Kukla's Korner Hockey
by Paul on 08/07/07 at 07:21 AM ET
from Allan Maki of the Globe and Mail,
Now comes Daryl Katz’s latest pitch to buy the Edmonton Oilers: a $170-million (all currency U.S.) offer that includes his promise to spend to the salary-cap limit every season while helping lead the charge for a new downtown arena in the city where he lives and does business.
Will the third time be the charm? Will the Edmonton Investors Group, which will meet today to vote on Katz’s bid, take his money and run happily to the bank?
Don’t count on it. Not yet, that is….
If it’s true that everyone and everything has its price, then bet that the Oilers owners vote no today and that Katz regroups for yet another pitch.
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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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