Phoenix XXXVI - There's got to be a morning after

[LadyStanley]

Previous thread. http://hfboards.com/showthread.php?t=907531

Click to read more...

 

[Roadrage]

Only 4000 more replies and we can get to Part XL! Putting it out there now...Part XL - Xtra Large and in Charge!

 

[WheresJoe]

Did anything important happen in the Glendale meeting today?

 

[yotesreign]

Did anything important happen in the Glendale meeting today?

SPECULATION: They ran out of cupcakes and voted 4-3 to order some from Darcy without seeking competitive bids.

 

[CasualFan]

Did anything important happen in the Glendale meeting today?

Yes. The Mayor attempted to solve a quadratic equation while Phil Lieberman sang Marty Robbins songs to a small child in a Coyotes sweater.

 

[Confucius]

Yes. The Mayor attempted to solve a quadratic equation while Phil Lieberman sang Marty Robbins songs to a small child in a Coyotes sweater.

I wonder if that kid, what's his name? Has graduated from college yet.

 

[Dado]

I heard Scruggs and Lieberman got up on the chamber table and performed a duet of "Some Velvet Morning".

 

[Go Yotes 97]

Banner day for Glendale. Ugh.

http://www.azcentral.com/community/...e-phoenix-coyotes-bankruptcy-anniversary.html

http://www.azcentral.com/community/...dale-casino-ruling-in-favor-of-tribe-brk.html

 

[kdb209]

To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player,
That struts and frets his hour upon the stage,
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.

12-08-2008 Hockey in The Desert (Phoenix franchise and finance/business matters)
02-04-2009 Hockey in the Desert II (Phoenix Coyotes franchise and business matters)

05-05-2009 Balsillie puts in $212.5 mil offer for the Coyotes
05-07-2009 Balsillie/Phoenix part II
05-18-2009 Balsillie/Phoenix part III
05-22-2009 Balsillie/Phoenix part IV
06-03-2009 Balsillie/Phoenix part V
06-09-2009 Balsillie/Phoenix Part VI
06-12-2009 Balsillie/Phoenix Part VII: I'm just waitin' on a judge
06-16-2009 Balsillie/Phoenix Part VIII: It's dead, Jim
06-24-2009 Balsillie/Phoenix Part IX: 'Dorf on Hockey
07-25-2009 Phoenix bankruptcy/ownership Part X: The Truth? You Can't Handle The Truth!
08-03-2009 Phoenix bankruptcy/ownership Part XI: A Fistful of Dollars?
08-07-2009 Phoenix bankruptcy/ownership Part XII: For a Few Dollars More
08-12-2009 Phoenix bankruptcy/ownership Part XIII: The Good, The Bad, and The Ugly
08-21-2009 Phoenix bankruptcy/ownership Part XIV: The Wrath of Baum
08-27-2009 Phoenix bankruptcy/ownership Part XV - SITREP: SNAFU
09-02-2009 Phoenix bankruptcy/ownership Part XVI: Barbarian at the Gate
09-08-2009 Phoenix bankruptcy/ownership Part XVII: Wake Me Up When September Ends
09-10-2009 Phoenix bankruptcy/ownership Part XVIII: Is that a pale horse in the distance?
09-12-2009 Phoenix bankruptcy Part XIX: How I Learned to Stop Worrying and Love the Baum
09-21-2009 Phoenix Bankruptcy Part XX: There Will Be Baum
09-28-2009 Phoenix Bankruptcy Part XXI: 2009 -- A Sports Odyssey
10-26-2009 Phoenix Bankruptcy Part XXII: Long and winding road

