In the old days it was customary to see somebody's house getting blown up on this column. Those days are behind us, for the most part, but once in a while I'll fire up the furnace for an encore performance. This could be one of those days.
Folks, please don't get into junior hockey for the love of money. If the green is the only motivation for an owner's involvement, please take that investment somewhere else. Also, if there is not enough green in the bank, do us all a favor and just stay away.
I said into junior hockey and could just say into hockey. There are a lot of dreamers out there. Some have illusions of owning teams in leagues their wallets simply can't support. If a prospective team owner does not have ten times the operating budget in liquid assets he (or she) should not be seriously considered as a candidate to own and operate a team. That rule should apply from the National Hockey League all the way down to the pay-to-play junior leagues.
Another red flag should be hearing that an owner is trying to get financing to purchase a team. It is comical to hear about prospective owners that don't have the assets required and are openly trying to put together an investment group to finalize the purchase. What I never understood, why would the league, and everybody else, take such offers seriously in the first place?
It's that same pie in the sky financing plan that exists all the way down from the NHL to junior hockey. Believe it or not, there are way too many junior operators living the hockey dream hand to mouth. Heck, maybe we should just say from the parents hand to their mouth.
With our economy taking a massive hit as a result of this COVID-19 issue, there is absolutely no reason to take a chance on a questionable operator. If the family is not in the position to know the good guys from the bad, please feel free to contact us directly for help.
Author: Stephen Heisler
Stephen Heisler has spent a lifetime in the game of hockey. Stephen is also working with individual teams, coaches, and players as a director with Victorious Hockey Company. Stephen, his wife Deysi, and four children reside in Orlando, Florida.
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