Kukla's Korner

Kukla's Korner Hockey

Making Money in Nashville

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.

continued…

*Very good overview of the ownership structure and financial origins of the team.

Filed in: NHL Teams, Nashville Predators, NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: craig+leipold, nashville+predators

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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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