Phoenix XCVII: Forget it, Jake. It's Glendale.
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07-13-2013, 01:43 PM
Join Date: Jan 2013
Location: Outside GZ
Originally Posted by
It could be a tricky balance for RSE, brought about by the uncertainty inherent in their demand for a 5-year "out clause". Unless they build substantial momentum and have good on-ice success very early on (i.e. within the first 2-3 years), questions about the long-term longevity of the team might well creep in and keep potential STH and corporate groups sitting on their wallets. Of course, this was avoidable if the RSE group didn't structure the deal in such a way to look like it is poised for relocation from the beginning, and hadn't insisted on a five-year out clause tied directly to levels of operating losses that would surprise no-one.
You are giving RSE/IE 2-3 years?
I'm not given them more than two, with the third year starting the long-ride into the sunset.
RSE/IE is not actually 'buying,' they are 'leasing' with a five-year 'out' (as is popular in Arizona, 'flipping this franchise') clause safely in their back pocket...
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