11-24-2009 Keeping up with potential owners for NHL Phoenix Coyotes (UPD: Ice Edge signs LOI)
03-14-2010 Part II. Potential owners of NHL's Phoenix Coyotes
03-26-2010 Part III. Prospective Owners - Phoenix Coyotes (UPD Lease vote 4/13; IEH signs MOU)
04-10-2010 Part IV Phoenix Coyotes post bankrtuptcy; UPD COG approves Reinsdorf MOU, not IEH MOU
05-02-2010 Part V Phoenix Coyotes post bankruptcy UPD Reinsdorf out? IEH back in? else Winnipeg?
05-11-2010 Part VI Phoenix Coyotes post bankruptcy
05-23-2010 Part VII Phoenix Coyotes post bankrtuptcy
06-07-2010 Part VIII: Phoenix Coyotes Post-bankrtuptcy
06-22-2010 Part IX: Phoenix Coyotes Post-bankruptcy UPD: Pres Moss fired 6/30 with IEH input
07-26-2010 Part X: Phoenix Coyotes - Between Scylla and Charybdis
08-27-2010 Part XI: Phoenix Coyotes -- Greetings, Starfighter, You have been selected ...
09-16-2010 Part XII: Phx Coyotes - Still haven't found what I'm looking for
10-12-2010 Part XIII: Phoenix Coyotes - The Final Cut?
10-27-2010 Part XIV: Phoenix Coyotes - To Infinity And Beyond....
12-05-2010 Part XV: Phoenix - the battle of evermore
12-14-2010 Part XVI: Phoenix -- Money for Nothing
12-20-2010 Part XVII: Phoenix -- Thread Title Available For Lease
01-09-2011 Part XVIII: Phoenix -- Imminence Front
01-24-2011 Phoenix XIXth: Nervous Breakdown
02-02-2011 Phoenix XX: Two weeks
02-11-2011 Phoenix XXI: When will then be now?
02-22-2011 Phoenix XXII: It's Now or Never
02-28-2011 Phoenix XXIII - Bond: The Phoenix Project
03-03-2011 Phoenix XXIV: How many twists does the scriptwriter have left?
03-07-2011 Phoenix XXV: Anyone in the theatre seen a pale horse?
03-08-2011 Phoenix XXVI: Pain in the AZ
03-11-2011 Phoenix XXVII: Can we all get along?
03-16-2011 Phoenix XXVIII: Lawyers, Bonds and Money
03-20-2011 Phoenix XXIX: What's the next act? I'm tired of the dog & pony show
03-22-2011 Phoenix Part XXX Hulz, you gotta get a gimmick if you want to get ahead
03-27-2011 Phoenix Part XXXI: I feel I'm in a time loop
04-05-2011 Phoenix Part XXXII: Bridge over Troubled Goldwater
04-14-2011 Phoenix XXXIII: Sound of Silence
04-20-2011 Phoenix XXXIV: Project Mayhem
04-25-2011 Phoenix XXXV: Several Species of Small Furry Animals Gathered Together in a Cave...
05-03-2011 Phoenix XXXVI - There's got to be a morning after

 

[Jesus Christ Horburn]

I wonder if that kid, what's his name? Has graduated from college yet.

Logan.

Maybe he will change his name to Wolverine and join the X-Men.

 

[SoCalShark]

Banner day for Glendale. Ugh.

http://www.azcentral.com/community/...e-phoenix-coyotes-bankruptcy-anniversary.html

http://www.azcentral.com/community/...dale-casino-ruling-in-favor-of-tribe-brk.html

Seems that Glendale is throwing good money after bad in every direction. How long before the municipality declares bankruptcy itself? So who gets the arena?

 

[XX]

Seems that Glendale is throwing good money after bad in every direction. How long before the municipality declares bankruptcy itself? So who gets the arena?

Glendale is far from bankruptcy, despite its debt load. I find it funny that a person from California is making such a comment.

 

[pucka lucka]

Glendale is far from bankruptcy, despite its debt load. I find it funny that a person from California is making such a comment.

Wow. Yeah, he was attempting to personally insult you. You against the world.

 

[Confucius]

Banner day for Glendale. Ugh.


http://www.azcentral.com/community/...dale-casino-ruling-in-favor-of-tribe-brk.html

Well that's gotta hurt, the city has to pay the Natives court costs as well. Maybe the city is getting poor legal advice. time for a change.

 

[SoCalShark]

Glendale is far from bankruptcy, despite its debt load. I find it funny that a person from California is making such a comment.

