Phoenix LXIV: Will You Still Need Me, Will You Still Read Me, on Thread LXIV?
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11-07-2012, 09:09 AM
Join Date: Jan 2005
Originally Posted by
Current Council proceeds with newly proposed AMF
JIG does yield ~$10M annually in it's requested AMF fees
Knaack recall to be determined
Goes to referendum? and could still be defeated. If not...
New Council executes new AMF at $6M -$9M and maintain 0-2% cuts
Future of Coyotes bright
I'm open to correction and suggestion, as it's late and been a rough day
Your # 2 scenario is somewhat pointless. If JIG cuts his AMF fees from $15 million a year down to $5 million a year, the Coyotes are done. They'll just die a slower, more painful death. There is no indication that they can survive with the $15 million that JIG had negotiated. They really won't be able to live on $5 million a year. Bankruptcy would be pretty much inevitable for JIG and Friends.
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