We thought this was over. We thought that they had finally had a deal. At long last, the fate of the Nashville Predators was determined and it was going to be sold to a group of local investors in order to stay in Nashville for a time being.
It seems that according to the Tennessean, one of the investors doubt that the deal will go through; as some of the alterations that the group want to make to the deal with the City of Nashville doesn't sit well with the city council. David Freeman said that the nine changes the group proposed was rejected by city council and really puts this deal in doubt.
Some of the changes included an option to let the Predators leave Nashville if the season attendance dips under 14,000 on average and if the group loses $20 US. Also, the changes includes the team taking almost all state and local taxes from the arena for hockey and other arena events. Other revisions included the city putting up a new source of revenue stream for the arena make "Fun Zones" to kill excessive utility cost. I don't know how one goes with the other, but hey.
Now, here's the thing-- and this is just me-- it seems that the only way the Predators will ever get sold is that if the City and current owner Craig Leipold comes to the realization that one of the clauses for a new owner is the option to move the team if there is no support from the city. It will be hard to give that up, especially when so much time and money was put into it in one way or another-- but it's real. No new investor wants to come in and accept that they will have to take a monetary loss and be handcuffed by the fact they must keep the team in a place the doesn't/won't support it.
It would have been a good idea to get the local investors into the fold, however the fact they want a clause to get out if there's no support is probably showing their true colors. Sure, it's an insurance policy, but when you have the locals starting to question the loyalty of the fans; something is wrong. It could be underestimating the fan or it could show that those investing probably wouldn't do much to promote their own team on their own business side, but something is rotten there when you want all those clauses.
I don't know if the Preds will ever get sold and if they do-- odds are they'll be headed to either Kansas City or somewhere in Canada. To counteract that, the fans need to do their parts. It's hard to put the onus on the people supporting the team, but that seems to be the bottom line. It could seem like a hard sell, but that's why they needed the local investors to help pump up the team. With that dead-- it seem all but assured that the Predators tenure in Nashville is almost as extinct at the sabertooth tiger on their uniforms.