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09-27-2012, 07:56 PM
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Originally Posted by pfp View Post
NO. They are better off by $1M if the Coyotes stay.

Stay -$24M
Go -$25M

Neither is attractive but negative 24M is better than negative 25M.
This makes the assumption that Glendale will be able to restructure $8 million in debt if the Coyotes stay, and that they won't be able to do that if the Coyotes leave. Has anyone seen any justification of that assumption?

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