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-   -   Coyotes sale could be finalized next week (http://www.hockeyfights.com/forums/f14/coyotes-sale-could-finalized-next-week-173476/)

canuck2 04-30-2012 03:25 PM

Coyotes sale could be finalized next week
 
It's very close. Greg Jamison and the Glendale city council are finalizing the agreement.
The city of Glendale will pay the Jamison group 17.5 million dollars a year as a "management fee" to run the arena and mitigate some of the losses.
In return Jamison will give the city a 20 year agreement.

We've all heard this song and dance before but I've never heard it's this close. I'm not sure how Goldwater will handle the management fee situation considering it's essentially a tax payer's handout. But Glendales hands are tied. Without the coyotes they still pay the 225 million dollar bond on the arena yet have little revenue to offset it. The vulture's realize that.

gdameo 04-30-2012 04:44 PM

a source would be nice. thanks.

pigfarmer 04-30-2012 04:55 PM

I'm guessing radio.

Anyways, do we really need another one of these C2? :D Even if said deal goes through I'm sure we'll be talking about what its going to cost to break the lease within a few years...

canuck2 04-30-2012 05:10 PM

Quote:

Originally Posted by gdameo (Post 2466499)
a source would be nice. thanks.

AZ republic or Phoenix business journal.

Why need a source? Am I not trustworthy?:D

chilly666 04-30-2012 05:15 PM

is it that hard to actually post the link to it?

canuck2 04-30-2012 06:08 PM

Quote:

Originally Posted by chilly666 (Post 2466519)
is it that hard to actually post the link to it?

Yes sir it is. My work computer does not allow posting links.

Is it that hard to look up the phoenix business journal and see for yourself?:D

chilly666 04-30-2012 06:10 PM

i doubt that...well when most of us post stuff, we post links for it so everyone else doesn't have to do the research for it. it's the nice thing to do...wait...nevermind.

canuck2 04-30-2012 06:16 PM

Quote:

Originally Posted by chilly666 (Post 2466550)
i doubt that...well when most of us post stuff, we post links for it so everyone else doesn't have to do the research for it. it's the nice thing to do...wait...nevermind.

I understand. I apologize for not being able to do that.

what do you think of the Coyotes staying in Phoenix?

chilly666 04-30-2012 06:56 PM

Phoenix Business Journal

chilly666 05-01-2012 05:03 PM

i doubt this happens and phoenix is moved

mike56 05-01-2012 07:20 PM

It would be great to see what Maloney and Tippet could do w/o restriction on spending.

fcm 05-01-2012 07:51 PM

It's like the 10th time they must be sold.

ScottRasner 05-02-2012 01:23 AM

Rumor is the sale has been approved by the NHL, Glendale and Jemison. Formal announcement set for next week.

mikebflorida 05-02-2012 10:46 AM

I'll give them $150 cash and keep them in Phoenix.

29th_Candidate 05-02-2012 12:38 PM

FuQuebec.


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