February 12, 1938 |
Vancouver, British Columbia, Canada
|Alma mater||University of British Columbia
California Institute of Technology
|Occupation||Businessman, Sports Franchise Owner, Engineer|
Nelson M. Skalbania (born February 12, 1938) is a businessman from Vancouver, British Columbia known for high-profile flipping of real estate and sports teams, eventually going into bankruptcy in 1982. In December 1998, Nelson Skalbania was put in jail for a 12 months sentence for theft; he illegally used money from an investor to cover debts in his real estate firm.
In 1961, Skalbania received his Bachelor of Applied Science degree from UBC, then received his Professional Engineer (P.Eng.) designation in 1962 and a Master of Science in Chemical Engineering in1964 from the California Institute of Technology (Caltech).
President and majority owner of McKenzie Snowball & Skalbania, consulting engineers from 1971. Skalbania closed the practice in 1981 before going into bankruptcy.
Active in flipping real estate, including:
- Bought and sold property from Genstar and 31 Eaton's properties/stores across Canada
- Bought and sold Omni Complex in Atlanta, Georgia, Circus World in Orlando, and Opera Square, San Francisco
- Bought and sold Watergate Apartments, Oakland, California.
Skalbania bought and sold or folded several sports teams, including:
- Bought and sold the Edmonton Oilers and Indianapolis Racers of the WHA.
- Bought and folded the Montreal Alouettes of the Canadian Football League. Fans were infuriated by his remarks "It's not like I raped a nun."
- Bought and sold the Memphis Rogues of the North American Soccer League.
- Bought and sold the Vancouver Canadians baseball team.
- Bought the BC Lions of the CFL in 1996, but was forced into receivership.