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Koules' silence amplifies trepidation
By Damian Cristodero, Times Staff Writer
Published March 9, 2008
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Oren Koules was asked by NHL brass to stay mum, but that does nothing for nervous fans.
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[Ken Helle | Times]
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Hey, Oren, are you there?
I've called. I've e-mailed. I've sent interview requests through Bill Wickett, the Lightning's executive vice president for communications.
The response? The timing isn't right; perhaps in the near future.
Oren, of course, is Oren Koules, the Hollywood producer who heads OK Hockey, which is trying to buy the Lightning, the St. Pete Times Forum lease and 5 1/2 nearby acres in Tampa from Palace Sports & Entertainment for $200-million.
Nice guy, from what I could tell from the few moments I have spent with him since he was introduced in August as part of Absolute Hockey Enterprises, the doomed-from-the-start enterprise that tried to buy the team last year.
I also like his Saw movies; gruesome but compelling, nonetheless.
What I can't get my head around, though, is why Koules, 47, hasn't spoken publicly about buying the team, not just to me or any reporter for that matter but to the players and fans.
NHL commissioner Gary Bettman has asked Koules to lay low until the sale is final. And Lightning president Ron Campbell predicted Koules will be tons of fun when finally turned loose.
Seems to me, though, if someone wants your trust to run the team, and is asking for ticket and concession money to support it, he should explain a few things up front.
Seems to me, if someone already is kind of in charge (Koules was an important voice in decisions to trade Brad Richards and re-sign Dan Boyle), he should be part of the conversation.
Here are a few things I'd like to know. Perhaps you would, too:
- If Koules buys the team, will he keep it in Tampa for the foreseeable future? We know Las Vegas wants a franchise, and that town is much nearer Koules' home base of Los Angeles. Why wouldn't we wonder about his intentions?
- Will he try to sign star Vinny Lecavalier to a long-term contract? We've heard through general manager Jay Feaster he will. It would be more convincing coming from the guy who will spend the money.
- Is Len Barrie part of OK Hockey? The former NHL player made a fortune developing a resort community on British Columbia's Vancouver Island. The Globe and Mail newspaper speculated he could own up to 47 percent of the team. The Times-Colonist in Victoria, British Columbia, quoted Barrie as saying, "I would be looking for equal control."
At the very least, the Times-Colonist reported, Barrie could invest $20-million, $15-million of which could go to purchase the 5 1/2 acres.
Barrie, too, hasn't returned phone messages left with the Victoria Grizzlies, the junior team he owns, or with Bear Mountain Resort.
- How has the worldwide credit crunch hampered Koules' effort to get financing? We know he lost a loan worth up to $110-million when France's second-largest bank, Societe Generale, closed its U.S. sports-lending business.
- Is Koules confident he will get replacement financing and close the deal by a late May deadline? Does he intend to increase payroll from this season's $44-million?
- Does he want to win?
This isn't forcing Koules to make commitments he can't keep. After months of due diligence, he knows the lay of the land.
I understand Koules is following Bettman's orders. That keeps him on the commissioner's good side. But it does nothing to connect with the people who cheer and cry for this franchise and are, through ticket sales, the team's primary source of income.
A few words from either would go a long way to calm jitters and speculation about the team's future. So far, we've heard nothing.
What does that say?
Damian Cristodero can be reached at cristodero@sptimes.com
[Last modified March 9, 2008, 10:23:15]
Share your thoughts on this story
Comments on this article
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by Woody
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03/11/08 04:00 PM
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Do I see Doug MacLean in the shadows? I hope not. That would be the final nail!
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by Pete
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03/10/08 08:29 AM
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When my season ticket invoice for next season comes in the next few weeks I will answer with the same silence. I'm not going to hand over any $'s until I know what the plan is.
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by Oren
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03/09/08 06:37 PM
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No Comment!
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by Patrick
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03/09/08 04:08 PM
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I want to know that Mr. Koules is planning to approach the salary cap before I even begin planning my yearly trip back to Tampa. Here's hoping we know something by the time the new schedule is out.
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by Eric
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03/09/08 02:22 PM
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My personal thoughts is this is a poor ownership group that doesn't have it together. I think it will take us backwards rather than looking to any future. I would expect some more payroll cuts to come if this financially unstable group succeeds.
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by TL
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03/09/08 12:39 PM
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good questions. glad they're finally being asked. will this be the article that we look back on while watching a team from las vegas on our center ice package in 5 years?
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by chris
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03/09/08 10:32 AM
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Oren if you are reading this please post 250 characters or less. Oren are you out there ????
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by Oscar
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03/09/08 09:35 AM
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I'll tell you what it says. It says he's so close to having this dream of his go poof!, he doesn't want to jinx it by saying anything. If he won't spend to 90% of the cap, then I say, "JINXJINXJINXJINXJINX. JIIINNXX!!"
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by Ray
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03/09/08 08:50 AM
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While the Maloofs were kicking the tires, the Lightning went downhill and nearly went under. Koules is no different and he either ought to write the $200 Million check or get out.
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by Mike
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03/09/08 08:38 AM
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Excellent questions that the fans need answers to now.
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by Bob
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03/09/08 02:25 AM
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Thank you Damian for asking these questions in print. Hello? Oren? Are you there??
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by Ron
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03/08/08 11:31 PM
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Excellent, in-depth and penetrating reporting Cristodero. Please follow up on these questions... You're our only link with the powers that be (or be not) and which we know sooooo little about!
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