Canucks and Beyond
by Alanah McGinley on 06/07/08 at 03:50 PM ET
As everyone knows by now, Nashville Predators’ minority owner William ‘‘Boots’’ Del Biaggio filed for bankruptcy this past week.
No doubt a frustrating time for Predators fans who are probably at their limit when it comes to the roller-coaster ride of supporting their team. And plenty frustrating for the rest of us who just know—beyond any shadow of a doubt—that when you owe $57 million to a bunch of banks etc., you’re going to be getting off a lot easier than if you were simply $200 overdue to the electric company. (After all, the electric company just cuts off your power; but creditors missing $57 million? That’s gotta hurt a bit. I figure that it won’t take long before they’re inviting you over for drinks while begging on hands and knees for you to throw a few crumbs back at ‘em…)
Anyway, despite the seemingly-endless controversy of this mess, my own hope is that we shall never have to read, type, hear or think about “Boots” ever again. And David Freeman, chairman of the Predators’ ownership group, obviously feels the same way:
“Here’s the bottom line for the citizens of Nashville and fans of the Predators. Regardless of how many lawsuits are filed against Mr. Del Biaggio, regardless of the amounts of the claims, regardless of the details of the allegations, Mr. Del Biaggio’s problems are personal.
“Mr. Del Biaggio is a minority owner. His minority ownership stake and its final disposition will not impact operation of the club. It is my hope and anticipation that the club will be even stronger once this saga reaches its logical conclusion and Mr. Del Biaggio is no longer associated with the club.”
And that, Boots, is what’s known in business circles as “getting thrown under the bus.”
I suspect “Don’t let the door hit you in the ass on your way out” would almost be redundant here.
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Alanah McGinley has been blogging hockey since 2003 (with a notable gap in time through 2010, kicking it with new baby Lucy while living knee-deep in chaos while reading "parenting for complete idiots" during every spare minute) sharing opinions, rants and not-so-deep thoughts with anyone who will listen.
In addition to writing Canucks & Beyond and helping manage Kukla's Korner, Alanah was one of the founders and co-hosts of The Crazy Canucks Podcast. She has contributed pieces to FoxSports.com and the New York Times Slapshot blog, as well as other stray destinations in cyberspace.
So that's me. Who the hell are you?
Alanah's Twitter: [@alanah1]