NYC FC Owners Still Hopeful On Queens Stadium NYC FC Key To Building Man City Brand Leiweke Seeks To Make Raptors Canada's Team Bobcats Apply For Hornets Name Change Orioles Wait For Luxury Suite Sales Stars Look To Hold Training Camp In Ft. Worth Yankees, Man City Partner On MLS Team Colangelo Staying With Raptors, Loses GM Title NBA Kings Tix In High Demand Franchise Notes
Upcoming Conferences and Events
SOURCE SAYS OILERS PARTIES SQUABBLING OVER EXPANSION MONEY
Published February 2, 1998
A "three-way scrap over who should pocket" the NHL Oilers' "slice of NHL expansion pie has become the main stumbling block in hammering out a sale," a "key" source tells Bernard Pilon of the EDMONTON SUN. Existing Oilers Owner Peter Pocklington feels the $12.3M expansion payout is his "because he voted to let the league expand." But Alberta Treasury Branches, which is now effectively running the team, feels it should get the money. And potential local Oilers buyers want the money "because they'll be running things once cheques are issued." NHL Commissioner Gary Bettman offered to split the payout between the groups, but no agreement has been reached (EDMONTON SUN, 2/2).