HFBoards

Go Back   HFBoards > NHL Western Conference > Pacific Division > Arizona Coyotes
Notices

Coyotes Financial Situation aka Show Me the Money Thread #2

Closed Thread
 
Thread Tools
Old
05-06-2009, 04:25 PM
  #976
CitizenCoyote
Registered User
 
Join Date: Mar 2007
Posts: 1,610
vCash: 500
Quote:
Originally Posted by pck21 View Post
Systems may not be updated just yet. Check back as late as 4:30pm.
The Bankruptcy court's online docket shows two cases filed yesterday for Coyotes Holdings, LLC. 09-BK-09491-CGC and 09-BK-09500-RJH.

The initials at the end of the case nos. tell you the judges. CGC is Charles Case and RJH is Randy Haines. The lower numbered case would have been the first filed. Not sure why there are two.

CitizenCoyote is offline  
Old
05-06-2009, 04:29 PM
  #977
08Neely
Blades of Steel
 
08Neely's Avatar
 
Join Date: Mar 2003
Location: Sunny Arizona
Country: United States
Posts: 437
vCash: 500
Quote:
Originally Posted by Phogary Flayotes View Post
How spoiled are you East Valley folks? Come on.. Try living somewhere where you need to ride a freaking subway or light rail for 45 minutes to get to games.. or driving through ice and snow..

It takes 45 minutes!!

The only thing i'll concede is that games start too early.. 7pm?? That's no good. 8pm would help commuters greatly
Spoiled isn't quite the term I would use.
Try that drive from southeast Gilbert to the Stadium 40+ times a year and talk to me.

I lived in Massachusetts for 30+ years and used to ride the T into the Garden all the time for B's games. I would take that 40 min train ride all day and twice on Sunday over that drive on the I-10.

Too bad they didn't put this Arena where Tempe Marketplace is....that alone might have been enough for a 5-10% boost of attendance.

08Neely is offline  
Old
05-06-2009, 04:32 PM
  #978
Sinurgy
Embrace Passion
 
Sinurgy's Avatar
 
Join Date: Feb 2004
Location: Tempe, AZ
Posts: 7,414
vCash: 500
Quote:
Originally Posted by indczn View Post
The whole arena location issue is so overblown and overused. Granted, I'm located just a minute off the 101 in scottsdale, but its only 35-45 minutes to my seat. With parking as a STH, I'm a minute or 2 from the door of the arena and my seat. It only takes minimal planning to avoid the worst traffic, and it only took over an hour to get out there once, and that's because of accidents on the 101.
I couldn't agree more! btw...the scenario I described above isn't even from a STH perspective, that's just normal parking!

Sinurgy is offline  
Old
05-06-2009, 04:33 PM
  #979
TeamTippett
Formally TeamTurris
 
TeamTippett's Avatar
 
Join Date: Jan 2007
Location: Phx
Country: United States
Posts: 5,325
vCash: 500
Quote:
Originally Posted by CoyotesVisitor View Post
The Bankruptcy court's online docket shows two cases filed yesterday for Coyotes Holdings, LLC. 09-BK-09491-CGC and 09-BK-09500-RJH.

The initials at the end of the case nos. tell you the judges. CGC is Charles Case and RJH is Randy Haines. The lower numbered case would have been the first filed. Not sure why there are two.
Times and place?

TeamTippett is offline  
Old
05-06-2009, 04:42 PM
  #980
SniperHF
Global Moderator
Ryantology
 
SniperHF's Avatar
 
Join Date: Mar 2007
Location: Phoenix, Arizona
Country: United States
Posts: 14,499
vCash: 500
Quote:
Originally Posted by Sinurgy View Post
I'm not sure how you miss them but I'd venture to say %90 of Coyote games are on TV. Most games are on FSN Arizona or CW6.
Oh how I wish it was so. It's only 74%. I rant about non televised games A LOT. I even complain to my ticket rep almost every time I talk to him.

My post from early this year:
Quote:
Originally Posted by SniperHF View Post
Non televised home:12
nov 1
nov 28
dec 2
dec 20
jan 2
jan 8
feb 14
feb 19
mar 14
mar 21
apr 2
apr 7

Non tele road games: 9
oc 18
nov 12
dec 7
dec 22
jan 4
jan15
feb 21
mar 12
apr 1

SniperHF is online now  
Old
05-06-2009, 04:44 PM
  #981
zyllyx
STH Hipster
 
zyllyx's Avatar
 
Join Date: Oct 2006
Location: Peoria
Country: United States
Posts: 3,228
vCash: 500
Quote:
Originally Posted by 08Neely View Post
Spoiled isn't quite the term I would use.
Try that drive from southeast Gilbert to the Stadium 40+ times a year and talk to me.

I lived in Massachusetts for 30+ years and used to ride the T into the Garden all the time for B's games. I would take that 40 min train ride all day and twice on Sunday over that drive on the I-10.

Too bad they didn't put this Arena where Tempe Marketplace is....that alone might have been enough for a 5-10% boost of attendance.
And you'd lose the 5-10% from the West Side. It's a wash. You're just accomodating one set of fans at the expense of another.

Don't take the 10. It's faster to take the 101 around, believe it or not. Trust me, I drive to and from Gilbert from Peoria all the time for work.

