The Florida Panthers may be getting a new owner, but likely not a new home.
The public company Sports Properties Acquisitions Corp. is in talks to purchase the Panthers and the rights to run the BankAtlantic Center and surrounding properties for a reported $230-$240 million. But unless the new ownership group is willing to pay Broward County the remaining debt for building and improving the arena - another $182 million - they are locked into a lease that will keep them put for the next 20 years.
read more