If I remember correctly he would be in charge of the hockey side of the ownership team, while the Rem group would manage the real estate. A true partnership.
Not really how it works. The board wouldn’t be split because no one cares about the outgoing owner, they care about their current slice of the league, and what incoming group is best to increase that value.
Of course it’s comparable. He tried to end run the board and buy the team, the owner was prepared to sell, all buttoned up save for one thing…. The board said no.
Not picking on you, your comment is just handy. I see too many comments in this discussion that imply "RR will be great and will make sure we have the proper guys in the bottom six"
Right. First I don't know where these comments indicating RR group is offering less on purpose or they are lowballing, etc. are coming from, but lets assume for the moment that they aren't or can't offer the most money.
I doubt Ryan knows enough to be a POHO type and also doubt that he would want to do that, given he can make more money making movies.
Why? This isn't a government procurement process. The stakeholders can do what ever the f*** they want to get what they want.
What I meant is that he would be the “owner“ of the hockey side. His approach has seemed to be to find the absolute best people for the positions needed and let them do their thing. The star power and storytelling become a thing that players and executives want to be a part of. I didn’t mean to imply that he would run the team in the way that EM did.
I didn’t mean that he would directly run the team Like a POHO, I meant be in charge of the team as in how he works with Wrexham as an owner.
oh, we are on the same page. NHL should have told bidders to make their best pitch to have RR involved in their bid
BOG isn't involved for stakes of 10% or less. Executive committee can approve up to 10% stakes, Commissioner can approve up to 5% Stakes.
Right, but the ladies are entitled to choose the partner of their choice. And if they sell to RR for 795 instead of Andlauer for 825, no one will bat an eye
Ok, I was unclear on what @coladin is getting at then, I thought he was talking about them selling minor stakes, if he's trying to say they can avoid the BOG by retaini g a small stake, then no, that's not a thing, but it wouldn't really matter even if you could because the Commissioner wouldn't ok a transfer who's purpose is to avoid having to go to the full board anyways.
That's good. Neither do I. Facts (i.e., what someone actually posted) gets in the way of a B.S. narrative.
still need BOG approval.
Sure, but he can't take a group to the board without Anna and Olivia telling him to.
Probably, but I would say when it gets to that stage, the ladies, Gallatio and Bettman will be doing some back room discussions.
My expectation is that the ladies only care about maximizing their return. The NHL has an interest in getting the best ownership group, but I'm not convinced the difference between one or the other is enough for them to worry about
Lol… It’s ok, just someone quoting the rulebook and never having the sense to grasp the intricacies and workarounds that occur in the real life applications of said rulebook.
Common sense would seem to also dictate that Gary and the firm helping with the sale wouldn’t bother brining offers from groups to the sisters that the BOG wouldn’t accept.
