Friday, April 11, 2008

Wild Sale Complete

The sale of the majority interest in the Minnesota Wild to Craig Leipold, the former Nashville Predator owner was completed as the NHL Board of Governors okayed it. This is not a big surprise since Leipold already has a successful run as an NHL owner in Nashville. Leipold managed to sell a financially struggling franchise and buy into one in a better market.

Here is TSN's story on the sale. Since it was about three months since the initial sales announcement, we can call that roughly the minimum amount of time required to finalize the sale of an NHL team.

While I generally advocate bringing failing American teams back to Canada, you can't argue with the fact that Minn is a legitimate hockey market, so, good luck to him, I hope the team continues to be successful.
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