Bankruptcy Judge Gets First Chance to Squash This - Hopefully He/She is a Phoenix Homer.
by Travis Hair on May 6, 2009 11:54 PM MST
39 comments
The Phoenix Bankruptcy Court will see the first of the challenges to the Moyes filed bankruptcy today at 1PM.
Well today is the first of many hurdles that the offer that Blackberry Guy's offer and the total of the bankruptcy of the Coyotes will have to jump throguh to complete a move to SOuthern Ontario. We could see any number of things. THe one thing we can all be sure of is that no one seems to really know what they're talking about when it comes to predicting these results. The court could simply say no to the entirety, they could refuse certain parts, they could do just about anything. THis will determine what both their next steps are, as well as what we as Coyotes fans need to get ready for. One thing is clear from all the news today. While some have started picking out names and paint colors for a "new" team, this thing is FAR from a sure thing and it's far from being over. Or at least 8 weeks from being over. Keep your fingers, toes and other availiable appendages crossed that this just gets tossed on spec and we can get back to Rheindorf buying the team. But barring that for good ish news at least.
Other things to look out for:
Later today, myself, TheDiva and Onyx from CoyotesHipCheck.com will be launching savethecoyotes.com as a site to go to for our updates as well as to signup for email lists so that if rallies, protests, whatever is going down, we can get you the info as fast as possible.
I'll be rolling out new Coyotes themed stuff to buy including buttons, signs, more shirts etc. on both the Save the Coyotes end and the KEEP IT SIX! line.
If you can get down to the courthouse, it's on 1st ave just south of Van Buren ( 230 N 1st Ave.) Not sure what hearings are open to the public with Bankruptcy proceedings, but give it a go. They're supposed to be up at 1PM.
Keep up with us for more updates as we get them!
LET'S GO COYOTES! KEEP IT SIX!
0 recs |
39 comments
|
Email
Print
Comments
Best of Luck
All signs point to this getting incredibly ugly…
Looking forward to some positive updates!
"God's in His heaven. All's right with the world." - Robert Browning (1812-1889)
by Winkle on May 7, 2009 5:18 AM MST reply actions 0 recs
I hope so to! In the meantime BUY A SHIRT! It may or may not come with a bonus Star Trek figure.
Support Your Local Coyotes Blog! -
Five For Howling
by Travis Hair on May 7, 2009 7:19 AM MST up reply actions 0 recs
Maybe… have to buy tone to find out. :P
Support Your Local Coyotes Blog! -
Five For Howling
by Travis Hair on May 7, 2009 10:46 AM MST up reply actions 0 recs
Well that brings memories back...
Bettman is lying on one point: they do run away from cities. That being said, I was in Quebec city when the nords were sold and moved to Colorado and in Montreal when the Expos moved to Washington (one year too late to keep Vlad, suckers…) and this present situation just doesn’t look as bad to me, for a very, very simple reason: the league looks fairly comitted to keeping the team in Phoenix. That’s a big, big plus right there. In fact, to me that ensures the ’yotes are staying put for now; in 2 years from now tough…
My guess is Balsillie knows this and isn’t even really commited to actually getting the coyotes. He just wants a team and is keeping the pressure on the league and other fragile ownership groups; to him, if he gets a team out of this, great, but the whole idea is to dangle 212 millions bucks in front of the third tier of owners.
by Olivier on May 7, 2009 6:57 AM MST reply actions 0 recs
That’s a great point. He may indeed just be tipping his hand a little to places like Tampa, Atlanta etc. But even so this is the second time he’s tried to circumvent the NHL and get a team moved to SoO. I think the money looks great, but the teams and the execs don’t like being forced to do anything.
Support Your Local Coyotes Blog! -
Five For Howling
by Travis Hair on May 7, 2009 7:12 AM MST up reply actions 0 recs
My guess is Balsillie knows this and isn’t even really commited to actually getting the coyotes.
I’m not sure I agree with that, if you ask me he’s putting all his eggs in one basket for this third attempt… he knows he’s already garnered enough ill-will with Bettman, the league and the board of governors in general that he can’t afford to pooch up much more, unless this is an attempt to subvert whatever support Bettman has left and in doing so, is hoping he can get Bettman removed.
