Kukla's Korner Hockey
by Paul on 06/01/07 at 10:11 AM ET
from Rick Westhead of the Toronto Star,
Balsillie could still try to move the team, of course, but would likely face a thicket of legal woes – the last thing any CEO would want, let alone one whose company is entangled in controversy over the alleged backdating of stock options.
Yet even if Balsillie was able to navigate the Predators out of Nashville, there are indications any move could be complicated. While the NHL board of governors would ultimately decide whether Balsillie could move a team to southwestern Ontario, one investment banker who specializes in sports transactions said the RIM executive is similarly interested in burgeoning Las Vegas.
That city is in the midst of trying to coax architects and builders to make proposals for a new downtown arena suitable for hockey and basketball. They were due back to a sports marketing firm representing Las Vegas yesterday.
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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