brwi wrote:Looks like there are two groups battling to buy the Devils and both actually have MONEY, believe it or not. I thought you were automatically disqualified as a potential NHL owner if you actually had money and didn't try loan-shark financing to buy a team. I have a feeling the arena is maybe the bigger asset to potential buyers than the hockey franchise.
No question about it. The Devils are a break-even team at best. If someone believes they can turn this arena into something more profitable (was not top-50 busiest in the world in Q1 2013, after being 11th in 2012) and believes in Newark's chance at a revival, they'll be some serious bidders. That's the only real lucrative thing about it.