Help Mr. Balsillie; the NHL needs you!

admin — Fri, 12 Mar 2010 14:00:41 +0000

They’are baaacckkkk! The Coyotes are back in the news and it isn’t going to be good for Gary “Mr. Suck” Bettman. An outside party recently valued at ‘yotes at $50M…yes! That is $110M LESS then the NHL is asking. The main reason is Ice Edge Holdings Inc doesn’t have the money to purchase the team. Apparently, the US banks learned something from the drop in the housing market!

Phoenix is averaging less the 12K fans per game and that is at discounted ticket prices…I wonder how the Players Union feels about the ‘yotes bringing down the NHL salary cap? Mind you if the cap goes up…at least 3 more NHL teams will face bankruptcy.

Here is what is wrong with the Ice Edge deal:

- Bankers are balking at financing this venture after they learned financier Jeffrey Vinik paid only about $100-million in cash for the Tampa Bay Lightning. They are asking hard questions about why the Coyotes would be worth 60 per cent more.

- The Ice Edge principals will not discuss their finances in detail, but a banking source says they have only a relatively small amount to put into the proposed deal. As a result, bankers are not queuing up to lend money.

Thanks to David Shoalts at the Globe and Mail for a great article on the failuer of the Ice Edge bid.

Is anyone REALLY surprised this deal fell apart? Mr Balsillie did you see this coming? I am sure you did…

My next prediction, when Mr. Suck gets handed his walking papers it will be over two things… a bad deal with the Players Union last strike AND the ‘cotes. Mr. Sucks successor will try and distance himself by letting Balsillie put a team in Hamilton!

Ho Ho Mr. Suck you’ve got to go!

Make it seven, seven Canadian NHL teams.

admin — Thu, 07 May 2009 16:11:47 +0000

The website Make It Seven was started by Jim Balsillie to show the grass roots support for a new NHL team in Southern Ontario. This is a great idea because it allows the ‘pent up’ desire for another hockey team to be seen.

If you aren’t from Toronto or surrounding areas, you might know how difficult it is to get hockey tickets. My quest to get Toronto Maple Leafs season tickets began in 1999 and as of this post I am still on the waiting list. To make it worse, for the last two years I haven’t moved a single spot. Maybe by the time I am 80….

Single game tickets are nearly impossible but I usually get a couple of pairs each year. The order of priority getting single tickets are::

Season Ticket holders – this means that games like Pittsburgh and Washington are sold out before the game is available for ‘non-season ticket holders’.

Maple Leaf Insiders – they email a code to use on TicketBastard. This is how I get my tickets for my team, New Jersery Devils. About 5 minutes after the tickets go on sale all Leafs games for the year are sold out.

Regular Folks – no chance because all the tickets are sold out! The ‘funny’ part is that the Leafs still make a big deal about being able to buy tickets even know that all the games are sold out.

Mr. Suck, this shows adding another Southern Ontario team would be fantastic. Why do you hate Canada so? Don’t you realize that everyone wants this…. EXCEPT you!

Gary Bettman Sucks » Phoenix Coyotes

Help Mr. Balsillie; the NHL needs you!

Make it seven, seven Canadian NHL teams.