Claiming to have lost more than $2-million over six years as owner, Elliott Kerr is now weighing offers to relocate or sell the Mississauga Steelheads, the last Ontario Hockey League franchise left standing in the heart of the Greater Toronto Area.



Speaking hours before the team hosted the Barrie Colts in Game 3 of their first-round playoff series on Tuesday night, Kerr said selling or moving the Steelheads were his “last resorts,” to be explored in case negotiations for a new arena lease broke down with the city.



“I'm prepared to do this, but I'm not doing it as an individual anymore: We've got to do this as a team,” he said. “Otherwise, the team will leave. It will have to go. And I'll have to sell it or move it. But do I have any interest in owning a team that's not here? Actually, no.”



What are his options, he asked.



“I sell it or move it,” he said. “I'm not prepared to continue to lose the...