Craig Leipold, owner of the NHL’s Nashville Predators confirmed Thursday that he has signed a letter of intent to sell the franchise to Canadian billionaire Jim Balsillie for $220 million after losing $70 million in 10 years of ownership. "I'm tired of losing money," Leipold said. "I found someone willing to step up and invest in this team and make it happen. I have come to the conclusion that I cannot make it work here. We are one of the elite teams, and we are by far the lowest-revenue team in the league," he said.
Hockey is a lost cause in Nashville. Unless Paul Kariya gets caught receiving oral from Carrie Underwood in the arena parking lot, the team will always be back page fodder. The next step in this process is for Balsillie to go Robert Irsay and rent a fleet of Mayflower moving trucks—destination Canada.
Tuesday, May 29, 2007
Predators now the hunted
Posted by Alllegionoflegit at 5/29/2007
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