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Old Posted Jun 21, 2011, 1:53 AM
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Berklon Berklon is offline
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Join Date: Oct 2006
Location: Hamilton (The Brooklyn of Canada)
Posts: 3,052
Quote:
Originally Posted by SteelTown View Post
[B]The second is relocation. There a good possibility that Phoenix Coyotes or another struggling NHL team could be bought by Research In Motion CEO Jim Balsillie and relocate to Hamilton, in which case the billionaire would have to pay a territorial rights fee to the Toronto Maple Leafs. The timing and amount of that payment is making the sale of MLS&E more complicated because Ontario Teachers’ does not want to leave $70 million or so on the table.
That's hilarious. They want to stop a team from coming to Hamilton, but when trying to sell the team they want the territorial fees added to the price.

Here's an idea, work with the NHL on getting a team for Hamilton and then collect your fee... or just STFU and sell it at the current price. Can't have it both ways.
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