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Originally Posted by Tsawwassen
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From that link:
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The NHL presented a bill to Glendale on Tuesday for the $25-million and demanded payment by Monday. The Coyotes’ total losses for the 2010-11 season were $36.6-million.
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Oh geez, that is not going to go over well with the GWI... the whole Bond Principle + Interest for the parking rights is debateable but I see no way that the $25M to cover losses can't be considered a gift.