Quote:
Originally Posted by powderjunkie
Is there really a business case for a third big arena in PHX?
In Miami, the Heat and Panthers arenas are 35 miles apart.
Glendale to Tempe spot is only 26 miles, with the Suns arena in the middle (18 and 10 miles away respectively). Won't the arenas just undercut each other for non-sports events?
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I believe this is exactly why Glendale did what they did. They recognize that they'd be the third choice in a market that can probably realistically support 2 large arenas. So, I think their goal is to do whatever they can to make sure the arena in Tempe doesn't get built.
They would have been willing to sign a long-term lease with the Coyotes to keep them in the arena, which would have led to the Coyotes dropping the Tempe plans. Failing that (which seems to be what happened), they would most-likely just want to see the Coyotes leave town, which would also likely kill the Tempe arena deal.