Blues Valued at 165 Million

Bill Reker

ST. LOUIS (KMOX) – The Blues are for sale, but for how much and who might buy?

Webster University Sports Economist Patrick Rishe thinks the 165-million dollar team value reported by Forbes is a little high for an asking price in this economy.  He says even at a lesser amount, this sale wont be quick:

“I have a feeling this will probably go unresolved maybe as long as into the next hockey season” Professor Rishe told KMOX News.

Professor Rishe says a buyer would likely keep the team in St. Louis.  He says the team has a good fan base and there is no real alternative market.   He says it could well be a group of local business people who may purchase the Blues.

Copyright KMOX Radio

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