JUGGERNAUT Posted March 6, 2005 Share Posted March 6, 2005 The offer is on the table. An investment group led by Bain Capital Partners and sports advisory firm Game Plan International made a bid to buy the NHL for $3.5 billion. The league had an estimated value of $4.9 billion prior to the cancellation of the season. Some say the value is between 1/2 & 1/3 lower than that now. NHL, Inc. would essentially end all issues of revenue sharing & salary caps. The value of NHL teams range from the Redwings (266M), to the Oilers (86M). With the gap being much smaller than say MLB it's certainly reasonable to suggest. Apparently Bettman had this option available all along as he has helped put together the initial meetings. Having read this it's hard not to view professional sports as a business first. Are there mergers & acquisitions of whole purchases of other leagues that far off? It's creative thinking but I prefer the franchises to the wall-mart approach. Quote Link to comment Share on other sites More sharing options...
BridgeportHeather Posted March 6, 2005 Share Posted March 6, 2005 This would be very difficult to make happen. You'd have to get all 30 owners to "ok" this before anything would happen, and chances of that happening are slim to none. Quote Link to comment Share on other sites More sharing options...
kapkomet Posted March 7, 2005 Share Posted March 7, 2005 The chances are none, and none just walked out of the room. Quote Link to comment Share on other sites More sharing options...
IlliniKrush Posted March 7, 2005 Share Posted March 7, 2005 http://www.soxtalk.com/forums/index.php?showtopic=30460 Quote Link to comment Share on other sites More sharing options...
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