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Originally Posted by Jordan!
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HockeyNews versus a click bait fan site? I'll take the HockeyNews word for it thanks.
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There is a process to be respectful of, and from what I've heard locally.. take it for what it's worth to you. I really don't care, he created Player 15 to acquire MAJOR sports franchises - not just to contain the Suns/Merc/G-League. You do understand he was VERY close to buying the Denver Broncos right? He's not just a "basketball" guy.
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That was before he got the Suns. And let's not get crazy here. He wasn't VERY close. His group was one of five groups who made it through the bid evaluation process.
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-The lease with the City of Phoenix expires in 2037, he will want to be in a new building by then.
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That is 13 years from now.
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-It will be more beneficial to house 2 major teams in a new building
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That's your opinion, not a fact. There are all sorts of teams that have only one team in their building.
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-Renovations to accommodate the Coyotes is not a deal breaker, ice plant and locker room space will need to be built out - they can continue to play at mullett arena if needed until that's done
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Where do these spaces magically appear? Who is paying for them? It's not Ishbia's building. He can't just arbitrarily make structural changes to a building he doesn't own. City of Phoenix paid for approved the last renovations which resulted in a 1% tax hike on hotels and 2% tax hike on rental cars. They relocated the practice facility in favor of more revenue generating opportunities within the building and paid significant money to do so. Is the City of Phoenix going to okay this, in this political climate? I would call this a deal breaker as it not only impacts possible revenue streams but also tax agreements.
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-The Coyotes will be cheaper if acquired at a discount from the NHL versus a future expansion or an expansion in another market
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This is now the NHL's team to sell? I thought it was Meruelo's? It will only become the NHL's again if they revoke the franchise from him and it doesn't seem like they're prepared to do that.
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Bettman and the NHL are allowing Alex Meruelo to complete his deal but this is the plan B that will take place.
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They will search for prospective owners, but the building issue is a massive part of the problem. If the Coyotes ownership had just paid their bills they would still be in a viable building with time to make all the appropriate moves to secure a new location. I don't see anyone stepping up to buy the Coyotes without the arena issue being resolved. Footprint Center is not the solution.
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Relocation out of Market is plan C
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I think we're already at plan V or W for this franchise. The best thing possible is relocation while the market chaos cools, a new arena is built, and an expansion team with a no baggage is brought back to the market.
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If you're referencing Seravalli's article then yeah, he has no interest - Publicly... He is being respectful to the NHL's process. Seravalli is also doing anything he can to throw out torpedo's to this market in AZ.
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No body is trying to torpedo the market in Arizona except the Arizona Coyotes and the owners. Seravelli reports what he hears and this is consistent with the political and economic landscape of the region. You didn't have a clue about the Tempe situation and you tried to will that into being. You're doing the same here. This is so complex and messy the league should be looking for an exit strategy not trying to string this along.