But, as someone who wants Quebec back in the league, I want that team to be successful. On June 1, 2011, the
Winnipeg Jets bought the Atlanta Thrashers for $170M. That day, the Canadian dollar was slightly more valuable than the American version, at $1.029. Now, it’s at $0.752.
Remember all of the hand-wringing about going back to Winnipeg? (Was there enough corporate support, etc. etc.?) Well, Quebec City is looking at an expansion fee of almost $670M (CAD) — almost four times what the Manitoba capital had to pay.