Coyotes' Tempe Arena Proposal Discussion

[RABBIT]

Bettman saying “this isn’t good news” feels like a pretty significant nail in the coffin. Not the final nail, but a big one. He’s the only one in the league actively keeping us here.

 

[AZviaNJ]

GoFundMe account?

 

[Heldig]

I am sad for all the local Coyotes fans.

It has been a very rocky road but these stories just never stop.

Almost makes me think the move to the central was a precursor for the move to Houston.

 

[Jamieh]

GoFundMe account?

I was thinking Schmaltz should pick up the tab, he's been easily overpaid by that amount!!!!

 

[moosemeister]

Totally not for sale, right?

QC talking to Bettman, for sale and a move to Houston report recently. Now this.

The taxes will get paid one way or another. It’ll cost more for the league to make the arrangements. I just really don’t see how this team survives this year.

 

[RemoAZ]

There HAS to be something else going on. Like I said earlier, there's no way they can't pay that small of an amount when the owner is letting the GM take on contracts for draft picks. No way. There's more to this story we don't know yet.

 

[Kai Yo T]

GoFundMe account?

Haha! If the owner of the team won't tap into his billions in assets to pay a bill, I sure won't pay it for him lol.

 

[RemoAZ]

 

[RemoAZ]

 

[TheLegend]

Negotiating tactic or not..... this was asinine on Meruelo's part to allow this to go this far.

You don't screw around when it comes to paying taxes at any level.

 

[Kai Yo T]

 

[LuckyNumber11]

The fact the team hasn’t made a statement yet feels telling

 

[Kai Yo T]

The fact the team hasn’t made a statement yet feels telling

Cover-ups take time to plan out lol

 

[Heldig]

And I thought this new ownership was finally the solution...seems Covid really harmed his cash flow.

 

[MIGs Dog]

And I thought this new ownership was finally the solution...seems Covid really harmed his cash flow.

That can't be why they are delinquent on $1.5 mil. What's the annual operating budget for the Coyotes? Has to be over $100 mil...no? We're talking less than 2% of annual expenses.

 

[Jamieh]

That can't be why they are delinquent on $1.5 mil. What's the annual operating budget for the Coyotes? Has to be over $100 mil...no? We're talking less than 2% of annual expenses.

Westhead has stats on his Twitter of 2021 revenue at $66 million and a $33 million loss so your $100 million would be really close. Either way some really stupid decisions to get to here.

 

[Heldig]

That can't be why they are delinquent on $1.5 mil. What's the annual operating budget for the Coyotes? Has to be over $100 mil...no? We're talking less than 2% of annual expenses.

Well, he could just be a **** and doesn't care about optics at all, daring the City to do what it has done. This is not the first delinquent payment incident with Muerelo.

 

[Mosby]

Best way to get Strang to stop writing stupid articles is to stop doing stupid things.

 

[MIGs Dog]

I love the trades BA did where we took on other teams unwanted salary, but we also signed some FAs. Jaskin's $3.2 mil could have paid the taxes and the team wouldn't be any worse off in the standings.

 

[GhostofTommyBolin]

Report: Coyotes may get locked out of arena due to unpaid charges, taxes

 

[Bonsai Tree]

I just read that the COG is threatening to lock out the Coyotes if unpaid rent to the tune of 1.3million is not paid. Lockout date is 12/20/21. azcentral.com

 

[MIGs Dog]

Well, he could just be a **** and doesn't care about optics at all, daring the City to do what it has done. This is not the first delinquent payment incident with Muerelo.

I could see this as either a negotiating tactic or petty tit for tat with Glendale, but apparently the team also owes state taxes.

 

[GhostofTommyBolin]

Report: Coyotes may get locked out of arena due to unpaid charges, taxes

 

[DOTS13]

Such a joke.

 

[Kai Yo T]

Well, he could just be a **** and doesn't care about optics at all, daring the City to do what it has done. This is not the first delinquent payment incident with Muerelo.

This is what i suspect to be (at least partially) the case here.

That they're most likely being an asshole just trying to bully down the amount due on a valid agreement between the team and the city, now that the bill is actually due. Glendale wants it's money as agreed to.