Swindled

96. The Islanders (John Spano)

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Jun 6, 2023
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ANECDOTE

Failed Sale and Relocation Attempt

  • Craig Leopold bought the Nashville Predators, but struggled with low revenue and fan interest.
  • He attempted to sell the team to Jim Balsillie, who planned to relocate it, causing Leopold to cancel the deal.
ANECDOTE

Fan Campaign Saves Team

  • Fans launched the "Our Team Nashville" campaign to boost ticket sales and demonstrate local support.
  • This successful campaign made it difficult for any new owner to relocate the team.
ANECDOTE

Del Biaggio's Fraud

  • William "Boots" Del Biaggio, a venture capitalist, bought a stake in the Predators using fraudulent financial statements.
  • He obtained loans using forged documents and was later sentenced to prison for his scheme.
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