Agreed. I see this as a two year stop gap, with IA secretly looking for a new landing spot outside of the Valley. They simply cannot stay in Glendale long-term under this agreement, unless they start making some serious money at GRA, and I believe that location of that arena seriously impacts its ability to attract concerts, etc. I don't think the primary obstacle has ever been arena management.
Downtown Phoenix/Scottsdale is nice to talk about, but while I think the Suns will get their arena, the Coyotes will not benefit from being a co-tenant.
Frankly, notwithstanding what LeBlanc says, I have to believe IA is already exploring potential relocation sites, and I do not believe payment of a relocation fee will be a problem if QC and Las Vegas truly do pay in the range of $500M for expansion.
I've been a STH since the Coyotes arrived in the Valley. I see this last move as really the Coyotes putting up the white flag at this point. Sometimes karma just catches up with you....
They have to explore all options now with only a 2 year lease. I totally disagree with LeBlanc as to this new deal giving the franchise stability. The new agreement might have helped them with short term ticket sales this year and maybe short term advertising.
It seems like IA made a bad short term deal. I can only think that either the short term is so important to them and they are really strapped for cash or their was way more to the COG case then we were lead to believe. Maybe they were planning on leaving in 2 years anyway, so what is the difference then. IA settles, takes short term advertising and a few more ticket sales versus the money they would spend on a court case and a drawn out battle.
LeBlanc telling us how it effected DM and negotiations with Bods and other UFA's, I don't really buy it. Bods has been tough to negotiate with and I think he wants to be a UFA and get paid. The COG issue is a nice excuse for both sides. Now that the new lease is in place, how many new UFA's has DM signed? Zero, not that I think he should sign anyone anyway. How about Bods/extension? Now it is worse because players don't know where the franchise will be in 2 years. Who would sign a 5 year deal and then wind up living in QC/KC? Remember, to sign here you would have to take less then top dollar, since we have limited resources, and you would do that to live in Phoenix, not QC/KC, etc..
LeBlanc saying we attendance is crappy because the product was crappy last year was the problem. He says we are fixing that. Well, he is the only one in the hockey world that thinks so. We are the overwhelming consensus to be last place in the west.
The other deal that makes me wonder is Barroway becoming a majority owner and now he is not any more. It looks like he did it to get the new finance line for the club and then had a deal to take less ownership.
The obvious best solution is a down town arena with the Suns/Coyotes as the anchor tenants. That is a very long shot for that to happen.