06-14-2012, 09:49 AM
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#1161
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#1 Goaltender
Join Date: Oct 2001
Location: Calgary Satellite Community
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AMF - Arena Management Fee
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06-14-2012, 09:58 AM
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#1162
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Franchise Player
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Quote:
Originally Posted by troutman
Sorry, I may be misunderstanding your question. I think GWI's point is that COG didn't put the AMF out for bid, giving it to Jamison instead for well above market value. Perhaps a third party could manage the arena for less, and Jamison could still be bound by a strong out clause in the lease?
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Oh okay, yeah if that was an option it would certainly be the way to go. I definitely think the CoG could have done a better job of looking at options, but it may well be a case where going any of those routes would see Jamison walk from the deal. The CoG doesn't really have much in the way of leverage and I'm sure that's being fully exploited.
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The Following User Says Thank You to valo403 For This Useful Post:
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06-14-2012, 10:57 AM
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#1163
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In the Sin Bin
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Quote:
Originally Posted by troutman
Sorry, I may be misunderstanding your question. I think GWI's point is that COG didn't put the AMF out for bid, giving it to Jamison instead for well above market value. Perhaps a third party could manage the arena for less, and Jamison could still be bound by a strong out clause in the lease?
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I think we all know that no, this is not a possibility. There is no incentive for Jamison to agree to such a thing if someone else is getting the AMF. The entire reason why he would agree to such a penalty for breaking the lease is the fact that he's getting the money from the city.
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06-14-2012, 10:58 AM
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#1164
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Franchise Player
Join Date: Mar 2009
Location: Calgary
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Quote:
Originally Posted by greyshep
AMF - Arena Management Fee
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Similar to an egg management fee?
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The Following 3 Users Say Thank You to Komskies For This Useful Post:
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06-14-2012, 11:51 AM
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#1165
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Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
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Quote:
Originally Posted by Resolute 14
I think we all know that no, this is not a possibility. There is no incentive for Jamison to agree to such a thing if someone else is getting the AMF. The entire reason why he would agree to such a penalty for breaking the lease is the fact that he's getting the money from the city.
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And that is the point. If this is the only way someone would invest in an NHL team in Phoenix (at it seems the NHL may even loan Jamison funds too!), what the heck are we doing here?
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06-14-2012, 11:55 AM
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#1166
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Franchise Player
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Quote:
Originally Posted by troutman
And that is the point. If this is the only way someone would invest in an NHL team in Phoenix (at it seems the NHL may even loan Jamison funds too!), what the heck are we doing here?
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That's a question for the CoG. If they are willing to agree to terms that make owning a team in Phoenix desirable there's no reason not to be there.
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06-14-2012, 11:57 AM
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#1167
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Franchise Player
Join Date: Jul 2005
Location: SW Ontario
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Quote:
Originally Posted by valo403
That's a question for the CoG. If they are willing to agree to terms that make owning a team in Phoenix desirable there's no reason not to be there.
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06-14-2012, 12:49 PM
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#1168
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Powerplay Quarterback
Join Date: May 2004
Location: Sacramento, CA
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If the NHL wants to stay in PHO, they need to reduce the sale price - not fleece Glendale. Glendale is acting foolishly, but the NHL taking advantage of an inept, HIGHLY motivated seller. It's a cruel thing to watch. Like that cute litte deer being torn apart by a lion in those nature films...
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06-14-2012, 01:18 PM
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#1169
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Franchise Player
Join Date: Dec 2003
Location: Sunshine Coast
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Quote:
Originally Posted by valo403
You've linked to random people saying that it could be done for less, you have at no point ever linked to an actual proposal. This is par for the course with you. You take a claim and report it as fact.
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So Ice Edge Holdings is random people. You're a joke.
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06-14-2012, 01:55 PM
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#1170
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In the Sin Bin
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Pot and Kettle, Vulcan.
Quote:
Originally Posted by troutman
And that is the point. If this is the only way someone would invest in an NHL team in Phoenix (at it seems the NHL may even loan Jamison funds too!), what the heck are we doing here?
