Just when Predators fans were settling in for a comfortable summer of franchise building under stable, mostly local ownership, a scandal appears to be unwinding around William "Boots" Del Biaggio, the second-largest member of Predators Holdings LLC , the group that collectively owns the team. First, word broke that Del Biaggio is being sued for obtaining a $3 million loan using a securities account as collateral that, in fact, wasn't his. The SEC is also apparently investigating. Here's one distressing snippet from that article: "he failed to make payment at the end of last month, citing significant financial and other problems." For someone who is such a key portion of the Nashville ownership, not being in position to make payment on a $3 million loan is a matter of gigantic concern. Then there's also the news that Boots resigned from Sand Hill Capital , the firm he cofounded, for "personal reasons." Hardly a good sign, that. This evening,...
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