NHL Owners: Will You Please Stand Up?
I figured that as time passed, more sense would be kicked into the NHL regarding their sticky bidding war of the Phoenix Coyotes.
However, I was sadly mistaken.
Letโs get one thing out of the way: I am not a Jim Balsillie fan.
The Blackberry tycoon has proven repeatedly that he will stop at nothing to bring an NHL team to his beloved Hamilton.
You bet, he chose to step on the toes of the man he needed to win over, league commissioner Gary Bettman.
He was so desperate for a team that he was willing to steal one from the vibrant hockey community of Pittsburgh.ย
Heโs proven that heโll stop at nothing on his quest, and neither will the NHL, blocking any chance heโll get.
Regardless of my opinions on Balsillie, the league must swallow their pride and fall to the best offer.
Itโs all because they are refusing to admit that their hockey experiment in the South has failed.
See, back in the early 90s, Bettman dreamed of a huge American TV contract and, in the process, put threw teams in locales that had no prior experience with the sport.
Fast forward to the present, the NHL, unable to admit failure, wants to buy the money-losing venture that is the Coyotes with the intention of selling it back to a third party.
The league claims they have four interested parties. But since none of them have been publicized, itโs hard to argue that the leagueโs statement is valid.
When Jerry Reinsdorf, a man that knows the dog-eat-dog world of the sports business, owning two professional teams himself, is fed up with the process, you know you have a problem.
He was the leagueโs only genuine hope to keep the team in America; as Balsillie wants to ship them to Hamilton a year from now, and Ice Edgeโs idea wants the Coyotes to also have a home rink in Saskatoon.
While itโs no surprise that no entrepreneurs want to keep the Coyotes in the desert, it is a wonder why the leagueโs owners havenโt cried foul against Bettmanโat least in public.
The Coyotes havenโt made a dime since transferring to Arizona in 1996 and are already being propped up by the league. Now if you add the team to the NHLโs budget, the league will try for themselves to sustain a failed business, even for a limited time.
Some of that money will likely come straight from the ownersโ pockets, and they shouldnโt be pleased about that. Itโs like theyโre putting their cash into a sink hole with no chance of success.
But it goes back to my earlier question: why havenโt the owners said anything?
hey voted unanimously to deny Balsillie as an owner. Understandable because heโs made enemies in the leagueโs circle, but he can make this team financially viable.
If the owners want to stop losing cash as part of the leagueโs revenue sharing program, then accepting the highest bid, Balsillieโs, is a step in the right direction. Iโm guessing that Bettman has them on a leash because thereโs no other reason why the owners havenโt spoken up.
The time has maybe never been better for the owners to unite against Bettman. The commissioner is living in a fantasy world where hockey is more than a niche sport in the States, but thatโs far from reality.
Bettman wants his faulty vision to be paid by the ownersโ wallets, but instead the owners should turn the tables and give the boot to the leagueโs boss. ย ย ย ย ย ย ย ย


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