Either way both sides are going to throw everything including the kitchen sink into this fight. Balsillie’s already been rallying his troops (Canadian politicians and general Canadian population) to his cause in the hopes that they will apply such tremendous pressure that the league has no choice but to cave-in or face the wrath of massive public backlash. But then again Bettman’s not stupid, he’s insane and an ass but he didn’t get to where he is today by not knowing how to play his cards… he knows he’s hated by Canadian hockey fans so to him, he already has nothing to lose by fighting to block the move.
Also a couple of interesting points have come to light as of this morning.
1) Balsillie has reportedly stated he will offer anything to Gretzky to help move the team, including offering him co-ownership and naming the arena that the moved team will play in after his dad, but Gretzky has stated repeatedly that he will not leave Phoenix for any reasons because of his family even if the Yotes leaves.
2) In addition to Balsillie’s condition of moving the team to SWO in the offer, he also has another condition which states that he will not pay or compensate MLSE anything for territorial rights, one can reasonable assume he will treat the Sabres the same way if the issue comes up with Buffalo… important because this will likely cause Leaf and Sabres ownership to oppose Balsillie.
"God's in His heaven. All's right with the world." - Robert Browning (1812-1889)
by Winkle on May 7, 2009 7:35 AM MST up reply actions 0 recs
Difference between the Phoenix situation and the Quebec/Winnipeg situations.
-Phoenix has a modern arena which was a major sticking point for both franchises
Similarity
-lack of local ownership.
A Nation of Masochists a blog dedicated to Leafs Nation, who are continually punished but keep coming back for more.
by furcifer on May 7, 2009 1:55 PM MST up reply actions 0 recs
Good luck from another Leafs fan
You should read the crap they print in the papers up here. I hope you guys can win this battle.
by Jo4nny on May 7, 2009 7:23 AM MST reply actions 0 recs
Well TEH COX has an article praising Bettman, but Cox is an idiot. After 1 pm we should have a clearer idea what’s going on. I’m sick of the pointless idle speculation from Simmons and Cox. Hopefully the Coyotes can find another buyer with similarly deep pockets as Balsillie. With the recession, however, they’re not many of them around.
A Nation of Masochists a blog dedicated to Leafs Nation, who are continually punished but keep coming back for more.
by furcifer on May 7, 2009 8:16 AM MST up reply actions 0 recs
He may not need to have as deep of pockets. the offer could be tossed out as unenforceable. In which case it goes to highest bidder that doesn’t have all those conditions.
Support Your Local Coyotes Blog! -
Five For Howling
by Travis Hair on May 7, 2009 8:36 AM MST up reply actions 0 recs
Yeah. I wasn’t meaning that he would have to outbid Balsillie. He’d just have to have enough money to pay the creditors and withstand the losses.
A Nation of Masochists a blog dedicated to Leafs Nation, who are continually punished but keep coming back for more.
by furcifer on May 7, 2009 8:38 AM MST up reply actions 0 recs
Sillieballs is
a slimeball, but moyes is even worse, to deal with him after moyes already said he wants to keep the team in Phoenix, he knows sillieballs would move the team and the only way to do it is to file BK to break the arena lease…this is a reallllllllllllly bad situation…glad i haven’t done anything but put a $100 deposit on my season tickets for next year…but even in worse case, nowhere to play til a new arena built, and a year or two of lame duck status in phoenix would really cause financial bleeding…can you say 4,000 fans per game…most with the other team’s jersey?? you could toss a grenade into section 200 and not hurt anyone…
who will rid me of this damn priest?
by goldenbear64 on May 7, 2009 11:08 AM MST reply actions 0 recs
Well if they move to Hamilton they do have Copps Colliseum which can become NHL ready with a few renovations.
I’m just hoping for the sake of Odin and you other Coyotes fans that Bettman’s motive is to keep the Coyotes in Phoenix and not just to keep them out of S. Ontario. Otherwise he could try and find investors in Vegas or K.C.
A Nation of Masochists a blog dedicated to Leafs Nation, who are continually punished but keep coming back for more.
by furcifer on May 7, 2009 11:43 AM MST up reply actions 0 recs
Copps isn’t close to NHL ready even with upgrades.
