Quote:
Originally Posted by Calgary4LIfe
Great news! Too much public money was funneled into that team for far too long in the last years just trying to keep the team there. I hope this is the start of their turnaround into being a profitable franchise. Stable ownership is the most important aspect to a team, and I hope this ownership group has the will to win (which will attract more support over the years).
Seattle, Portland, Quebec, Hamilton and whatever other cities that have been rumored about acquiring an NHL franchise will eventually get one either through expansion or through failed markets elsewhere over the years. Really hoping they can make this a successful organization now - the taxpayers from Glendale deserve that.
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Glendale is still funnelling money to the Coyotes to the tune of $15M per year in their arena lease deal although they may recoup some in other revenue streams.