Leipold gets the thumbs up
Here's a shocker:
Minnesota Sports & Entertainment (MSE), the parent company of the Minnesota Wild, announced today that Craig Leipold’s purchase of the Minnesota Wild and its related entities has been approved by the National Hockey League’s (NHL) Board of Governors. Leipold also announced today that Philip Falcone has agreed to join him as a General Partner in the overall franchise.And why wouldn't they approve him? It's not like he's been an NHL owner, milked local taxpayers for arena concessions, claimed major losses and jumped ship in the past.
“I am very excited this purchase has been approved by the NHL,” said Leipold. “I look forward to the opportunity to continue the overall success of the Northwest Division Champion Minnesota Wild and the start of the 2008 Stanley Cup Playoffs.”
Falcone is a huge name on Wall Street, one of the highest paid (and well-known) traders in the world and a guy Gary Bettman would love to have in the fold. It's said Falcone made as much as $2-billion last year.
He played for the Harvard hockey team in the early '80s.