The Bankruptcy Judge involved in the proceedings between Jim Balsillie and the NHL has rejected the proposed sale and relocation of the Phoenix Coyotes to Hamilton. Toronto can now breath a sigh of relief.......If Hamilton got an NHL Team, the fans in Toronto would want one too.
I think Balsillie's best strategy would be to simply wait out the NHL. Economic conditions are sure to worsen, and more and more teams will become insolvent. Bettman will come crawling to Balsillie in about a year's time. Oh sure, Bettman will try and save face by telling everyone Balsillie will have to pay a relocation fee....probably about $100 million. As it now stands Balsillie would probably be willing to pay a $100 million relocation fee to the league and $50 million each to Toronto and Buffalo. By waiting out Bettman he can save $100 million............In the meantime we'll have to put up with the mistake in Toronto.
Pool Temp: 20c (68f)
Imagine there were no hypothetical situations.
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