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10-02-2012, 04:27 PM
  #120
Naurutger
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Join Date: Mar 2011
Location: Maricopa County
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What is the plan today:

Glendale council meets to discuss Phoenix Coyotes deal

Quote:
The payment was $17 million this fiscal year.
Two months later, the council asked interim City Manager Horatio Skeete to renegotiate with Jamison to lower the payments in the early years.
http://www.azcentral.com/community/g...#ixzz28AvOSXkh

Now they want it:

Quote:
The proposed changes would lower those numbers to $13 million in year one, $14 million in years two and three, $15 million in year four and $16 million in year five.
http://www.fiveforhowling.com/2012/9...n-with-jamison

So the 5 year average moves from $19M to $14.4M; overall average of the 20 year deal should remain at the original $15M.

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