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

[ColinM]

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.

[senate]

Things are going great!

[senate]

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

[senate]

All publicity is good publicity.

[MP]

Eugene is out the moment he gets his Seattle buy in cheque.

[Ricard_Persson]

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.

[senate]

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.

[Ricard_Persson]

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

[mayoradamwest]

Asking Dan Snyder to move over is a bit disrespectful.

[senate]

[senate]

[mayoradamwest]

It’s amazing how every organization somehow victimizes him. Darn um, Trillium network.

[senate]

The NCC released their new Lebreton Plan today for public consultation today. They left space for an event centre, but the reserved plot doesn't have room to build any addition condos or offices to subsidize development.

[AD]

"Event Center" is the best Ottawa name for a new home for the Sens.

I also believe its the best possible name for this board. Rename it people!

[mayoradamwest]

I feel the title lacks description.

It should at least be recognized it’s the home of a non last place team

[MP]

The Non-Event Centre would have been better. I'd change it, but there's too many buttons.

[senate]

I consider this another Senators scandal.

[mayoradamwest]

Wat?