Thursday, June 28, 2007

Predators to Kansas City?

from Theresa Tedesco And Matthew Sekeres at the National Post

Canadian billionaire Jim Balsillie's deal to purchase the Nashville Predators of the NHL and relocate the team to Hamilton appears unlikely as the current owner prepares to announce an exclusive deal with a new bidder, the National Post has learned.

According to sources familiar with the events, Craig Leipold, owner of the Predators, informed Mr. Balsillie late Monday -- less than a week before their deal was to close on June 30 -- that he has decided to walk away from the US$238-million offer announced last month. Instead, he plans to pursue a less lucrative bid from California businessman William (Boots) DelBiaggio. It is widely expected that Mr. DelBiaggio will relocate the Predators to Kansas City once Nashville's lease at the Sommet Center arena expires.

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If there is one thing that will help the NHL's horrendous tv ratings, it would have to be moving a team from Nashville to Kansas City.