Kukla's Korner Hockey
by Paul on 01/11/06 at 04:31 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.
Email Paul anytime at firstname.lastname@example.org