Guru Tugginmypuddah
Active member
They should take MLSE public.
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Saint Nik said:cw said:We've seen many private/key NHL owners get into financial trouble:
Stavro (Leafs)
Hicks (Stars)
Del Biaggio (Predators)
Baldwin (Penguins - Baldwin's specialty was buying franchises with very little of his own money invested. For example, his actual cash investment in the Penguins was just $1,000.
Moyes (Moyes)
Bryden (Senators)
McNall (Kings)
Regas (Sabres)
Potter & Block (IRS -> 1975 Penguins bankruptcy)
Fair enough. Here's another list though:
Jeremy Jacobs(Boston)
Rocky Wirtz(Chicago)
Mario Lemieux(Pittsburgh)
Mike Ilitch(Detroit)
Henry Samueli(Anaheim)
Peter Karmanos(Carolina)
Now, there's a reasonable pattern there and it extends backwards too. Bill Davidson, Tom Hicks(who, financial issues aside, did win a Cup), Illitch again. I think you'd probably have to go back to '96 to find a club owned in a similar situation to the Leafs that won the cup(depending on how you want to look at the Devils situation).
Edit: I also think this holds true for other sports. The most successful Baseball franchises(Yankees, Red Sox, Cardinals), basketball franchises(Dallas, LA), Football franchises(Pittsburgh, New England) and even EPL franchises(Chelsea, Man United) have easily identifiable owners who are deeply invested in their franchises.
Oddly enough I think this argument would kind of mirror the team-building argument we've had ad nauseum here where the committed passionate owner is like the full-scale rebuild that can succeed or can fail and the faceless corporate behemoth is the build while competing MOR extravaganza we've seen to date.
Saint Nik said:cw said:We've seen many private/key NHL owners get into financial trouble:
Stavro (Leafs)
Hicks (Stars)
Del Biaggio (Predators)
Baldwin (Penguins - Baldwin's specialty was buying franchises with very little of his own money invested. For example, his actual cash investment in the Penguins was just $1,000.
Moyes (Moyes)
Bryden (Senators)
McNall (Kings)
Regas (Sabres)
Potter & Block (IRS -> 1975 Penguins bankruptcy)
Fair enough. Here's another list though:
Jeremy Jacobs(Boston)
Rocky Wirtz(Chicago)
Mario Lemieux(Pittsburgh)
Mike Ilitch(Detroit)
Henry Samueli(Anaheim)
Peter Karmanos(Carolina)
Now, there's a reasonable pattern there and it extends backwards too. Bill Davidson, Tom Hicks(who, financial issues aside, did win a Cup), Illitch again. I think you'd probably have to go back to '96 to find a club owned in a similar situation to the Leafs that won the cup(depending on how you want to look at the Devils situation).
Edit: I also think this holds true for other sports. The most successful Baseball franchises(Yankees, Red Sox, Cardinals), basketball franchises(Dallas, LA), Football franchises(Pittsburgh, New England) and even EPL franchises(Chelsea, Man United) have easily identifiable owners who are deeply invested in their franchises.
Oddly enough I think this argument would kind of mirror the team-building argument we've had ad nauseum here where the committed passionate owner is like the full-scale rebuild that can succeed or can fail and the faceless corporate behemoth is the build while competing MOR extravaganza we've seen to date.