Provost Posted June 19, 2012 Share Posted June 19, 2012 One of several teams in financial problems... http://ca.sports.yah...01986--nhl.html Link to comment Share on other sites More sharing options...
Ghostsof1915 Posted June 19, 2012 Share Posted June 19, 2012 On draft day, the NHL would like to announce Gary Bettman has resigned as Commissioner and he's being replaced by Wayne Gretzky. Link to comment Share on other sites More sharing options...
Jägermeister Posted June 19, 2012 Share Posted June 19, 2012 And for the next few years we would be cursed to watch New Jersey v. Phoenix Stanley Cup Finals Link to comment Share on other sites More sharing options...
iinatcc Posted June 19, 2012 Share Posted June 19, 2012 I always thought the Devils was a sound a financially stable hockey club. Why is this happening? Link to comment Share on other sites More sharing options...
Bill Sikes Posted June 19, 2012 Share Posted June 19, 2012 I always thought the Devils was a sound a financially stable hockey club. Why is this happening? Link to comment Share on other sites More sharing options...
Provost Posted June 19, 2012 Author Share Posted June 19, 2012 Because Bettman has been lying through his teeth for years and the picture isn't nearly as Rosey as he would like people to believe. The increased revenue he's been crowing about are the result of 1) A dramatic rise in the Canadian dollar and 2) the astronomical revenues of about 8 teams of which Jersey isn't one. Link to comment Share on other sites More sharing options...
terrible.dee Posted June 19, 2012 Share Posted June 19, 2012 The Devils should never have existed in the first place, there was no need for a third team in that market. If they hadn't been one of the most sucessfull teams over the last 20 years, they would have dissapeared long ago. Thier uncanny sucess has kept the team on life support but the chickens are now coming home to roost and the leauge will be embarressed by having to move a cup winner for the first time. Best they could do is move the team to Hartford and call them the Tri-state Devils. Link to comment Share on other sites More sharing options...
terrible.dee Posted June 19, 2012 Share Posted June 19, 2012 Yep... the Canadian teams which bring in between 1/3 to 1/2 of all league revenue got a bump of 25-30% without a darn thing changing just because of the currency exchange. When the last CBA was signed the Canadian dollar was sitting at around 70 cents American. Now it is on par. There are rumblings that there are at least half a dozen teams available for sale right now... Bettman won't admit it. The Stanley Cup final was played by two teams that were reported to be for sale. Link to comment Share on other sites More sharing options...
The Kassassin Train Posted June 19, 2012 Share Posted June 19, 2012 The Kings are not for sale. They are owned by AEG who also own Staples. Also, the Kings are a profitable business. I live in LA and have a friend at AEG, that's the 411 from him. Link to comment Share on other sites More sharing options...
Provost Posted June 19, 2012 Author Share Posted June 19, 2012 The Kings are not for sale. They are owned by AEG who also own Staples. Also, the Kings are a profitable business. I live in LA and have a friend at AEG, that's the 411 from him. Link to comment Share on other sites More sharing options...
terrible.dee Posted June 19, 2012 Share Posted June 19, 2012 So you were able to get the 411 on him in 3 minutes? That's...interesting.. Link to comment Share on other sites More sharing options...
TOMapleLaughs Posted June 19, 2012 Share Posted June 19, 2012 Didn't they just rake in $30 mil these playoffs? TOML Link to comment Share on other sites More sharing options...
Langdon Algur Posted June 19, 2012 Share Posted June 19, 2012 The Kings are not for sale. They are owned by AEG who also own Staples. Also, the Kings are a profitable business. I live in LA and have a friend at AEG, that's the 411 from him. Link to comment Share on other sites More sharing options...
Provost Posted June 20, 2012 Author Share Posted June 20, 2012 Didn't they just rake in $30 mil these playoffs? TOML Link to comment Share on other sites More sharing options...
Bill Sikes Posted June 20, 2012 Share Posted June 20, 2012 The Kings are not for sale. They are owned by AEG who also own Staples. Also, the Kings are a profitable business. I live in LA and have a friend at AEG, that's the 411 from him. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.