It's a badly kept secret that Jim Balsille is making a run at buying the Maple Leafs, so it doesn't surprise me that he is spending money on these things.
It's a badly kept secret that Jim Balsille is making a run at buying the Maple Leafs, so it doesn't surprise me that he is spending money on these things.
poor jim doesnt have that much money... he used to be worth a few billion, nowsaday with the rim stock price so slow... dont think he even has 1 billion.... leafs are worth 1.3-1.5 billion .......
I bet he's going to end up buying the Coyotes if they don't move back to Quebec first.
He wants a team in Hamilton, but he won't get it (the Leafs will see to that). Toronto is of interest because Larry Tanenbaum probably can't come up with the money and the NHL has no desire to be a pawn in the Canadian telecom industry (Rogers). I think the banks will back Jim because MLSE is highly profitable and Jim has a proven track record with managing RIM.
He wants a team in Hamilton, but he won't get it (the Leafs will see to that). Toronto is of interest because Larry Tanenbaum probably can't come up with the money and the NHL has no desire to be a pawn in the Canadian telecom industry (Rogers). I think the banks will back Jim because MLSE is highly profitable and Jim has a proven track record with managing RIM.
You're joking right. Confidence in Jim (and Mike) is at an all time low.
Plus, he can not afford MLSE. Teachers acquired TD's share so they can put up a bigger share of MLSE on he block to max the premium. Analysts are saying Teacher's portion could fetch 1.8b putting the total to about 2.3-2.4 b. No chance Jim have almost 2b. In march his net worth (incl excercisable options) was 1.8b. His options are surely not worth that much now.