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Matthew Hulsizer Meets Board of Governors, Says the Right Things

GLENDALE AZ - OCTOBER 16:  Matthew Hulsizer (C) CEO of PEAK6 Investments attends the NHL game between the Detroit Red Wings and the Phoenix Coyotes at Jobing.com Arena on October16 2010 in Glendale Arizona.  (Photo by Christian Petersen/Getty Images)

It wasn't an earth sharrtering day, but all news looks good coming out of the Board of Governors meeting in Florida. While nothing was voted upon as he and his investment group look to conclude their business with the City of Glendale, reports seem to indicate that once that hurdle is cleared things with the Board should progress quickly and smoothly. A lot of what fans have heard today is just in sound bites and various small reports from those at the meetings. Here are some of the quick highlights:

-The Glendale City Council is expected to vote on the lease agreement between the City and Hulsizer in the next general meeting which is on December 14th. Fans and others will have confirmation of this by Friday as the city is required to release the agenda and any necessary documents for review by citizens by that time. 

- Hulsizer told the Board of Governors that if necessary he was prepared to pay for the losses that the team would incur in the future. While many reporters like to throw around that 20 million dollar number as the standard, with competent management at the helm that number should decrease rather quickly and consistently.

- He also said that he would bring in a new team president to manage things but that GM Don Maloney and Head Coach Dave Tippett would remain in place. Hulsizer said "It will be somebody with experience, somebody you will look at and say, 'Yeah, I get it, this is a person that is an A player.'"

- Our friends from Ice Edge Holdings could have a small minority role in the team, but Hulsizer will own the vast majority of the Coyotes. 

All the news and everything he and others are saying point to this being done by Christmas which means that we Coyote fans will have at least one awesome present under the tree this year. 

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From: http://www.nhl.com/ice/news.htm?id=545518

On the Phoenix Coyotes front, prospective new owner Matt Hulsizer was expected to interview with the Board’s executive committee Monday morning to provide an update on his talks with the city of Glendale and his plans to purchase the team from the NHL.

From: @JSportsnet

Hulsizer commits franchize to Glendale…"for the forseeable future…probably past my lifetime"

From @DarrenDreger

Hulsizer spoke to media after mtng with NHL exec board. Says he knows he is going to lose $ on Coyotes. Says deal will close before Jan 1

@JSportsnet

Leaving Executive Meeting, Hilsizer says he will have partners…and hire a new President fro the Team

@phoenixcoyotes

Hulsizer: "I’m optimistic that we are going to get this thing done by the end of the (calendar) year."

As Featured in Sports Illustrated: http://tinyurl.com/TimmyHate
New Zealand's Number 1 Coyotes Fan - and I have the photos to prove it!
!AWOOOOOOOOO!

by TimmyHate on Dec 6, 2010 2:14 PM MST reply actions  

My thoughts

My condolences to the thrashers – your gonna be getting trolled soon by the Winnipeggers

Reality is that this could well be the end of a long and torturous process for us coyotes fans, and I for one will be happy to see the back of it.

As Featured in Sports Illustrated: http://tinyurl.com/TimmyHate
New Zealand's Number 1 Coyotes Fan - and I have the photos to prove it!
!AWOOOOOOOOO!

by TimmyHate on Dec 6, 2010 2:16 PM MST reply actions  

True that. On all points.

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JaredFromLondon: ...Odin, he's cool.

by Travis Hair on Dec 6, 2010 2:21 PM MST up reply actions  

Right on target with the ATL. Not just Winnipeggers either. They’ll get some Southern Ontario and Quebec City folks as well. At least I get that. It’s certain media members that drive me nuts and probably will drive them nuts as well.

The Artist Formerly Known as CP2Devil.
Links guy at Five For Howling.

by Carl Putnam on Dec 6, 2010 3:12 PM MST up reply actions  

A fate

a wouldn’t wish on my worst enemy.

That was a rhetorical question. I don't really care what you say.

by soco on Dec 6, 2010 9:35 PM MST up reply actions  

I live amongst such nuts lol.

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by Yotes Lover on Dec 7, 2010 3:03 PM MST up reply actions  

Wooooohooooooooo!

That was a rhetorical question. I don't really care what you say.

by soco on Dec 6, 2010 9:34 PM MST reply actions   1 recs

Conditional congratulations to you guys

I say “conditional” because lord knows you guys have been through enough teases, but man this one looks close to the finish line.

So cheers to all you Yotes fans who’ve lived through this. Best of luck, and here’s hoping the worst is behind you.

Lighthouse Hockey: No Streit, no Okposo...not that we particularly care.

by Dominik on Dec 8, 2010 1:52 PM MST reply actions  

Thanks Dom!

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JaredFromLondon: ...Odin, he's cool.

by Travis Hair on Dec 8, 2010 4:08 PM MST up reply actions  

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