I think all along COG's goal was to force IA to the table for re-negotiation. I assume they would accept a lease that paid IA $7.5 M rather than $15 M annually. Can IA operate at that amount? How confident are they that they can enforce the existing lease?
City Attorney Michael Bailey said late Tuesday that the city was not going to "litigate in the press" but it will be releasing more information to bolster its conflict-of-interest allegations.
http://www.azcentral.com/story/news/...push/28795287/
Why would IA want to stay in AZ, when they can make a $200 M profit right now? The answer could be that IA are just dummy custodial owners, and it is the NHL that is really calling the shots (and they want to be in AZ for TV deal reasons).