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The Edmonton Oilers would not be at the RBC Center today competing against the Carolina Hurricanes for the Stanley Cup — and might not exist at all — if not for a stubborn man who would not let go of the team that had put Edmonton on the map in the 1980s and made it something more than a second-rate oil town.
With owner Peter Pocklington's finances in shambles and an offer on the table from Houston Rockets owner Les Alexander to buy the Oilers and take them to Texas, Cal Nichols cobbled together a group that gazed into a money pit for nearly eight years. No step was easy or sure, and the group still has $30 million in debt.
With owner Peter Pocklington's finances in shambles and an offer on the table from Houston Rockets owner Les Alexander to buy the Oilers and take them to Texas, Cal Nichols cobbled together a group that gazed into a money pit for nearly eight years. No step was easy or sure, and the group still has $30 million in debt.
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