The Ongoing Coyotes Sale Thread

[fokkerfan]

What time is the COG meeting, and can you watch it live?

[troutman]

http://www.ci.glendale.az.us/clerk/a...das/050311.pdf

I think you can watch here (2:30 pm MDT ?):

http://glendale-az.granicus.com/Medi...p?publish_id=4

[Resolute 14]

Originally Posted by JBR

Thanks PegCity for the non-opinionated reply. My guess is that this payment has no effect either way on any proposed shady refinancing (lipstick on the gift-clause pig) deal?

None, except for the fact that the CoG is now $25 million in the hole on the Coyotes, which could lead them down Bouw's suggested path of fighting harder to keep the team.

The $25 million was guaranteed before last year to satisfy a league demand. Theoretically, if the city didn't agree to cover losses, the league would have relocated the team prior to this season. It was a separate deal to the Hulsizer purchase, though Hulsizer has offered to pay the city back if the sale should go through.

[Underdog]

After everything we've heard lately, Winnipegers should now be hoping the Coyotes stay right where they are. The Thrashers are a far better team to be acquiring.

[Parallex]

Originally Posted by Underdog

After everything we've heard lately, Winnipegers should now be hoping the Coyotes stay right where they are. The Thrashers are a far better team to be acquiring.

I wouldn't say that they're "better" I think Phoenix is the better club right now but Atlanta is more exciting... and as a Flames fan I like the thought of Byfuglian sticking his ass in Luongo's face way more often then he did with Chicago and the prospect of maybe forcing Detroit to the East.

[landshark]

"...maybe forcing Detroit to the East"

o god, could you IMAGE? Wings would have 130 points...

[CrazyCaper]

TSN is reporting that the City of Glendale has paid the $25M bill issued by the NHL late last week:

http://www.tsn.ca/nhl/story/?id=364482

[troutman]

2-year battle for Phoenix Coyotes drags on in Glendale
http://www.azcentral.com/community/g...niversary.html


Loss of Coyotes would negatively impact all
http://www.azcentral.com/members/Blo...yVoices/127227

We are at a crossroads with the Coyotes. No matter what your thoughts about whether we should be at this crossroads, it's time for all residents of the Valley to voice their support for Glendale's efforts to retain the team. Westgate and Glendale need the team to stay. The West Valley needs the team to stay. Arizona needs the team to stay.

Thomas L. Schoaf is mayor of Litchfield Park.

[Underdog]

Originally Posted by Parallex

I wouldn't say that they're "better" I think Phoenix is the better club right now but Atlanta is more exciting... and as a Flames fan I like the thought of Byfuglian sticking his ass in Luongo's face way more often then he did with Chicago and the prospect of maybe forcing Detroit to the East.

They're "better" because they have plenty of young talent under contract, unlike the Yotes.

[dissentowner]

Originally Posted by Underdog

They're "better" because they have plenty of young talent under contract, unlike the Yotes.

Dude, I am on the side of the Yotes moving but that statement is so untrue.
The Yotes have more young talent coming up and in the system than the Thrashers.

[Underdog]

Originally Posted by dissentowner

Dude, I am on the side of the Yotes moving but that statement is so untrue.
The Yotes have more young talent coming up and in the system than the Thrashers.

I'm talking current talent, not potential. Guys like Bagosian, Byfuglien, Enstrom, Kane, Ladd, Pavelec, Wheeler, etc. Plus they're a team that would actually come with a Goalie and a Captain.

[hwy19man]

Originally Posted by CrazyCaper

TSN is reporting that the City of Glendale has paid the $25M bill issued by the NHL late last week:

http://www.tsn.ca/nhl/story/?id=364482

The Globe and Mail has its own story on this as well.
http://www.theglobeandmail.com/sport...rticle2008640/

[troutman]

More proof NHL viable here
Big think-tank spells out Winnipeg's strengths
http://www.winnipegsun.com/2011/05/0...hl-viable-here

The Conference Board of Canada this week released the third instalment of its ongoing study on what professional sports teams require to survive in Canadian markets.

This time it focused on Winnipeg and Quebec City, two towns vying for the return of the NHL to their cities.

What it found is that the business, economic and demographic environment that was once too weak to support an NHL franchise in Winnipeg has changed. And it’s changed for the better.

