NHL Expansion To Canada is Bogged Down in Stagnant Water

July 28th, 2010 by Steve Thompson Leave a reply »

In a recent series of Globe and Mail videos about NHL expansion to Canada, Commissioner Gary Bettman urged Canadian fans to be patient.

They had better be.  More Canadian teams in the NHL will be a long time coming.

Supposedly this summer decisive events were to occur.

Ice Edge, a group of Canadian and American businessmen, was supposed to buy the Phoenix Coyotes and keep them in Arizona with five games in Saskatoon.

The investment team of David Thomson and Mark Chipman was supposed to bring back the Winnipeg Jets.

And Quebecor, which is fronting a bid to bring back the Nordiques, was supposed to unveil a business plan based on a commissioned feasibility study that would explain how a new $400 million arena and team purchase would occur.

But nothing is happening, and, in fact, things seem to be going in the opposite direction, as it has just been reported that Ice Edge has lost its exclusive right to deal with the city of Glendale because it failed to provide certain satisfactory financial documents.

The video series analyzed the pros and cons of four Canadian candidates for new NH ...

Read Full Article at Bleacher Report - NHL
Article written by


Comments are closed.