Pension Plan Puppets: A Toronto Maple Leafs blog and a group therapy session.
by PPP on May 7, 2009 11:49 AM MST up reply actions 0 recs
The article claims it was built to accomodate the upgrades.
A Nation of Masochists a blog dedicated to Leafs Nation, who are continually punished but keep coming back for more.
by furcifer on May 7, 2009 12:09 PM MST up reply actions 0 recs
Have you been to Copps?
Recently even?
I have, I’ve been there a handful of times in the past 5 years.
That place needs more than a “few” renovations to be NHL ready. It needs a massive overhaul.
Who’s going to pay for the upgrades? Balsillie whose already overpaying for the Yotes? The City of Hamilton who has been stone-broke for the past decade? The Provincial or Federal governments who have been hemorrhaging money trying to stem the tide of the economic recession?
"God's in His heaven. All's right with the world." - Robert Browning (1812-1889)
by Winkle on May 7, 2009 1:12 PM MST up reply actions 0 recs
Balsillie has said he is willing to spend $160 million to upgrade Copps. Whether that will be enough i don’t know.
A Nation of Masochists a blog dedicated to Leafs Nation, who are continually punished but keep coming back for more.
by furcifer on May 7, 2009 2:02 PM MST up reply actions 0 recs
It’s a stop-gap solution at best. There are nowhere near the number of boxes needed or seats for that matter.
Balsillie will pay for the upgrades but he might have to swallow some losses for a few years.
Pension Plan Puppets: A Toronto Maple Leafs blog and a group therapy session.
by PPP on May 7, 2009 1:44 PM MST up reply actions 0 recs
Was the Ottawa Civic Centre? The “Thunderdome” or Expo Hall in Tampa? The Cow Palace in San Jose?
There’s precedent for having teams play a few seasons in dumps while they get themselves together.
by dzuunmod on May 10, 2009 10:04 AM MST up reply actions 0 recs
cow palace wuz
exshully in san francisco…i went there to see the sharks first year in bay area…total dump, but god, was the shark tank a beautiful arena for hockey…jobing.com arena even better…but odie made the point somewhere along one of these threads that letting the yotes and sillyballs break the lease would be the death of civic-funded arenas…leaving glendale on the hook will kill westgate and glendale…
who will rid me of this damn priest?
by goldenbear64 on May 11, 2009 1:49 PM MST up reply actions 0 recs
The Civic Centre was puny. One thing that was mentioned over at Mirtle’s was that Hamilton has invested a lot of capital into the arena/convention centre complex and might not be too happy to see another arena built in the area that will steal concerts and events from them. Hamilton city council has also kept the door open to working with another group that would want to use Copps likely with an eye towards a permanent tenant.
Pension Plan Puppets: A Toronto Maple Leafs blog and a group therapy session.
by PPP on May 12, 2009 7:26 AM MST up reply actions 0 recs
Open door, closed door - same diff, right?
I guess you did specify the city council, and not the mayor.
by TD O'Dell on May 12, 2009 1:48 PM MST up reply actions 0 recs
bwahaha
Whoops.
Pension Plan Puppets: A Toronto Maple Leafs blog and a group therapy session.
by PPP on May 13, 2009 6:52 AM MST up reply actions 0 recs
The Civic Centre was puny, yeah, but that’s, you know, kind of my point. So was Expo Hall. So was the Cow Palace. And yet that didn’t stop the NHL from letting franchises operate out of them for limited periods.
No reason that couldn’t happen here.
by dzuunmod on May 12, 2009 4:20 PM MST up reply actions 0 recs
Yeah and my point is that there was an expectation that there would be a new arena built in those cases whereas in this one there is just the expectation that government funding will renovate Copps.
Pension Plan Puppets: A Toronto Maple Leafs blog and a group therapy session.
by PPP on May 13, 2009 6:55 AM MST up reply actions 0 recs
You said: Copps isn’t NHL ready, implying that there could be no team playing there. I said: sometimes the NHL has allowed teams to play in non-NHL-ready arenas.
I don’t see what’s so complicated about this. My point doesn’t necessarily exclude the possibility of playing in Copps for a season or two while they raise the funds to renovate it – I didn’t say anything definite about a new arena.
by dzuunmod on May 13, 2009 9:25 AM MST up reply actions 0 recs
Here was my point:
Copps isn’t close to NHL ready even with upgrades.
