COLUBUS-- Friday, Jim Balsillie's second attempt to buy an NHL franchise hit a roadblock.
Predators owner Craig Leipold sent a letter to the NHL, telling them that they shouldn't consider him a serious candidate until both sides can reach a final sale agreement.
Another reason for that letter being that Leipold was "stunned" by Balsillie's immediate attempt at relocating a franchise he, to start with, didn't own.
The pair of Leipold and Balsillie, the co-CEO of BlackBerry maker Research In Motion, agreed to a term sheet for the transfer of ownership of the Nashville Predators on May 24.
Balsillie promised to pay between US$220 million and US$238 million for the purchase of the Tennessean club. A deadline for June 30th was set.
Balsillie, as soon as he was a "serious" candidate to become the next owner of the Nashville Predators, launched a process in Hamilton, Ont. to ensure that if he moved the club there, there would be a fan base.
His plan worked as soon as the City of Hamilton, Ont. recognised the possibility of them being the host city for the "relocation" of the Predators.
Following that announcement, on June 14th, Balsillie started to accept thousands of deposits on season tickets, for the "club to be".
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