Bloody Brian Burke
#1 CFL Fan!
a straight out expansion fee for a new Toronto franchise would probably be 1 bill
I think that might be the floor in terms of a possible expansion fee. Combined with arena in the city or immediate suburbs, this could be a $2 billion proposition by the time everything is said and done.
It's weird, though. There are a lot of transplants from other cities who might latch onto a 2nd Toronto team just purely out of their hatred for anything Leafs, but the Leafs could (and probably will) be god-awful for another 20 years, and if there is a second franchise here I still couldn't see myself changing allegiances.
I suppose if a second team were successful on the ice they could sway the youngsters, but I don't see many Leaf die-hards changing teams.