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06-15-2012, 01:37 AM
What's the Pred say?
Join Date: Jun 2007
Location: Winston-Salem, NC
Originally Posted by
Goldwater is suing the City of Glendale. More dark clouds ahead for Yotes fans.
We've known it was coming for months; it was really just a matter of passing the AMF.
Goldwater is suing because they believe the COG has withheld important documents regarding the lease deal with the Coyotes. Those documents are believed to show that the AMF would be a violation of Arizona's so-called "Gift Clause," which is designed to prevent large public handouts to private entities. If the GWI wins this suit (the first hearing is Tuesday), they'll sue again for violation of the Gift Clause, and they'll probably win that. (I would love to see Glendale argue that the returns are not "grossly disproportionate" to the investment in the team.)
If that happens, the NHL is SOL in Arizona. They might be, regardless; Jamison is having a hard time rounding up the money to buy the team. If the suits come in rapid succession, the team could be without a lease in the middle of free agency...
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