JD1
Registered User
- Sep 12, 2005
- 15,991
- 9,555
Agreed. The problem with trying to sell it, it's a fixer upper! Your buying a franchise that has not been run properly or taken care of extended period of time that will now cost a lot of money just to get it in scale with other teams.
Under new management will go very far but the amount of money needed invested in this franchise outside of the Lebreton is probably a lot higher then we can imagine. I won't even get into the list of things that need to fixed but this is no turn-key purchase.
Realistic the $400 million offer is more then fair considering the way EM has run it into the ground.
This franchise is going through a rebuild (aka budget slashing) on the ice but needs a complete overhual off the ice as well.
you don't get it do you? the need to invest? the reality that this team has "under invested" in hockey ops top to bottom helps the sale price....any incoming ownership group isn't obliged to spend millions buying their way out of contracts so they can bring in their own people