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St. Louis Blues for sale (all threads merged here)

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Old
09-28-2005, 10:47 PM
  #26
mmarlo
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Quote:
Originally Posted by Irish Blues
Awaiting confirmation on this, the rumor has Dave Checketts buying the team.

I'm looking for info, if I can find more I'll post the appropriate links.
no link yet, but it was just reported on the ktrs broadcast of the game. (maybe that's where you heard the rumor, too.)

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Old
09-28-2005, 11:03 PM
  #27
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Apparently Checketts will buy both the Blues and Savvis Center. Checketts is the former president of MSG and recently led the drive to get MLS to expand to Salt Lake City.

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Old
09-28-2005, 11:04 PM
  #28
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IB..I watched KMOV (StL CBS) tonight, top story, their source....Hadley. SO we kinda went in cirlces with it, as Hadley announced it during the game on KTRS.

It was announced as a 'deal in principal.'

Hadley's Link


Last edited by DaBo: 09-28-2005 at 11:15 PM.
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Old
09-28-2005, 11:11 PM
  #29
Guy Legend
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I've never heard of Checketts. I'm anxiously waiting for more info...

Since he bought Savvis, nothing to worry about.


Last edited by Guy Legend: 09-28-2005 at 11:23 PM.
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Old
09-28-2005, 11:15 PM
  #30
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Quote:
Originally Posted by Guy Legend
I've never heard of Checketts. I'm anxiously waiting for more info...

Since he bought Savvis, nothing to worrry about.
Director of Jet Blue, former CEO and Pres. of MSG.

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Old
09-28-2005, 11:24 PM
  #31
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great news for you guys, but I was pushing for cuban...

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Old
09-28-2005, 11:26 PM
  #32
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Quote:
Originally Posted by CupDrought67
great news for you guys, but I was pushing for cuban...
I don't beleive Cuban was in the running, just wild rumors.

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Old
09-28-2005, 11:38 PM
  #33
Guy Legend
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Andy Strickland is saying Checketts too.

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Old
09-28-2005, 11:39 PM
  #34
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Please be true

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Old
09-28-2005, 11:42 PM
  #35
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Now we can start building our real team. Can we get rid of Tkachuk's contract because of the fat clause, or was that just a rumor.

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Old
09-28-2005, 11:50 PM
  #36
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Im listening to the KTRS stream... good stuff...

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Old
09-29-2005, 07:00 AM
  #37
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stltoday.com confirms it's Checketts on their website Thursday morning.

The big question - is he massively leveraged to do the deal or does he have lots of capital behind him?

If he did this on a shoestring it could be bad.

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Old
09-29-2005, 07:45 AM
  #38
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Larry Wigge said this Checketts guy might ask Pleau to try and get kovalchuk from atlanta.

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Old
09-29-2005, 07:47 AM
  #39
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yessssss i hope we get kolvachuk

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Old
09-29-2005, 08:02 AM
  #40
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Let's not get too excited here - first the deal has to be approved, then we have to see who in the current regime stays around. Unless there's a deal in place where Checketts assumes responsibility for expenses above a certain amount, I doubt we're going to see anything happen before the deal is approved by the BoG that gives this team a sudden infusion of cash, players with talent, and so on.

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Old
09-29-2005, 09:15 AM
  #41
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Quote:
Originally Posted by execwrite
stltoday.com confirms it's Checketts on their website Thursday morning.

The big question - is he massively leveraged to do the deal or does he have lots of capital behind him?

If he did this on a shoestring it could be bad.
A link for this story just in case anyone can't figure out how to get to stltoday.com

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Old
09-29-2005, 12:44 PM
  #42
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It's in your St louis post dispatch too. It is making news in canada now aswell.

http://www.tsn.ca/nhl/news_story.asp?id=138072

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Old
09-29-2005, 01:26 PM
  #43
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Quote:
Originally Posted by Plager05
Larry Wigge said this Checketts guy might ask Pleau to try and get kovalchuk from atlanta.

