Sep 21, 2011, 8:30 PM EDT
The St. Louis Blues have been saying throughout the summer that they felt they could get a deal done to sell the franchise. Current owner Dave Checketts is looking to get out of the game and give the opportunity to buy the team to someone else.
One person who wanted to buy the Blues was Calgary businessman Max Chambers. Chambers is the CEO of Sonoma Equities and Great Northern Capital Partners and worth a bit of a money himself. Chambers had a hefty bid to put in for the Blues, but was told that it just wasn’t good enough.
Jeremy Rutherford of The St. Louis Dispatch has the story about how Chambers’ all cash bid just wasn’t up to snuff for Checketts and his company, SCP Worldwide. Chambers gives his take.
“The offer of $167 (million) was my maximum,” Chambers said. “We think that’s the most they’ve been offered. Obviously they haven’t been offered $190 because $190 was the figure to take it off the auction block. I don’t think anyone has over-topped our offer of $167.
“I think $190 is a little aggressive with the value of the franchise. We felt $167 was aggressive, so their counter at $190 was real aggressive in our view.”
Playing a game of chicken when it comes to buying a team is a fun way to negotiate but Chambers’ bid isn’t the only one out there for the team. A group that involves Hall of Famer Bryan Trottier is also out there for the Blues to examine a bid from. Whether or not they’re looking at paying the $190 million asking price remains to be seen.
Still, turning down an all cash bid like that either shows the Blues have a better offer elsewhere or they’re going to hold a hard line to get the money they’re looking for. If the Blues are looking to make their own deadline, let’s hope that it’s the former rather than the latter so the NHL can avoid having yet another ownership debacle to deal with.
- Sens’ Alfredsson: We probably won’t win this series 13
- Discuss: Penguins overwhelm Senators to take Game 4 46
- Report: NHLPA director Fehr wants to address issue of fighting 65
- Gillis: Vigneault fired because results weren’t there 19
- Official: Canucks fire head coach Vigneault, assistants Bowness and Brown 32
- Question for commenters: What, if anything, needs to be done about the officiating? 99
- Playoffs Tonight: Senators confident they can beat Penguins 38
- Video: Kings denied a goal after quick whistle 29
- Tweet from L.A. Kings Twitter account stirs controversy 62
- Discuss: Sharks take Game 4, even semifinal series against Kings 15
- Discuss: Bruins rally in third, take 3-0 series lead (99)
- Question for commenters: What, if anything, needs to be done about the officiating? (99)
- Discuss: Detroit takes 2-1 series lead vs. Chicago (92)
- Video: Crosby scores hat trick, hits playoff milestone against Senators (91)
- Report: NHLPA director Fehr wants to address issue of fighting (81)
- LeBron stuns Pacers with OT winner in Game 1
- Pens overwhelm Sens, take 3-1 series lead
- Tiger calls Sergio's comments inappropriate, hurtful
- Bears great Urlacher announces retirement
- HBT: Canseco suspect in Vegas sexual assault
- Posnanski on Golf: Sergio shows disdain for Tiger
- OlyTalk: Coach K will lead Team USA in Rio Games