General Ongoing Coyotes saga thread

[troutman]

Daniel Blanchet ‏@mxdan316RT @LisaHalverstadt: Update from @GoldwaterInst spokeswoman: Still no time set for hearing on #Coyotes vote.

Glendale's Phoenix Coyotes deal gets community backlash
Residents say 20-year Coyotes' plan is a burden for Glendale taxpayers
http://www.azcentral.com/news/articl...-backlash.html

[You Need a Thneed]

Originally Posted by Stay Golden

So why does the NHL head office insistant on protecting PHX from moving?

To, me, the biggest thing keeping PHX from moving is the large lease break penalty clause in the arena lease. If the team is moved without the approval of the city of Glendale, I would think that the penalty would have to be paid.

As soon as the city of Glendale doesn't want to cover losses, then the team will be moved.

[greyshep]

Found this kind of amusing... On the city of glendale homepage, right below the announcement of the vote in favor of the ransom deal, there is a link titled as follows:

"Attention: Important Information

Notice of potential sales tax, property tax and business fee increases."

http://www.glendaleaz.com/news/TaxNotice.cfm

[Resolute 14]

Originally Posted by You Need a Thneed

To, me, the biggest thing keeping PHX from moving is the large lease break penalty clause in the arena lease. If the team is moved without the approval of the city of Glendale, I would think that the penalty would have to be paid.

As soon as the city of Glendale doesn't want to cover losses, then the team will be moved.

I'm not sure if that old lease is even legally valid anymore. I think the bankruptcy wiped it out.

[TorqueDog]

... and submitted to Reddit.

[automaton 3]

Originally Posted by troutman

NHLwiki ‏@NHLwiki
#NHL *News*--Sources tell Andy Strickland that Greg Jamison still needs close to $100M to buy the #Coyotes and may borrow from the NHL.

Vendor financing...hard to believe that the league owners would go there. They would need to be really sold on Jamison's game plan, or perhaps truly desperate to stay in that market.

[tjinaz]

To see the NHL finance the difference between the actual valuation of the team vs the 170 they are asking for. If the Blues sold for 120 and the Thrashers for 130, asking 170 for the Coyotes is a little out of line. This way Gary can say the NHL did not lose money it just won't collect right now.

[troutman]

Mike Phelan ‏@mcmikex
"Independent analysis" failed to take into account inevitable minor league tenant, as did WPG, QC and Hartford. #Coyotes

Lisa Halverstadt ‏@LisaHalverstadt
Correction on Frate's comments: Vice mayor suggested folks who don't want #Coyotes deal to "pray extra hard" Jamison can't gather funds.

Lisa Halverstadt ‏@LisaHalverstadt
Scruggs on sales tax hike: "It will hurt every business in #Glendale to help one business in Glendale." #Coyotes

Lisa Halverstadt ‏@LisaHalverstadt #Glendale Councilwoman @clarkjv: "You have to understand we're in a bad patch and don't you dare just blame it on the #Coyotes."


Lisa Halverstadt ‏@LisaHalverstadt
#Glendale resident: Put #Coyotes arena management out for bid then you'll get a more affordable price. Tax hikes, layoffs aren't answer.

[Jordan!]

So it sounds like the 4 yes's of Glendale are holding firm. Even in the event of the revote.

Jamison's gotta gather the funds

[troutman]

The Glendale Tea Party Patriots are gathering at Denny's again:

http://arizonateaparty.ning.com/even...ote-boondoggle

Updates on the Goldwater Institute/Glendale Residents lawsuit vs. City of Glendale and the NHL re: Phoenix Coyotes

Fred Plante ‏@freddyplante“@jclark RT @ceciliachan_AZ: All 14 speakers oppose sales tax increase” #Coyotes #Nordiques2012 #NHL” #Glendale COGisJustIdiot #bankrupt

There seems to be little public support in Glendale for the deal.

Fred Poulin ‏@FredPoulin98
Joyce Clark on sales tax hike: "These Canadian poachers can't do anything about this tax hike." #Coyotes #FakeQuote

Clark has been flaming Canadians a lot on twitter. Not very smart, when Canadians buy a large percentage of Coyotes tickets. Without Canadians, the Coyotes would have left years ago.

