Saturday, August 18, 2007

More Un-bleepin-believable Preds disclosures

Preds new owners would like for taxpayers to insulate them from risk and THEN they will be happy to be the new owners.

Link

Freeman's group is seeking three significant changes from the status quo: $3 million worth of taxpayer money that would be used to help minimize past losses; responsibility for incentives to improve the financial performance of the arena; and a guarantee from the city of an average 14,000 in paid attendance per game each season so the club does not lose its substantial NHL revenue-sharing rights, in exchange for eliminating any right for the team to ever leave Nashville.