OK as a positive spin on the whole sell 40% to a local owner i had a thought. the powerball is up to $180 million. if you won it would you take buy some or all of the 40% being offered? i think it was listed around $54 million for 40%, so you would still have plenty to go around.
Return on investment. Who needs to have a say? There are very few people on a hockey message board I'd entrust any authority over hockey operations to, myself included. Set me up in a position to avoid my investment qualifying as a passive activity, a little scouting perhaps, and we might be able to negotiate.
In all honesty, the Preds aren't making money, so why invest? They are actually losing money per capita since 2000.
Anyone investing in the Predators would be foolish to invest for money. This is not a financial investment. This would have to be a purely personal investment. It's precisely why targeting corporations like Dell and Nissan is foolish. Even Leipold, who paid $80 million in 1996/7 and has a franchise value worth $150, made arguably an unsound business decision. That year-on-year growth is very mediocre when compared to what many other investors reaped over that same time frame.
This needs to be a wealthy Nashville business owner who is looking to have a little fun and maybe try to promote his business as well. Nothing more. Anyone who plans on investing in the Predators and making money is banking on the club making several trips to the Cup over the next few years. That'd be the only chance this franchise has of growing at a rate more impressive than the marketplace.