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
A team in the KW-Cambridge area, where RIM is located, would be ideal. It would draw from the 500,000 people locally, plus London and Hamilton. On top of all that, downtown Toronto is only an hour away, and there are many fans who can't get Leaf tickets who want to see NHL games.
Michael Fox, 2007-05-24 11:59:51
You mean like, in Ottawa :)
In the top level soccer league in England this year, 6 of the top 20 teams were from London (Aresenal, Charlton, Chelsea, Fulham, Tottenham and West Ham).
Had the NHL done this decades ago, Pal Hal wouldn't have stolen the childhood from millions of kids growing up.
Drop the puck, 2007-05-24 11:10:23
Brantford needs an arena,but with the amount of potential revenue etc. from a team I think the community could find the political and financial will power to build a state of the art facility,not an old and weather worn arena like Copps in Hamilton.
Dave, 2007-05-24 10:01:06
Jim Balsillie's father is from Winnipeg.
Gordon S., 2007-05-24 09:55:56