Thread: Rumor: Sharks courting Doan
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07-11-2012, 12:40 AM
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Originally Posted by Iron Chef View Post
I think Doan will stay in PHX. The signature drive to get the arena proposal on the Nov ballot failed. At this point, its up to Jamison to just finally step up with the money and do it. That's the only remaining hertl.
No, this purchase is far from over. The tax referendum to increase sales taxes has the necessary signatures to send it to the Nov. ballot to be voted on ( if there is enough valid signatures). If this tax increase is voted down the city of Glendale does not have the money to pay the Investment Group the first year management fee of 17 million dollars. Without that the sale of the Coyotes is dead in the water. This my not be resolved till Nov. of this year.

I beginning to think the Coyotes are done in the desert.

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