Jump to content

Photo

Sale of Phoenix may finally be here


  • Please log in to reply
99 replies to this topic

#61 Daniel

Daniel

    Hall of Famer

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 5,808 posts

Posted 13 June 2013 - 09:28 AM

 

 

 

I've never thought about that before so I did a quick search. The Chesapeake Energy Arena in OKC used to host a Central Hockey League team, though I have no idea what the capacity was and if there would even be a market for it. If the NHL is to go anywhere in the middle of the country down the road, I'd guess Kansas City since the Sprint Center seats 17,544 for hockey and its only a few years old. However the arena is managed by the Anschutz Entertainment Group which owns the LA Kings so I'm not sure if that would represent some sort of issue. Still I think Quebec and Seattle are more enticing to the league at this moment in time.

 

Doesn't AEG also manage the Prudential Center? 


  • 0
Posted Image
I collect spores, molds and fungus.
Hello fellow American. This you should vote me. I leave power. Good. Thank you, thank you. If you vote me, I'm hot. What? Taxes, they'll be lower... son. The Democratic vote is the right thing to do Philadelphia, so do.
How do you spot risk? How do you avoid risk? And what makes it so risky?

#62 Vic Rattlehead18

Vic Rattlehead18

    All-Star

  • Members
  • PipPipPipPipPip
  • 1,513 posts

Posted 13 June 2013 - 09:36 AM

Doesn't AEG also manage the Prudential Center? 

No, they got fired about 4 years ago. lol. The Devils now operate it.


  • 0
Devils.

#63 Daniel

Daniel

    Hall of Famer

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 5,808 posts

Posted 13 June 2013 - 09:41 AM

No, they got fired about 4 years ago. lol. The Devils now operate it.

 

Tell AEG's website to catch up with the times then...

 

http://aegworldwide....rudentialcenter


  • 0
Posted Image
I collect spores, molds and fungus.
Hello fellow American. This you should vote me. I leave power. Good. Thank you, thank you. If you vote me, I'm hot. What? Taxes, they'll be lower... son. The Democratic vote is the right thing to do Philadelphia, so do.
How do you spot risk? How do you avoid risk? And what makes it so risky?

#64 thefiestygoat

thefiestygoat

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 12,277 posts

Posted 13 June 2013 - 02:28 PM

 

fiesty:  I am not convinced the NHL wants to go to Quebec at all.  There were issues beyond finances there when they left - like that Quebec is much less bilingual than Montreal, and what players want to learn French to e.g. conduct interviews?  They've played in ill-suited arenas before, and they don't need a buyer for the team to move it there - they own the team, they can move it there themselves.

I agree that they want to avoid Quebec. I think going to Quebec (or any Canadian market) is Bettman's nightmare and he'd go to great lengths, even impractical ones to avoid it.

 

Reports out of Seattle last night actually confirmed that Key Arena still has the ice making equipment which I had previously thought they had done away with, so I suppose that is a temporary option, even though it only seats 11,000 for hockey and will have bad sightlines. Fair point that the NHL could still own the team and move it to Seattle but wouldn't they stand to still lose money? I suppose the NHL could see Hansen's arena effort and the likelihood that the MOU gets changed on the new arena plan, thus making this an ideal time to move into the market. I still think Quebec is best option but I wouldn't put it past the NHL to go to Seattle since there is a window of opportunity there.


  • 0

RIP Pat Burns -- RIP Alexander Vasyunov and Lokomotiv Yaroslavl
Winner of the 2008 Sergei Brylin Award for Most Underrated Poster
Co-Winner of the 2011 Scott Bertoli Award for Best Minor League Poster, Winner of the 2012 Scott Bertoli Award


#65 MadDog2020

MadDog2020

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,344 posts

Posted 13 June 2013 - 03:46 PM

 
fiesty:  I am not convinced the NHL wants to go to Quebec at all.  There were issues beyond finances there when they left - like that Quebec is much less bilingual than Montreal, and what players want to learn French to e.g. conduct interviews?  They've played in ill-suited arenas before, and they don't need a buyer for the team to move it there - they own the team, they can move it there themselves.


I agree that they want to avoid Quebec. I think going to Quebec (or any Canadian market) is Bettman's nightmare and he'd go to great lengths, even impractical ones to avoid it.
 
Reports out of Seattle last night actually confirmed that Key Arena still has the ice making equipment which I had previously thought they had done away with, so I suppose that is a temporary option, even though it only seats 11,000 for hockey and will have bad sightlines. Fair point that the NHL could still own the team and move it to Seattle but wouldn't they stand to still lose money? I suppose the NHL could see Hansen's arena effort and the likelihood that the MOU gets changed on the new arena plan, thus making this an ideal time to move into the market. I still think Quebec is best option but I wouldn't put it past the NHL to go to Seattle since there is a window of opportunity there.

