This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Cities Abandoned By Professional Sports

Quebec City

Don't judge Quebec too harshly for building an NHL-caliber arena and wishing for one of the current franchises to fail. Back in 1995, its beloved Nordiques were being coveted by every town in need of a team.

This team was in a small market, but, man, was it stacked with talent. After bumbling its way through much of the 1980s and early 1990s, the Nordiques capitalized on their futility by drafting top-line players including Joe Sakic, Mats Sundin and Owen Nolan. In 1991, it had the great fortune of landing the No. 1 overall pick just in time to pick up highly touted junior hockey star Eric Lindros. The only problem with selecting the player widely considered to be a brawnier Wayne Gretzky was that Lindros made it clear he had no intention of playing in Quebec City on such a horrible team.

The Nordiques saw an opportunity and, in 1992, traded Lindros to the Philadelphia Flyers for Peter Forsberg, Mike Ricci, several other players, two first-round draft picks and "future considerations." The Nordiques used one of the picks on goaltender Jocelyn Thibault and traded some of the spare-parts players for another first-round pick that turned into forward Adam Deadmarsh.

That team was set for a deep run to the Stanley Cup Finals, but not in Quebec. Cash-strapped and strained by a then-weak Canadian dollar, the Nordiques were sold to a group in Denver in 1995 and renamed the Colorado Avalanche. That franchise would trade Thibault for Hall of Fame goalie Patrick Roy, win a Stanley Cup during its first season in the league and add another to the trophy case in 2001. Forsberg turned into a franchise player, Ricci and Deadmarsh were both cornerstones and Roy is the Avalanche's head coach.

Did it have to happen? Unfortunately, yes. Given the economic conditions at the time, just about every Canadian team was struggling and several were in serious jeopardy. The Calgary Flames, Edmonton Oilers and even the revived Ottawa Senators all felt the strain, while Winnipeg buckled and lost its franchise to Phoenix in 1996. While Canada and Winnipeg eventually recovered nicely, Quebec has started pressing for the return of its beloved Nordiques -- and doesn't seem too particular about how they get there.
3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.87 -0.33%
FB $117.86 0.37%
GOOG $695.14 0.40%
TSLA $231.97 -0.15%
YHOO $35.95 -0.17%


Chart of I:DJI
DOW 17,712.69 -38.22 -0.22%
S&P 500 2,055.19 -8.18 -0.40%
NASDAQ 4,746.5220 -16.7020 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs