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The Hartford Whalers Are Going Going ...
Beginning of paper
The Hartford Whalers are in a very tough situation at this time. When
Peter Karmanos bought the team in May of 1994, he inherited the worst lease
agreement at the smallest arena in the NHL. The Hartford Civic Center lease
agreement creates profit for private companies; however, the lease causes
the Whalers to lose money. The mall is owned an ....
Middle of paper
....s job. These companies would only run the Civic Center if
they could keep all of the revenue from the service they controlled. Richard
Gordon accepted this lease because this agreement would repay him for an
additional ten million dollars in loses and he sold the team a year later (Lang
53-69).
The Hartford Whalers is the only major league team .... |
| Word count: 2225 |
Page count: 9 |
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