Sep 05 8:21p by David Oleksy
Ken Peters of the Hamilton Spector is reporting that the NHL is raising their reocation fee to $195 million. They are claiming that a team in Hamilton would be worth $315 million while a team in Phoenix would be worth only $120 million.
Prospective Hamilton franchise owner Jim Balsillie should pay as much as a $195 million relocation fee for the right to move the bankrupt Phoenix Coyotes to Steeltown.
In its latest court file the NHL said two sports consultants set a “reasonable’ relocation fee at between $101 million to $195 million.
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$195 Million Relocation Fee?
Sep 5
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