Plus Seattle doesn't ruin realignment, the Seattle franchise would slot right into the Coyotes' spot in the Pacific division. AND it creates a natural geographic rivalry with Vancouver. It does make a lot of sense to go there.
  • 0
iq0p.pngUploaded with ImageShack.com

#66 MadDog2020

MadDog2020

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,344 posts

Posted 14 June 2013 - 11:51 AM

Glendale approved their final budget this morning, with only $6.5 million budgeted for an arena manager. That's probably the last straw.
  • 0
iq0p.pngUploaded with ImageShack.com

#67 thefiestygoat

thefiestygoat

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 12,277 posts

Posted 14 June 2013 - 06:54 PM

Glendale approved their final budget this morning, with only $6.5 million budgeted for an arena manager. That's probably the last straw.

Yep, this should be over in about 2 weeks. The only thing left is whether or not the NHL is serious about Seattle or if that is being used to distract from Quebec or to try to get Quebec to bid more on a relocation fee + sale price.


  • 0

RIP Pat Burns -- RIP Alexander Vasyunov and Lokomotiv Yaroslavl
Winner of the 2008 Sergei Brylin Award for Most Underrated Poster
Co-Winner of the 2011 Scott Bertoli Award for Best Minor League Poster, Winner of the 2012 Scott Bertoli Award


#68 Brandon

Brandon

    Trenton Devil

  • Members
  • PipPipPipPipPip
  • 1,113 posts

Posted 16 June 2013 - 06:05 PM

Seeing some rumblings today that Phoenix could be on their way to Seattle. CBC apparently reported that it could be happening and Chris Daniels, who works for NBC K5 in Seattle has been following it
  • 0
25smul5.png

#69 thefiestygoat

thefiestygoat

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 12,277 posts

Posted 16 June 2013 - 06:36 PM

EDIT: Just saw Brandon's post and I agree that this Seattle thing has legs to it.

 

A few interesting developments...

On the Seattle side, there appears to be more to this Seattle thing than I initally thought. Apparently the Canucks originally tried to move their AHL affiliate into Key Arena which was denied to keep dates open for another tenant. I believe this was after the Sonics buzz died down, so it was down with the Coyotes in mind. Also, Glenn Healy has said that the deadline is July 2 for Glendale to secure a lease agreement to keep the team. I wouldn't trust him 100% but it's something to keep in mind to see if other media outlets start to report it.

 

Today, Chris Daniels tweeted a ton of info that makes this seem legit.

 

"The $220m figure for sale would put Coyotes near middle of pack for franchise evaluations.. @forbes #Seattle.....@forbes says the Coyotes franchise is worth $134m, so $220m would be a nice payday for #NHL"

"BREAKING: Seattle Mayor Mike McGinn acknowledges recent discussions with NHL Commissioner Gary Bettman"

"BREAKING: McGinn says a Hansen rep introduced him to potential Seattle NHL investors two weeks ago."

"BREAKING: NHL investors also met with Seattle City Council members."

"NOW: I can also now confirm Lanza and Bartoszek are the two investors interested in bringing Coyotes to Seattle. #NHL"

"Seattle City Councilmember Tim Burgess confirms meeting with Lanza/Bartoszek, says they were "optimistic and positive" on Seattle. #NHL"

"Seattle City Councilmember Burgess says he believed there was a tentative lease deal on Key Arena, for the fall, for an #NHL team."

Note that Lanza and Bartoszek have some serious money and one of them owns a business in Seattle.

 

 

On the Glendale side, this article came out a couple days ago about a Hail Mary Glendale and RSE are trying to pull off. To summarize:

- Glendale and RSE trying to bridge the $9M/yr Arena Management Fee gap ($6M/yr approved vs. $15M/yr sought)
- RSE claims that they found multiple Coyotes related-revenue streams for Glendale that will provide city between $8M-$11M a year
- RSE claims new revenue streams for Glendale will allow for that to be met
- To be presented on Tuesday to Glendale Council, could be voted on 6/25, 6/28, or 7/2
- Need 4/7 votes to pass

 

I'm very skeptical about those supposed new revenue streams that were found. Seems like the city manager and councilmember Sherwood who is trying to keep the team at all cost are trying to find some sort of last minute deal. I don't think the rest of the council will go for this unless it checks out 100%.


Edited by thefiestygoat, 16 June 2013 - 06:37 PM.

