Makes perfect sense if OTPP is trying to sell. A new owner would ideally want the option of choosing their own GM (BC or not). If they didn't like Colangelo, then you've saddled them with a 2-3 yr contract, for example. So signing BC may reduce the number of bidders, which ultimately affects the selling price. If this is the thought process, then it's obvious why an accountant would be front and center.joey_hesketh wrote:
I wonder why Feschuk tried to throw Eversley under the bus (backstabbing wondering/giving away managerial style points etc). I hate it when columnists try to embellish their storyline with innuendo like that.
This is a crucial time for this franchise. Because of the timing (draft, f/a signings etc), I think BC gives us the best opportunity going forward due to the continuity of management in place, knowledge of current players and probably with potential deals in place as compared to hiring someone new at this time to hit the ground running with new personnel etc. Wasnt Babcock faced with a similar situation leading him to pick Araujo (on the advice of a consultant)? A 2-3 yr. deal is probably the best compromise.
He didn't. He clearly went on to say that no backstabbing was taking place.
You've obviously never had the pleasure of dealing with private equity guys. I have seen Teachers scuttle a deal to take less money (far less money) simply cause they couldn't get their own way in negotiations, so they took their ball and went home. I have seen other private equity players destroy companies they invested in for no other reason than hubris - "You won't give in to our unreasonable demands? Fine, we'll ruin everything, including our own investment".
Never underestimate the audacity, ego, hubris, stubborness, unreasonableness and arrogance of private equity guys. The worst thing that ever happened to the Raps was the day Teachers got control of MLSE....
Being in the industry I concur 100%.
I wonder if Mr. Balsillie would like to own an NBA team instead of an NHL team? Hmmm...
I cannot figure out why Silvestri is a douchebag or that the teachers pension should rot in hell. If your pension contributions are mismanaged, would you be happy? They are part (albeit majority) owners that want better returns in their investments. Why is that a bad thing? Also, profits are up since Colangelo took over yet the majority owners are still unhappy? There's obviously something wrong right? I'm not going to do a rundown by the way (of BC's failures). I'm not buying this "we're screwed without BC" mindset. Portland is not screwed because Cho is at the helm, or New Orleans (which is operated by the league btw) is in trouble with their rookie GM. Don't even get me started with Masai Ujiri's phenomenal 1st year. If you think BC's gonna take a two year "we'll see" extension, guess again.
“The saving of our world from pending doom will come, not through the complacent adjustment of the conforming majority, but through the creative maladjustment of a nonconforming minority.” - Martin Luther King
Well ... way to make me feel even LESS optimistic about the situation then. hahah
I suppose I was a little extreme in calling him a douchebag. I was more stating that its not even the entirity of the OTPP that has a problem with BC. It's juust him. He's the only one. And thats where I find it a little douchey. I understand him having a concern with returns, but they DON'T have a problem with returns. BC makes money. What else should an accountant care about?
“I am so clever that sometimes I don't understand a single word of what I am saying.”
― Oscar Wilde
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