Phoenix CXIII: Astrobucks, Omnishambles, and Other Catchy Words

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Llama19

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Jan 19, 2013
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Holy ****. They are really going to talk about replacing an arena not even 30 years old ?

And to think there is talk to retrofit the Key Arena in Seattle and there was talk to retrofitting the Colisée Pepsi in Quebec both that are well past 50 years in age.

Well, as I stated previously, it is only just a 'discussion' and not a 'plan' from the Mayor...

It will take coming before the voters, as a referendum, which is highly unlikely, and will take probably at least five years...

LeBluster(tm) and company do not have deep enough pockets to wait that long...
 
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Fairview

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Taking it to a vote would be an interesting way of determining the support of this team in this market.
 

Killion

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Holy ****. They are really going to talk about replacing an arena not even 30 years old ?

Ya, something very strange about that. How is that the Egyptians could build pyramids 5000yrs ago that are still standing yet today, 30 years & poof...
 

Llama19

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Ya, something very strange about that. How is that the Egyptians could build pyramids 5000yrs ago that are still standing yet today, 30 years & poof...

The Egyptians were/are a great culture, however, I do not think the pyramids were built for hockey but for pharaohs... :laugh:

But, I get your point... ;)

Plus, the Mayor has only three more years on his term...
 

Killion

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Feb 19, 2010
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The Egyptians were/are a great culture, however, I do not think the pyramids were built for hockey but for pharaohs... :laugh:

But, I get your point... ;)

Plus, the Mayor has only three more years on his term...

I dont know how IA hangs in there beyond the coming season, not without a major new investor & or ongoing largess from the league itself.... Not buying that ASU, Tribe nor any of the Muni's would want to do business with those guys after watching the meltdown in Glendale.... and ya, especially not one shared with Sarver & the Suns.
 

Glacial

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Jan 8, 2013
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Holy ****. They are really going to talk about replacing an arena not even 30 years old ?

And to think there is talk to retrofit the Key Arena in Seattle and there was talk to retrofitting the Colisée Pepsi in Quebec both that are well past 50 years in age.

Maybe they're trying to outdo Atlanta metro. You know, Centre Videotron is starting to show its age. It's already been open for over 5000 hours. Maybe it needs to be replaced with an 'up'grade. :naughty:
 

kihekah19*

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Oct 25, 2010
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Holy ****. They are really going to talk about replacing an arena not even 30 years old ?

And to think there is talk to retrofit the Key Arena in Seattle and there was talk to retrofitting the Colisée Pepsi in Quebec both that are well past 50 years in age.

Yes and they will retrofit AVMC for use prior to moving to the res.
 

Dirty Old Man

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Holy ****. They are really going to talk about replacing an arena not even 30 years old ?

Seriously? :laugh:

Dallas - Reunion Arena
Orlando - Amway Arena
Seattle - Kingdome
Washington - Capital Centre
Indianapolis - Market Square Arena
Atlanta - Omni Coliseum
Minneapolis - Metrodome
...and I could go on....

All right around 30 years or even less.

And look who's getting replaced now (Edmonton - 42, Detroit - 37, and they're already talking about Calgary - 33)... in about 5-10 years you'll start hearing chatter about the next generation arenas that opened in the 90s (San Jose, Anaheim, St. Louis, etc..hell Ottawa's already on the list).
 
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TheLegend

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Jude LaCava, sports editor for Fox 10 Phoenix, reported tonight he's heard Robert Sarver could be ready to invest up to $250M into a new downtown arena.

He did not mention anything about the Coyotes investing money, but did refer to the arena being occupied by both the Suns and Coyotes.

Phoenix is clearing bond monies from the pending sale of the Sheraton Hotel (mentioned in previous threads) and another downtown property, but would still have to put any commitment on their part into the arena to a public vote.

May be more details tomorrow (Tuesday) during Mayor Stanton's state of the city address.
 

TheLegend

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Aug 30, 2009
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Taking it to a vote would be an interesting way of determining the support of this team in this market.

Only about one fifth of the total "market" would be voting. And four teams are potentially involved, not one.

Not a very good measuring stick.
 

Fairview

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Jan 30, 2016
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Jude LaCava, sports editor for Fox 10 Phoenix, reported tonight he's heard Robert Sarver could be ready to invest up to $250M into a new downtown arena.

He did not mention anything about the Coyotes investing money, but did refer to the arena being occupied by both the Suns and Coyotes.

Phoenix is clearing bond monies from the pending sale of the Sheraton Hotel (mentioned in previous threads) and another downtown property, but would still have to put any commitment on their part into the arena to a public vote.

May be more details tomorrow (Tuesday) during Mayor Stanton's state of the city address.

Details, ya Details for sure. Like, why would Sarver give up what he's got going now. Invest $250 million in an arena, to receive only a fraction of the revenues.:amazed: 4 teams possibly sharing revenue??

If Sarver is going to pay half for the arena the Coyotes would have to put up the same amount of money if they want an equal share of revenue. Maybe, Phoenix is putting in the Coyotes share because they are so...SPECIAL ??
 

CasualFan

Tortious Beadicus
Nov 27, 2009
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Here is my original post (with link to the PDF), on the final $5 million payment to the NHL...

From page 85 (physical page 101 of the PDF):

"On September 20, 2013, the City and the National Hockey League (NHL) reached an agreement which calls for the final payment of the NHL 2011-12 owners fee in the amount of $5,000 [amounts expressed in thousands - ed.] to be paid by the City on September 20, 2016. This amount has been recorded and reflected as a contract payable in the general fund as of June 30, 2013."

