Blog Entry

Report: Two potential buyers in on Coyotes talks

Posted on: August 9, 2011 2:33 pm
Edited on: August 9, 2011 2:41 pm
 

By Brian Stubits

It's the neverending franchise-selling story. The Phoenix Coyotes still have a desert future hanging in the balance and after Matthew Hulsizer dropped his bid to buy the team, that future looked bleak.

But there might be a beacon of hope again. Make that two beacons.

Mike Nealy, Coyotes COO, said that the team continues to hear from two potential buyers, according to Arizona Republic reporter Lisa Halverstadt. Who those suitors are is not known. They have asked to remain anonymous as negotiations go on. Halverstadt says both names are known in the sports world, however. (Jerry Reinsdorf still around, perhaps?)

Expect news to pick up when Glendale City Council members return from their summer recess. The stated goal by the council is to have everything wrapped up come fall. At this point, with how long the search has been going and all the hurdles that have been placed as obstacles, that seems a bit on the optimistic side. Just a touch

Stay tuned. I'm sure in a couple months there will be three potential buyers, none of which are currently in the mix.

Photo: Getty Images

For more hockey news, rumors and analysis, follow @EyeOnHockey and @BrianStubitsNHL on Twitter.


Comments

Since: Aug 28, 2006
Posted on: August 10, 2011 12:28 pm
 

Report: Two potential buyers in on Coyotes talks

I loe how some RANDOM dude says there may or may not be two potential buyers.... who'm No one Knows who they he or she is...... yea really good story cbs........ Real good



Since: Dec 1, 2006
Posted on: August 10, 2011 12:05 pm
 

Report: Two potential buyers in on Coyotes talks

I got twenty bucks. I will buy the team! Well on second thought i am running low on beer...



Since: Jan 15, 2007
Posted on: August 10, 2011 2:43 am
 

Report: Two potential buyers in on Coyotes talks

The problem with the Coyotes is not the team, nor is it the fans - there are plenty of fans.

It is the unbelievably horrible location of the stadium.

Plopping the stadium in the outskirts of Glendale was a horrible idea. It is too far away from where the bulk of the population lives, and it is too much to ask for the fans to travel that far on weeknights over a six-month period.

Since the chances of landing the next Mario Lemieux are slim to none, the only chance a new owner has at increasing attendance is organizing convoys of 50-or-so buses from the farthest corners of the valley to bring fans out en masse - and since that is not economically feasible, attendance is doomed for years into the future. The other possible solution - and this is also slim - is if the light rail system were to extend to the stadium...but that will still not guarantee attendance, since the ride for most of the valley's residents would take over an hour, and since the trains lack the capacity necessary to increase attendance by the needed 5000 per game.





Since: Oct 4, 2006
Posted on: August 9, 2011 5:31 pm
 

Report: Two potential buyers in on Coyotes talks

Also, the NHL is asking way too much for this team. $170 million? They are trying to recuperate losses and get them from a future owner and that is not fair. I would let them get sold at $100 million and be done with it.



Since: Jul 1, 2010
Posted on: August 9, 2011 5:05 pm
 

Report: Two potential buyers in on Coyotes talks

I think Reinsdorf is going to lowball for the league and get it.   I think he'll get special agreements for non-hockey operations related revenue and special agreements from the league and local government.   He's been interested in a number of hockey markets for years. With so many other teams in nasty financial situations and uncertainties, I doubt this team is going to move because of the tv market and the good facility.   The liquor distribution lobby for the area appreciates some of the hard drinking players that call Maricopa county home too, they'll fight to keep the team there.    I think CLB, NYI, or another of the smaller valued teams move before PHX.   



Since: Jul 28, 2011
Posted on: August 9, 2011 4:54 pm
 

Report: Two potential buyers in on Coyotes talks

i have to agree ..... its always sad to see a team go, however cities with potential to packout arenas is where these teams need to begin migrating to. as a rangers fan, its never a problem here, the team sells out every game year round and playoff tickets are gone within minutes... i feel it should be that way throughout the league and hope those days come sooner than later.... the league should be looking in places that host colder weather throughout the year.... north dakota fighting sioux sell out every game, why not look to put a team there? look for top colleges and try to put teams in those vacinities....



Since: Nov 21, 2006
Posted on: August 9, 2011 3:39 pm
 

Report: Two potential buyers in on Coyotes talks

I find it really hard to bealive anyone is actually interested in buying the team, and keeping it in Glendale.  The Goldwater Insitute has stopped each, and every negotiation attempt there has been.  Where are the fans?  Other organizations have gone through similiar situations as this.  The differance is those teams had enough fan support to bassicly tell that areas equivalent to The Goldwater Insitute to go f themselves, and got the deal done.  Since the lockout attendence has ranked 22nd, 24th, 29th, 28th, 30th 29th.  I hate to see area's lose sports organizations, but at what point do you just say enough is enough?



Since: Oct 4, 2006
Posted on: August 9, 2011 3:35 pm
 

Report: Two potential buyers in on Coyotes talks

As a season ticket holder, if they ever do find an owner, the first priority is to get rid of the damn whiteout. I am tired of it, it has been nothing but a curse. Give it back to Winnipeg please. 6-19 in whiteout games. It does not work. Maybe then we can get past the first round.


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