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Old 04-18-2012, 09:39 AM   #449
troutman
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http://www.bizjournals.com/phoenix/n...ve.html?page=3

The biggest potential legal challenge for a Coyotes deal will likely be how the city crafts an arena management fee. Right now, Glendale pays the NHL $25 million annually to run city-owned Jobing.com Arena.

Everyone and their Canadian brother know that it doesn’t cost $25 million to run the arena, and the money is really to help cover the Coyotes’ losses.

Goldwater hasn’t challenged those two $25 million fees but could go after a Jamison deal if the deal raises the group’s gift clause ire.

Look for Glendale and the NHL to try to craft an arena management fee deal that helps get a deal done but avoids the courtroom.


I have been asked what I think will happen - I have no idea.
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