Let's see from reviewing the comments on the AZcentral site, it would appear that the Glendale city council are making "sound" financial decisions. Lost money hosting the super bowl, hired lawyers to fight the casino, lawyers to review the AZ gift clause, $25M to the NHL and $180M for an Arena. The city has laid off workers and are not investing in libraries; perhaps other infrastructure is not being attended to. If anything, I know how easy it is for politicians to bankrupt a county and from the looks of it, Glendale is shuffling the chairs on the Titanic!

 

[Dado]

Banner day for Glendale. Ugh.

$4M+ in attorney and consultant fees.

Quite the gravy train - no wonder things move like pond water.

 

[King Woodballs]

Only 4000 more replies and we can get to Part XL! Putting it out there now...Part XL - Xtra Large and in Charge!

only two more weeks until we reach it

 

[Fugu]

Banner day for Glendale. Ugh.

http://www.azcentral.com/community/...e-phoenix-coyotes-bankruptcy-anniversary.html

The city pledged $25 million last year to the NHL to gain time to negotiate with buyers. On Monday, the NHL cashed the money out of an account set aside by the city, Glendale spokeswoman Julie Frisoni confirmed.
Additionally, Glendale has spent $4.27 million on private attorneys and consultants, public records show. Over the past two and a half years, the city has employed six economic and sports-business analysts, five law firms and a lobbyist to work on Coyotes matters.
Mayor Elaine Scruggs said in an e-mail that it was "prudent business sense" for the city to hire multiple experts to help with economic studies and negotiations. She said the potential loss of $500 million or so in economic impact if the team leaves dwarfs paying $4.27 million to consultants.

Just to get actual figures noted.

 

[DeathToAllButMetal]

Surprised to see so many people at AZ hammering council now. Always seemed to be a fair number of Yotes diehards posting there. Now everyone seems to be negative.

OT but that argument with the tribe is ludicrous. Okay, we deannexd the land, but we didn't mean to or didn't have the authority to do that, so can we please still keep the natives out? LOL amazed that argument got as far as it did.

 

[GSC2k2*]

Just to get actual figures noted.

Within the list are the legal firms from which COG has probably received positive opinions of their Gift Clause position:

Fennemore Craig, bankruptcy court representation and legal analysis.

Greenberg Traurig, legal analysis.

Rose Law Group, gift-clause legal review and liaison to Goldwater Institute.

Mintz Levin, gift-clause legal review.

Here is another name that came up, indicating that COG did some degree of due diligence in regards to arenas:

International Facilities Group, arena assessment.

 

[Killion]

Also listed is Beacon Sports Capital Partners (Alan Leventhal), who were recommended by IFG (Michael Reinsdorf) to the COG to assess the arena. That report wound up on the desk of John Kaites (Jerry Reinsdorfs front man) a full month before Jerry Moyes filed for BK. Clearly, both Beacon & IFG et al had been working for some months prior to May 2009 on the COG's dime, so really this disclosure of the app. 4.75M over 2.5yrs is hardly surprising. It is what it is.

 

[BB79]

Suprised there is no new news to report on today's meeting. Then again, they probably just said "well, we paid the NHL $25 million that we agreed to" and that's all it really was.

 

[Sunstroke]

Glendale waterbill news letter?

'the funny thing is the 1st year the arena opened, hockey went on strike and in the newsletter you get with your waterbill, scruggs gleefully declared, we are making more on the arena without hockey.'

found this on AZ central , anyone else remeber this newsletter or if we can get a copy posted here?

 

[Evil Doctor]

Lost money hosting the super bowl,

How do you lose money hosting the Super Bowl? Maybe they meant they literally lost money, due to having a two-year old daughter who likes to shove things between the sofa cushions, place things into the front-loader washer, and hide things in the wastepaper basket...

 

[Roughneck]

How do you lose money hosting the Super Bowl? Maybe they meant they literally lost money, due to having a two-year old daughter who likes to shove things between the sofa cushions, place things into the front-loader washer, and hide things in the wastepaper basket...

http://www.azcentral.com/community/glendale/articles/2008/05/09/20080509gl-impact0510-ON.html

Still, the study found that just 5 percent of an estimated 123,500 out-of-town visitors stayed in Glendale and not yet enough retail and entertainment options existed to satisfy demand.