The philanthropic owner of the Edmonton Oilers is doing well to put the city of Hamilton out of its misery.
The general consensus seems to be that Katz is attempting to either strong arm the city of Edmonton into helping them build a new arena or to "control the potential arrival of a relocated or expansion NHL team."
The idea that Katz wants a bargaining chip with Edmonton is pretty damn laughable, and Edmonton City Council should be able to see right through it.
The way the NHL is today, neither Copps or Rexall should fit a team. It's a dissapointing reality. Even the Flames, who reside in a Pengrowth Saddledome that fits 19,000 people, are looking for a new place to not play hockey past April.
So if Katz is using this as a means to persuade Edmonton into buying him a lot (or part of the purchase price) for a new arena, it comes across as pretty thin. Mostly, this is something that Katz is likely using to stimulate discussion amongst Edmonton fans, with a renewed optimism and faith in the franchise thanks to Taylor Hall.
This gives me the idea to copyright the phrase "The House That Hall Built" so I can see some royalties in a few years when it eventually happens.