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Old 06-02-2015, 06:30 PM   #146
Resolute 14
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http://www.sportsnet.ca/hockey/nhl/g...-from-coyotes/

Quote:
LeBlanc strongly disputes recent reports that the team may have violated its management agreement -- "We have never ever been notified in any capacity by city council or administration that they feel there's been any form of violation, not once" -- and says majority owner Anthony Barroway will meet mayor Jerry Weiers this week "just so everyone knows that everything's good."
Also...

Quote:
An improved financial picture for the Arizona Coyotes will see the city of Glendale receive a “17 per cent” increase in the revenue it receives from the NHL team and its arena operation this year, according to co-owner, president and CEO Anthony LeBlanc.
That 17% increase, according to LeBlanc, means the team is giving between $7-8 million back to the city vs. $6-7 million last year.

And:

Quote:
"Our (2013-14) losses have been reported at $34-million, but our view of the operating losses, when you subtract those two items [Ribiero buy-out and closing costs of sale of team], our losses for the first year were sub $20-million," said LeBlanc. "Our losses for next year are going to be substantially less than the number being reported for this year, the year we're in right now.
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