[troutman]

Originally Posted by tjinaz

For $500mil against GWI.

Interesting that GWI actually sent letters to brokerage houses.

http://www.azcentral.com/community/g...-suit0306.html

The city is expected to sue for significant damages, a source close to the deal said, potentially as much as $500 million, the amount of economic impact Glendale estimates it would lose if the NHL team left for Canada. It could name members of the Goldwater board individually.

Such claims are dubious. I think Winnipeg discovered the economic impact of the Jets leaving was minimal. Entertainment $/taxes/jobs just get shifted elsewhere in the community.