[News] Coyotes on the Verge of Being Locked Out

[dissentowner]

Originally Posted by timbit

I’m getting the feeling that nobody read the articles I posted.

Read them, as you will quickly understand why the Coyotes are 100% staying in Arizona.

Only Pro sports franchises and 10 tribes are being given gambling licenses.

Nobody is selling out with that kind of revenue stream, available.

You are reading way too much into it, saying the Coyotes are 100% staying there on your reasoning is not reality.

[FlamesAddiction]

Originally Posted by FireGilbert

Lots of talk about Houston or KC but would Milwaukee ever work for an NHL team? There is a hockey fan base in Wisconsin, the Bucks arena can host hockey, and they’d have an instant rivalry with Chicago.

I think one issue is that it is a relatively small city (600k). The metro area is about 1.5 million, but spread out and partially already absorbed by the Blackhawks fanbase. It is also pretty saturated with pro sports for a city its size. I also don't think they have anything close to a decent arena suitable for the NHL and no history of local ownership showing interest.

Could work maybe, but there would be some challenges.

[timbit]

Originally Posted by dissentowner

You are reading way too much into it, saying the Coyotes are 100% staying there on your reasoning is not reality.

Did you read the articles?

100 % they are staying put. Only pro sports owners in Arizona and tribes get the gambling licenses. That’s a major revenue stream. Nobody is selling that.

[WCW Nitro]

Originally Posted by dissentowner

Move Detroit back to the West, they belong there anyhow.

No chance of that happening again, too many late starts for the local market

[Strange Brew]

Forbes has the Coyotes as the least valuable NHL franchise, valued at $400 million in their rankings released yesterday. Per Forbes, average franchise value increased 32% from last year. Big reasons for the increase were US TV deal and the sweetheart arena deals.

[Hack&Lube]

Move them back to Winnipeg!

[getbak]

Originally Posted by FlamesAddiction

I think one issue is that it is a relatively small city (600k). The metro area is about 1.5 million, but spread out and partially already absorbed by the Blackhawks fanbase. It is also pretty saturated with pro sports for a city its size. I also don't think they have anything close to a decent arena suitable for the NHL and no history of local ownership showing interest.

Could work maybe, but there would be some challenges.

The Bucks moved into a big new arena 3 years ago and it does have ice-making capability. In fact, it will be hosting a college tournament at the end of this month.



There has been past interest in bringing the NHL to Milwaukee, but that was a long time ago and I don't know if the current Bucks ownership feels the same way.

As you say, it's not a big city and the fact that it already has both an NBA and MLB team (with significant support for the Packers coming from Milwaukee too) likely means the market is saturated and adding another team to compete for winter entertainment money could hurt both the Bucks and any potential NHL team.

[Strange Brew]

Originally Posted by getbak

The Bucks moved into a big new arena 3 years ago and it does have ice-making capability. In fact, it will be hosting a college tournament at the end of this month.



There has been past interest in bringing the NHL to Milwaukee, but that was a long time ago and I don't know if the current Bucks ownership feels the same way.

As you say, it's not a big city and the fact that it already has both an NBA and MLB team (with significant support for the Packers coming from Milwaukee too) likely means the market is saturated and adding another team to compete for winter entertainment money could hurt both the Bucks and any potential NHL team.

The Bucks majority owners are rich hedge funds guys out of NY. Do you know if they control the arena too?

[Flames1217]

I mean the arena here in Quebec city is ready but would Bettman allow it?

It's the easiest option and is is guaranteed money but will he roll the dice and aim for the potential jackpot in Houston..

It boils down to sure fire smaller market that will likely make money compared to risky large market with a high boom bust ratio.

[getbak]

Originally Posted by Strange Brew

The Bucks majority owners are rich hedge funds guys out of NY. Do you know if they control the arena too?

It looks like it's publicly-owned and privately-operated by the Bucks.

[timbit]

Originally Posted by getbak

It looks like it's publicly-owned and privately-operated by the Bucks.

