Summer Shorts: By George, He's At It Again

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Summer Shorts: By George, He's At It Again

By Craig Altschul
July 13, 2009

A deal is in the works for George Gillett - he of Vail and, later, Booth Creek fame - to sell his Montreal Canadiens National Hockey League team and the Bell Center where it plays - for more than $500 million, according to a recent front page story in Sports Business Journal. He reportedly paid $232 million to acquire the icon properties in 2001.

Gillett, an American, also owns Richard Petty Motorsports NASCAR team, and is a co-owner of Liverpool, F.C., a football club (aka: soccer team) in the English Premier League. The Journal suggests that "debts from his sports ventures has him open to offers" for the Canadiens and "the sale would be a huge victory for Gillett." Hmmm. George seldom strays far from ice and snow, and Stowe is in the neighborhood and most definitely for sale.

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Comments

	Huh?!?.....George made his original money (after the family business)in television stations in Tenn., if memory serves me correctly......no snow there........he makes it wherever it works....and it usually does!!....Tony
	Posted by: Tony Furman \| July 13, 2009 09:04 AM

	Stowe could do a lot worse than having Sir George at the helm.
	Posted by: Hunter Gatherer \| July 13, 2009 12:32 PM