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Coyotes' off-ice issues take back seat to on-ice success - China VMC Machining Center by grehh hernjer





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Coyotes' off-ice issues take back seat to on-ice success - China VMC Machining Center by
Article Posted: 08/16/2013
Article Views: 65
Articles Written: 1951
Word Count: 675
Article Votes: 0
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Coyotes' off-ice issues take back seat to on-ice success - China VMC Machining Center


 
Business,Business News,Business Opportunities
Whenever we mention the future of the Phoenix Coyotes, the finepeople in Quebec City get too excited, people in the NHL's New Yorkoffice get too upset and the people in Glendale, they, well, yawn. Maybe that part about the yawn is a bit harsh. There are some loyalCoyotes fans in the desert, and way more these days now that thefinancially-challenged NHL team has pushed itself to within twovictories away from advancing to the Western Conference final. But with little fanfare, there was a positive development over theweekend in terms of the Coyotes remaining in Arizona. F our of seven Glendale council members agreed to move forward on adeal that could pay prospective Coyotes owner Greg Jamison$17-million to manage the city-owned Jobing.com Arena next year.

But a t this point, nobody knows whether the Coyotes will continue on inthe desert next season or be relocated. Nobody knows whetherJamison, a former San Jose Sharks president, can put together thefinancing and a deal to own the team. The ones who have the best idea on what will transpire in the nexttwo-and-a-half months are Jamison, NHL commissioner Gary Bettman,deputy commissioner Bill Daly and Glendale city manager Ed Beasley.But they're not offering any concrete information on the matterthese days . Jamison recently admitted he has been working on a deal to buy theCoyotes for months.

He showed up to a Coyotes playoff game 10 daysago and gave an interview to the Arizona Republic . "We're working at it," Jamison said. "There's been progress made.We are optimistic that this can get done, but this is not aguarantee that this can get done." Since the NHL assumed ownership of the Coyotes back in May 2009,when former owner Jerry Moyes filed for bankruptcy, there have beena few failed attempts to buy the NHL club. The watchdog group, the Goldwater Institute, has played a role, andit has yet to weigh in on the potential sale to Jamison. But when,or if, this sale does get closer, you can bet the outspokennon-profit organization will be heard from.

The Goldwater Institute doesn't think any deal , in which the city has to ante up taxpayer dollars to keep the NHLteam, is a good deal. Some members of Glendale's city councilbelieve that it would cost the taxpayers more if the NHL teammoves. According to the Arizona Republic , a study commissioned by Glendale estimates if the team moves thecity would have to pay $262 million in arena principal and interestdebt. Another analysis projected the city "could expect to bring inan average of $15.7 million annually over a 20-year lease withJamison and $6.5 million without the Coyotes." Obviously, the clock is ticking on this situation. The NHLpresumably needs an answer soon to finalize a schedule and the cityof Glendale has to put together its budget by mid-June.

If theCoyotes don't stay, then it's Seattle or Quebec City. The leaguehas been quiet on this front, too. Quebec City plans to begin building its new rink in September. Thesituation in Seattle is unclear. It wants an NBA franchise to gowith an NHL team.

The basketball team that is in flux has been theSacramento Kings. Anaheim, however, also has interest in the NBAteam and has an arena, the Honda Center, where the NHL Ducksperform. So, from all corners, plenty has to develop for an ending in thismulti-act story. Meanwhile, excitement builds in Glendale for the Coyotes on-iceefforts. After only 12,420 fans - the lowest average crowd amongthe 30 NHL teams - showed up in the regular season, Jobing.comArena has been at capacity with an average crowd of 17,365 in fivehome games in the playoffs.

For now, head coach Dave Tippett, his wonderful goalie Mike Smithand the rest of the Coyotes will forge on will provide theexcitement. End of Story Content Back to accessibility links.

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