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"We"? The NHL is a business, and if the Jamison and Glendale wish to partner up to try and make the existing team work, that is their call. The loan angle, I'll admit is stupid. If he cant raise the funds now, he's not going to be in a good position if losses exceed expectations. The NHL should stay out of that kind of deal.
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06-14-2012, 02:09 PM
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#1171
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First Line Centre
Join Date: Oct 2004
Location: Lethbridge
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From Jamison's position, why wouldn't he try to make a go of it. If vendor financing is available on favorable terms, if he can line up the necessary investors and if the AMF $ from the CoG comes through there may well be a business case.
The wisdom of the NHL owners offering vendor financing (if that is the case), and why the majority of CoG council members think the AMF on offer is the best case scenario for the City are separate issues.
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The Following User Says Thank You to automaton 3 For This Useful Post:
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06-14-2012, 02:22 PM
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#1172
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Franchise Player
Join Date: Dec 2003
Location: Sunshine Coast
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Quote:
Originally Posted by Resolute 14
Pot and Kettle, Vulcan.
"We"? The NHL is a business, and if the Jamison and Glendale wish to partner up to try and make the existing team work, that is their call. The loan angle, I'll admit is stupid. If he cant raise the funds now, he's not going to be in a good position if losses exceed expectations. The NHL should stay out of that kind of deal.
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Really, I'm not the one who has been throwing the insults around, it's been you and Valo. So now I react and you take umbrage. Your post is a POS.
As for the rest of your post, that's the kind of thinking that led to the housing collapse.
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06-14-2012, 02:39 PM
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#1173
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#1 Goaltender
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I don't know what's more entertaining - This ongoing train wreck of a story or the mudslinging and insults flying back and forth between posters in this thread.
That being said, I think this thread is in need of a "refocus" post from the powers that be.
Edit to add - Big thanks to troutman. I always come in this thread to search out your posts, as you keep it updated with info from all angles.
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06-14-2012, 02:41 PM
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#1174
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Franchise Player
Join Date: Jul 2005
Location: SW Ontario
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Quote:
Originally Posted by Resolute 14
Pot and Kettle, Vulcan.
"We"? The NHL is a business, and if the Jamison and Glendale wish to partner up to try and make the existing team work, that is their call.
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If that were the case it would be ok but it isn't, they are trying to put it on the Glendale public to pay for it by raising taxes which is wrong and why this deal will eventually get crushed in the courts.
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06-14-2012, 03:04 PM
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#1175
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Franchise Player
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Quote:
Originally Posted by Vulcan
So Ice Edge Holdings is random people. You're a joke.
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You've made a fool of yourself over and over again in this thread, the fact that you think I'm a joke is actually a compliment.
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06-14-2012, 03:06 PM
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#1176
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Franchise Player
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Quote:
Originally Posted by dissentowner
If that were the case it would be ok but it isn't, they are trying to put it on the Glendale public to pay for it by raising taxes which is wrong and why this deal will eventually get crushed in the courts.
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Well that's an issue for the people of Glendale and the Arizona courts. If the deal isn't legal or the process of approval isn't legal there will be no deal.
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06-14-2012, 03:24 PM
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#1177
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Franchise Player
Join Date: Dec 2003
Location: Sunshine Coast
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Quote:
Originally Posted by valo403
You've made a fool of yourself over and over again in this thread, the fact that you think I'm a joke is actually a compliment.
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Really, provide proof or go home.
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06-14-2012, 03:47 PM
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#1178
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Franchise Player
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Quote:
Originally Posted by Vulcan
Really, provide proof or go home.
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Proof of what?
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06-14-2012, 03:53 PM
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#1179
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Franchise Player
Join Date: Dec 2003
Location: Sunshine Coast
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Quote:
Originally Posted by valo403
Proof of what?
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If you can't understand anything that simple, I can't help you.
Anyways you're sounding like the schoolyard kid you are so I'm done with this.
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06-15-2012, 01:01 PM
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#1180
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Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
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