It’s a stop-gap solution at best. There are nowhere near the number of boxes needed or seats for that matter.
And you said:
There’s precedent for having teams play a few seasons in dumps while they get themselves together.
that didn’t stop the NHL from letting franchises operate out of them for limited periods.
Your point is that the NHL would allow a team to play in a crappy arena if it was over the short-term. I arguest that they might but that they wouldn’t let them if it was the long-term plan. Is that too complicated?
Then I posted an article that showed that the city wants to have them there full-time. They are looking to do $150M in renovations which suggests that it is in fact nowhere near NHL ready as I said. In addition, while the arena’s capacity is apparently 17,383 which isn’t that bad I remember reading that one failing is the ridiculously low number of luxury suites and boxes which is where most successful teams make most of their money.
Pension Plan Puppets: A Toronto Maple Leafs blog and a group therapy session.
by PPP on May 13, 2009 11:59 AM MST up reply actions 0 recs
More on Copps
Stephen Brunt: Copps Coliseum is definitely not up to current NHL standards, and would require a signficant renovation – they’d almost have to gut it, and then build inside the existing shell, which is large enough to accomodate everything required of a modern rink. If Balsillie wins total victory in the Arizona court, he would fund a quick facelift which would allow the team to begin play in Copps next October. After that, it appears he would be looking for government money to help fund the larger renovation, and he might well get it, give that there’s some political will right now to invest money in the revival of downtown Hamilton. It might well be simpler to start from scratch and build a modern arena on a different site, with ample – paid – parking. (Plus there are NHL governors dead set against the idea of a team in Hamilton under any circumstances) But Balsillie seems determined to stick with the city no matter what the obstacles.
So it’s NHL ready in that it would take essentially a rebuild to get it ready for the NHL.
Pension Plan Puppets: A Toronto Maple Leafs blog and a group therapy session.
by PPP on May 13, 2009 1:30 PM MST up reply actions 0 recs
I think you’re saying much the same thing I am, and getting awfully touchy about it.
by dzuunmod on May 17, 2009 1:56 PM MST up reply actions 0 recs
Nope
We’re not saying the same thing and I’m just trying to show you what I mean with more details :)
Pension Plan Puppets: A Toronto Maple Leafs blog and a group therapy session.
by PPP on May 21, 2009 4:48 PM MST up reply actions 0 recs
that's my point
there really isn’t a place to play unless he wants to put it into a minor league arena with only a few thousand seats or keep the club in phoenix as a lame duck, and lose boo-coo bucks….then there’s the territorial issue…leafs, sabres and redwings are prolly all broadcasting into that area and regard it as part of their fan base….gotta look at a map for that one….
who will rid me of this damn priest?
by goldenbear64 on May 7, 2009 1:36 PM MST reply actions 0 recs
It's really unfortunate
That the Coyotes have had such poor ownership. They looked very promising the first few years. I was pulling for them this year (after my Canucks at least).
All that aside, I don’t think they should move. I’d love to see another couple teams in Canada – give Winnipeg a new one, and maybe one in Hamilton or Halifax – but I absolutely don’t believe in moving teams. Give Canada a couple more teams by expansion (sure the hell makes more sense than expanding to Las Vegas). Coyotes have been in Phoenix for 13 years. That’s longer than some franchises have even existed, and personally I think that’s where they should stay.
Unfortunately a prolonged court battle is doing the Coyotes no favors even if Bettman gets his way and they stay in Phoenix. Really came to an unpleasant head here.
Oh and, I’m new. Mostly a Canucks fan (also Seattle Mariners and Houston Rockets, but that doesn’t count), but I have a soft spot for the Coyotes, Avalanche, and Penguins.
by Orion Moony on May 7, 2009 3:53 PM MST reply actions 0 recs
Welcome! THanks for coming by and posting. Hopefully you’ll be able to come by for years to come!
Support Your Local Coyotes Blog! -
Five For Howling
by Travis Hair on May 7, 2009 3:57 PM MST up reply actions 0 recs
Hopefully the Coyotes will be there for years to come.
