Bankruptcy in Ottawa and Buffalo Resonates Through League

Via: New York Times

'The league granted another extension last week to Mark Hamister, who leads a group trying to assume control of the Sabres. Hamister is offering $33 million in cash and assumption of $7 million in debt to buy a team that was recently valued by Forbes magazine at $92 million. If McKee and two teammates are not paid money due them, they can file a grievance and seek free agency. "It's not something I want to do right now," McKee said. "Down the road, if it looks like the money isn't going to be given to us, that might be the only option."'