Balsillie Copps another dealMay 30, 2007
HAMILTON (CP) — The City of Hamilton has re-activated an agreement with Waterloo billionaire Jim Balsillie giving him exclusive rights to bring an NHL team to Copps Coliseum, the Hamilton Spectator reported Thursday. As part of the deal, the city is also negotiating to give Balsillie the right to run Hamilton Place and the Convention Centre — if he brings a team to town.The move comes on the heels of Balsillie, co-CEO of Research In Motion, the company that makes the BlackBerry communications device, agreeing to buy the NHL’s Nashville Predators for US$220 million.
Balsillie approached the city late last week through Toronto lawyer Richard Rodier. That led to a flurry of behind-the-scenes discussions, including a telephone call between Mayor Fred Eisenberger and Balsillie.
“He has assured me that he wants to secure a team and he is interested in bringing it to Hamilton,” Eisenberger said Wednesday night. “Certainly he has the resources to do it and we will leave it up to him to pull it together.”
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ANDREW:
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BRIAN:
DOODIE:
My hometown Hamilton Bulldogs have just advanced to the Finals of the AHL Playoffs for the third time in Eleven seasons. The Bulldogs are seeking their first Calder Cup Championship in a rematch of the 1996-97 finals against the defending Champs, the Hershey Bears.
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