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Balsillie Would Decline Revenue Sharing

from the Hamilton Spectator,

Jim Balsillie’s bid to bring an NHL hockey team to Hamilton includes a promise not to accept any money from the league’s revenue-sharing program, The Spectator has learned.
“We’d waive any revenue-sharing entitlement that we would have under the current collective bargaining agreement,” Balsillie’s lawyer Richard Rodier confirmed to The Spectator yesterday.
Rodier would not say why Balsillie made that pledge to the NHL, through Commissioner Gary Bettman, but it was likely intended as a show of good faith about the Hamilton market.

continued

Filed in: NHL Talk, | KK Hockey | Permalink
 

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About Kukla's Korner Hockey

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.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

 

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