Chris Murphy: “Black Bear ownership's roots are in private equity.”

“They don't just own the league, they own many of the rinks that the games are played in. Black Bear ownership's roots are in private equity. They see my son's hockey experience as a chance to make a massive amount of money. They aren't trying to optimize the kids experience or the family's experience.” (01:44–01:48)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.