NWHL's Beauts & Whitecaps Sold

[JMCx4]

From: The National Women's Hockey League > News

NWHL ANNOUNCES SALE OF BUFFALO BEAUTS AND MINNESOTA WHITECAPS
June 28, 2021
by Paul Krotz

All NWHL Teams Now in the Hands of Independent Owners

The National Women’s Hockey League (NWHL) today announced that the Buffalo Beauts and Minnesota Whitecaps have been sold by W Hockey Partners (WHP). The new owner is NLTT Ventures, LLC, an entity that combines NL Sports, led by Andy Scurto, and Top Tier Sports, led by Neil Leibman.

“Since the adoption of the league’s new governance model in October, it has been our goal to attract new owners who are well-capitalized and fully committed to club operations and our vision for this league’s future,” said NWHL Commissioner Tyler Tumminia. “With these two sales, all six teams are now in independent hands and that provides a strong foundation on which to expand opportunities for professional women’s hockey players in North America.”

As the NWHL transitions from a single entity to a joint venture ownership model, ownership groups are permitted to hold more than one club for a limited period of time. Over time, those owners are required to divest clubs until no ownership group owns more than one team. ...

In May the league announced the sales of two other WHP franchises: the Metropolitan Riveters to John Boynton and BTM Partners and the Connecticut Whale to Tobin Kelly and Shared Hockey Enterprises. ...

Read more at: NWHL ANNOUNCES SALE OF BUFFALO BEAUTS AND MINNESOTA WHITECAPS

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[Atlantian]

From: The National Women's Hockey League > News

This is great for the league, and I look forward to seeing how they progress from here. I think they should go with the ECHL's view on ownerships owning more than one franchise where they are just not permitted to trade players (and picks in the NWHLs case) amongst their own teams

 

[CrazyEddie20]

Congrats to the league on finding a new set of suckers to whom they can pass the losses!

 

[JMCx4]

Congrats to the league on finding a new set of suckers to whom they can pass the losses!

So you really CAN be supportive of this League when you put your mind to it.

 

[CrazyEddie20]

I'm supportive of the players. I'm not supportive of bad business people/bad business ideas that hurt employees and hurt the image of the game, which is what the NWHL's clown show commissioner and poor business model have done.