A local group trying to keep the Predators in Nashville is on the verge of signing a letter of intent.
Owner Craig Leipold has been working with a group of local investors to finalize a bid for the team since flying to New York on July 18 for a meeting with NHL officials.
Leipold has been trying to sell his franchise because he said he has lost $70 million since being awarded the team in June 1997.
This might mean that the team is not moving anywhere for now. Is this good news for the NHL?
Preds staying, for now
Oh I forgot, he makes it somewhere else so he can pay it for you to watch hockey. Those nice billionaires. My Car needs fixing too, wonder if one will pay for that too.
wayne, 2007-08-22 09:01:39
Yes Jimmy one sports writer is right and all others are wrong. Its because he lives in Buffalo that makes him right.
Yes Jimmy every Canadian team sells out every night. Thats why the average attendance numbers put out by the league Lie and say otherwise. Jimmy knows better because he counts them himself.
Yes Jimmy he lost $70M and is selling. Because he never wanted to lose $70M. He wanted to make $70M which wouldn't come out of his pocket. Did you read my previous post on getting loans. Probably not. You just want to spout off with your immense knowledge of your dream world.
Jimmy If I listened to you I would end up losing my Business, not be able to go to sporting events throughout North America in box seats generally. But you know better than me. Have you got yoyr new nap sack. School starts soon.
wayne, 2007-08-22 08:14:14
For you not to even that shows that I am right, you are totally clueless LOL.
wayne are you blonde ? LMFAO
Jimmy, 2007-08-21 19:31:58
wayne is cluess and just types in here to see his name LMAO. He cant back up anything he says, just because it comes from him its a fact LOL.
Trying to get through to wayne is like trying to reason with a child LMAO. It cant be done, you are just wasting your time LOL.
Jimmmy, 2007-08-21 19:19:12
Every Canadian team sells out every game. How many American teams sell out every game ? A handful thats it. Revenue sharing comes from the ticket sales only, but you cant understand that so Im not surprised.
You are lost yet again there brainiac LMAO.
Jimmy, 2007-08-21 19:14:02
How can that be when according to you he doesnt bank roll the team ? LMFAO.
Just one more time you are wrong wayne, arent you getting tired of being corrected all the time ? LMAO
Jimmy, 2007-08-21 19:09:43
Funny I havent ever heard any sports writer other than Jim Kelly comment on it LOL. Maybe its the voices in your head wayne LMFAO.
Jimmy, 2007-08-21 19:05:36
And get all the financial info on every team. You can find out where to buy stocks on your favourite team too, most are publicly traded.
The owner just has the controlling interest (most shares)
It tells you the billionair owner. The major corporate sponsors (the other guys who put in big bucks) and lots of other money info like how much they made or lost.
Internet, its a wonderful tool. Works better than your
memory Jimmy and your dilusions.
wayne, 2007-08-21 16:43:25
When you buy a team you pay a big price. You either fund it all your self or based on your wealth you get a really low interest loan use that to buy. (its called using other peoples money to make you money and its how rich people make money, not how the regular joe makes money).
The company then operates using its own funds with the owner trying to put zero in.
If there is profit, they owner can take money out. If there is loss they usually get another loan to cover the losses.
So the current owner of the preds paid (i can't remember so we will use $100m)
He lost $70 million over the life. He got loans for that.
He is now selling it for $170M. So he gets back his $100m and pays off the $70 loan to cover the losses. He just watch hockey for all those years for free.
Do you get it? Thats how billionaires work.
wayne, 2007-08-21 13:40:43
Jim Kelly did drive his car, they don't use that. He's one sports writer. Every other sports writer says they are within 50 miles. Please people type a search on the internet and see how many psorts writer column's come up stating that fact. PLEASE.
Yes Balsaillie withdrew his offer, when he found out he couldn't move the team. Then lemieux threatened to sue him.
I know they don't use a piece of string, I didn't think jimmy would understand
what a compass was or even own a compass to try it. Pin on string does the same thing.
They do use a compass on a map and if you draw a 50 mile circle on a map from the Buffalo arena it passes copps colesium which is 46 miles door to door straight line. (which is how they measure distance on maps since the creation of maps)
But please tell me how they measure them.
please tell me all the accuracies please. You have two, and one is definitely right
wayne, 2007-08-21 12:34:06