These Boots were made for pleadin’

By Geert De Lombaerde Posted on January 29, 2009 at 10:39 pm

The Contra Costa Times says Predators part-owner Boots Del Biaggio will plead guilty next week to some of the fraud charges facing him.

In the federal criminal case, Boots Del Biaggio is accused of using phony collateral to obtain $48 million in loans and $54.9 million in loan guarantees, most reportedly to buy an interest in the Nashville Predators hockey franchise. The single criminal count carries a maximum 25-year prison sentence, although a lighter sentence is expected as part of the plea deal.

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Tags: California, fraud, litigation, Nashville Predators, sports business, William J. 'Boots' Del Biaggio III  

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