Hockey: What do you think is the ballpark figure of the relocation fee in the Coyotes bankruptcy case?
Grand Theft Auto asked:
The judge in the case said the NHL is entitled to a relocation fee if the Coyotes move.
The judge in the case said the NHL is entitled to a relocation fee if the Coyotes move.
The Judge is using the formula the case involving the Oakland Raiders moving to LA.
Value of new market(Hamilton ) – value of the franchise where it is now = Relocation fee
Doesn’t include territory rights fees to Toronto and Buffalo.
The value of the franchise will go down as a result of the bankruptcy filing.