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No deadline set for Coyotes possible move

dash

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i Hope Boots is getting back in the game.

/He’s no longer in jail, right?

He's gotta be out now (he was sentenced to 8 years in prison back in 2009 and I doubt he served his entire sentence).

/Maybe the new owner is John Spano?!?
 

Sgt Brutus

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Could this be a first step in the Coyotes relocating to Houston?

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dash

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Get ready for Los Quixotes de la Arizona...

Billionaire entrepreneur Alex Meruelo is in the advanced stages of purchasing a majority share of the Arizona Coyotes, league sources confirmed. If approved by a vote of the NHL Board of Governors, the sale would transfer a substantial majority stake in the team (percentage unknown) to Meruelo, with current owner Andrew Barroway retaining a small minority share.

With the two sides having ironed out several key material issues in the past two weeks, the vote is expected to be on the agenda at the NHL Board of Governors meeting on June 19 in Las Vegas, site of the annual NHL Awards show. Even if the Board of Governors approves the sale, however, a closing date may not come until later this summer.

It is unclear how the organization’s desire for a new arena fits into the ongoing talks. NHL commissioner Gary Bettman is on record as having said the team must have a new arena to survive in Arizona, but it’s unclear whether that attitude has changed. Gila River Arena’s Glendale location is not ideal because the vast majority of Coyotes season ticket holders and premium season ticket holders live on the east side of town, but league sources said that for the foreseeable future, Meruelo’s focus would be on making the team successful in Arizona.

Bettman has referred all recent questions regarding the sale of the team to Coyotes executives. When reached for comment, Coyotes president Ahron Cohen issued this statement without further comment: “What I can confirm right now is that Alex Meruelo is very interested in purchasing the Coyotes. Alex’s track record of strong business success certainly precedes him – and it makes him a great candidate to help our team build upon the positive momentum we have established over the past year. We will keep all the members of Our Pack updated on important milestones moving forward.”

If the sale is completed, it is believed that Meruelo, who is Cuban-American, would become the only majority Latino owner currently in the NHL. His ownership could open up possibilities in a Latino market that has gone largely untapped by the NHL. Meruelo’s knowledge of the media and gaming landscapes could also create opportunities to weave those areas of expertise into the team’s platform.

Closing in on a deal: Alex Meruelo in advanced stages of...
 

sabresfaninthesouth

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Get ready for Los Quixotes de la Arizona...

Billionaire entrepreneur Alex Meruelo is in the advanced stages of purchasing a majority share of the Arizona Coyotes, league sources confirmed. If approved by a vote of the NHL Board of Governors, the sale would transfer a substantial majority stake in the team (percentage unknown) to Meruelo, with current owner Andrew Barroway retaining a small minority share.

With the two sides having ironed out several key material issues in the past two weeks, the vote is expected to be on the agenda at the NHL Board of Governors meeting on June 19 in Las Vegas, site of the annual NHL Awards show. Even if the Board of Governors approves the sale, however, a closing date may not come until later this summer.

It is unclear how the organization’s desire for a new arena fits into the ongoing talks. NHL commissioner Gary Bettman is on record as having said the team must have a new arena to survive in Arizona, but it’s unclear whether that attitude has changed. Gila River Arena’s Glendale location is not ideal because the vast majority of Coyotes season ticket holders and premium season ticket holders live on the east side of town, but league sources said that for the foreseeable future, Meruelo’s focus would be on making the team successful in Arizona.

Bettman has referred all recent questions regarding the sale of the team to Coyotes executives. When reached for comment, Coyotes president Ahron Cohen issued this statement without further comment: “What I can confirm right now is that Alex Meruelo is very interested in purchasing the Coyotes. Alex’s track record of strong business success certainly precedes him – and it makes him a great candidate to help our team build upon the positive momentum we have established over the past year. We will keep all the members of Our Pack updated on important milestones moving forward.”

If the sale is completed, it is believed that Meruelo, who is Cuban-American, would become the only majority Latino owner currently in the NHL. His ownership could open up possibilities in a Latino market that has gone largely untapped by the NHL. Meruelo’s knowledge of the media and gaming landscapes could also create opportunities to weave those areas of expertise into the team’s platform.

Closing in on a deal: Alex Meruelo in advanced stages of...
I'll admit, the idea of a hockey team specifically marketing itself to the Latino community is intriguing.

Maybe they can set up some type of spectator visa program too, because it's probably quicker to get to Glendale from Cuba than ifrom Phoenix.
 

puckhead

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I'll admit, the idea of a hockey team specifically marketing itself to the Latino community is intriguing.

Maybe they can set up some type of spectator visa program too, because it's probably quicker to get to Glendale from Cuba than ifrom Phoenix.
Did Scott Gomez score tonight

[ ] Si
[ ] Por supuesto no
 

forty_three

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Still no deadline set.

But I would imagine it's closer now than it has ever been.
 

puckhead

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Not just a one-off. Let's see what the long arm of the NHL law will do here

 

forty_three

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Not just a one-off. Let's see what the long arm of the NHL law will do here


I've seen talk of potential fines of a quarter mil per offense.
 

Nasty_Magician

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Arizona currently sits 9th with central division teams within striking distance with games in hand. Just keep falling and then get the number 4 pick please.
 

Bloody Brian Burke

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Arizona currently sits 9th with central division teams within striking distance with games in hand. Just keep falling and then get the number 4 pick please.
They may have to unload Hall soon to try and recoup assets, which they should be able to pretty easily.

A lot of disappointment on that roster but Hall has been just fine despite it.
 
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