Canucks and Beyond

Kick Off Your Boots

06/07/2008 at 3:50pm EDT

imageAs everyone knows by now, Nashville Predators’ minority owner William ‘‘Boots’’ Del Biaggio filed for bankruptcy this past week.

No doubt a frustrating time for Predators fans who are probably at their limit when it comes to the roller-coaster ride of supporting their team. And plenty frustrating for the rest of us who just know—beyond any shadow of a doubt—that when you owe $57 million to a bunch of banks etc., you’re going to be getting off a lot easier than if you were simply $200 overdue to the electric company. (After all, the electric company just cuts off your power; but creditors missing $57 million? That’s gotta hurt a bit. I figure that it won’t take long before they’re inviting you over for drinks while begging on hands and knees for you to throw a few crumbs back at ‘em…)

Anyway, despite the seemingly-endless controversy of this mess, my own hope is that we shall never have to read, type, hear or think about “Boots” ever again. And David Freeman, chairman of the Predators’ ownership group, obviously feels the same way:

“Here’s the bottom line for the citizens of Nashville and fans of the Predators. Regardless of how many lawsuits are filed against Mr. Del Biaggio, regardless of the amounts of the claims, regardless of the details of the allegations, Mr. Del Biaggio’s problems are personal.

“Mr. Del Biaggio is a minority owner. His minority ownership stake and its final disposition will not impact operation of the club. It is my hope and anticipation that the club will be even stronger once this saga reaches its logical conclusion and Mr. Del Biaggio is no longer associated with the club.”

And that, Boots, is what’s known in business circles as “getting thrown under the bus.”

I suspect “Don’t let the door hit you in the ass on your way out” would almost be redundant here.

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