  • 0

RIP Pat Burns -- RIP Alexander Vasyunov and Lokomotiv Yaroslavl
Winner of the 2008 Sergei Brylin Award for Most Underrated Poster
Co-Winner of the 2011 Scott Bertoli Award for Best Minor League Poster, Winner of the 2012 Scott Bertoli Award


#70 MadDog2020

MadDog2020

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,344 posts

Posted 16 June 2013 - 07:22 PM

EDIT: Just saw Brandon's post and I agree that this Seattle thing has legs to it.

A few interesting developments...
On the Seattle side, there appears to be more to this Seattle thing than I initally thought. Apparently the Canucks originally tried to move their AHL affiliate into Key Arena which was denied to keep dates open for another tenant. I believe this was after the Sonics buzz died down, so it was down with the Coyotes in mind. Also, Glenn Healy has said that the deadline is July 2 for Glendale to secure a lease agreement to keep the team. I wouldn't trust him 100% but it's something to keep in mind to see if other media outlets start to report it.

Today, Chris Daniels tweeted a ton of info that makes this seem legit.


"The $220m figure for sale would put Coyotes near middle of pack for franchise evaluations.. @forbes #Seattle.....@forbes says the Coyotes franchise is worth $134m, so $220m would be a nice payday for #NHL"
"BREAKING: Seattle Mayor Mike McGinn acknowledges recent discussions with NHL Commissioner Gary Bettman"
"BREAKING: McGinn says a Hansen rep introduced him to potential Seattle NHL investors two weeks ago."
"BREAKING: NHL investors also met with Seattle City Council members."
"NOW: I can also now confirm Lanza and Bartoszek are the two investors interested in bringing Coyotes to Seattle. #NHL"
"Seattle City Councilmember Tim Burgess confirms meeting with Lanza/Bartoszek, says they were "optimistic and positive" on Seattle. #NHL"
"Seattle City Councilmember Burgess says he believed there was a tentative lease deal on Key Arena, for the fall, for an #NHL team."

Note that Lanza and Bartoszek have some serious money and one of them owns a business in Seattle.


On the Glendale side, this article came out a couple days ago about a Hail Mary Glendale and RSE are trying to pull off. To summarize:
- Glendale and RSE trying to bridge the $9M/yr Arena Management Fee gap ($6M/yr approved vs. $15M/yr sought)
- RSE claims that they found multiple Coyotes related-revenue streams for Glendale that will provide city between $8M-$11M a year
- RSE claims new revenue streams for Glendale will allow for that to be met
- To be presented on Tuesday to Glendale Council, could be voted on 6/25, 6/28, or 7/2
- Need 4/7 votes to pass

I'm very skeptical about those supposed new revenue streams that were found. Seems like the city manager and councilmember Sherwood who is trying to keep the team at all cost are trying to find some sort of last minute deal. I don't think the rest of the council will go for this unless it checks out 100%.

Even if it does 'check out', I could see the GWI sticking their beaks in regarding these supposed hidden revenue streams that no one knew about for the last 4 years (coincidentally, Glendale's property taxes were doubled apparently. Hmmmmmm...). Seattle sounds legit. Although they will lose a sh!tLOAD of money at Key while the new arena is being built. They'll be a max revenue-share team for sure. Key only seats 11,000 for hockey, so they're gonna take a huge bath there for a couple years.

Edited by MadDog2020, 16 June 2013 - 07:24 PM.

  • 0
iq0p.pngUploaded with ImageShack.com

#71 capo

capo

    Senior Devil

  • Members
  • PipPipPipPip
  • 847 posts

Posted 16 June 2013 - 08:01 PM

They'll gladly take the hit with the team already in the bag.  Seattle has a great group of passionate sports fans.  Plus, there is a ton of military in the area that helps support the teams as well.  An instant rivalry with Vancouver.  I made a road trip from the Seattle area to Vancouver to see the Devils play in 99/00 season.  Not a bad trek at all.  It'll be great for the Northwest.  I hope it's true.


  • 0

#72 Triumph

Triumph

    A Legend

  • Mod
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 27,775 posts

Posted 16 June 2013 - 08:17 PM

Wikipedia lists 15,000 for hockey, but yeah, I imagine there'd have to be some serious renovations in general.


  • 0

http://drivingplay.blogspot.com - The blog with three first lines
 


#73 thefiestygoat

thefiestygoat

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 12,277 posts

Posted 16 June 2013 - 08:33 PM

The good news for Seattle fans is that Lanza and Bartoszek are apparently mega rich so losing money in the beginning won't be that big of a deal. I also read a rumor somewhere that they may be able to use Key Arena rent free, so that would be a huge plus. I'm sure Hansen will do his best to help this happen since the sooner they break ground on a new arena, the more appealing Seattle will be for the rumored NBA expansion in a few years.


