Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2201 by ColinM » Mon Sep 16, 2019 11:32 am

senate wrote:Melnyk is being sued by a Connecticut casino for $900k.

https://www.theday.com/article/20190912/BIZ02/190919771


Not sure that I get the details but the optics are nothing but bad here. Unless this is another step towards Melynk being made to sell the team.
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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2202 by senate » Thu Sep 19, 2019 10:04 am

Things are going great!

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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2203 by senate » Wed Oct 02, 2019 7:52 am

Well, there you have it. Melnyk is unable to pay his gambling debts because he was just too damn great at gambling.



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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2204 by senate » Fri Oct 04, 2019 4:51 pm

All publicity is good publicity.

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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2205 by MP » Fri Oct 04, 2019 11:17 pm

Eugene is out the moment he gets his Seattle buy in cheque.
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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2206 by Ricard_Persson » Sat Oct 05, 2019 9:50 pm

I just dont see how the Seattle money matters. I mean everyone knows it's coming and they would know the exact amount he'll get so why wouldnt you sell now for the franchise value plus that Seattle payment? I mean it's too easy. Whomever buys gets their money back whenever that comes through.

The seattle money goes straight to franchise value like today. It's the same value now as in a year.

I could see melnyk keeping this team for 10 years. I just dont know. He seems like such a dick he'll hold on just to piss people off. Once the billboards went up I think that strengthened his hold - simply because hes a total dick. He doesn't want to look like he "lost".

However the only hope I have is that there are A LOT of rumours of his financial distress. Like a lot. There's just too much smoke for there not to be a fire burning.

We'll see. But I dont think the seattle payment matters. Hes already made that money as his franchise today is up that upcoming payment already. It's there now on paper.
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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2207 by senate » Sat Oct 05, 2019 10:26 pm

I think the problem is that Eugene Melnyk wants to pay him the full value of an NHL franchise and assume the team/arena debt.

Going by the Seattle franchise fee, the value of a NHL franchise is $650 million. Arm-chair analysts on the internet have speculated that the Senators/Canadian Tire Centre have $200+ million in total debt. Elliot Friedman reported last year that Melnyk rejected an offer of $400 million. So my baseless speculation based on no real evidence is that the potential buyer offered the value of an NHL franchise minus the assumed debt.
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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2208 by Ricard_Persson » Tue Oct 08, 2019 11:20 am

More and more chatter out there this year from outside of the area. Word seems to be getting out.

Move over Dan Snyder and James Dolan—when it comes to pettiness, suspect accounting, shameless moxie, and team mismanagement, Ottawa Senators owner Eugene Melnyk might be the best franchise destroyer on the continent



https://www.theringer.com/2019/10/8/20904509/eugene-melnyk-ottawa-senators-worst-sports-owner-in-north-america
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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2209 by mayoradamwest » Tue Oct 08, 2019 12:23 pm

Asking Dan Snyder to move over is a bit disrespectful.
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Re: Pierre Dorion / Eugene Melnyk Memorial Thread of Stupid People Saying Stupid Things

Post #2210 by senate » Wed Oct 09, 2019 2:47 pm


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