domains in the NBA. Looking into an NHL team would surely give them more leverage in trying to get a new arena built closer to city limits, especially if they hint that they could move the team to Sac and in turn create much more revenue for the "boring" city.

Furthermore, although it'd suck for all you Duck fans in the Anahiem area, if the Ducks did by chance move up here, I'd stick around in Sac rather than get the f outta dodge once college is over. However, I'm not banking on anything since the Maloofs tried to get a lowly IHL team up here way back when, with the end result being nothing more than a little blurb on page 2 of the sports.
the thing is, how many people will actually go to a Ducks game if they moved to Sacramento. i don't know much of that area, but i would thinkt he majority would be San Jose fans right since it's up north?? oh well.. they could probably make the franchise a better one imo. i mean they turned the Kings around and have sold out every single game... every dam game.. even when they play the lowly Nuggets and what not.. I'm a big fan of th Sacramento Kings and catch all their games via t.v. or whenever they come here to play the Clippers or Lakers. I honestly think they can probably turn the team around. heck with all the money they got, they can get Gretzky to un-retire.. LOL

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11-10-2003, 11:37 AM
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Well that's a little unfair, soya. I don't think any ownership/management team could do any better than BM/Disney have the past season and a half. It doesn't really get any better than that. Our problems right now are all in the heads of the players.

With new owners I'd be worried that the spree that Disney has embarked upon would dry up as they tried to keep the team solvent through the CBA upheaval.

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11-10-2003, 11:47 AM
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Quote:
Originally Posted by Chock Full Of Booger
Well that's a little unfair, soya. I don't think any ownership/management team could do any better than BM/Disney have the past season and a half. It doesn't really get any better than that. Our problems right now are all in the heads of the players.

With new owners I'd be worried that the spree that Disney has embarked upon would dry up as they tried to keep the team solvent through the CBA upheaval.
That's true too boogz, but i would like them to turn the team around like how they did with the Kings.. splurge a little on cash...
i hope that if they do buy it, that they keep them here..
also did anyone of you people here that Shania is supposed to perform at the Pond.. dam she's hot.. don't like her music, but dam she's hot...

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11-10-2003, 08:53 PM
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Well the problem with the San Jose v. Sacramento argument is that San Jose is nearly a 2 hour drive from here. At 120 miles away, it's nearly a fourth the distance from LA to Anaheim.

There sure would be a few years of growing pains for attendance (no more so than San Jose went through ten years prior), but I think with the Maloof's backing the team would become a solid draw. The Maloofs have the money, but more importantly they invest in getting character guys who have impacts on the community. Take Webber for instance, once he became a draw in the area, not only did the fans want to invest their time and money into the team, but free agents now started looking west for offers. Whereas in the past, the Kings couldn't find a single decent free agent.

Honestly, if we're talking Sacramento in general, a WHL team would be the best to start with. The problem is I think Sacramento is too far south for the WHL. When the IHL became extinct, I lost all hope in the area getting ANY team.

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11-11-2003, 06:43 AM
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Quote:
Originally Posted by Ensane
Well the problem with the San Jose v. Sacramento argument is that San Jose is nearly a 2 hour drive from here. At 120 miles away, it's nearly a fourth the distance from LA to Anaheim.

There sure would be a few years of growing pains for attendance (no more so than San Jose went through ten years prior), but I think with the Maloof's backing the team would become a solid draw. The Maloofs have the money, but more importantly they invest in getting character guys who have impacts on the community. Take Webber for instance, once he became a draw in the area, not only did the fans want to invest their time and money into the team, but free agents now started looking west for offers. Whereas in the past, the Kings couldn't find a single decent free agent.

Honestly, if we're talking Sacramento in general, a WHL team would be the best to start with. The problem is I think Sacramento is too far south for the WHL. When the IHL became extinct, I lost all hope in the area getting ANY team.
yea i agree with you.. it will be hard for Sacramento to start off with a Pro Hockey team already.. i love the Sacramento Kings, but i hate Webber, i want to trade him.. i got mad when they got rid of Turkoglu, but Miller seems to be a good match for the Kings, also Pollard left which made me mad.. hahah.. The White Samurai..

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