danielpalfredsson
youtube dot com /watch?v=CdqMZ_s7Y6k
- Aug 14, 2013
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- 9,269
Melnyk won’t sell unless he absolutely has to. The Senators are his prized position, he feels it gives him a certain status. Why do you think he always runs to Toronto radio.
Not only that....he can always have the option in his back pocket to sell the Senators in the future and get his 500-700 million or whatever it'll sell at. The franchise isn't going to tank in value, it's actually more likely to go up. But once he sells, the option to buy one is gone forever.
So long as he can maintain whatever house of cards he has going on with the (alleged) borrowing against the team, there's no real reason to sell. Selling for lack of a better term is his get out of jail free card. The sale will get him back what he originally paid, cover the amount of money he's taken out of the franchise, and then give him a healthy profit.
He'll only sell if he has to or is forced to. Once he sells, all the status and notoriety that goes with owning an NHL franchise is gone. He can always sell his NHL franchise and get that big windfall that'll come with selling, he will never be able to buy one or any comparable major sports franchise again.