The NHL now in control of the sinking ship

The NHL has officially bought the Phoenix Coyotes, meaning they will stay out of Hamilton, and continue to lose money at an alarming pace in Phoenix. Put simply, the Coyotes can’t survive where they are. It doesn’t look like they’re going to escape from their mediocrity and gain some fellowship from the Arizona people. Even then, I doubt the Arizona people are willing to embrace hockey.

The NHL will continue to try to keep this sinking ship going, but unless they put it onto shore (which is pretty much anywhere else), it’ll keep sinking. Maybe NHL ownership of the team is good for the relocation prospects. If they can’t at least have the team breaking even from now on (let’s ignore the millions in losses from the past for now), they’ll definitely become more conservative in their market choices for teams.

So, what does this say about teams like Florida, Tampa Bay, Nashville and Atlanta? Those teams aren’t in hockey markets either, and they aren’t having a good time. I do see more situations happening where people will try to buy these teams and relocate them. Something could be happening to the NHL sometime soon financially, and even though these are hard times, something does need to change.

~ by The Slurpee Man on November 2, 2009.

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