The Entry Draft, Argentine Mistresses, Jon & Kate, Iran and Jacko
There have been plenty of distractions over the past few days, so nobody seemed to notice that Judge Redfield T. Baum's deadline to submit an offer for the Coyotes came and went on Friday.
Chalk up a few more lies for Bettman, as his many offers failed to materialize. I guess the owners of the Argonauts were too busy figuring out how to pay for their football expenses without the B.C. Lions as personal bankers. Imagine my surprise when they did not submit a US$200M bid like Gary told us they would. And whatever happened to that mystery group from Arizona who didn't want to reveal their identity? I coulda sworn Gary assured us that they existed.
Oh well. Everyone was getting tired of Balsillie, so why don't we just hand the team to Reinsdorf, whose bid was in the offing since last November, or at least since February. He finally managed to file the thing at the last minute and he claims that he has no plans to move the team to Kansas City, so let's blindly accept that.
It's not as if a Chicago team owner ever lobbied to place an NHL team in Missouri. Oh wait. What I meant to say was that it hasn't happened for over 40 years. Meh. I'm sure Reinsdorf wouldn't do that to Phoenix fans. He's a good guy.
So how about that offer he made? It may be $65M less than Ballsillie's offer, but $148M is nothing to sneeze at. After all, the creditors will be taken care of, right? Oh, right. Nevermind.
Had I known that they were accepting no-cash bids and that all I had to do was assume $118M in debts for a team that actually owes hundreds of millions, then I wouldn't have let myself get distracted by Jon & Kate all month. If it's zero-down and low monthly payments, I'm usually all over that.
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