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
When we talk about the support for teams we do not only include the base community but the surrounding area.Afterall Brantford is larger than Kanata and they went to the finals.
I am sorry but I am a Brantford booster it is kind of a happenin'place.
Dave, 2007-06-08 13:30:39
I know you have bigger issues than this email to deal with, but even though on the surface it may seem impossible or improbable I'm asking myself this morning on the drive to work - Why not? This morning I learned from the news that Mr. Balsille, whom is about to purchase the Nashville Predators and is in public discussions with the City of Hamilton to move the franchise to Hamilton (or so it seems), has his lawyers talking to a government group about whether or not the existing NHL agreement (to keep other franchises out of a 50 mile radius of the region controlled by the Toronto Maple Leafs and Buffalo) can be overturned. In the past, it was always inconceivable for people to think another franchise would move into the region because Toronto and Buffalo would have to be indemnified by some ridiculous amount of money. The reality is that Mr. Balsille is not a millionaire, but a billionaire and has the money to challenge this fact.
My thinking therefore is(if distance from Toronto is not an issue), why have him locate the team in Hamilton when the City of Vaughan has a much larger corporate base to support the team and obviously covers a much larger population base within a 30 minute drive.
It's clear that the City's investment is absolutely minimal other than provide some land for an Arena. With the extension of the 427 it probably could even be placed far enough north where present plans are not in place to impact residential areas, therefore allowing the City to develop a plan around it?? I think this is a huge opportunity for a City like Vaughan to enter the big times. Don't you think.
So I wonder? Has anyone even entertained the thought of trying to talk to Mr. Balsille about the potential of our City because if his group is willing to go to Hamilton and deal with the Toronto/Buffalo issue - why not deal with the same issue and place the team in a much better location like Vaughan.
Maybe someone has already tested these waters with his group? Sorry to bother you guys with this but I wanted to get it off my chest ever since I've heard that the group has been making deals with the City of Hamilton and its Mayor:
"The Hamilton Spectator reported the deal was finalized at a Hamilton city council meeting, and would apply to the city’s Copps Coliseum. Balsillie has had several conversations with Hamilton Mayor Fred Eisenberger, according to The Spectator."
Just would love to hear your thoughts on this one. Thanks for your time and keep up the great work for Vaughan!!!
Response: "Thank you Mike for your email. I idea is certainly interesting and we will explore the opportunity and update you on our findings."
Mike Catalano, 2007-06-08 10:44:46
Brantford deserves an NHL team,we gave the world Gretzky and with out him there would be no hockey in the US.Time for a payback Bettman.
Dave, 2007-06-01 12:08:54
If Basillie is able to move the Preds to either Hamilton or K-W it would be fanstastic to have such a high caiber team to watch instead of the make me laffs.
Last night Basillie had a meeting with city councillors in Hamilton to get a lease agreement for Copps,the article was in the Hamilton paper this morning with 1 city councillor saying he seems really serious this time.
But of course if Hamilton or K-W gets an NHL team then Toronto will want 1 to LOL.
GO SENS GO!!!!
Jimmy, 2007-05-31 09:51:32
roger russell, 2007-05-25 08:31:59