With a few qualifiers, Winnipeg has a decent chance of making the NHL work in its city, the study found.

“We believe that Quebec City and Winnipeg have the right market conditions for another shot at NHL hockey — but not at any price,” the study says.

Death watch that won't die
Coyotes have been on life support for what seems like an eternity and there's still no sign of deal
http://www.winnipegsun.com/2011/05/0...-that-wont-die

Viability of NHL in Winnipeg and Quebec backed by report
http://www.theglobeandmail.com/sport...rticle2009272/

Two NHL sources, one a former owner and the other an executive who worked in the Western Conference for many years and is familiar with the Winnipeg market, agreed that selling tickets is the key. Neither wanted to be identified because NHL commissioner Gary Bettman dislikes public discussions of league business.

“Because of the absence of significant TV revenues, hockey is an arena sport,” the former owner said. “When you look at whether or not a team can make it, it comes down to one thing – do you have a building and can you fill it, particularly the highest-priced seats? Do you have enough suites to get it to a revenue level that allows you to play the game with the other [teams]?”

The NHL executive does not think Winnipeggers will be willing to pay NHL prices for tickets in the long term. While he thinks the city will do a better job of supporting an NHL team than some of the southern U.S. cities, he said ultimately fans in Winnipeg will tire of paying NHL prices.

Loonie boosts odds of NHL success in Canada
http://www.thestar.com/business/arti...in-canada?bn=1NHL deputy commissioner Bill Daly wouldn’t comment on either location although the league has made public overtures to both cities in the past.

“We look forward to reviewing the report,” said Daly.

[Jordan!]

So far I've heard zero about yesterday's CoG agenda item.. hmm. Tomorrow is May 5th - The two year anniversary of the Moyes/Balsillie BK scheme. Will we hear anything?

[troutman]

I am trying to verify where these figures came from:

What Glendale has spent (so far):

http://www.azcentral.com/community/g....html#comments

Glendale has spent $4.27 million on private attorneys and consultants, public records show. Over the past two and a half years, the city has employed six economic and sports-business analysts, five law firms and a lobbyist to work on Coyotes matters.

$2.65 million - Brown Rudnick, bankruptcy court representation.

$384,555 - Fennemore Craig, bankruptcy court representation and legal analysis.

$258,975* - SRJ Government Consultants, financial and bond consulting.

$214,421* - TL Hocking and Associates, economic-impact analysis.

$238,000* - Husk Partners, media relations and lobbying.

$144,570 - Greenberg Traurig, legal analysis.

$104,233 - Walker Parking Consultants, parking-revenue analysis.

$100,926 - Beacon Sports Capital Partners, financial assessment.

$98,809 - Rose Law Group, gift-clause legal review and liaison to Goldwater Institute.

$36,625 - CB Richard Ellis, economic-impact analysis.

$27,603 - Mintz Levin, gift-clause legal review.

$10,702- International Facilities Group, arena assessment.

$0 - JNA Consulting Group, bond consulting. Not billed yet.

Additional $25 million - Glendale on Monday paid the National Hockey League $25 million to cover a big chunk of the team's losses this season.


*SRJ Government Consultants, TL Hocking and Associates and Husk Partners work on a variety of issues for the city, though largely on the Phoenix Coyotes. The monthly retainer fee for SRJ is $8,000; for Husk, it ranged from $8,000 to $14,000; for TL Hocking, it ranged from $7,000 to $8,000.

[Northendzone]

i wonder how many season tickets could have been purchased with $29.27 million..........

[flamesrule_kipper34]

This thread should be renamed to:

Matthew Hulsizer: We have everything we need to lose

[Jordan!]

Originally Posted by flamesrule_kipper34

This thread should be renamed to:

Matthew Hulsizer: We have everything we need to lose

Or Glendale: We're screwed if the team leaves so lets exhaust every option to get the best deal we can

[Mazrim]

Originally Posted by Bouw N Arrow

Or Glendale: We're screwed if the team leaves so lets exhaust every option to get the best deal we can

What a mouth full. You need to work on your headline writing!

[Jordan!]

Originally Posted by Mazrim

What a mouth full. You need to work on your headline writing!