Found August 09, 2013 on Kukla's Korner:
PLAYERS: Gary Bettman
from Dan Bickley of the Arizona Republic, The entire community might even wear party hats if we could convince the new owners to make one final gesture: Ditch the out clause that could reignite relocation fears within the next five years, one that keeps a clock hanging over this hockey team. “I don’t understand all the attention it is getting,” NHL Commissioner Gary Bettman said. “The fact of the matter is, every contract has a term. And this term, for it to be invoked, requires the ownership group to lose $50 million, which I assure you they have no intention of doing.” Two of the new owners — George Gosbee and Anthony LeBlanc — also have bemoaned how the out clause has become a source of negativity spoiling an otherwise festive transaction. But they negotiated the clause. If it’s such a non-factor, why was it so important to begin with? Truth is, the Coyotes must still be a risky proposition, or they would have attracted other big-money investors. Without a sp...
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