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www.newschannel5.com Mobile so I can't copy and paste.... Smartphone News forum

  1. #1
    N8DBB's Avatar
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    Breaking News: Rim Co-CEO Purchases NHL Team Nashville Predators

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    Mobile so I can't copy and paste.
    Last edited by N8DBB; 05-24-2007 at 04:49 PM.

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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    found another link for ya

    http://www.nashvillepost.com/news/20...es_preds_sold_
    Sources: PREDS SOLD

    Jim Balsillie
    05-23-2007 6:16 PM — The Nashville Predators are being sold.

    NashvillePost.com has learned that Canadian businessman Jim Balsillie, co-CEO of Research In Motion (makers of the Blackberry electronic communication device) is purchasing the Predators from Wisconsin businessman Craig Leipold. Leipold has owned the club since it first took to the ice in 1998.

    The sale of the Predators, Nashville's first major league sporting franchise, was apparently discussed today in New York at a meeting of the National Hockey League's Board of Governors. It is believed as of now that the team will remain in Nashville for the forseeable future.

    According to NashvillePost.com sources, a press conference has been scheduled for tomorrow to announce the sale of the team. At the time of publication of this article, officials from Predators could not be reached for comment.
    Balsillie, the 46-year-old co-CEO of Research In Motion, is responsible for driving corporate strategy, business development, marketing, sales, and finance at the company, which is based in Waterloo, Ontario. He is a native of Peterborough, Ontario, with a bachelor of commerce from the University of Toronto and an MBA from Harvard University.

    According to the RIM website, "Jim is also a noted athlete, passionate fitness advocate and role model for his friends and colleagues. He was Athlete of the Year at Trinity College, University of Toronto, plays hockey and golf at competitive levels, and coaches his son's soccer and basketball teams. He currently trains and competes in Men's Long Course Triathlons."

    Last October, Balsille made a widely publicized bid to purchase the NHL's Pittsburgh Penguins, for $175 million from former player Mario Lemieux and his partners. That deal foundered late in the year.
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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    Awww... why an NHL team? they should've just bought the lakers lol.

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    N8DBB's Avatar
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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    Here is the news release:
    The Nashville Predators have been sold.

    NewsChannel5 has learned that team owner Craig Leipold has reached an agreement with BlackBerry owner Jim Balsillie to sell the team as soon as the paperwork can be completed.

    Leipold met with the NHL board of governors at 2pm Wednesday in New York, and then told his staff of the developments.

    Leipold told the Predators front office personnel that the team will remain in Nashvile for atleast the next season, but made no promise for the future.

    Earlier in the week the team announced that a deal had been made for the naming rights to the Nashville Arena, which was renamed the Sommet Center.

    Balsille has made attempts to purchase the Pittsburgh Penguins, but that deal fell apart.

    Stay tuned to NewsChannel5 for more information as it becomes available.
    Last edited by ljbyar; 05-23-2007 at 11:49 PM.

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    dasupaman23's Avatar
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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    Free BB bobble head night anyone???

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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    Wow! Go Rim! Maybe there will be more blackberry"s in Nashville! Im excited! I got the "breaking news update" on my blackberry.
    Wendy
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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    free tickets for those who has an 8700 lol

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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    ~via BB (wap.pinstack.com)~
    Wow that's awesome! My wings will still kick their tails! Lol

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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    How many years before they are moved to Ontario? Waterloo Predators :P

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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    ~via BB (wap.pinstack.com)~this is a bad move for bb, I am big fan of hockey but most people are not. Rim will that he won't make $ on it, people don't sell good teams if they are making $. Hockey in general is not a popular tv sport and he won't make $ on tv conracts, unless he moves them to canada. Shame what a shame, hope rim does not go out of business or get taken over by someone else due to the fact they bought the team. Honestly hope it works out for them. If he wanted a team should have gotten football or basketball that's where the $ is at.

  11. #11
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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    Well technically Balsillie bought the Preds, with money he made from RIM and BlackBerry.

    And he's been wanting a hockey team and the preds are definately the one to take.

    Next year will be their last year in Nashville (trust me, I live here).

    If you have the money and you want something, great. Go for it.

  12. #12
    Rcbjr's Avatar
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    Re: Breaking News: Rim Purchases Nhl Team Nashville Predators

    This purchase has nothing to do with Blackberry and Probably not RIM. It was Balsille, and Didn't he drop the co-Chairman and become just the CEO. I thought I read something about that a while back. Of course I don't pay to much attention to RIM management, I don't have any stock, I just pay attention to the rumors on technical advancements and device releases.

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