Truth & Rumors > NHL
Owner facing fraud charges pays for Wild signings
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09:45 AM ET 07.22 | Phil Falcone, the billionaire hedge fund manager who has been charged with fraud by the U.S. Securities and Exchange Commission -- and who owns nearly 40 percent of the Wild, has been asked by Wild owner Craig Leipold for additional cash to help pay for the recent signing bonuses ($10 million each) of Suter and Zach Parise. Falcone, excited for the Wild's free-agent acquisitions of Suter and Parise and happy that Sheehy is representing Suter, plans to assist with the bonuses.
Ryan Suter, Zach Parise, Icon SMI
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Comments (16) Add A Comment
Stealing From Peter To Pay Paul, Bro?
I Love LA
Total Comments (5564)
Reminds me of the good old days when I
HungLikeAThief
Total Comments (1978)
oops..........used to kyte checques.
HungLikeAThief
Total Comments (1978)
Or from the poor to pay the rich?
shiprock
Total Comments (11459)
Owner facing fraud charges pays for Wild signings.
These massive contracts teams are signing nowadays are frauds...judging by what they are paying decent players, Mike Bossy would have made about $22 million per year in todays market!
Golden Bay
Total Comments (3923)
Michael Jordan made $93.7 million in his entire career. Gretzky made $80 mil, I believe. Inflation and increased revenues aside, it's unbelievable that Shea Weber, with his two Norris Trophy nominations, 3 All-Star appearances, and multiple 1st/2nd round playoff exits, will make more in 10 years than either of those two.
dannylimes
Toronto, ON
Total Comments (8008)
Phil Falcone .... has been asked by Wild owner Craig Leipold for additional cash to help pay for the recent signing bonuses ($10 million each) of Suter and Zach Parise.
And .... here we go! Let the crying and whining about money begin! The owners are victims of their own stupidity. They have no one to blame but themselves and will get no sympathy from me whatsoever.
roamer
Total Comments (9461)
Save the cap!
Burgh-Fan
Total Comments (5027)
Why?
Buc Fettman
Total Comments (1825)
Too late, the trade is already losing it's fizz.
shiprock
Total Comments (11459)
Because without it the Wild wouldn't have had a shot at either one of those guys, let alone both. They would have gone to a big market team.
Burgh-Fan
Total Comments (5027)
here here
Swamp Dragon
Total Comments (13754)
Lower the Cap !!!!!!!
Harry Crack
Total Comments (7107)
You part of the ownership consortium up there HC ?!?!
Swamp Dragon
Total Comments (13754)
Fixed
Swamp Dragon
Total Comments (13754)
so after the owner/hedge manager signs the SEC paperwork - "here's 40 mil in fines but i didn't do anything wrong" will the SEC come after parise and suter to regain some the of lost investors money too?
Krunchy
Long Island, NY
Total Comments (144)
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