Did someone say two more weeks....?
http://www.bizjournals.com/phoenix/news/2011/02/11/coyotes-bond-sale-slated-for-late.html
Did someone say two more weeks....?
http://www.bizjournals.com/phoenix/news/2011/02/11/coyotes-bond-sale-slated-for-late.html
oh man...i was so looking forward to this being over.....that sound you hear is mark chipman banging his forehead on his desk.
Despite Bettman saying there's no drop-dead date, you have to figure they'll draw a line in the sand eventually.
I can't see the NHL letting this drag on into March without a resolution.
oh man...i was so looking forward to this being over.....that sound you hear is mark chipman banging his forehead on his desk.
The sad thing is that this statement could essentially have been copied and pasted into ANY of the previous 19 threads on this subject and would STILL have been relevant.
i wonder what the legal and financial requirements are
Hulsizer is likely asking for it to be delayed so that it doesn't take focus away from the trade deadline. Already showing what a great company man he is.
Then why is Elman so interested in the coyotes staying?
Hulsizer is likely asking for it to be delayed so that it doesn't take focus away from the trade deadline. Already showing what a great company man he is.
I would have used the sarcasm symbol to help you out but I don't use emotycons...ever.I'm sorry...
You're ignoring the inevitable 2 week delay announced on the 21st.Bonds won't go onsale until Feb 28th, trade deadline is Feb 28th. Did you mean he wanted it to coincide with the trade deadline?
The lease states the $97M is paid in equal monthly installments over 5 1/2 years. Works out to ~$1.5M per month. If it can clear the hurdle the management fee is reasonable and demonstrate the city pays on average ~$1.5M per month on Arena expenses (remember MH will take over all Arena operating expenses, meaning the city is relieved of that responsibility), that monthly payment of $1.5M is a wash.
To me getting the bonds rated is kind of like being pre approved for a mortgage before making an offer on a house. Then after MH's offer is accepted by the BOG then the bonds would be sold. That's just my theory.
Some people have suggested that the COG can't sell the bonds without having some guarantees in place meaning knowing that MH & NHL deal is absolutely going to be sealed. If COG sold the bonds, GWI sued and then the NHL walked yikes. So I can see that lots needs to be done. I would think that paperwork is ready but certain things have to happen in a certain order for things to fall in place.
To me getting the bonds rated is kind of like being pre approved for a mortgage before making an offer on a house. Then after MH's offer is accepted by the BOG then the bonds would be sold. That's just my theory.
I would have used the sarcasm symbol to help you out but I don't use emotycons...ever.
You're ignoring the inevitable 2 week delay announced on the 21st.