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St Louis Blues no longer owned by Wal-Mart heirs

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Oreo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 04:15 PM
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St Louis Blues no longer owned by Wal-Mart heirs
I hope they lost a lot of money.

http://www.tsn.ca/nhl/news_story.asp?ID=138072
Report: Blues to be sold to Checketts

9/29/2005 8:23:06 AM

The St. Louis Post-Dispatch reports that the Blues have signed a letter of agreement to sell the team and the lease to Savvis Center to businessman David Checketts.

Blues President Mark Sauer would not confirm the deal to the paper, which was reportedly consummated Wednesday afternoon.

The NHL Board of Governors has to approve the sale of any franchise in the league.

-cut-

The Blues were put up for sale by owners Bill and Nancy Laurie on June 17.

http://www.stltoday.com/stltoday/sports/stories.nsf/blues/story/C6ACBD4FC12F994986257023001B83C7?OpenDocument
The Lauries, heirs to the Wal-Mart fortune, paid $100 million to buy the Blues and their agreement at the arena from Clark Enterprises, a group of 19 prominent local businesses.

Bill Laurie turned to the Blues after the collapse of his bid to purchase the NHL Colorado Avalanche, the NBA Denver Nuggets and the Pepsi Center arena in Denver.

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