The only way I can see all of the latest developments as being true is if the NHL is leaving CoG out of the loop until they have their buyer lined up. Right after the cup is lifted, they will come to CoG with a take it or leave it deal that screws CoG deep into the ground while somehow saving face for the politicians.
Take the deal or we pack up and you're left with no team and a giant investment that will suck you dry for decades.
PS- just want to thank Troutman for all of the wonderful updates. I'm FAR too lazy to get the info myself...
I wonder what the price range of the season tickets are as part of this quote from the link.
"Another positive sign is that many of this year's season ticket holders have already renewed for next season. "Our renewal rate now is already in the 82 percent range," said Nealy.
That's 20 percent higher than at this time last year. That means the team is on a pace to top last year's team-record season ticket renewal numbers, when 90 percent of ticket holders renewed.
Nealy said that an incentive that allowed season ticket holders to buy playoff tickets for this year has helped boost renewals"
__________________ ----------
must show all Flames games nationally when they play on Saturdays, Mondays, and Wednesdays !!!
Proof of what? You still haven't confirmed what you are claiming.
Again: Is it seriously your contention that everyone else, everyone, was on board with the move to Hamilton and then Bettman unilaterally blocked it?
Sure I have.
I never claimed that everyone was on board but Bettman has enough clout and could have swung a deal with Balsillie. When it comes down to it, money talks and the NHL BOG would have saved a lot of money by moving to Hamilton. The only ones with their noses out of joint would have been Bettman and the Leafs.
Do you really believe that staying in Phoenix has been a good financial decision?
What's pathetic is trying to make Phoenix a viable NHL hockey location when their paid attendance is pathetic and their TV audience is pathetic even with a decent team. Hell even Jordan has given up on the mess in Glendale.
As for Kansas, Winnipeg or other possible locations for the Coyotes, just take away the need to remain in Phoenix and I bet we'd have seen and will see more serious bidders. The team didn't have to go to Hamilton, that was just the best deal at the time, after the bankruptcy it was free to be moved anywhere.
I appreciate that you have access to inside information. TNSE made a presentation to the NHL back in 2007 (a year before the bankruptcy). Bettman approached TNSE in 2009 about potentially taking the Coyotes, and Chipman made a second presentation.
In fact, Chipman later said the company “came within 10 minutes of acquiring the Coyotes”
I don't know when Atlanta became a potential target.
Atlanta was the target even before the Coyotes declared bankruptcy.
The NHL asked True North to do them a favour and act as leverage in the Coyotes situation (which they did). Certainly, if Glendale had called the NHL's bluff they would have moved the Coyotes to Winnipeg but they were never the target of TNSE.
The Following 3 Users Say Thank You to Sidney Crosby's Hat For This Useful Post:
Taking the risk to sound like an idiot here.. but could someone refresh my memory as to why they decided to go to Glendale in the first place? Seems like a heck of a ways to go to watch a hockey game, and I heard this is the biggest reason.
Could there possibly be a buyer interested in keeping the team in metro Phoneix, but perhaps a bit closer to that high population? How did the NHL approve a move into the city of Glendale anyways?
I wonder what the price range of the season tickets are as part of this quote from the link.
"Another positive sign is that many of this year's season ticket holders have already renewed for next season. "Our renewal rate now is already in the 82 percent range," said Nealy.
That's 20 percent higher than at this time last year. That means the team is on a pace to top last year's team-record season ticket renewal numbers, when 90 percent of ticket holders renewed.
Nealy said that an incentive that allowed season ticket holders to buy playoff tickets for this year has helped boost renewals"
i'd love to the the numbers that drive these percentages - it is hard to imagine that they have more than a couple of thousand STH's given thier apparently low TV numbers......
one would think that if the NHL was really close to securing a deal with a buyer that they would keep thier partners in the CoG in the loop.
I never claimed that everyone was on board but Bettman has enough clout and could have swung a deal with Balsillie. When it comes down to it, money talks and the NHL BOG would have saved a lot of money by moving to Hamilton. The only ones with their noses out of joint would have been Bettman and the Leafs.
Do you really believe that staying in Phoenix has been a good financial decision?
What's pathetic is trying to make Phoenix a viable NHL hockey location when their paid attendance is pathetic and their TV audience is pathetic even with a decent team. Hell even Jordan has given up on the mess in Glendale.
As for Kansas, Winnipeg or other possible locations for the Coyotes, just take away the need to remain in Phoenix and I bet we'd have seen and will see more serious bidders. The team didn't have to go to Hamilton, that was just the best deal at the time, after the bankruptcy it was free to be moved anywhere.
