Part XIV: Phoenix Coyotes - To Infinity And Beyond....

[Killion]

6B) Which is likely to include casino's (according to my "sources" in the Peg) with a portion of those revenues shared between the Province, City & Team. Welcome to CFD's Canadian Style....
(sorry, no perogy icon)

 

[Wham City]

Thread titles?

"So I says to Mabel, I says."

 

[Tommy Hawk]

Keeping in the movie theme, how about The Neverending Story??

 

[LadyStanley]

Keeping in the movie theme, how about The Neverending Story??

 

[lockstock]

"So I says to Mabel, I says."

I think Vonnegut's version is more appropriate, because it goes on forever.
"My name is Yon Yonson, I come from Wisconsin. I work in a lumber yard there. Everyone that I meet when I walk down the street, says "Hello! What's your name?" And I say: My name is Yon Yonson, I come from Wisconsin..."

 

[selkie]

Wasn't there discussion about 20 pages back about how the next thread title had to contain the word "imminent"?

I'm also fond of Emerson Lake & Palmer's "Welcome back my friends. To the show that never ends"

 

[RECCE]

Wasn't there discussion about 20 pages back about how the next thread title had to contain the word "imminent"?

I'm also fond of Emerson Lake & Palmer's "Welcome back my friends. To the show that never ends"

Dawn Of Demise "Extinction Seems Imminent"

 

[lockstock]

Imminent Bail Out by Buckcherry
http://www.pandora.com/music/song/buckcherry/imminent+bail+out

 

[ps241]

from the the NHL, the CoG, and Matt to HFBoards:

"you want the truth.....you can't handle the truth"

 

[Fugu]

from the the NHL, the CoG, and Matt to HFBoards:

"you want the truth.....you can't handle the truth"

I think we had that one. Part X.

 

[ps241]

I think we had that one. Part X.

sorry Fugu i have only been around since March......and i thought my plagiarsim days were behind me when i left university!!

 

[Jeffrey93]

I'm so happy that the NHL has not yet "broken through" with the main stream media.

Could you imagine if the NHL were heavily covered by ESPN and this was going on?

It's weird....it is like the NHL's rather unknown brand is helping the NHL cover up the massive screw-ups they have made.

Thank the hockey Gods that the NHL has no huge TV deal right now....because the Coyotes debacle coupled with the Stars, Thrashers, Sabres, etc. sales would not look very pretty if it was getting national TV coverage.

 

[Ludwig Fell Down]

You could use my favorite country song, to describe IEH:

"How can I miss you, when you won't go away."

 

[FabledKnight]

I haven't heard any information for months now on the Coyotes. Can I ask, what is the current status of this team?

 

[LadyStanley]

I haven't heard any information for months now on the Coyotes. Can I ask, what is the current status of this team?

Owned by the league. Could have new owner by the end of the calendar year.

 

[Acesolid]

I haven't heard any information for months now on the Coyotes. Can I ask, what is the current status of this team?

''Waiting, waiting for the worms''

Basically, the team is still under NHL ownership (and they wont even charge Glendale for the costs, like they said they would ) and the NHL, a potential buyer (Hulitzer), and Glendale are in discussion for him to buy the team.

However, he wants the NHL to take a loss on the sale, a 5 year out clause to allow him to leave Glendale with the Coyotes after 5 years, and of course 25 millions in subsidy every single year from Glendale. So there are 2 outcomes:

1: if the deal gets done (somehow) the Coyotes are saved! (at least until they go bankrupt again or if they cant pull a miracle on ice and become profitable during the next five years)

2: The deal doesn't get done and the team is shipped to Winnipeg.

 

[FabledKnight]

Thanks. Is there a deadline for this deal?

 

[gollybass]

''Waiting, waiting for the worms''

Basically, the team is still under NHL ownership (and they wont even charge Glendale for the costs, like they said they would ) and the NHL, a potential buyer (Hulitzer), and Glendale are in discussion for him to buy the team.

