Well well well, look has made another offer. And look has decided to "enthusiastically support" this offer? Yes it's EIG founding chairman Cal Nichols who is now behind the offer. How things change hmmm? BofA got the news up already so check it out.
So the offer is more money obviously and $100 million towards a new downtown arena. Oh and Cal gets to remain involved as the Oilers representative on the NHL Board of Directors. I see now why he's behind this new offer so enthusiastically!
Anyways, this is good news for our Oilers. One owner compared to 30. I always believed the time was past for the EIG. They stepped up in the late 1990s when this team was on the verge of being bought and moved. It was a wonderful move but it's time to move on.
Let's hope this deal is approved.