Found February 06, 2013 on Midwest Sports Fans:
Times have been tough for a lot of the teams in the NHL. Only three teams (Toronto Maple Leafs, New York Rangers, and Montreal Canadians) are really making any money, and according to Forbes 18 teams lost money last season. Some teams are better than others, but the league contains a couple teams that are causing more of a hassle than what they’re worth. Take the Phoenix Coyotes for example. The team has been owned by the league (which is strangely adamant on keeping the team in Phoenix) since 2009, because the franchise declared bankruptcy, lost $20.6 million last season. A deal to sell the team recently went south. Phoenix isn’t the only team causing a headache for the league, though.   The Florida Panthers, Columbus Blue Jackets, and Tampa Bay Lightning are operating on almost as bad terms. Despite all this bad news, there’s been talk that the league might be in the mood for expanding to 32 teams from the current 30, with the Toronto area and Quebec City being the frontrunners. ...
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