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No deadline set for Coyotes new franchise

sabresfaninthesouth

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That's some nice waffling there Glendale.

"We may give you a deadline. But then again we may not."
 

awaz

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Glendale approved a controversial 20-year arena deal in June designed to help Jamison buy the National Hockey League owned team.

But the city wants to change the deal terms, City Manager Horatio Skeete won’t sign the final accord unless there are changes.

who does glendale think they are? the owners?
 

DaBoltsNIsles

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who does glendale think they are? the owners?

If he won't sign off they can't play their games in Glendale it's that simple. I really hope this saga ends soon. It would be hilarious if Doan signs his new deal thinking he's ending his career in Phoenix only to end up playing in Quebec. LOL
 

dash

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Live updates: Glendale special meeting to address budget issues

Glendale's budget crisis is in voters' hands

http://www.azcentral.com/community/...25glendale-budget-issues-meeting-storify.html

Councilwoman Clark: with decreased revenue, there must be cuts. There is no option. And don't blame it on the Coyotes.

Alvarez: if we don't have the money, we shouldn't spend it on the Coyotes or on legal fees.

Lieberman: "I really think we could do without the Coyotes."

Skeete: If sales tax goes away but they renegotiate arena management deal and restructure Camelback deal, they are still short

Councilwoman Clark said she will be saying very little at this workshop
.
 

mattola

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I wonder if Doan knows in advanced this team is going to move. I dont see any good for Phoenix here.

Live updates: Glendale special meeting to address budget issues

Glendale's budget crisis is in voters' hands

http://www.azcentral.com/community/...25glendale-budget-issues-meeting-storify.html

Councilwoman Clark: with decreased revenue, there must be cuts. There is no option. And don't blame it on the Coyotes.

Alvarez: if we don't have the money, we shouldn't spend it on the Coyotes or on legal fees.

Lieberman: "I really think we could do without the Coyotes."

Skeete: If sales tax goes away but they renegotiate arena management deal and restructure Camelback deal, they are still short

Councilwoman Clark said she will be saying very little at this workshop
.
 

DaBoltsNIsles

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Live updates: Glendale special meeting to address budget issues

Glendale's budget crisis is in voters' hands

http://www.azcentral.com/community/...25glendale-budget-issues-meeting-storify.html

Councilwoman Clark: with decreased revenue, there must be cuts. There is no option. And don't blame it on the Coyotes.

Alvarez: if we don't have the money, we shouldn't spend it on the Coyotes or on legal fees.

Lieberman: "I really think we could do without the Coyotes."

Skeete: If sales tax goes away but they renegotiate arena management deal and restructure Camelback deal, they are still short

Councilwoman Clark said she will be saying very little at this workshop
.

They've already shut down two libraries & there's talk of cutting the police force. Glendale can't afford the Coyotes.
 

dash

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Death knell?

This much we know: that Horatio Skeete, the acting city manager for the City of Glendale, told councillors there in an in-camera meeting earlier this month the deal was to have been completed by Thursday and it was not.

That news is coming amid claims by one industry source the deal is, in fact, dead and Jamison has not been able to raise the money to purchase the team from the NHL. It was reported in early August Jamison, the former CEO of the San Jose Sharks, had come up with the final $20 million he needed to fund the $170 million purchase of the team from the NHL. (According to our source, Jamison had to come up with $70 million toward the purchase price.)

Nothing has been heard since then and if Jamison were to have all his financial affairs in order to purchase the team, wouldn’t things have moved forward in the almost two months since then? The only thing that has really happened since then is captain Shane Doan signing a four-year, $21.2-million contract, but that was more necessitated by the impending lockout than it was a reflection of the status of the Coyotes. To this point, neither a deal has been reached between Jamison and the City of Glendale to restructure the team’s lease with the Jobing.com Arena nor has Jamison purchased the team from the NHL, which has been operating it since 2009.

One member of the NHL’s board of governors reached by THN.com said he hasn’t heard anything one way or another on the status of the Coyotes purchase, but said he doubts the deal with Glendale will ever get done.
 

Slimpikins

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You know it just occurred to me that bashing Doan for drawing out his free agency when this has been the example set by the franchise, is like bashing a screaming child who has shitty parents.
 

sabresfaninthesouth

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sabresfaninthesouth

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So am I going crazy, or is the league benefiting financially from having the lockout as it relates to the arena in Phoenix?

The city pays the league money to run the arena. But when there are no events to be staged, the cost of running it drops significantly, right? So they're getting paid to do less work while the lockout is in place?
 

jstewismybastardson

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As for the new mayor of Glendale, well, he's turning off the city spigots as far as the Coyotes are concerned.

maybe this means they can actually turn on the city spigots when it comes to the town water supply ... a victory for city utilities!!!
 
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