Blog Entry

Report: Hulsizer no longer interested in Coyotes

Posted on: June 27, 2011 6:27 pm
Edited on: June 27, 2011 6:34 pm

The Coyotes' hopes of staying in the desert might have taken a critical blow on Monday.

The Phoenix Business Journal says that Matthew Hulsizer has pulled out of the negotiations to buy the franchise.

You might remember Hulsizer appeared close to purchasing the team until a Phoenix-area watchdog group objected to the city of Glendale's role in the sale. That put a serious stall in the talks, putting the two sides further apart. Eventually Hulsizer, who has been trying to work out an agreement since last year, grew weary of the process and no longer is interested in the Coyotes. However, the Business Journal says that he could turn his attention to another NHL team as he is still interested in being an owner.

Now, there appears to be just two buyers still in the hunt, according to the report. One, Jerry Reinsdorf, has been in and out of the picture since the NHL took control of the team two years ago. The other is an unnamed group. There is no information as to how far along the negotiations with either group are.

The NHL has been adamant that it wants to keep the Coyotes where they are, turning away potential owners like Jim Balsillie who wanted to relocate the franchise. But pretty soon, even Bettman will grow tired of the process and might consider opening up to owners not interested in staying in the desert. The cities that would figure to be leading contenders would be Kansas City with its arena sans a permanent tenant and Quebec City, former home to the Nordiques/Avalanche.

-- Brian Stubits

For more hockey news, rumors and analysis, follow @cbssportsnhl on Twitter or @BrianStubitsNHL

Category: NHL

Since: Jul 1, 2010
Posted on: June 28, 2011 7:45 am

Report: Hulsizer no longer interested in Coyotes

I disagree with Slump's speculation that Reinsdorf's deal to buy the PHX franchise (if it were to happen) would be "shady".   The deal would be flat out DIRTY, and profit would be all but gauranteed for Reinsdorf.  Reinsdorf would be a good owner to have in the league for the fans tough, he likes to win, and spends accodingly.   This franchise will be sold at well under market value thanks to some idealistic crusaders.

Since: May 18, 2009
Posted on: June 28, 2011 3:42 am

Report: Hulsizer no longer interested in Coyotes

Shehe...sorry, some fact checking before you go on some useless rant about hockey. If you did know anything, you'd know that the Manitoba Moose, the AHL team that was residing...key word WAS, you'd know that they now play in St.John's Newfoundland and were sent there as soon as the announcement that The J-E-T-S, jets jets jets were coming back to Winnipeg. So, thanks again, that theory where fans wouldn't show up to support 2 teams is ahhh baseless. Not to mention that the ONLY reason they were moved to Phoenix from Winnipeg to begin with was because of the weak Canadian dollar at the time. Seeing how our dollar is above par to your's I'd say that the shoe is on the other foot now. You have  the bad economy and we are reaping the rewards this time. So, in should not write about facts unless you actually now some. But nice try bashing the city and it's fan base. Quick fact, Winnipeg has a waiting list on season tickets...that are only available 3 years from now. When was the last time you heard such an issue in the likes of New Jersey, Long Island, Phoenix and numerous other cities accross the US. So now Phoenix...sorry, the NHL will realize that this farce to try and keep Phoenix in the desert is a mistake and do what should have been allowed from the start, and that's allowing Ballsillie or any other potential Canadian owner the right to move the team back up North. The reason why it hasn't happened yet is that Bettman doesn't want to admit when he's wrong and has made a mistake in moving them in the FREAKIN' DESERT!

Since: May 13, 2011
Posted on: June 28, 2011 12:37 am

Report: Hulsizer no longer interested in Coyotes

Goldwater now turn your attention to keeping the floodgates closed along the Arizona border. Impressed they drove the guy that wanted to buy the team away.

bettman's buddy reinsdorf will probably be asked to buy the team and guaranteed some kickback money and exit strategy.

Le Colisee holds over 15,000 in Quebec City and could be used as a temporary arena until they build a larger more updated NHL arena which they plan to break ground on soon. Currently that arean is home to an QMJHL team.

Coyotes have been losing money since day one in 1995 to now. Move a AHL team into Jobing so this NHL team can be relocated to a rabid hockey market that got their team taken from them and moved to Colorado.

Sucks for the hockey fans in the Glendale area but if a teams owner can't make any money after over 15 years then when should it get decided when it's a fair length of time to turn a profit or move the team 20, 30, 40 years?

What's a Chicago nba and mlb team owner wanting to buy a team in the desert for other than as a favor in a shady business deal.

Since: Oct 20, 2006
Posted on: June 28, 2011 12:08 am

Report: Hulsizer no longer interested in Coyotes

The thing about the JETS is , what are they going to do abiout the arena ? I mean , they own the Moose , and they can't have both teams playing in the same arena , and , eithewr sell the Moose , or build a new arena . But , the last time , they had to have money from the province to build this arena . I don't think that they will give them money for a second arena . Well , you know , they can add on , to build more seats , for the N.H.L.  team . But , they can sell the Moose to the Cannots , problem solved . But , again , the fans will come , for the two or three seasons , but , it will go back , they will lose a lot of games . The fans will quit coming , and back to the first place , no fans to watch a team loosing . The same reason they left in the first place , no fans .

