Kukla's Korner Hockey
by Paul on 01/11/06 at 03:31 PM ET
In the midst of professional hockey's 310-day lockout and labor negotiation, Walt Disney Co. sold the Mighty Ducks for $75 million last year, half the original asking price for the Anaheim, California, team. Today, Samueli's team is worth only slightly less than the $130 million-to-$150 million value on the one NHL franchise up for sale, the St. Louis Blues, says Randy Campbell, a Societe Generale managing director. NHL Commissioner Gary Bettman says he turned down a $250 million offer for an expansion team soon after the labor agreement was signed in July.read on...very interesting from the business side...
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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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