Wild for Sale?

Sid reports that the Wild might be for sale at a price of $200 million. I've been wondering why the Wild didn't take the plunge into the free agent market when players were available at a discount following the lockout. Seems like maybe the owner wants to cash out.

What is delicious is this nugget from Sid:

The word from two sources is that the hockey team will earn about $20 million this year. However, the team has a debt of some $78 million, and the interest and other costs will eat up most of that profit.

Where I come from, interest expense is deducted with every other expense from revenues to get the net profit. You can rest assured that no team is going to say we made $20 million but we have to service our debt from that profit. But, Sid will carry the water for them with that little tidbit of questionable veracity.

The Wild have been playing decent hockey of late and it seems to me that a couple of middling veterans could have put this team in a position to be a real contender without burdening them down with a huge payroll. But, be patient fans. Next year, they'll make the plunge. Just like the sign on the roadside bar down in my in-law's neck of the woods -- free beer tomorrow.

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