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Sports Leagues Need Better Background Checks

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Del Biaggio.jpgRecently, there was an article in The (Nashville) Tennnessean newspaper detailing the financial troubles of William J. "Boots" Del Biaggio. Del Biaggio is a part-owner of the NHL's Nashville Predators and was one of the key investors who helped keep the franchise from relocating.

Recently Del Biaggio has been investigated by federal officials for defrauding investors out of almost $35 million. He has now, reportedly, filed for bankruptcy. Since the news broke, it has also been discovered that Del Biaggio had secret plans to line up investors and move the team in the event that the Predators folded in Nashville. It's been no secret that Del Biaggio has wanted to move a team to Kansas City for some time. Yet the NHL allowed him to buy into the struggling Predators franchise with little more than a cursory background check. Somehow the financial misdeeds and intentions of Del Biaggio slipped past everybody. Or maybe the NHL chose to ignore it since they know that it's just a matter of time before hockey skates away from Music City.

Either way, this is a bad deal for fans and it's just another example of how some owners could care less about anything except their own bottom line. Just like the situation with the Seattle Supersonics, these sports leagues know exactly who they are dealing with and they do nothing to stop these teams from moving or insure their survival in their existing cities.

These leagues need to stop playing Charlie Brown with the fans' emotions and start showing a real committment before people stop paying to watch their product.

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2 Comments

dude look like he is in the mob

It is a good old boys leagues. if that was a black man it would have been a totally different story

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About this Entry

This page contains a single entry by Frank Smith published on July 17, 2008 10:38 AM.

Jennings to play in Rome, not Arizona was the previous entry in this blog.

Here's a story on a man named Brady is the next entry in this blog.

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