Quote:
Originally Posted by Mister F
I do think it's unreasonable because you're not supporting your point with any evidence.
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You want proof of success? The expansion fee for an NHL team is currently $650 million. Precedent based on the successful entrance of the Vegas Golden Knights and now the Seattle ownership group. The least valuable Canadian teams are currently the Jets at ~$415 million and the Senators at $435 million. It's typically not good business to invest in something immediately worth 50% less than what you paid for. Quebec City and Saskatoon aren't exactly massive corporate cities with a few billionaires lining up to own a team regardless of profitability. They would likely be large diversified ownership groups or corporately run, and both would likely be asking for an expansion fee at least half of what the NHL currently commands based on their successful expansion into new markets.
Gary Bettman's job is to make the current owners richer. I fail to see how a league with a few more Canadian teams valued at less than $400 million accomplishes that. We can talk about what someone personally feels is right for the league regarding legacy or whatnot, but the simple fact is that Bettman's expansion has created the most valuable league to date.
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