The BoG unanimously rejected Balsille as an owner. Do you think that an entire room full of billionaire businesmen, many of them CEO's of their own companies, were told how to vote by Bettman? Nobody wanted him to be a part of the NHL, how exactly do you expect a deal to be swung?
I don't think Phoenix is a great market, I think it could be a strong market but has been poorly operated from day one.
The BoG unanimously rejected Balsille as an owner. Do you think that an entire room full of billionaire businesmen, many of them CEO's of their own companies, were told how to vote by Bettman? Nobody wanted him to be a part of the NHL, how exactly do you expect a deal to be swung?
I don't think Phoenix is a great market, I think it could be a strong market but has been poorly operated from day one.
Bettman had a window of opportunity where Balsillie had been approved. Dated June 18, 2009.
Quote:
The judge suggested that Balsillie and the NHL work together in a mediation process.
Balsillie's representatives said they are open to that and to discussing a possible relocation fee to the league. The league believes a fee is appropriate because of the impact a move would have on the Toronto Maple Leafs and the Buffalo Sabres.
"We still think there is enough time for the NHL to approve Mr. Balsillie's application and move the team to Hamilton by September," said a spokesman for Balsillie. "The court invited mediation on these issues and Mr. Balsillie is willing to participate in such mediation ..."
It wasn't until July 30 that the NHL board rejected Balsillie and still Judge Baum said that the NHL can't object or withhold it's consent.
Quote:
Walker pointed out in the Balsillie news release that Baum, who is presiding over the Coyotes' case in Phoenix, previously stated that: "Absent some showing by the NHL that there have been material changes in [Balsillie's] circumstances since 2006, it appears to the court that the NHL cannot object or withhold its consent to [Balsillie's company] PSE becoming the controlling owner of the Phoenix Coyotes."
Taking the risk to sound like an idiot here.. but could someone refresh my memory as to why they decided to go to Glendale in the first place? Seems like a heck of a ways to go to watch a hockey game, and I heard this is the biggest reason.
Could there possibly be a buyer interested in keeping the team in metro Phoneix, but perhaps a bit closer to that high population? How did the NHL approve a move into the city of Glendale anyways?
They anticipated Gllendale, and Westgate, across the street from the NFL stadium, becoming a bigger draw than it is. After building, the economy started struggling and Westgate never became the destination it was expected to be. Now they're building a large outlet mall adjacent to Westgate which will draw more people there, but does that translate to increasing game attendance? I'm not so sure.
I can accept that the location isn't ideal , but I will never believe that is the reason for poor attendance. This team has been under a threat of relocation for years. Why would anyone invest themselves financially or emotionally in a team that is constantly reported to be on its way out of town? The arena is freeway adjacent, it's not that big of a deal to drive there from Scottsdale. I've done it many times. Would being located downtown in a more central location for all Phoenix suburbs be better? Probably. But if that team had a stable owner and a commitment to stay put, people would make the effort to get to games. I drive over 30 miles, each way, to Staples Center at least 30 times every season and I don't think twice about it...and I have to pay to park when I get there.
The Following 2 Users Say Thank You to Ice For This Useful Post:
Bettman had a window of opportunity where Balsillie had been approved. Dated June 18, 2009.
Speaking of making crap up, nothing in that article suggests or implies that Balsillie had been approved by the league. All it says is that the judge proposed mediation, and that Balsillie's camp was willing to negotiate (duh). Nothing there says that the owners were interested in having him. I suggest you learn to follow your own advice, Vulcan.
Speaking of making crap up, nothing in that article suggests or implies that Balsillie had been approved by the league. All it says is that the judge proposed mediation, and that Balsillie's camp was willing to negotiate (duh). Nothing there says that the owners were interested in having him. I suggest you learn to follow your own advice, Vulcan.
Quote:
Walker pointed out in the Balsillie news release that Baum, who is presiding over the Coyotes' case in Phoenix, previously stated that: "Absent some showing by the NHL that there have been material changes in [Balsillie's] circumstances since 2006, it appears to the court that the NHL cannot object or withhold its consent to [Balsillie's company] PSE becoming the controlling owner of the Phoenix Coyotes."
What are you talking about. Balsillie was approved by the NHL in 2006 when he bid on the Penguins and the court considered this still in effect. The later vote by the NHL had no legal standing. Bettman had the opportunity and was even encouraged by the judge, to negotiate with Balsillie at that time. He didn't take it and now we have this continuing soap opera and money pit.
Jim Treliving owning part of the Coyotes is a thing that makes you go hmmmmmm.....
He's only worth 650 million which is his company worth really, not spare change, it is not nearly enough for the bottomless pit of debt that is the Yotes.