    Hulsizer was going to keep the ream in the desert , but , a stupid watchdog , is going to sue the city as they claim that only the State can make deals , not the city . So , why don't the watchdog buy the team ? Where were they when the team needed them 5 years ago ? Where were they when they build the arena to get the team in Glendale ? They didn't mind when the city built that arena for them . Now , this is the third owner who said , " thanks , but no thianks " . RIM  boy was going to move the team , without even asking the league , which , was the third team he wanted to move . Whithout asking permission . That's why he can't own any team now . It seems that , when ever an owner steps in , come thing comes in a stopped it . Now the league have no reason but look at anybody who will move the team out of the desert . But Bettman already proved that the right ownership , can win in the desert . Moyes made a bad deal to move the team to Glendale , but , if any body wants to move the team , they should be able to , it's a bad deal to hold the team to a 99 year lease . But , thanks to the watchdog , the teram is going to move . Like it or not .

Since: Aug 25, 2006
Posted on: June 27, 2011 10:04 pm

Report: Hulsizer no longer interested in Coyotes

for the life of me i can't think of how someone would really want to buy the coyotes and keep them in arizona...chances are the weasel sold this song to glendale to get that 25 million...this thing has become a fiasco and what fans they did have have grown tired of the whole sure most know the future of the team lies elsewhere...and will no longer support them as such...kansas city is an is quebec city...hartford would have to build a new rink....i think in the not too distant future the panthers stars isles and devils will all be potential movers. the isles and devils wont both move...but lets be honest one of them needs too...the isles cant get a new building and the devils cant fill a new one....

Since: Dec 21, 2008
Posted on: June 27, 2011 10:02 pm

Report: Hulsizer no longer interested in Coyotes

You are mostly correct my friend.  However the seating capacity in the MTS arena in Winnipeg for hockey is actually 15,015 and not 13,000. Your probably thinking of the drive to 13,000 as the Winnipeg ownership group required 13,000 season ticket holders confirmed prior to the June 21, 2011 board of governor's meeting which officially voted to relocate the team to Winnipeg. The 13,000 season tickets sold out in 4 minutes and it took 17 minutes to process. The waiting list was actually capped at 8,000 not 7,000 within 2 hours. I know because I was on 2 separate computers trying to get through for season tickets the second they were released to the general public with no success. You are right about the average ticket price being $82.00 per ticket and will only be lower than Montreal and Toronto this coming year.

Since: Nov 19, 2008
Posted on: June 27, 2011 8:02 pm

Report: Hulsizer no longer interested in Coyotes

Not a big surprise here.  Glendale Arena--soon to be the world's nicest beer-league arena.  The 87 hockey fans in the west valley will love the heated rivalry between the Iceholes and the Puckheads.  Free parking.  $8 beer.  Plus a free skills clinic with commissioner Tyson Nash.   

Since: Jun 25, 2009
Posted on: June 27, 2011 7:56 pm

Report: Hulsizer no longer interested in Coyotes

Based on what I read in the past I didn't believe this sale would go through.  And even if it would have gone through Hulsizer would have asked for a clause in the agreement allowing him to move the team very quickly if he loses money.   Who in their right mind would really purchase this team?  I think this was more Bettman fooling people then it was a potential sale.... but that's just my opinion.  Over the last 2 seasons the Coyotes have sold a whopping 70 percent of their seats on average... that's horrible !!!  And considering the serious threat they would be moved if more support isn't shown makes it worse.... I say move the team to Quebec.   The NHL has a hard cap now and the Canadian dollar is basically on par with the U.S dollar so it's a level playing field now.... 

Look at Winnipeg.  Yeah, they only have an arena that fits a little over 13 thousand people but not only did they sell out in one day they have 7 thousand people on a season ticket waiting list as we speak.... and what people don't understand is the average ticket price of 82 dollars per ticket in Winnipeg is equal to only Montreal's from last season and only lower then the Leafs... 13 thousand in Winnipeg is the equivalent of most teams selling out 17 thousand tickets...... it's profitable. 

Since: Nov 7, 2010
Posted on: June 27, 2011 7:31 pm

Report: Hulsizer no longer interested in Coyotes

several months ago was already clear this group not real interested in the franchise..Bettman now have to pay his effort to try everything to have a franchise in Phx...cleary Phx, Florida and the Devils(too much competition there and terrible arena and fans base)must be relocated...
potential Owners are interested if relocate to Canada(or maybe Seattle/Portland)if Nba doesn't arrive before in Seattle with the Hornets(New Orleans is another relocation failure!) 

Since: Jul 1, 2010
Posted on: June 27, 2011 7:00 pm

Report: Hulsizer no longer interested in Coyotes

Reinsdorf will probably end up swooping in with another undercut of the franchise value prior to moving it, this could get entertaining.   Good work Goldwater group, nothing like a 9 figure underutilized facility sitting around to help out the "little guy".    Plenty of crazy stuff in AZ.   Quebec should charter an aircraft or three and make an appearance out there.

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