[automaton 3]

^^^Not to mention that many of the Coyotes players and staff are Canadians.

[valo403]

Originally Posted by troutman

The Glendale Tea Party Patriots are gathering at Denny's again:

http://arizonateaparty.ning.com/even...ote-boondoggle

Updates on the Goldwater Institute/Glendale Residents lawsuit vs. City of Glendale and the NHL re: Phoenix Coyotes

Fred Plante ‏@freddyplante“@jclark RT @ceciliachan_AZ: All 14 speakers oppose sales tax increase” #Coyotes #Nordiques2012 #NHL” #Glendale COGisJustIdiot #bankrupt

There seems to be little public support in Glendale for the deal.

Fred Poulin ‏@FredPoulin98
Joyce Clark on sales tax hike: "These Canadian poachers can't do anything about this tax hike." #Coyotes #FakeQuote

Clark has been flaming Canadians a lot on twitter. Not very smart, when Canadians buy a large percentage of Coyotes tickets. Without Canadians, the Coyotes would have left years ago.

Is there any actual basis for that? There are a ton of non-Canadian snowbirds in the region.

[Notorious Honey Badger]

Valo what is your reasoning for always defending the Coyotes in Phoenix? Are you from the area? Visit? What makes you think the NHL should be there?

[troutman]

Originally Posted by valo403

Is there any actual basis for that?

Do you seriously doubt this?

[Jordan!]

Originally Posted by troutman

Do you seriously doubt this?

You'd be shocked how many Canadian Coyotes fans are absolutely embarrassed by the behavior of their fellow Canadian hockey fans/media through all of this. As am I.

[Cleveland Steam Whistle]

Originally Posted by Bouw N Arrow

You'd be shocked how many Canadian Coyotes fans are absolutely embarrassed by the behavior of their fellow Canadian hockey fans/media through all of this. As am I.

What exactly are you embarrassed about?

[troutman]

Originally Posted by Bouw N Arrow

You'd be shocked how many Canadian Coyotes fans are absolutely embarrassed by the behavior of their fellow Canadian hockey fans/media through all of this. As am I.

No, I understand the passion on every side of this. The #Coyotes twitter feed is fascinating.

[troutman]

Leave bad Coyotes deal alone
http://www.azcentral.com/members/Blog/RobertRobb/164301

The proposed deal to keep the Coyotes in Glendale is really bad. It crosses an important line between building a facility and subsidizing the hockey team’s operations.

And here’s what I think fiscal conservatives should do about it: Nothing.

Sometimes the most prudent thing to do about a bad deal is just to live with it.

Ballmer part of investor group for Seattle arena

Microsoft CEO Steve Ballmer will be part of the investment group led by Chris Hansen that has proposed a new NBA/NHL arena in the city of Seattle.

http://seattletimes.nwsource.com/htm...ttlearena.html

Chris Reid ‏@chr1sreidRT @NHLwiki: #NHL-- According to Jim Small of the AZ Capitol Times, #Goldwater will be taking Glendale to court today over the #Coyotes.

Goldwater Institute to sue Glendale over Coyotes deal today

http://azcapitoltimes.com/news/2012/...es-deal-today/

Lucy Caldwell, a spokeswoman and lobbyist for the institute, said the lawsuit will argue that the city violated open meetings laws.

The lawsuit will claim that Glendale violated a 2009 court order when it approved the Coyotes deal on June 8 without having released all the exhibits and documents associated with the lease agreement.

[You Need a Thneed]

Is it still possible to move the team before next season (if the financing doesn't come through)? If its still possible, what's the absolute latest cutoff date?

What happens if financing can't be figured out, and Glendale doesn't give the $25 million, and thefranchise can't be moved before next season?

[troutman]

Originally Posted by You Need a Thneed

Is it still possible to move the team before next season (if the financing doesn't come through)? If its still possible, what's the absolute latest cutoff date?

What happens if financing can't be figured out, and Glendale doesn't give the $25 million, and thefranchise can't be moved before next season?

It has been suggested that Quebec only needs 3 days to put a deal together. There are rumors of two schedules being drafted. There is also the very real possibility that the season will be delayed a month or two in CBA negotiations. However, there must be real deadlines very soon.