Phoenix LXIX: Thread of LXIX
View Single Post
01-30-2013, 01:44 PM
Join Date: Oct 2004
Originally Posted by
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;
View Public Profile
Find More Posts by Hawker14