No most NHL teams aren't teetering on the brink of bankrupcy. Most are rock solid. The NHL's problem is they have an idiot for a commissionaire who thought he'd take hockey from Canada to the Sunbelt. Teams in Atlanta, Florida,, Nashville and Phoenix are in trouble all the time but the rest seem ok. There are individual teams that could be successful given proper ownership and a new arena (Islanders) but there are a team or two like that in every sport. The fact of the matter is you could move 2 more teams to southern Ontario and sell out nightly. A team would do great in Seattle as well and possibly Portland. The idiot in charge though doesn't want to move franchises so they continue to pull hockey down and give it a bad name. There is talk of bringing franchises back to Winnipeg and Quebec City. Neither centre is large enough to support a team long term which is why they left in the first place. Again an idiot in charge.