NHLers buy Blazers
The Kamloops Blazers Sports Society’s membership voted 151-43 Thursday night to sell its WHL franchise to River City Hockey Inc. (RCH), a group that is led by Vancouver businessman Tom Gaglardi and includes ex-Blazers players Shane Doan, Jarome Iginla, Mark Recchi and Darryl Sydor.
The purchase price will be around $7 million, the highest price — by $3 million — ever paid for a WHL franchise and the second-highest price ever paid for a major junior team. The OHL’s Mississauga IceDogs sold for a reported $9.2 million last summer.
This is the first time the team has been privatized in 23 years.
- And here's a nice day after story Drinnan posted on his blog
Labels: Blazers
by James Mirtle @ 8:25 PM
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3 Comments:
7 million for a WHL team? Wow that seems like a lot. 7 mil is the low end of a Triple A baseball franchise, and I bet its worth more than an AHL franchise would be (do any of them make money?).
This is the first time the team has been privatized in 23 years.
The government owned this team?
No, the team was publicly owned.
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