Prospective Bids For The St. Louis Blues Due Today, August 22nd

The bids from the buyers interested in purchasing the St. Louis Blues are all due today to Dave Checketts and Game Plan, LLC. As mentioned before, nine process letters were sent to interested parties informing them that the 22nd was the date that their bids needed to be in in for review. 

Someone who will not be submitting a bid for the team is Matthew Hulsizer, the businessman who was previously interested (and declined to) purchase the Phoenix CoyotesAndy Strickland has mentioned that he won’t be submitting a bid, yet if none of the bids submitted today are to Checketts’ liking, Checketts can still exercise the option to send Hulsizer an offer on the team.

The Blues, who are for sale along with their AHL affiliate Peoria Rivermen, the lease terms to the Scottrade Center, and possibly the Peabody Opera House, are expected to fetch around $200 million. Hulsizer wanted public assistance to purchase the Coyotes when their listing price was cheaper and included fewer properties.

 

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