That's a damn good question...do other NHL teams own AHL teams? Hard info on who does, but it actually looks like half the AHL teams are owned by someone in their NHL ownership group? It wouldn't surprise me in the future if all NHL teams owned their AHL team in some capacity, but it also makes sense not to require it because some teams struggle as is with turning a profit. Plus some AHL teams (Hershey, Chicago) are fiercely independent. So I retract my contract question lol They just have to operate as separate entities until all NHL teams own AHL teams?