“No quick fix for new U.S. owner of Canadians,” written by Kevin Allen of the USA TODAY, is about the Montreal Canadians hockey team being sold to a U.S. businessman. George Gillett, the businessman who has currently bought the Montreal Canadians, is former owner of the Harlem Globetrotters. The first thing that George Gillett said is there are no thoughts of moving the team anywhere. George Gillett bought 80.1% of the Montreal Canadians plus …showed first 75 words of 461 total…

…showed last 75 words of 461 total…Centre for only 183 million. He bought these two things for a lot less than the estimated selling price. The author also talks about how when a great franchise such as the Montreal Canadians is up for sell, by buying that great franchise your expected return when you sell the team is that much greater than buying any other franchise. When buying great franchises, the return that is made by the owner is always very large.