Comments on: Sabres have an Owner (probably)
NHL - Hockey Trade Rumors, providing NHL Hockey Trade Rumors since 1996Tue, 30 Sep 2014 15:35:58 +0000hourly1By: hatterson
Thu, 21 Nov 2002 18:54:36 +0000http://localhost/wordpress24/?p=4216#comment-15328That is what they have been doing. If you had knowledge of the situation then you would know that it is the NHL that did (is doing) all of the work on the new owner front. Also the NHL is paying the Sabres salaries now. Call me crazy but that sounds like bailing out to me.
Thu, 21 Nov 2002 12:11:05 +0000http://localhost/wordpress24/?p=4216#comment-15327Then the NHL should help bail out the hockey club, if they want to be so arrogant!
Thu, 21 Nov 2002 06:54:01 +0000http://localhost/wordpress24/?p=4216#comment-15326The team doesn’t want to declare bankruptcy because then the courts would hold the team. It would be sold to the higest bidder and the NHL would have no control over the identity of the new owner. This would allow that guy from Portland, I can’t remember his name, to buy the team and move it out there, something that the NHL has said they don’t want.