Blog Entry

Coyotes to remain in Glendale for 2011-12 season

Posted on: May 11, 2011 2:06 am
Edited on: May 11, 2011 3:08 am
 
The Phoenix Coyotes will remain in the desert for at least one more season.

The Glendale (Ariz.) City Council voted 5-2 to pay the NHL as much as $25 million as part of an interim deal to keep the franchise around for the 2011-12 season after at a raucous hearing that went late into Tuesday night. The vote clears the way for Glendale officials to continue work on a new lease deal for Jobing.com Arena with Chicago businessman Matthew Hulsizer.

"This is an important step toward a final resolution and a transition to the permanent ownership the Coyotes need and deserve," NHL Deputy Commissioner Bill Daly said (via NHL.com). "We set our sights now on finding a financing structure which will accelerate that transition. We are confident that, working with the City of Glendale, we will attain that objective.

"We thank the City of Glendale for its unwavering commitment to the National Hockey League and to the Coyotes. We have the same level of commitment to the City of Glendale and this franchise, as our efforts of the past two years should clearly demonstrate."

There are still plenty of obstacles that remain to keep the Coyotes in Glendale for the long term, but the team won’t be returning to Winnipeg next season. 

Ice Edge Holdings dropped out as a minority partner in the proposed purchase of the Coyotes earlier in the day, which further complicates a process that has stretched on for more than three years. 

A proposed $100 million bond sale by the city to secure its part of the deal with Hulsizer also faces a potential lawsuit from the Goldwater Institute, a conservative watchdog group. 


Before the vote was taken, The Arizona Republic details how contentious it was as nearly 300 people jammed the chamber:

During a meeting break, a resident began shouting about the city's debt burden, which is higher than most cities of the same size.

"This city is bankrupt!" the man shouted.

Coyotes fans immediately silenced him with boos.


The Coyotes were swept by the Detroit Red Wings in the first round of the playoffs, but Daly told the newspaper ticket sales, season ticket renewal rates and revenue were all up this season. 

-- A.J. Perez
Category: NHL
Comments
kkjyywlpo
Since: Dec 2, 2011
Posted on: December 16, 2011 2:58 pm
This comment has been removed.

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Since: Jul 10, 2009
Posted on: May 11, 2011 4:20 pm
 

Coyotes to remain in Glendale for 2011-12 season

Yep, cry babies. Notice how it's used correctly as “babies” and not “baby’s” –Maybe if you used that library you talk so highly of, you could pick up a book on grammar or heaven-forbid...a dictionary.

By the way, you’re just making it worse on yourself. Please go to the bathroom and clean yourself up, maybe touch-up your makeup sweetheart.

You lose.

Go Phoenix!




Since: May 11, 2011
Posted on: May 11, 2011 3:23 pm
 

Coyotes to remain in Glendale for 2011-12 season

Cry baby's dude you stole our hockey team in the first place calling us cry baby's , any right city council would of rejected the bill of 25 mill , and let me tell u some thing at least winnipeg has a Library lol but they put money downfor a team that more likely won't be there after next year what a wast of money , ohh ya people in Glendale don't fill the arena the tickets are free , that's how they lose money every year , and second of all Glendale is not a hockey city over half the people there don't know what hockey is so why don't u cry about that .



Since: Jul 10, 2009
Posted on: May 11, 2011 2:09 pm
 

Coyotes to remain in Glendale for 2011-12 season

Hey Winnipeg,

I've never seen so many cry babies. No wonder Bettman won't put the Coyotes there. Seriously, stop your whining. You knew how this was going to pan out.






Since: Apr 15, 2008
Posted on: May 11, 2011 2:05 pm
 

Coyotes to remain in Glendale for 2011-12 season

Great, another lame duck season of Hockey in the desert...where it's obvious no one cares...I don't care what point anyone has to make, or excuse...when you get under 7 thousand fans for a professional sports game, that's a giant failure. With Betteman being so damn stubborn and not wanting to admit failure, it makes me not even want to be a fan of the damn game anymore...well at least at the professional level....I'd rather go watch my Sea Dogs march towards the Memorial Cup.

During a meeting break, a resident began shouting about the city's debt burden, which is higher than most cities of the same size.

"This city is bankrupt!" the man shouted.

Coyotes fans immediately silenced him with boos.

So what? 5 people booed?



Since: Oct 20, 2008
Posted on: May 11, 2011 12:52 pm
 

Coyotes to remain in Glendale for 2011-12 season

I'd be outraged if I was a Glendale taxpayer.  Another $25 million flushed down the toilet just so the city of Glendale won't admit that the only real client Jobing.com arena has is a bad one.

What will be the excuses after another crappy season next year?  Figure the team plays so-so hockey and wins 4-6 playoff games.  Big deal- the regular season attendance numbers will be in the bottom 2 of the league and the team will hemorrhage another $10-15 million.



Since: Nov 7, 2010
Posted on: May 11, 2011 11:56 am
 

Coyotes to remain in Glendale for 2011-12 season

Give back NHL to Canada!!as soon as possible..
Coyotes, Islanders, Florida...no way..back to Canada within 2 years...
only way to survive!!...
Ice Edge Holdings..it's a joke..they will give another bad, and unstable ownership for a NHL team...in Canada could find a solid and reliable ownership..a strong base of supporters and sponsors 
for Atlanta and Nashville i disagree..i think they can have future there..



Since: Mar 26, 2011
Posted on: May 11, 2011 11:32 am
 

Coyotes to remain in Glendale for 2011-12 season

Thanks, scram.



Since: Jan 16, 2009
Posted on: May 11, 2011 11:11 am
 

Coyotes to remain in Glendale for 2011-12 season

correction... the Pistons and Red Wings do not play in the same facility



Since: Sep 25, 2009
Posted on: May 11, 2011 10:51 am
 

Coyotes to remain in Glendale for 2011-12 season

$50 million to a failing hockey franchise over a two year span?  From a city with only a quarter million people?  It just doesn't make sense. But remember, this decision was reached by the same people who passed wacky laws against having more than 6 women living in a house and threatening jail time for cutting down a cactus...  Look it up. lol 


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