Shouldn’t Balsillie own the team first?

From TSN:

Jim Balsillie has announced the renovation plans for Hamilton’s Copps Coliseum.

The project would see the arena updated with fan friendly features, new restaurants, food and bar amenities and a capacity for over 18,000. According to a media release, the update would also fully address all of the National Hockey League’s previously stated requirements for Copps Coliseum.

via tsn. Photo: Veritas Communications

“A new team for the best new hockey market deserves spectacular new home ice, and that’s exactly what the upgraded Copps Coliseum would offer,” said Balsillie in the release. “This facility will deliver unparalleled excitement and bring fans closer than ever to the action.”

Read the entire article here.

Has anyone ever put the cart this far before the horse before? Honestly.  If Balsillie wins the case and it isn’t overturned on appeal, then he can announce these plans.  But, c’mon, this is way, way too early.