Vincent Viola, whose high-frequency trading firm plans to raise millions of dollars in an initial public offering next month, is seeking tax dollars to help cover the bills for the Florida Panthers hockey team he bought six months ago.
The worst showing by Canadian hockey teams in 41 years isn’t just a downer for fans. It means lost revenue for BCE Inc. and other media companies that are spending at least C$6.5 billion ($5.9 billion) on teams and broadcast rights to profit from the country’s national obsession.
A decision on whether National Hockey League players will participate in the 2018 Winter Olympics in Pyeongchang, South Korea, could come within the next six months, NHL Commissioner Gary Bettman said today.
Canada had just defeated the U.S. 1-0 to reach the gold-medal game in men’s hockey, and players quickly refocused on their real goal in Sochi -- becoming the first nation in 22 years to retain an Olympic championship.