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Quebec losing its franchise is one of the greatest NHL injustices in the history of the league. Le Colissee was sold out even in the 6-win campaign seasons. The Nordiques moved to Denver right when they became an elite team for years after trading for Patrick Roy. I'll be excited to see a team back in Quebec. To be honest, I feel that Quebec should have gotten a team back before Winnipeg but whatever - at least Canada is being properly replenished with franchises.
I think Quebec will get a team, but I think the NHL is still scared of the loonie and its ties to volatile oil markets. Right now, the loonie is @ 75 cents to the American dollar. So 1.00 US dollar is now 1.33 Canadian.
http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=CAD
All NHL players salaries are in US dollars, so a good chunk of the NHL budget for Canadian teams is paid in US dollars.
Plus the 500 million expansion fee is now 640 million Canadian.
I know quebecor will probably have no problem paying it, but I could see the NHL being reserved about a mostly French speaking region even smaller than Hartford.
I think a return to Hartford would "grow the game" more than returning to Quebec.
In all 50'us states, I think Americans would be happier to see the whale return compared to the nordiques. Just my biased opinion