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Post by Oil kings GM on Feb 5, 2008 20:06:13 GMT -5
tsn.ca/nhl/news_story/?ID=228952&hubname=In brief, Katz has put a firm hold on buying the Oilers from the EIG with having 98% of shares. The only obsticle now is Bettman and the NHL. Being an Oiler fan I believe this will give the team the stability that it hasn't had. With Katz saying he would put $100M towards an up-to-date arena in Edmonton, and allowing the GM to spend what it takes to have a winning team is great news. Please don't say that they are at the cap limit now...The Oilers shouldn't have spent to the cap (bringing in the wrong players) and overpaying RFA's (I don't mean Penner either). I can't wait to see what happens next.
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