Bye bye Boots
Boots Del Biaggio, we hardly knew ye.
I haven't commented on the news that the Nashville Predators' minority owner is being investigated by the SEC, but Tom Benjamin covered off the particulars nicely on the weekend.
Monday night we learned via Al Maki that Mr. Boots had a pretty swell deal with the Nashville consortium:
Del Biaggio, Southern California financier Warren Woo and Bergeron were supposed to be in for almost 32 per cent of the club. Del Biaggio's deal stipulated he would not finance any losses, but share in the club's profits.A new lawsuit against the "San Jose socialite investor," this one filed by the bank founded by his father, was revealed Monday.
It's estimated Boots's stake in the ownership group is now aboute 27 per cent, which means there's likely a big hole to fill in Nashville.
Anyone want a quarter of an ailing hockey team?