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You buy entrance to a league if you are not in it already, if, and that is a big if, they let you in. The only programs to be bought are the ones who own their own rinks. Now you have an asset. You also need capital. Ironically, the capitals don’t have that. They have debt baddie to the shrinking number of teams year over year.
Lovell’s actually one of the few programs around that don’t own their assets but have many, many teams. Even if he would sell (which he wouldn’t) Buying them gets you nothing as players would just go down the street and start a new team and all the loyalists would follow.
So in 2 weeks the Rats are taking over NESV (even though Lovell has 10 year iron clad contract) and now the Caps (sorry, chuckled to myself writing that) are buying a Lovell program not valued at anything as all those players would head to Hingham or Raynham....typical acquisition is 5x earnings or 2.x revenues. So Caps are paying $1M for Giants. Good one.
I know most hockey folks are as sharp as a pillow but come on with this idiocracy. At least come up with a believable rumor.
PS - look for the circle to expand on the Lovell website, not shrink. For those who know what I’m talking about.
Also hearing about alot of 06E movement as well...
06 MMF are all trying to leave but BJE and IHC can each only take one so it is a mad scramble to get to those teams for Q reasons and complete dysfunction at MMF
What 08 moves are in the works? Aren't they stacked???
3 kids moved from Tewksbury to Chelmsford. Chelmsford Squirt 1 stacked!!!!