Ryan Malone

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Small Balls: Thursday June 19, 2008

La première étoile: Daryl Katz. After several failed bids, the billionaire finally received approval from the NHL board of governors yesterday to buy his hometown Edmonton Oilers for a cool $200 million. That’s chump change for a guy who is worth $2.4 billion and runs his family’s pharmaceutical empire. He has indicated that he will spend any amount of money to ensure that the team wins, and has already pledged $100 million for the construction of a new arena. Katz is primed to bring the Oilers back to their glory days. Thank God.