However, he wants the NHL to take a loss on the sale, a 5 year out clause to allow him to leave Glendale with the Coyotes after 5 years, and of course 25 millions in subsidy every single year from Glendale. So there are 2 outcomes:

1: if the deal gets done (somehow) the Coyotes are saved! (at least until they go bankrupt again or if they cant pull a miracle on ice and become profitable during the next five years)

2: The deal doesn't get done and the team is shipped to Winnipeg.

impressive that you know he is demanding all this stuff when none of the lease negotiations have been made public. Are you a psychic?

 

[gollybass]

Thanks. Is there a deadline for this deal?

All we know is that the NHL had a december 31st deadline for the COG to find a potential buyer, after this they are free to negotiate with possible relocation candidates.

as far as the sale goes, we really don't know anything, all we know is that Glendale are having special meetings on Tuesday and Wednesday behind closed doors with regards to the Coyotes.

we also know Hulsizer is being introduced to the governors at the BOG meetings on monday.

Sources around the sale have told us that it is expected to be completed before the end of the calendar year.

there have been rumors regarding price etc, but they are just that, rumors. COG MH and the NHL have been very good at keeping this a business transaction AKA private.

To answer your question straight up, no there is no fixed firm set in stone deadline for the deal.

 

[dkehler]

All we know is that the NHL had a december 31st deadline for the COG to find a potential buyer, after this they are free to negotiate with possible relocation candidates.

as far as the sale goes, we really don't know anything, all we know is that Glendale are having special meetings on Tuesday and Wednesday behind closed doors with regards to the Coyotes.

we also know Hulsizer is being introduced to the governors at the BOG meetings on monday.

Sources around the sale have told us that it is expected to be completed before the end of the calendar year.

there have been rumors regarding price etc, but they are just that, rumors. COG MH and the NHL have been very good at keeping this a business transaction AKA private.

To answer your question straight up, no there is no fixed firm set in stone deadline for the deal.

No. As has been pointed out numerous times, the NHL can negotiate with whoever they want as clearly laid out in the agreement. They just can't close a sale that would involve relocation before January 1, 2011.

 

[RECCE]

No. As has been pointed out numerous times, the NHL can negotiate with whoever they want as clearly laid out in the agreement. They just can't close a sale that would involve relocation before January 1, 2011.

Correct Sir!

I'll post it yet again for the absent minded.

 

[FabledKnight]

thanks

 

[Whileee]

impressive that you know he is demanding all this stuff when none of the lease negotiations have been made public. Are you a psychic?

Only a few folks posting here are psychic, and sadly I am not one of them, so I have to rely a bit on past history and logic. Previously, the City of Glendale has approved MOUs that included provisions for up to $100 million in subsidies (via CFD), along with recourse for the owner through a guaranteed sale price and possibly an opportunity to sell outside Glendale if the CFD is not adequate. I think it is logical to assume that the new owner would expect something similar, don't you? Or do you think that Glendale has taken a harder line in negotiations with Hulsizer than he did with Reinsdorf or IEH?

 

[MAROONSRoad]

From the Larry Brooks article on Islanders:

The league is believed to have pumped approximately $200 million into the Phoenix operation, money Bettman must somehow recover and return to the other 29 clubs, so it is not as if he can exactly go to the Board for approval to write checks to the Islanders.

http://www.nypost.com/p/sports/islanders/bettman_must_act_to_save_sinking_tlPXRiMeKv9AagGUqYelvI

I wonder where he got the $200 million number from? The League bought the franchise for around $140 million so if losses last year were around $25 million that comes to around $165 million. Then you could add several million for legal and administrative type costs. It's still well short of $200 million unless they had greater losses or are including this years losses which are supposed to be covered by COG's escrow funds. Thoughts?

GHOST

 

[gollybass]

From the Larry Brooks article on Islanders:



http://www.nypost.com/p/sports/islanders/bettman_must_act_to_save_sinking_tlPXRiMeKv9AagGUqYelvI

I wonder where he got the $200 million number from? The League bought the franchise for around $140 million so if losses last year were around $25 million that comes to around $165 million. Then you could add several million for legal and administrative type costs. It's still well short of $200 million unless they had greater losses or are including this years losses which are supposed to be covered by COG's escrow funds. Thoughts?

GHOST

From a dark place on the back of his body? Especially with forbes stating losses were 20 million last year. Ah the joy of rounding millions to the hundreds !