“In 2014, a group of four investors formed an ownership group that purchased the Bucks from then-owner Herb Kohl for $550 million, and the group of people that own the team has largely stayed the same in the proceeding years.

Among the Bucks’ four current majority owners are Jamie Dinan, who earned a B.S. from Wharton in 1981 with a degree in economics, and Marc Lasry, who is listed by Penn Arts and Sciences as having “established two professorships to support faculty.”

In addition to the two owners, Lasry’s son Alex Lasry, who graduated from Penn in 2009 with a B.A. in political science and government, currently acts as the team’s senior vice president, a position he’s held since 2016.“

[Jordan!]

Originally Posted by kermitology

https://theathletic.com/news/coyotes.../ArAVPFTj0LId/



Move the damn team. Sorry Jordon.

Don’t be sorry brother. In my heart they’re already gonzo and unless they build a new rink I wasn’t going to another game in Glendale ever again. I haven’t been since 2019.

Recent run aside with The Flames being killers in the standings and it sounds convenient but My hockey heart has opened up to being a Flames fan since last year. Excited to take my now 2 year old to a game in the new barn one day.

I’m just pretty much over it x1000 but I am hoping they can get this Tempe rink figured out so my kid can have a local team.

[Roughneck]

Originally Posted by timbit

Did you read the articles?

100 % they are staying put. Only pro sports owners in Arizona and tribes get the gambling licenses. That’s a major revenue stream. Nobody is selling that.

The Coyotes haven’t been able to set up a sports book partnership yet (the only organization that was granted a license who hasn’t. All the others did so almost immediately).

Given their financial situation and lack of a place to play, the betting sites don’t seem to be willing to bet on the Coyotes. They don’t have anything to sell right now.

[topfiverecords]

A QC add to the league via Arizona would be wild:
Winnipeg Jets = Atlanta Thrashers
Colorado Avalanche = Quebec Nordiques
Quebec Nordiques = Winnipeg Jets

[Strange Brew]

Originally Posted by getbak

It looks like it's publicly-owned and privately-operated by the Bucks.

That seems to be the deal in most arenas in the US. Which pretty much precludes anybody else from using the arena for another sports team. Who knows, these guys might like an NHL team. That arena might be sitting empty a lot of nights in the winter.

[timbit]

Originally Posted by Roughneck

The Coyotes haven’t been able to set up a sports book partnership yet (the only organization that was granted a license who hasn’t. All the others did so almost immediately).

Given their financial situation and lack of a place to play, the betting sites don’t seem to be willing to bet on the Coyotes. They don’t have anything to sell right now.

Kind of funny, as their Majority owner is sole owner of a major casino in Reno Nevada.
“Meruelo owns a chain of pizza restaurants in Los Angeles called La Pizza Loca; SLS Las Vegas, a casino on the Las Vegas Strip; the Grand Sierra Resort hotel and casino in Reno, Nev.; and real estate, construction companies, a bank, two TV stations, hip hop radio stations and more.“

[Strange Brew]

What in the world is their position on these back taxes anyway? Why would Tempe build an arena for these clowns?

[Jordan!]

They can afford the bill. It’s like $2 mill. It’s either incompetence or some sick measuring with a short term lease.

[powderjunkie]

Maybe they play out of San Jose to return the favour from last year?

Originally Posted by timbit

Did you read the articles?

100 % they are staying put. Only pro sports owners in Arizona and tribes get the gambling licenses. That’s a major revenue stream. Nobody is selling that.

Donald Sterling didn't really want to sell his team, but after he embarrassed the league he had no choice. I'm thinking the other 31 owners aren't going to be crazy about letting this get much uglier.

[Reggie Dunlop]

The big tete-a-tete between the Quebec government and Gary Bettman that was touted never happened.

I wouldn't rule out Quebec City as a NHL location at some point down the road (however remote), but there's no chance the Coyotes move mid-season. The logistics involved would be a nightmare even in a non-pandemic scenario.