No extension will be given for Lebreton

[Fandlauer]

Not sure what to make of this. Brucie making it seem pretty ominous.

Click to read more...

 

[topshelf15]

I predict they wont need one and EM is gone team will be sold

 

[DrakeAndJosh]

So they either already have a deal or it’s over? Am I understanding that right?

 

[Fandlauer]

So they either already have a deal or it’s over? Am I understanding that right?

Looks that way.

 

[saskriders]

As someone who hasn't followed the Lebreton developments too closely can someone explain what the consequences are?

 

[swiftwin]

This deadline is more significant than yesterday's

 

[SensFactor]

Is this good news or bad news? Is Melynk going to sell and retire to Barbados?

 

[hockey20000]

no deaI attendance goes down and Ieads to meIynk and company attacking fan base then trys to move team is my prediction

 

[topshelf15]

So they either already have a deal or it’s over? Am I understanding that right?

Think about it...You have just shelled out 600+ mil for the team,and have to then spend more to start the huge development project...EM isnt as stupid as some seem to think he is ,he has to know he cant stay as owner of this team...My bet is he has sold ,and also finished off the dirty work for the new ownership..So they have a clean slate with the fanbase,but dont have to commit to 100,s of millions in resigning key UFA,s

 

[swiftwin]

no deaI attendance goes down and Ieads to meIynk and company attacking fan base then trys to move team is my prediction

Quickly followed by the NHL only letting him sell to Devcore, who submit the new bit to build Lebreton.

 

[Senscore]

Is this good news or bad news? Is Melynk going to sell and retire to Barbados?

It's just news for now. But it means one way or another we'll know what's going on March 1st.

 

[DaveMatthew]

Sounds like bad news

 

[hockey20000]

Quickly followed by the NHL only letting him sell to Devcore, who submit the new bit to build Lebreton.

hopefuIIy I don't trust Gary either though wouIdn't be surprised if meInyk tried to get it in Houston theres huge popuIation there just waiting for a team..

 

[Gil Gunderson]

Gonna be a long 48 hours.

 

[DaveMatthew]

hopefuIIy I don't trust Gary either though wouIdn't be surprised if meInyk tried to get it in Houston theres huge popuIation there just waiting for a team..

The NHL is not going to give up a potential $600M+ expansion fee by moving an existing franchise to a major American market. They also won't taint it with an owner that has as much baggage, and as little wealth, as Melnyk.

Let's call a spade a spade. If Melnyk tried to buy a team now, after what's happened in his business life over the last 15 years, he'd be rejected.

 

[Do Make Say Think]

I predict they wont need one and EM is gone team will be sold

Just stop

As far is this news is concerned, all it means is that there is a Federal Election this year. The government does not want this to be in the news any longer.

I am expecting Melnyk to say that Kanata is fine and we continue to toil in mediocrity. Could be bad news for the arena and the team but the City matters more, getting this right matters more than getting the Senators what they need. Ideally both happen but hey, that's life.

 

[PeterSidorkiewicz]

Well Pierre McGuire said he had some big news for Thursday right? I can't imagine he would say anything if it was bad news, but you never know I guess.

 

[OttawaSenators11]

Quickly followed by the NHL only letting him sell to Devcore, who submit the new bit to build Lebreton.

Sounds exciting!

 

[Ser Grogu]

Well Pierre McGuire said he had some big news for Thursday right? I can't imagine he would say anything if it was bad news, but you never know I guess.

When was this? Was it a 1200 appearance?

 

[PeterSidorkiewicz]

When was this? Was it a 1200 appearance?

I am assuming so, but I read it on these forums.

 

[swiftwin]

hopefuIIy I don't trust Gary either though wouIdn't be surprised if meInyk tried to get it in Houston theres huge popuIation there just waiting for a team..

...that's not how it works.

Bettman fought tooth an nail to keep the Coyotes in Phoenix when their owner went bankrupt. The NHL stepped in and ran the team from 2009 to 2013 until they could find a new owner that would keep the team in Phoenix. Ottawa already has an owner who want to buy the team and keep it in Ottawa, and also build the new arena.

Besides... If Melnyk can't afford an arena in Ottawa (or even Mark Stone's bonus), what makes you think he can afford to build one in Houston? Let alone the relocation fees?

There's a million other reasons why it's a complete non-starter.

There's no imaginable scenario where it's even remotely possible that the team is relocated to another city.

 

[Lenny the Lynx]

This team isn't really good with extensions lately

 

[The Lewler]

Not sure what to make of this. Brucie making it seem pretty ominous.

Wow Bruce, what insightful commentary.

Yes. The fact that no extension will be given is significant.

Of course, if an extension was granted, that would have been significant as well.

You know what's a more significant inference? That Melnyk was potentially visiting said Minister on the Hill. You know.. the explanation for him jumping into a Suburban when being caught by CBC?

 

[Gil Gunderson]

...that's not how it works.

Bettman fought tooth an nail to keep the Coyotes in Phoenix when their owner went bankrupt. The NHL stepped in and ran the team from 2009 to 2013 until they could find a new owner that would keep the team in Phoenix. Ottawa already has an owner who want to buy the team and keep it in Ottawa, and also build the new arena.

Besides... If Melnyk can't afford an arena in Ottawa (or even Mark Stone's bonus), what makes you think he can afford to build one in Houston? Let alone the relocation fees?

There's a million other reasons why it's a complete non-starter.

There's no imaginable scenario where it's even remotely possible that the team is relocated to another city.

I don't think there is much Bettman can do if Melnyk just picked up the team and left still owning the team. The NFL has had issues when teams threatened legal action if the league intervened.

If Melnyk wants to sell to an owner in another city, that's a different story.

 

[topshelf15]

Just stop

As far is this news is concerned, all it means is that there is a Federal Election this year. The government does not want this to be in the news any longer.

I am expecting Melnyk to say that Kanata is fine and we continue to toil in mediocrity. Could be bad news for the arena and the team but the City matters more, getting this right matters more than getting the Senators what they need. Ideally both happen but hey, that's life.

There is far far too much money at stake here,Lebreton will be built ....And we all know EM doenst have the funds....Its gonna happen

 

[IpsoPostFacto]

Wow Bruce, what insightful commentary.

Yes. The fact that no extension will be given is significant.

Of course, if an extension was granted, that would have been significant as well.

You what's a more significant inference? That Melnyk was potentially visiting said Minister on the Hill. You know.. the explanation for him jumping into a Suburban when being caught by CBC?

I know others have said it, but Bruce is just brutal. his between period "here's what the owner told me to say" commentaries are mind numbing. "say Bruce, is Stone staying?"... "Well, I would think that if he isn't the type of guy to want to stay around for the rebuild, that the team will be cornered into trading him for whatever they can get. I think the team wants guys who want to be here".

I realize it is just sports, but come on man, have a little bit of self respect.