  • 0

RIP Pat Burns -- RIP Alexander Vasyunov and Lokomotiv Yaroslavl
Winner of the 2008 Sergei Brylin Award for Most Underrated Poster
Co-Winner of the 2011 Scott Bertoli Award for Best Minor League Poster, Winner of the 2012 Scott Bertoli Award


#74 thefiestygoat

thefiestygoat

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 12,277 posts

Posted 19 June 2013 - 03:19 AM

http://www.king5.com...-212086221.html

 

 

Glendale didn't budge.

The Arizona city's council and mayor emerged from a closed door meeting Tuesday night, and said very little about a deal to keep the Phoenix Coyotes in the desert.

NHL Commissioner Gary Bettman has suggested the city needs to come to an agreement soon with an ownership group, or the franchise could relocate for the next season.

The council, made up of seven people, including the Mayor breezed past reporters in Glendale, and said very little.

The Arizona Republic's Paul Giblin tweeted that Glendale Councilman Manny Martinez as saying a vote was unlikely by next Tuesday, the 25th. Giblin also said "There wasn't instant love for proposal."

Looks like Glendale may end up dragging this out to the point where the NHL has to make the call to relocate or get stuck with the team another year - which I don't think they'll allow it to happen. If this ever makes it to a vote, it's expected to be a close one, with the mayor the likely swing vote. Still nothing that happens one way or the other in this saga will shock me at this point.


  • 0

RIP Pat Burns -- RIP Alexander Vasyunov and Lokomotiv Yaroslavl
Winner of the 2008 Sergei Brylin Award for Most Underrated Poster
Co-Winner of the 2011 Scott Bertoli Award for Best Minor League Poster, Winner of the 2012 Scott Bertoli Award


#75 Vic Rattlehead18

Vic Rattlehead18

    All-Star

  • Members
  • PipPipPipPipPip
  • 1,513 posts

Posted 19 June 2013 - 07:06 AM

I hope Seattle gets a team. I want to go here when it's complete http://beaconfoodforest.weebly.com/


  • 0
Devils.

#76 MadDog2020

MadDog2020

    A Legend

  • Members
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 15,344 posts

Posted 19 June 2013 - 09:00 AM

It seems to me Glendale is gonna make the NHL kill this. The mayor has nothing to lose by waiting. Either he gets the Coyotes for one more year on the city's terms, or he gets to say they tried, but the big bad NHL didn't want to wait. Ultimately, that BOG meeting June 27 will decide where this goes I think.

Edited by MadDog2020, 19 June 2013 - 09:01 AM.

  • 0
iq0p.pngUploaded with ImageShack.com

#77 Triumph

Triumph

    A Legend

  • Mod
  • PipPipPipPipPipPipPipPipPipPipPipPipPipPipPip
  • 27,775 posts

Posted 19 June 2013 - 09:27 AM

I can't imagine the citizens of Glendale much care if the Coyotes leave.  Sure, they're stuck with a white elephant arena if they go, but the Coyotes are demanding such outrageous payments to stay that I can't imagine they make more money by having the arena open.  The arena does literally no other business - someone looked at their schedule and there is one concert.


  • 0

http://drivingplay.blogspot.com - The blog with three first lines
 


#78 Zubie#8

Zubie#8

    Head Coach

  • Members
  • PipPipPipPipPipPipPip
  • 3,478 posts

Posted 19 June 2013 - 12:41 PM

I can't imagine the citizens of Glendale much care if the Coyotes leave.  Sure, they're stuck with a white elephant arena if they go, but the Coyotes are demanding such outrageous payments to stay that I can't imagine they make more money by having the arena open.  The arena does literally no other business - someone looked at their schedule and there is one concert.

Yeah that's crazy, after that one concert they have something in January and that is it. It's a shame because it is really a nice arena.


  • 0

believe-zubrus.jpg

 


#79 DevsMan84

DevsMan84

    Hall of Famer

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 8,072 posts

Posted 19 June 2013 - 01:57 PM

That's another good point.

I wonder how much different their fortunes would be in terms of attendance and popularity would be if the arena was located either on downtown Phoenix or in Scottsdale instead of Glendale.
  • 0

#80 maxpower

maxpower

    Hall of Famer

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 5,428 posts

Posted 19 June 2013 - 03:44 PM

I'm not goofing off when I say they would be better off knocking the arena over and building a water park.


  • 0




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users