Archive for October 13th, 2007

Preds off-ice saga continues: Balsillie strikes back

Saturday, October 13th, 2007
  • To Jim Balsillie: Thanks, but no thanks (not that you asked me). I don’t believe your sudden faith in Nashville as a hockey market, and I still think you’ll look for the first opportunity you can to shift the Preds to Ontario.
  • How much is Balsillie offering (while not offering during an exclusive negotiating period, of course) for the team now? If it’s close to the David Freeman group’s offer of $193 million, that frees up more than $40 million of Balsillie’s original offer to pay the way out of town in the future. That’s all or at least a large chunk of the $25 to $75 million Balsillie is promising as an exit fee paid to the city for the Preds’ departure.
  • Is this offer remotely serious, or is Balsillie reappearing at the perfect time to add pressure to the “still-making progress” negotiations between the city and the Freeman Group? This is sheer speculation, but would Balsillie’s leverage to keep the Preds in town give him a leg up with NHL commissioner Gary Bettman for an expansion franchise down the road?
  • What does Bo Roberts, fresh from the Howard Gentry and Dean campaign camps, know that the rest of us don’t? I respect Bo, but I am seriously questioning why he has aligned with an offer and a potential owner that are at the least very suspicious.