Where did you get this info.

Kovalchuk is possible going to be the best player in the league but just like lindros i hate this guy. He doesn't diserve to where the note. Any hold out can play in russia for all i care. Putting on the note means being blue collar worker, taking one for the team, giving up some ufa time or money to stay on the team, know fans will love you when you show heart not just scoring. This is not the city for him, send him to NY.

sorry struck a nerve can you say (T.O )

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Old
09-29-2005, 02:02 PM
  #44
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Please excuse the ignorance if I am wrong but, Dave Checketts was in charge of NYR and MSG during the 94-9? seasons...the beginning of the decline as NYR tried to buy a championship?

Is that correct?

from what I read, he was involved with the NY Knicks 91-94 which were apparently "record" numbers for those seasons...but are we just getting another basketball guy here?

He makes Business' profitable, but...I am not too excited at this point...very cautiously optomistic.

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Old
09-29-2005, 02:12 PM
  #45
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According to Andy Strickland,the sale of the club will be made at a press conference today.He recieved that information from the owner of the group the Blues hired,to help them sell the club.

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Old
09-29-2005, 03:34 PM
  #46
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Quote:
Originally Posted by jackmanfan
Now we can start building our real team. Can we get rid of Tkachuk's contract because of the fat clause, or was that just a rumor.
Or just keep him, he skated today withn the team and these new rules are made for a player like him. If he or any of the other guys play bad there is plenty of time for trades.

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Old
09-29-2005, 08:20 PM
  #47
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Letter Of Intent For Sale Of St. Louis Blues Is Signed

ST. LOUIS -- Bill and Nancy Laurie, owners of the St. Louis Blues and the Savvis Center operating lease, have entered into a letter of intent to negotiate exclusively for 30 days with Sports Capital Partners, LLC, for the possible sale of the team and the arena lease.

“While no sale agreement has been reached, we welcome Sports Capital Partners’ interest, and we look forward to working out the details of an agreement that we hope will benefit all involved, including the team and the city of St. Louis,” said Blues President Mark Sauer.

Sports Capital Partners, headed by Dave Checketts, is a sports, media and live entertainment company with interests in Major League Soccer, College Sports Television Network (CSTV), Running Subway Productions, and other properties. His partners include Mike McCarthy and Ken Munoz.

Game Plan LLC, a Boston firm that specializes in professional sports franchise transactions, is handling the sale on behalf of the Lauries.

Details of the ongoing negotiations will remain confidential.

www.stlouisblues.com


Last edited by Irish Blues: 09-29-2005 at 08:56 PM.
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Old
09-29-2005, 08:38 PM
  #48
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This sounds like it is going to happen.

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Old
09-29-2005, 09:03 PM
  #49
Irish Blues
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This just gives the two sides 30 days to work out a deal, during which the Laurie's can't entertain bids from anyone else. Thus any local group that might have been interested is going to have to wait until the 30-day period is up before they can submit an offer - and by that time a deal may be done.

This could still fall apart if Laurie doesn't get the offer he thinks he deserves - or if something else comes up that means they can't work a deal out entirely. However, I find it strange that the team would announce an deal to exclusively negotiate with one party. It just seems like it completely undercuts any leverage Laurie might be able to gain from having two interested parties.

Then again, his consultants said that having long-term contracts would be bad for selling the team and thus Pronger (the prime player on this team) was traded...so nothing surprises me right now.

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Old
09-29-2005, 09:34 PM
  #50
execwrite
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I don't think it's that unusual to announce a negotiating period first and then strike a final deal.

All signs point to this being a great thing for Blues fans. As Gordon points out on the stltoday.com website, the big unkown is whether or not Checketts is committed to St. Louis.

He was going to buy the LA Dodgers a few years ago before that fell through and he certainly had no plans to move them, so he isn't just looking for a franchise to move for a quick buck.

Checketts could be the perfect guy - now if he could only figure out how to fix Jackman's shoulder.

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