Around the NHL VII - NHL Hockey Returns!
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09-28-2012, 03:55 PM
Join Date: Jul 2010
Future of Coyotes uncertain as ever
One upside of the lockout for the NHL is that it has given the league more time to deal with the mess that continues to be the Phoenix Coyotes. Whether the deal to sell the ward of the state to Greg Jamison is dead or has simply hit another in a long line of obstacles is open to conjecture, but itís clear the future of the Coyotes is nowhere close to assured.
This much we know: that Horatio Skeete, the acting city manager for the City of Glendale, told councillors there in an in-camera meeting earlier this month the deal was to have been completed by Thursday and it was not.
That news is coming amid claims by one industry source the deal is, in fact, dead and Jamison has not been able to raise the money to purchase the team from the NHL. It was reported in early August Jamison, the former CEO of the San Jose Sharks, had come up with the final $20 million he needed to fund the $170 million purchase of the team from the NHL. (According to our source, Jamison had to come up with $70 million toward the purchase price.)
Good thing Doan waited until they secured everything and got that four year 35+ contract with NMC.
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