This is great news for Newfoundland hockey fans.
I'd like to remind all the nay-sayers, as well, that this isn't the same economy the Fog Devils were struggling with. This province has experienced considerable growth, has taken some positive steps towards marketing itself, and, as more of an observation, support for the game has become increasingly notable every year.
No doubt due to NHL'ers like Michael Ryder, Dan Cleary, Ryane Clowe, and now, Teddy Purcell, making some waves in recent post-seasons. Even if this is a "short-term fix," it gives the city of St. John's an opportunity to prove they can sustain a local franchise of some kind. I'll be doing my part as a ticket holder when I manage to return home, and I hope others do the same.
Finally, if the rumors of Mr. Williams backing the team are true, I'd feel much more confident about the project's sustainability.
As would anybody who followed the man's tenure as premier.