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ultimatetitman
Rookie
Canada
244 Posts |
 Posted - 12/15/2006 : 16:16:35
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From TSN - "Canadian billionaire Jim Balsillie has pulled his bid to purchase the Pittsburgh Penguins.
Sources tell TSN at the last moment the NHL provided a list of terms that Balsillie didn't want to agree to. Among those terms was a promise that the franchise would remain in Pittsburgh regardless of circumstances. Also, if problems arose, the NHL would take over control of the franchise.
The sale is not entirely dead yet, as Balsillie and the NHL may still find a way around the terms or eliminate them altogether, but right now everybody involved is in limbo and Balsillie, NHL commissioner Gary Bettman and the league are not talking."
Good lord, what will Gary Bettman screw up next?
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Guest4785
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Posted - 12/16/2006 : 15:33:23
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Because of this, Bettman is gone at year's end.
Woot, Woot |
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spearbelly
Top Prospect
Canada
98 Posts |
Posted - 12/16/2006 : 20:02:43
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[
Methinks Silliebals has pulled out to readjust. |
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framer87
PickupHockey Pro
Canada
338 Posts |
Posted - 12/17/2006 : 08:48:29
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wow make the penguins move to Winnipeg
Go pens |
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admin
Forum Admin
Canada
2338 Posts |
Posted - 12/18/2006 : 14:18:21
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| I think this has something to do with the league not approving a move. He wanted to move the team to Ontario. I think the Leafs had a major problem with this - as did Phiily (cross state rivalry). Check out the Newest featured poll. Mark Cuban could be next in line to buy the Pens. |
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ultimatetitman
Rookie
Canada
244 Posts |
Posted - 12/19/2006 : 13:56:26
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quote:
Originally posted by admin
I think this has something to do with the league not approving a move. He wanted to move the team to Ontario. I think the Leafs had a major problem with this - as did Phiily (cross state rivalry). Check out the Newest featured poll. Mark Cuban could be next in line to buy the Pens.
It wasn't that he wanted to move the team to Ontario, it was that he wanted a new arena, and wanted Pittsburg to pay for it. He only threatened to move the team if a new arena wasn't built. The NHL wanted him to commit to staying in Pittsburg whether a new arena was built or not!
He has not said he wanted to move the team to Ontario, BUT has secured some rights to Copps Colliseum in Hamilton for "unspecified" reasons. Rumour has it that Kansas City had tabled a very tempting offer to move the team there. |
Edited by - ultimatetitman on 12/19/2006 14:23:08 |
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framer87
PickupHockey Pro
Canada
338 Posts |
Posted - 12/22/2006 : 15:49:28
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Apparently he is back in consideration.
Go pens |
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Guest8336
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Posted - 12/22/2006 : 16:13:50
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What do you think the chances are of Winnipeg getting them? Me thinks not good.
I would love to seee them in Winnipeg (if they do end up moving) but I'm wondering for the long term feasibility of keeping them there with the salary cap increasing all the time.
I know that they would be OK financially for a few years, but what would happen 10 years down the road? It was pretty hard on the city when the Jets left, I don't want to see that happen again.
I'd be up for watching that one unfold over the next few years though.......:)
GoJetsGo |
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Mikhailova
PickupHockey All-Star
USA
2918 Posts |
Posted - 12/23/2006 : 17:35:17
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The Penguins better not move out of Pittsburgh. Nothing sounds as good as the Pittsburgh Penguins. "The Winnipeg Penguins"??  That doesn't cut it. |
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ultimatetitman
Rookie
Canada
244 Posts |
Posted - 12/29/2006 : 13:43:09
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quote:
Originally posted by Mikhailova
The Penguins better not move out of Pittsburgh. Nothing sounds as good as the Pittsburgh Penguins. "The Winnipeg Penguins"?? That doesn't cut it.
Well, it sounds about as logical as the New Jersey Rockies, the Colorado Nordiques, or the Pheonix Jets... Thankfully the NHL doesn't behave the same way the NBA does when it comes to moves. |
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Mikhailova
PickupHockey All-Star
USA
2918 Posts |
Posted - 12/29/2006 : 13:59:32
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| I never said the NBA was great with moves. The NHL's better in all aspects. I know Pittsburgh Penguins doesn't make much sense but it sounds good....better than Winnipeg anyway. |
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Balsillie pulls out of Penguins purchase 
