Quote:
Originally Posted by CHRDANHUTCH
LOGISTICALLY THOUGH, what NHL team opts out and there's no stipulation in either the Islander or Ranger contracts, Biggie, that unless either is sold or spun off that contract remains intact....
since Bridgeport has a 20 year contract you'd have a legal suit if the Islanders tried it since Webster Bank Arena is a stakeholder in the lease agreement that was signed in 2001, likely the same caveat applies to Hartford, since MSG actually owns the franchise, hence by what they did yesterday with the release of Gernander AND Chris Drury's installation as Wolf* Pack GM....
IT'S A DIFFERENCE, when the NHL Team is the O&O, rather than a private ownership entity, like in Portland, yes, that clause has been exercised but that's to protect the franchise, it didn't help when Springfield bought the franchise with intent to relocate it there, Florida and Cross Arena had to approve it, and a penalty fee was paid to break the lease when that sale was announced...
rarely do you see NHL Teams involved in affiliate legal issues, nor will they, as evidenced by the 2013 lease between the Pirates and Cross that essentially had been agreed to at the end of 2012, but never completed forcing the relocation in market despite renovations at Cross Arena notwithstanding even for 1 season.
Absolutely nothing you just said has anything to do with what is being talked about.
I read this 7 times and cannot comprehend a single sentence.