Monday, August 31, 2009

Leafs don't have to worry about losing veto

The Toronto Maple Leafs say they can veto another team's move into Southern Ontario.
The National Hockey League says they can't.
Big deal.
For all intents and purposes, the Leafs will still have the power to veto the re-location of the Phoenix Coyotes to Hamilton. The NHL's refusal to admit that the Leafs have a veto based on territorial rights is simply a public relations move to avoid legal complications related to Canadian competition rules and U.S. antitrust laws.
When push comes to shove, or Arizona bankruptcy court judge Redfield T. Baum says Jim Balsillie can write a cheque, the Leafs will still effectively have a veto. NHL brass will most assuredly defer to the Leafs' wishes, and a clear majority of other owners will vote against anyone who dares to move a club between Toronto and Buffalo.
Then, the NHL will wage a lengthy legal battle with anyone who says it granted a veto. By letting the courts decide, the NHL does not look like it sided against the Leafs, and a decision would take years. For examples, see the Oakland Raiders' efforts to move to Los Angeles and back.
A more interesting question is: How did the NHL decide so quickly to make a bid for the Coyotes? These kind of decisions usually require approval of the board of governors.
However, no regularly-scheduled board meetings were held recently, and there were no reports of any emergency sessions.
Just wondering.

No comments:

Post a Comment