Quote:
Originally Posted by esquire
I'd have a hard time believing that none of Toronto's members of the nine or ten digit net worth club wouldn't be willing to put their money into a Toronto NHL team... the experience of the LA Clippers reveals that a secondary team in a hot market can still be worth a fortune.
Just because no one has publicly stepped up to declare their interest doesn't mean there wouldn't be any takers.
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I agree completely. This is a classic chicken-and-egg situation. There is (presently) no prospective owner because there is no prospective team. Present a team, and there will be a line forming for prospective owners.
The current call for expansion interest is bogus. It's effectively a
trap test to see if Vegas was serious and to see how desperate Quebec was. They floated out a ridiculously high expansion fee price as well as an equally ridiculously short bid preparation period to see if they could hook Vegas and Quebec and possibly anyone else with a ready-to-go building or plan. Both Quebec and Vegas took the bait, so now they've advanced to "Phase II", which is probably more about ensuring that the cheque will clear than anything else.
I would love to see another team in Quebec, but at $500M (US$!) to play, they're setting themselves up for a rough ride.