RAgIn
Registered User
And once it does, both the NHL and those on Glendale city council who voted for the $197 million deal with Hulsizer will have a convenient scapegoat to blame for the demise of the pact - the Goldwater Institute. The public watchdog has vowed to file a lawsuit to block the sale of municipal bonds to finance the purchase of the Coyotes. The Goldwater Institute has been steadfast in its insistence the deal between Hulsizer and the city of Glendale, which includes an upfront payment of $100 million to Hulsizer, violates Arizona law with respect to public subsidies.
NHL commissioner Gary Bettman and those on Glendale council who held their nose and voted to approve the lease at Jobing.com Arena to keep the Coyotes in Phoenix will be off the hook and will simply be able to blame the Goldwater Institute and its incessant meddling as the reason why the deal could not work.
Campbell is absolutely right. Nice exit for the NHL, Hulsizer and the COG.