Kukla's Korner Hockey
by Alanah McGinley on 10/21/07 at 05:14 AM ET
From Sheila Wissner at The Tennessean,
While Nashville officials and the would-be owners of the Nashville Predators struggle to reach new terms for an arena lease, one man stands to walk away from it all with more than $30 million.
Team owner Craig Leipold, who says he’s unloading the hockey team because it’s a money-loser, would gain a windfall of more than three times his initial investment, according to an analysis by The Tennessean. That’s even after covering $70 million in operating losses Leipold has claimed.
*Very good overview of the ownership structure and financial origins of the team.
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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.
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