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American NHL teams on thin economic ice

Big surprise.....


http://www.thestar.com/Sports/article/546765


Heh,  what a great quote......



"This is Gary Bettman's wacky national footprint strategy, which put teams
in places where people don't know hockey," said one U.S. financier who
specializes in sport teams.

The Florida Panthers have laid off staff, the Tampa Bay Lightning are said
to be a financial basket case, the Phoenix Coyotes are believed to be
hanging on by a thread.

"I don't see how you can build long-term support for an ice hockey team when
you are located in markets where your fan base can't play hockey," said one
broker who arranges the sale of sports franchises. "I would say all of the
southern teams are somewhat at risk.

"God forbid you should own a team in the south and your team not be
competitive. Why would someone go to the games?"

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