TORONTO -- An investment firm and a sports advisory company reportedly made a joint proposal to buy all 30 NHL teams for as much as $3.5 billion.
The two Boston companies were invited by NHL commissioner Gary Bettman to present the highly unusual offer, the Toronto Star and Globe and Mail reported Thursday. Bain Capital Partners LLC and Game Plan LLC made their pitch Tuesday in New York to NHL owners, whose season has been shut down by a lockout.
Game Plan chairman Robert Caporale confirmed to WBZ radio in Boston that the companies had offered more than $3 billion.
"It's taking the National Hockey League and its 30 teams and operating it as any large corporation does with each team essentially being a division of one company," Caporale said. "We would keep in place team management, team presidents, the GMs. They would be completely autonomous."
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http://sports.espn.go.com/nhl/news/story?id=2003701