Let Boots own and operate the team; from prison...............
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| Baum rejects both bids for Phoenix http://www.sabresjunkie.com/forum/viewtopic.php?f=7&t=330 |
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| Author: | Squanto [ Wed Sep 30, 2009 6:15 pm ] |
| Post subject: | Baum rejects both bids for Phoenix |
http://www.tsn.ca/nhl/story/?id=293208 |
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| Author: | Displaced Fan [ Wed Sep 30, 2009 6:20 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Squanto wrote: http://www.tsn.ca/nhl/story/?id=293208 So what does this mean? I haven't been keeping tabs on the going ons. |
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| Author: | mechaphil [ Wed Sep 30, 2009 6:20 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
I...did not see that coming. HAHA both blowhards got fucked, even though I was rooting for a particular blowhard. |
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| Author: | ironyisadeadscene [ Wed Sep 30, 2009 6:22 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
FOLD THE FUCKING TEAM! OPEN UP EXPANSION BIDS. |
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| Author: | Squanto [ Wed Sep 30, 2009 6:24 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Displaced Fan wrote: So what does this mean? I haven't been keeping tabs on the going ons. I'm trying to read the ruling now, see what I can determine. |
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| Author: | Howie Hodge [ Wed Sep 30, 2009 6:26 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Let Boots own and operate the team; from prison...............
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| Author: | Squanto [ Wed Sep 30, 2009 6:50 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Cliff notes: DISCLAIMER : This is based on a quick perusal only. - The court cannot 'adequately protect' the NHL's claimed rights of franchise location and admission of members if the team is sold to Balsille and moved to Hamilton. If the NHL's rights were upheld later through separate litigation, you can't "unring the bell" and move them back. The statute says that if one party's interests are not 'adequately protected', a sale cannot be allowed. Egro, no ruling on if the NHL has a valid case for restricting who can have a team and where, but simply that if there's a question, he can't let that go through. - The NHL tried to dictate who would get paid if they purchased the team. The NHL basically said that they'd pay everyone EXCEPT the Moyes and Gretsky groups. The NHL said they'd pay 'all legitimate creditors', with the clear assertion that Moyes and Gretsky are not. The law says that they can't pick and choose who they THINK have legit claims, and those issues would have to be resolved first. Also of note , PSG was dismissed WITH prejudice, where the NHL was dismissed WITHOUT prejudice. That means PSG's bid is totally dead, but the NHL could amend. Balsille will not own the Coyotes unless he plays ball with the NHL. |
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| Author: | JD1970 [ Wed Sep 30, 2009 6:59 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Squanto wrote: Balsille will not own the Coyotes unless he plays ball with the NHL. Which means he won't own them. It looks like the NHL will amend their bid and own them, but then what? Winnipeg? |
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| Author: | JD1970 [ Wed Sep 30, 2009 7:11 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
It doesn't look like Hamilton will be getting an NHL team anytime soon. Quote: "We are pleased that the Bankruptcy Court has confirmed the League's rights to select its owners and the location of its franchises,'' Deputy Commissioner Bill Daly said in a statement regarding today's ruling. ''We are reviewing the opinion and considering how we can best address the Court's concerns regarding our offer to purchase the Coyotes. It remains our goal to secure the long-term stability of the Coyotes in Glendale."
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| Author: | Melly317 [ Wed Sep 30, 2009 7:12 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
I'm with mike on this one, fold the team. |
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| Author: | Displaced Fan [ Wed Sep 30, 2009 7:15 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
So who is out there that wants to buy the team and keep in it Arizona and what drugs are they getting? |
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| Author: | JD1970 [ Wed Sep 30, 2009 7:22 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Displaced Fan wrote: So who is out there that wants to buy the team and keep in it Arizona and what drugs are they getting? I don't know, but apparently the NHL will buy it, and payoff Gretzky, and then sit on it until they can find someone. But Hamilton will NEVER have a team 
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| Author: | ironyisadeadscene [ Wed Sep 30, 2009 7:44 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Melly317 wrote: I'm with mike on this one, fold the team. and then open up expansion bids, with the yotes players entering a dispersal draft, with the worst teams getting first cracks, after the expansion team gets first overall cracks. |
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| Author: | Skyline_BNR34 [ Wed Sep 30, 2009 11:33 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
JD1970 wrote: Displaced Fan wrote: So who is out there that wants to buy the team and keep in it Arizona and what drugs are they getting? I don't know, but apparently the NHL will buy it, and payoff Gretzky, and then sit on it until they can find someone. But Hamilton will NEVER have a team It's kinda like what they had to do with Buffalo, the NHL just sat on Buffalo until a buyer who was going to keep them in Buffalo was found. I wonder if Basillie was after our team during that time also? |
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| Author: | fly as hale [ Wed Sep 30, 2009 11:48 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Who own da 'Yotes? ownz ownzzz |
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| Author: | Wozniak [ Thu Oct 01, 2009 12:31 am ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
i figured this would be the outcome. there was no way that anyone with common sense would have awarded ballsilli a team under these conditions. |
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| Author: | End The Curse [ Thu Oct 01, 2009 1:09 am ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Gary Bettman was doing his best Wilbert Harrison after Judge Baum killed Balsillie's bid... |
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| Author: | PuckSniperPensel [ Thu Oct 01, 2009 10:42 am ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
End The Curse wrote: Gary Bettman was doing his best Wilbert Harrison after Judge Baum killed Balsillie's bid... 
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| Author: | AudSabres [ Thu Oct 01, 2009 12:45 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
Words are words, but I remember Gary saying over the summer that if the NHL were looking at expanding or relocating back to Canada, that Winnipeg would get the team or atleast be given first look. I hope he wasn't just talking shit because he didn't want a team in Hamilton. The 'Peg needs the NHL back. If they can get the proper backing, give them a shot Gary. So what if you have to admit you're wrong. We're only human and it may earn you a shred of respect amongst the fans of not only the great white north, but hockey fans all over NA. |
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| Author: | icehound [ Thu Oct 01, 2009 1:01 pm ] |
| Post subject: | Re: Baum rejects both bids for Phoenix |
...well, now. Moyes and the Coyotes are screwed. No money for anyone. And a whole summer spent on this big jerk-off bankruptcy trial. Eventually, the NHL will just forcibly take over the team, running it in the red until they can blow sunshine up another douchebag's ass, and get him to buy this little abortion. I'm truly disappointed in Baum's gutless decision. He tried to solve all the problems, and ended up solving none. Bit off more than he could chew, I reckon. |
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