There’s some excellent draft prospects this year. With a few good picks and trades, they aren’t that far from actually contending, and contending is the best way to reach some level of financial stability. It’s not easy playing in a division with San Jose and Anaheim, but Columbus managed to pull it off in a division with Detroit and Chicago.
by Orion Moony on May 7, 2009 4:05 PM MST up reply actions 0 recs
I believe this Bankruptcy is going to be overturned. Let Bettman and company do their deal.
This is going to be very painful for a while, but I believe that Glendale will still see Coyotes for 41 nights plus next season. Like those commercials from a couple seasons ago that implied that you cannot buy a Stanley Cup – it has to be won on the ice…you cannot petition the court system to buy a hockey team just because you orchestrated a bankruptcy proceeding to do just that.
Buffalo, Pittsburgh and Nashville were all saved. So will be the Coyotes.
And Glendale is still a great place to watch hockey…and will continue to be one.
by spiker97 on May 7, 2009 7:56 PM MST reply actions 0 recs
I disagree, Phoenix is not a good place to watch hockey. Up here in Canada, the NHL, is the number one sport, down in Arizona, and California, the ‘Yotes aren’t even close to contending with teams, like the Cardinals, Suns and Diamondbacks. Biring hockey, and the cup, to Canada, where it belongs.
MAKE IT SEVEN!!!!!!!!
by gtfophoenix! on May 7, 2009 8:19 PM MST up reply actions 0 recs
Thanks for joining. Glad your continued comments are so positive! Be sure to buy a shirt! Have a great day :)
Support Your Local Coyotes Blog! -
Five For Howling
by Travis Hair on May 7, 2009 9:17 PM MST up reply actions 0 recs
Comments For This Post Are Closed
Secondary Sidebar
FanPosts
Community blog posts and discussion.
Recent FanPosts
Pacific Standings
| GP | W | L | OTL | PT | |
|---|---|---|---|---|---|
San Jose
|
67 | 43 | 14 | 10 | 96 |
|
Phoenix
|
68 | 41 | 22 | 5 | 87 |
|
Los Angeles
|
67 | 40 | 22 | 5 | 85 |
|
Dallas
|
67 | 29 | 25 | 13 | 71 |
|
Anaheim
|
67 | 30 | 29 | 8 | 68 |
(updated 3.14.2010 at 1:25 AM MST)
Coyotes Schedule
Next 5 Games
|
@
Atlanta
|
Sun 03/14 | 2:00 PM MST |
|
@
Tampa Bay
|
Tue 03/16 | 4:30 PM MST |
|
@
Florida
|
Thu 03/18 | 4:30 PM MST |
|
Chicago
|
Sat 03/20 | 6:00 PM MST |
|
@
Dallas
|
Sun 03/21 | 4:00 PM MST |
Last 5 Games
|
@
Carolina
|
Sat 03/13 | W 4 - 0 |
|
Vancouver
|
Wed 03/10 | SO - W 4 - 3 |
|
Anaheim
|
Sat 03/06 | W 4 - 0 |
|
Colorado
|
Thu 03/04 | W 3 - 1 |
|
St. Louis
|
Tue 03/02 | L 2 - 5 |
Latest Puck Daddy - NHL from Yahoo! Sports
- Saturday's Three Stars: Pronger's heroics, Bryz blanks Canes
- Fan campaign tries to persuade Obama to 'Barack the Red'
- Oilers or Maple Leafs: Which team is closer to contending?
- Longest NCAA game ever sees Quinnipiac beat Union in fifth OT
- Friday's Three Stars: Bernier best Stars; Prospal leads Rangers
Latest stories and headlines from NHL.com
- Connauton scores in shootout as Vancouver Giants top Kamloops 6-5
- Cameron scores twice as Medicine Hat Tigers down Lethbridge Hurricanes 4-1
- Hamilton's five points lifts Niagara IceDogs to 8-1 win over Belleville
- Campagna's three points leads Sarnia Sting to 8-3 upset of Windsor Spitfires
- Oilers rookie goalie Jeff Deslauriers shows frustration in loss to Leafs
Certain photos copyright © 2010 by Associated Press or Getty Images. Any commercial use or distribution without the express written consent of Associated Press and Getty Images is strictly prohibited.
