Now is the best time to sell the team. The arena got approved which means the teams value has/will go up overnight.
If he sells now he doesn't have to put a dime into construction but still benefits from the added value of the team.
Didn't we already explain this to you in another thread?
How could you possibly know when is the "best time" sell his team? Are you suggesting he will make more profit now, than 10 years from now?
You seem to forget he enjoys owning the team, and is not going to sell it. And IF he's as "cheap" as some people suggest he is, why in the world would he sell the team today, when it will be worth so much more in a decade, after Phase one in completed, the Arena is completed, the team is generating more revenues than is is today, and will for the next four years (approximately) while it operates in Kanata.
Selling the team today, would be "selling low", selling the team after a few seasons in Lebreton will be selling "high".
Why didn't Daryl Allan Katz sell the Oilers the instant he confirmed the deal to build the new Arena in Edmonton?
According to your logic that would have been "the best time to sell the team" right??
I wonder if the Oilers are worth more now, than when they had a few seasons left to play in their old Arena?????
Construction started in March 2014 for their new Arena, so to compare that to when the Senators new Arena
might start being Constructed ......... let's conservatively say March 2020, or two years before Construction started in Edmonton .......So in 2012 The Oilers were worth (according to Forbes) $225 M, and shot up (overnight) to $400 M in 2013 .......... and when the Oilers began play, in their new Arena for the 2016-17 season the team was valued at $520 M in 2017.
These number would seem to suggest that if the Oilers were valued at $225 M two years before their New Arena started construction, and Last year were worth almost
$3 M more, then perhaps you have no clue as to how teams gain value when a new Arena is one the horizon.
Melnyk would be an idiot if he took your advice, and sold the team today, and lost out big time on the future value of the Senators, once they begin play in Lebrton Flats.