Link to contract, Agreement Regarding Extended Payment of Owners Fee - National Hockey League - NHL:
http://www.glendaleaz.com/Clerk/Contracts/8616.pdf

Thanks. I thought they had agreed to installment payments. My bad.
 

Llama19

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Jan 19, 2013
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Arizona's pro sports bosses united by similar ambitions

To quote:

"[Coyotes President and CEO Anthony] LeBlanc named three “plots of dirt” as possible locations for the team while explaining the Coyotes are seeking an economic development structure that is typical of sporting venues in North America.

“To say that we’re looking for taxpayer handouts is not accurate,” LeBlanc said."

Source: http://www.azcentral.com/story/spor...rts-bosses-united-similar-ambitions/83210962/

Next thread title: Phoenix CXIV: Taxpayer Handouts Are Required
 
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GuelphStormer

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Mar 20, 2012
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Details, ya Details for sure. Like, why would Sarver give up what he's got going now. Invest $250 million in an arena, to receive only a fraction of the revenues.:amazed: 4 teams possibly sharing revenue??

If Sarver is going to pay half for the arena the Coyotes would have to put up the same amount of money if they want an equal share of revenue. Maybe, Phoenix is putting in the Coyotes share because they are so...SPECIAL ??

agreed. ultimately, someone has to subsidize the coyotes. the franchise simply does not generate sufficient revenues to survive and has, and as long as it remains in the valley will forever, rely on subsidies to stay alive. the best deal it could ever have hoped for was the $15M AMF, but IA screwed it up.

the team cannot continue to survive simply as a tenant in any arena. i agree with you, i find it impossible to believe that the City of Phoenix, Sarver, the Tribe, or anyone would be willing to pay to build an arena and then offer a hockey tenant any sort of sizable revenue cut - why would they? the tenant team offers absolutely nothing in return to the building owner.
 

TheLegend

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Details, ya Details for sure. Like, why would Sarver give up what he's got going now. Invest $250 million in an arena, to receive only a fraction of the revenues.:amazed: 4 teams possibly sharing revenue??

If Sarver is going to pay half for the arena the Coyotes would have to put up the same amount of money if they want an equal share of revenue. Maybe, Phoenix is putting in the Coyotes share because they are so...SPECIAL ??

Don't know..... that's why I'm not jumping to any conclusions yet and making snarky assumptions. The reported number was $250 million so AFAIK it isn't a hard number. Too many pieces in the puzzle still to be resolved.

BTW.... Sarver owns two of the 4 teams that would possibly be using the arena (Suns, Mercury).

However.... in regards to Sarver sharing an arena with the Coyotes. There's this.....

Suns spokeswoman Maria Baier, a former city councilwoman, declined to comment on Stanton's anticipated announcement. The basketball team has expressed its desire for a new facility and could potentially leave downtown Phoenix by around 2022 under its lease agreement with the city.

"Our comment is 'No comment,' " Baier said.

However, interviewed at an event held by The Arizona Republic on Monday evening, Suns owner Robert Sarver said he's not opposed to anything in terms of sharing an arena with the Coyotes. However, he said the NBA team is in its facility for at least five more years.

http://www.azcentral.com/story/news/local/phoenix/2016/04/18/phoenix-mayor-new-downtown-arena-suns-coyotes/83003502/

Which makes for some overlapping timelines.
 
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cbcwpg

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May 18, 2010
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Arizona's pro sports bosses united by similar ambitions

To quote:

"[Coyotes President and CEO Anthony] LeBlanc named three “plots of dirt” as possible locations for the team while explaining the Coyotes are seeking an economic development structure that is typical of sporting venues in North America.

“To say that we’re looking for taxpayer handouts is not accurate,” LeBlanc said."

Source: http://www.azcentral.com/story/spor...rts-bosses-united-similar-ambitions/83210962/

Still trying to twist the words... "seeking an economic development structure that is typical of sporting venues in North America" means exactly what he says they are not after... "taxpayer handouts". Taxpayer handouts just happen to be "typical".

How does LeBlanc think almost every stadium / arena has been built in the U.S. in the last 30 years.... by magic beans? They are are built on the backs of taxpayers. What makes LeBlanc even worse is he just doesn't want taxpayer money to build him the building, he will want taxpayer money to help finance his team in perpetuity.

Not sure about these numbers, but this article shows what the public purse has paid for in Arizona.

http://www.azcentral.com/story/opin...2016/04/18/arizona-stadium-spending/82989652/
 

wildcat48

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Jul 16, 2005
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Portland, Maine
The Coyotes have completed purchase of the Springfield Falcons. The only thing left is for the AHL Board of Governors to give final approval to the sale and application for relocation to Tucson, AZ for the 2016-17 season. There may be an announcement from the Coyotes this week, but I suspect that the league will want to hold off and announce both the transfer of the franchise and relocation after the BoG meets.
 

madhi19

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Don't know..... that's why I'm not jumping to any conclusions yet and making snarky assumptions. The reported number was $250 million so AFAIK it isn't a hard number. Too many pieces in the puzzle still to be resolved.

BTW.... Sarver owns two of the 4 teams that would possibly be using the arena (Suns, Mercury).

However.... in regards to Sarver sharing an arena with the Coyotes. There's this.....



http://www.azcentral.com/story/news...yor-new-downtown-arena-suns-coyotes/83003502/
Two is already a crowded schedule, unless Sarver want to dump the WNBA good luck sharing that many dates and booking shows at the same time. Who the fourth wheel anyway?
 
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