Coyotes to Remain in Glendale for at Least One More Year
by Travis Hair on May 10, 2011 11:24 PM MST
in Breaking Coyotes News
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PrintAt yet another riveting meeting and vote, the members of the City of Glendale's city council voted 5-2 for a 25 million dollar pay out to run and manage Jobing.com Arena through the 2011-2012 season. The move will give the NHL and interested parties one last year to try and get this mess tied up for good. At least for Phoenix Coyotes Coyotes fans they don't have to worry about relocation for another year. Well, except the inevitable continuing saga that will be played up if the NHL et al doesn't wrap this up post haste.
The meeting itself was the usual mix of Coyotes fans and some rational and some not-so-rational dissent to the idea of paying the arena management fee to keep the lights on. One of the best highlights from the meeting was Mayor Elaine Scuggs slamming Jerry Moyes for bleeding the team dry and then causing this mess to begin with. Then following that up by blasting the Goldwater Institute for using this whole process as simple a way to get publicity. It's taken long enough for everyone to be fed up with this including the Honorable Mayor.
The fact of the mater is this though, Glendale approved the cash, but the team still faces an uncertain future. If there isn't a deal done by July 1 Don Maloney is going to be awfully hamstrung trying to re-sign players and bring in new talent. That in turn will cause another season in the stands like we saw this past year. That's something the team simply can't afford. The fanbase has basically been given a mulligan, and needs to get out to the arena win or lose. That's asking a lot and may not be realistic but it needs to happen. Though the alternative is just to get the deal done and frankly, I like that better.
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Lurked on this site for the last 2 seasons. Just wanted to post to say F&^# YES! Hope they can work a deal out before the season starts. If not, I’ll still enjoy another season of hockey in the desert.
LURKING? Unacceptable. =P
Thanks for signing up an commenting though. We’re excited around here too.
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by Travis Hair on May 10, 2011 11:59 PM MST up reply actions
Yeah,
lurkers registering means you guys might end up with scoundrels like that justin1985. Oh, wait…..
Per Mare, Per Terras
why bother?
They’ve had two years to find a potential owner and all they could come up with was a guy not even willing to use his own money. What good is another year? Wouldn’t any potential owners have already come forward?
Apparently, there's possibly another potential owner in the mix
One year is a long time. Hopefully, they take every day seriously, and work to get an Owner before the year is up.
Something really irritating me...
Bill Daly mentioned the possibility of getting a declaratory judgement on the lease agreement to determine if the deal was legal or not. My question is, why in the world did they wait until now to explore that possibility? It seems to me that if they just did that before the initial approval was made, they would either A) get the deal declared legal and keep GWI out of it, or B) have it declared illegal and then have more time to go back to the drawing board. Is there some reason besides stubbornness that this wasn’t explored earlier?
by AhwatukeeCoyote on May 11, 2011 7:14 AM MST reply actions
Agreed, but...
If the NHL does something too early on this, it could tip their hand. One point that I have raised often is that an agreement was in place to where the city could earn interest based on $100 million worth of bonds, helping to offset the $97 million to Hulsizer. Because of the GWI, the city is paying $25 million each year and the overall money gained on the higher interest for fewer dollars in bonds is much less. The NHL could say that the GWI cost the city a set amount of $28 million over five years (the difference between the $25 million per year and $97 million), as well as the difference in bond sales, and the arguable amount of gain in the landscape should the team not be able to make moves due to the constraints of not having an owner. The first two points are pretty rock solid with a number attached to a loss. The last bullet is too hard to put a direct number to, but could come into play as the team continues to perform well on the ice.
by BUX7PHX on May 11, 2011 9:20 AM MST via mobile up reply actions
Congratulations
Hopefully the players will be willing to stay for another year… overlooking the potential turmoil and remembering how good they were as a team. Hopefully for the sake of the team and for everyone that cheers for them, they can get this figured out sooner rather than later.
As a long-time Coyotes fan in Wpg, I’m disappointed that my team won’t be playing a 20-minute walk from my house. I hope you all can understand that feeling. But I do remember the excitement I had when the league gave us three extra months to try to figure things out and really hope it works out for you.
by MViPer on May 11, 2011 7:54 AM MST reply actions 1 recs
Thanks.
I have been wondering if there were in fact former Jets fans that still followed the franchise. Didn’t seem like it with all of the vitriol. Your post seems cool.
Per Mare, Per Terras
Another Year
Better than gone, I say. We can all speculate over the machinations of the League, the owners, etc but really have little influence in it.
I’m moving back to Arizona which means not having to fly down for games so I’m really pleased there is something to move to. Not gone doesn’t mean not ever gone but let’s be happy like the guy in Holy Grail. "Wait a bit, I’m not dead yet.
And kudos to a civil Jets fan. I know you’re out there and you deserve recognition. Good on ya.
It's true
I’m sure I’m not the only one here… as the whole thing was going on I read what people were saying and couldn’t believe they’d come on here to say them. It’s one thing to comment on TSN about thinking Wpg is a better market, but do you really have to go looking for people to piss off?
I thought about commenting back then (I’m sure I’ve been at this site much longer than most of them) but I was going to wait until things were actually decided. But now, hopefully I can give everyone here a chance to talk with a more rational Wpgger who is actually interested in having a conversation.
And… yes, while I am technically a Coyotes fan (I have the jerseys to prove it), when people ask me who I cheer for, I still answer “the Jets” because it’s easier to explain, and “Go Jets Go” is, in my opinion, the best chant you can find.
What about the Free Agents?
So what is going to happen to all the free agents? Will we be able to sign them for market value?
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