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The St. Louis Blues have been purchased by an all-local group led by Tom Stillman, previously a minority owner of the club. The new ownership group includes several prominent business and civic leaders. The purchase price means that former majority owner Towerbrook Capital Partners,Brad Boyes Jersey which bought the Blues and the lease to Scottrade Center in 2006 for $150 million, had its equity wiped out, as did minority owner Dave Checketts, who ran the team. Last November we said the Blues were worth $157 million, and in January I wrote that the team was going to be bought for $185 million, although as I mentioned at the time it was unclear if the $185 million figure was an enterprise value, or also included future working capital commitments and other variables. The Blues have been on the block for several months and earlier this year Checketts took a job running Legends Hospitality Management, the food service and premium ticketing marketing company formed in 2008 by theDavid Backes Jersey, the Dallas Cowboys and Goldman Sachs. s group will get an American Hockey League team and a share of the Peabody Opera House for the $120 million. The elder Salomon was not enthralled with the idea of owning a hockey team initially, but his son persuaded him to take the plunge. s Bill Wirtz and $2. 5 million more to renovate the building. s St. Louis Braves.
But from late December through January the Blues lost only twice in 16 games and grabbed a foothold. hockey became a happening in St. Louis. To this day, in terms of contention, the Salomon group remains the most successful of the Blues owners.
Goaltending anchors Glenn Hall and Jacques Plante retired, Berenson was traded and “Sid III” began changing coaches and general managers like it was a court order. Declining revenue reached a critical stage by the end of the 1976-77 season, and the Blues reduced their management staff to three. Minority owner Wolfson and Blues president Emile Francis persuaded Ralston Purina executive R. Hal Dean to invest in the franchise. The Checkerboard Square chief even re-painted the fading Arena and re-dubbed it the Checkerdome.Doug Gilmour Jersey Looking at losses of more than $10 million over six seasons, the pet food giant put the Blues up for sale and in January 1983, announced it had a buyer in Saskatoon-based Batoni-Hunter Enterprises, Ltd. s president, Bill Hunter, said his group was ready to break ground on a $43 million building, which could be ready for the Saskatoon Blues in time for the 1983 -84 season.
Jaroslav Halak Jersey The team did not even participate in the 1983 NHL draft, forfeiting all of its picks. ornest takes over Ten days before the deadline NHL President John Ziegler set for dissolving the franchise, Los Angeles-based entrepreneur Harry Ornest stepped up with the only formal bid.