Hey Dad,
Watching Chelsea-Stoke. Thought I’d drop a note.
Hockey has gone south. As you well know.

Bettman’s business model has been exposed as unsustainable.
Jim Billionaire wants to move The Phoenix Coyotes to Hamilton. No-brainer.

He’s buying for $240M a team that may be worth as much as $800M.
Bettman’s board-sanctioned ‘obstinance’ is not only annoying it’s detrimental to the league and the game. And the business.
So be it.
Turns out the Leafs are really behind the ‘distaste’ for the Man. Balsillie. The Billionaire. Made his money in portable phones. More or less. Huge.
It’s now emerging that there are some serious anti-competitive issues involved – on a whole lot of levels.
Bettman’s NHL is toast.
Balsillie should do whatever he can to cement this thing. He should get Gretzky on board. President of hockey ops. There are some fences to be mended there, I gather. Give Moyes an AHL team. Or better, set up a Cirque de Soleil, Phoenix in the arena in Glendale.
The town they’re dealing with is 250,000 strong. A burb in the dessert. Ice Hockey Central.

There are two bidders left. Balsillie. And the NHL. Jim Billionaire’s offer is more than the NHL’s and the NHL’s offer perhaps includes a payout of $39M to Itself – the NHL. That will all become less vague after Redfield T. Baum, the judge, overseeing the auction in bankruptcy court – in Arizona – ordered sides to write up their bids over the weekends and have them handed in by Tuesday.
It may even go to constitutional law. The NHL Constitution. It may be challenged.
Anyway, it’s a mess. But Bettman – if the board has any business sense at all – will be gone at the end of this. IF.
Hockey went South. And it failed.
Ultimately, it’s a geographic battle.

The Coyotes need to move dens. The economic landscape has changed. Hamilton makes ideal business sense, even analysts in the hire of the NHL admit that.
Hockey is local.
Bettman’s tight grip – a grip that choked the game into an offering of pasteurized from corporate monoculture – is loose, as may be his grip on reality is. At times I think Bettman’s ego is the only part of that quick little brain that is engaged.
Yeah, I know, I know. I’ve gone too far.
But seriously, he’s got to go.
And who would I see as Commissioner?
Perhaps Gretzky.
Or pull somebody from Business. I have no idea who that would be. John Tory. Give him something to do. Of course this would be premised on Tory winning some sort of election, even if it is only a majority from some new form of Board. But you see what I mean. Mario Lemieux.
Anyway, that’s what’s going on here.
Talk soon,
B.

