http://www.sportsnet.ca/hockey/2009/06/ ... hers_sale/In fairness, the BankAtlantic Center is a quality piece of real estate despite being in the middle of a swamp. The Panthers by their lonesome isn't of much value, but coupled with a profitable building makes it an attractive sell. To the tune of 240M apparently. P.T. Bettman has found another sucker.
Quote:
Sports Properties Acquisition Corp, a publicly held company formed last year to acquire sports properties, has agreed to buy the NHL team; its home, BankAtlantic Center; an arena management company and some land surrounding the arena, according to a Reuters report.
Next up: giving McGuire the keys.
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