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Seattle's NHL expansion bid getting closer to reality
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Wedge Offline
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RE: Seattle's NHL expansion bid getting closer to reality
(12-04-2018 03:03 PM)dbackjon Wrote:  And Arizona moves to the Central Division, which sucks.

The Coyotes' owners are the biggest winners in this.

Not only do they get 1/31st of the expansion fee, which puts over $20 million into their account, but $650 million is now the floor for the price when they sell the team to some guy with way too much money in Houston or wherever. Even after paying off the massive amount of debt the Coyotes are carrying, the profit from that sale will be more than $100 million. Cha-ching.
12-04-2018 04:15 PM
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RE: Seattle's NHL expansion bid getting closer to reality - Wedge - 12-04-2018 04:15 PM



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