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troutman · 05-05-2011, 10:21 AM

The end of Coyotes saga could be near
Glendale may vote on NHL's offer Tuesday
http://www.winnipegfreepress.com/bre...121305474.html

Goldwater attorney Nick Dranias says he'd be surprised if a new deal will be viewed as legal by his group.

"Well, the bottom line for us is that the money flowing from the city cannot be grossly disproportionate to the money flowing back. If the NHL provides seller financing by cutting its price substantially and/or spreading purchase payments over the term of the lease, if the city cuts its contribution substantially, if the management fee is reduced to cover primarily operating expenses that would otherwise be born by the city, and if Hulsizer guarantees revenue flows to the city backed by something more than a promise from a shell entity, then it is conceivable the deal could pass constitutional muster," Dranias told the Free Press in an email. "I'm not holding my breath because if they had a deal that was constitutional, I think they would have shared it with us already."

05-05-2011, 10:21 AM	#1987
troutman Unfrozen Caveman Lawyer Join Date: Oct 2002 Location: Crowsnest Pass Exp:	The end of Coyotes saga could be near Glendale may vote on NHL's offer Tuesday http://www.winnipegfreepress.com/bre...121305474.html Goldwater attorney Nick Dranias says he'd be surprised if a new deal will be viewed as legal by his group. "Well, the bottom line for us is that the money flowing from the city cannot be grossly disproportionate to the money flowing back. If the NHL provides seller financing by cutting its price substantially and/or spreading purchase payments over the term of the lease, if the city cuts its contribution substantially, if the management fee is reduced to cover primarily operating expenses that would otherwise be born by the city, and if Hulsizer guarantees revenue flows to the city backed by something more than a promise from a shell entity, then it is conceivable the deal could pass constitutional muster," Dranias told the Free Press in an email. "I'm not holding my breath because if they had a deal that was constitutional, I think they would have shared it with us already."