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01-30-2013, 01:44 PM
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Originally Posted by cheswick View Post
The COG hasn't agreed to cough up anything for this season.

They coughed up $25 million two seasons ago. $20 million for last season, that as far as any credible sources have said, has yet to be claimed by the NHL. Plus they were suppsoed to contribute an additional $5 million at the closing of the last season which they have not done.

There is no ongoing $25 million commitment from the city.

I believe there is. Unless the NHL and Glendale entered into a new lease in '12 that I am not aware of.

May'11 NHL/COG Lease Amendment:

Whereas, in further consideration for the extension of the AMUL for the 2011-12 NHL season, the City shall agree to provide the Owners with the option, in their sole discretion, to extend the AMUL for a period of up to 10 years;

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