Speculation: Ownership Saga: Coyote's Renaissance (Read Post #1)

Discussion in 'Arizona Coyotes' started by Howler Scores, May 24, 2013.

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  1. Sinurgy

    Sinurgy Uncle G

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    lol...yeah that's the hing factor right there. I for one can't wait to go watch a show at the Desert Schools Sally's Mountain Dew AZ Outfitter's Theater!
     
  2. ClassLessCoyote

    ClassLessCoyote Staying classy

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    Not surprised to see another lease with a huge upside to the owner and with an outcluase. Not surprising to see that Glendale will get some things as well. Those who have paid attention saw this coming.

    Now comes the interesting part all of us want to know; is this $50 Million number creative accounting proof? Moyes was known to inflate the teams losses with the losses of his other business for tax write-off purposes.
     
  3. doaner

    doaner Registered User

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    Yup. It's a give and take.
     
  4. RABBIT

    RABBIT "I sure as sh*t want to win" - Alex Meruelo Sponsor

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    I really don't have any idea what the **** is going on anymore.
     
  5. rt

    rt Registered User Sponsor

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    Things are essentially as they have always been. There's an offer on the table that is supposedly "final". Yet the sides are going back and forth and it would appear this is still negotiable. The council will vote on some form of a deal that's similar to the one we've seen on Tuesday. They might vote to accept the deal, they might not. Nobody knows what the outcome of that vote will be at this point.

    Even if they vote to take the deal, it could still fall apart. Jamison's did. Hulsizer's did. There is always the unforeseen monkey wrench that could show up at the last minute.

    Even if no such landmines appear, and the deal is finalized, sale complete - there is a very, very real possibility that RSE is unable to turn this mess around in five seasons. If they can't, they have an out clause. We could end up right back here a half decade from now with the same headaches.

    So, what you should be hoping for is that the deal can somehow become more appealing to Glendale without severely limiting RSE's chances of actually making it work in the next five seasons. Then, you should hope the council votes for it. Then you should hope nothing else screws it up before it's finalized. Then you should hope that RSE can turn hockey around in the valley for the first time ever and start making some money for themselves and for the city.

    The odds are not good. When have they ever been? They've got as good a shot now as ever.

    As for us? Same as always; just wait around...
     
  6. rt

    rt Registered User Sponsor

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    Craig Morgan @cmorganfoxaz 27th June 2013 from TwitLonger
    Glendale Mayor Jerry Weiers on the current developments: "Three council members have forced my hand to have a voting meeting on July 2. I still don’t think negotiations are finished. But if we have to cease negotiations, by God, I want this to be public.”
     
  7. RABBIT

    RABBIT "I sure as sh*t want to win" - Alex Meruelo Sponsor

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    :cheers:

    Appreciate it brotha.
     
  8. zz

    zz Registered User

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    Keep in mind that there's an $ 80M loan that's already set up to cover expected debt. The way I understand it, once 60% of that amount gets used to keep the franchise running and 5 years have passed, the team can relocate.
     
  9. IPreferPi

    IPreferPi A Nonny Mouse

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    Weiers finally eschews the muzzle:

     
  10. zz

    zz Registered User

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    I honestly don't know whether I should laugh or cry.
     
  11. Sinurgy

    Sinurgy Uncle G

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    I.e. maybe
     
  12. rt

    rt Registered User Sponsor

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    Bettman and Daly basically came right out and said if they don't vote for the deal on July 2nd, they will relocate the Coyotes to another market.
     
  13. IPreferPi

    IPreferPi A Nonny Mouse

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    Kudos to RSE for showing the door to Hulsizer - 45 million or not, that bozo's time has passed.

     
  14. rt

    rt Registered User Sponsor

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    Agreed. Hulsizer gone is good news. I'm not interested in rooting for a team he owns, regardless of where they play. I don't need that meddling monkey molesting my maloney.
     
  15. XX

    XX Sticky Icky Icky

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    So about all the meeting did was put to bed the notion that the team can't be relocated, and that July 2nd is apparently a hard deadline. So in less than a week we will know if hockey has a future here in the valley.
     
  16. Howler Scores

    Howler Scores Registered User

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    KTAR smack down
    https://twitter.com/Gambo620
    https://twitter.com/cmorganfoxaz
    https://twitter.com/Hedgeye
     
  17. rt

    rt Registered User Sponsor

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    You say "about all" like it's not a big deal. Gary Bettman just stated publicly that if Glendale doesn't give him what he wants in the next five days that he's moving the Coyotes out of Glendale.

    This is the biggest news since the BK.
     
  18. jdfitz12

    jdfitz12 Registered User

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    Glendale Mayor Jerry Weiers on a July 2 vote: "My concern, quite honestly, is the fact that we’re trying to rush to get something done and I don’t think we’re being responsible in taking our time to go through the details."


    REALLY !!!
     
  19. XX

    XX Sticky Icky Icky

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    Only if you thought it was somehow unexpected. This is the first season where the NHL would be on the hook for unlimited losses. Pretty clear that the team would be moved if they were still on the hook. They basically said as much at their presser a week or two ago.
     
  20. IPreferPi

    IPreferPi A Nonny Mouse

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  21. coyotes

    coyotes Registered User

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    Okay let's get down to the votes and predictions. This is what it comes down to on July 2nd. Based on discussions, voting history and innuendo, this is where I see the votes going

    Yvonne Knaack = yes
    Gary Sherwood = yes
    Manny Martinez = yes
    Norma Alvarez = no
    Sammy Chavira = no (he replaced Joyce Clark who was pro-Coyotes)
    Ian Hugh = no

    Jerry Weiers = Yes, it's going to come down to him. He has been to Coyotes games and is allegedly a fan. However, he doesn't appear to like the current deal and wants to delay it. However, all politicians are self preservationists first. And the mayor knows that if he is known as the person to kill the Coyotes deal, that is political suicide for him. He will do what any good politician does, he will vote in a way that improves his chance of re-election. He will vote Yes

    Coyotes remain!!
     
    Last edited: Jun 27, 2013
  22. Howler Scores

    Howler Scores Registered User

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    Weiers will be a big fat no. However, I am starting to wonder about Chavira. Granted he may have joined the "yes to the vote" gang to get it over with, but if he cant get his buddy a Management deal, why should Weiers get his?
     
  23. rt

    rt Registered User Sponsor

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    Suspicions didn't mean much to me. Now that they are confirmed, it's a bombshell for me.
     
  24. XX

    XX Sticky Icky Icky

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    I don't think Kaites is involved. Does he even have prior links to either group? The dude is lower than snake **** in local politics. He is linked to damn near everything, including the Reinsdorf bid to save the Coyotes. He greases wheels for a living.

    Kudos to Chavira for at least forcing the thing to a vote. I would have been more hopeful if it was Martinez, who apparently switched to the dark side, that forced the vote.

    The 2nd will be a total circus if they allow public comments. I could easily see a few tentative votes melting under the pressure of a room full of Coyote fans. These are local politicians after all, not cold blooded league officials who run things from a distant office.
     
  25. IPreferPi

    IPreferPi A Nonny Mouse

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    I'm inclined to think Weiers will be a yes too ultimately. But like with Jamison, I'm sure there's going to be more tweaking and compromising after the deal gets approved to mollify Glendale's legitimate concerns. Which of course opens the door for further complications along the way.
     
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