I used to live in Nashua and driving down for Bruins and Red Sox games - never mind Patriots games - makes the trip from Gilbert to the Job look like child's play. Do you remember what the weather did to the Mass Pike and the other freeways? Even a light snow turned my 30 minute commute from Nashua to my job in Watertown into a 3-hour affair. No sir, I have no pity for Gilbertonians and their "commute challenges" at all...

zyllyx is offline  
Old
05-06-2009, 04:46 PM
  #982
indczn
Registered User
 
Join Date: May 2008
Posts: 1,439
vCash: 500
Quote:
Originally Posted by Sinurgy View Post
I couldn't agree more! btw...the scenario I described above isn't even from a STH perspective, that's just normal parking!
I know. Even when its a full building, we can stay to the end of the game, cheer the 3 stars, and be out on the freeway without waiting in line.

indczn is offline  
Old
05-06-2009, 04:51 PM
  #983
Bench Warmer
Registered User
 
Join Date: Mar 2003
Location: Mass
Posts: 658
vCash: 500
Quote:
Originally Posted by Sinurgy View Post
I'm not sure how you miss them but I'd venture to say %90 of Coyote games are on TV. Most games are on FSN Arizona or CW6.
I'd say it's less than that. Bottom line is, Phoenix should have its own sports network, and ALL Coyotes games should be broadcasted in HD.. Plain and simple.

Bench Warmer is offline  
Old
05-06-2009, 04:56 PM
  #984
Jake16
 
Jake16's Avatar
 
Join Date: Dec 2008
Location: Scottsdale, AZ
Country: United States
Posts: 1,320
vCash: 500
Isn't the best argument that the only asset that Coyotes own that can be sold in the bankrupcy process is the right to operate an NHL franchise in Phoenix. That is the only asset the bankruptcy court /trustee currently has to sell and has to worry about getting top dollar for to protect creditors. The Coyotes do not currently own the right to operate an NHL team in whatever market they desire to put it. That is a completely different asset. And that is the only asset Balsillie has offered to buy. To "convert" the Coyotes' current asset (which Balsillie has not offered to buy and does not want) into the asset Balsillie has actually offered to purchase requires a bunch of intermediate legal steps and processes (i.e league approval to move to Ontario). But since that has not occured, and it now remains unclear if Moyes even has standing to make the request to the league (perhaps the bankrupcy trustee can), that may be difficult to do - especially on the expediated schedule Balsillie and Moyes desire (by June 30/09).

Plus, isn't a second team in the greater Toronto area worth a hell of a lot more than $212.5M??? I'm fairly certain if the league put out a press release saying they would accept bids on a expansion team to be in S. Ontario, they would seek and get a lot more than $212.5. (Tampa sold last year for close to that - A team in Toronto isn't worth more than a team in Tampa??? Come on). So essentially by this ploy, Balsillie and Moyes really undercut the league (and the other owners) of that prospective revenue.

Isn't the league better off saying it will promptly put an expansion team in S. Ontario (as soon as a suitable arena can be built), let Balsillie bid on it (with a bunch of other likely bidders) and reap maybe $300M plus expansion fee for the league and the other owners. Balsillie's and Moyes' way, the league and 29 other owners get $0.

Finally, as secured creditors the NHL and the Dell Hedge Fund get paid in full anyway with Reinsdorf's say $120M offer. Its only the unsecured creditor - Moyes who loses. But I'm not sure the league gives a rats ass about him anymore after going behind their back the way he did.


Last edited by Jake16: 05-06-2009 at 05:04 PM.
Jake16 is offline  
Old
05-06-2009, 04:56 PM
  #985
indczn
Registered User
 
Join Date: May 2008
Posts: 1,439
vCash: 500
Quote:
Originally Posted by Bench Warmer View Post
I'd say it's less than that. Bottom line is, Phoenix should have its own sports network, and ALL Coyotes games should be broadcasted in HD.. Plain and simple.
The sad thing is I didnt get to see 1 game in HD on tv brodcast by the coyotes this year, due to either Thursday obligations or being at the game. The coverage of the team in this city is horrible and it encompasses all forms of media. But, this is nothing new...

indczn is offline  
Old
05-06-2009, 04:57 PM
  #986
TeamTippett
Formally TeamTurris
 
TeamTippett's Avatar
 
Join Date: Jan 2007
Location: Phx
Country: United States
Posts: 5,325
vCash: 500
Dont forget about the number of games where we were preempted for reruns of Frasier on AZ TV.

TeamTippett is offline  
Old
05-06-2009, 05:01 PM
  #987
indczn
Registered User
 
Join Date: May 2008
Posts: 1,439
vCash: 500
Quote:
Originally Posted by Jake16 View Post
Isn't the best argument that the only asset that Coyotes own that can be sold in the bankrupcy process is the right to operate an NHL franchise in Phoenix. That is the only asset the bankruptcy court /trustee currently has to sell and has to worry about getting top dollar for to protect creditors. The Coyotes do not currently own the right to operate an NHL team in whatever market they desire to put it. That is a completely different asset. And that is the only asset Balsillie has offered to buy. To "convert" the Coyotes' current asset (which Balsillie has not offered to buy and does not want) into the asset Balsillie has actually offered to purchase requires a bunch of intermediate legal steps and processes (i.e league approval to move to Ontario). But since that has not occured, and it now remains unclear if Moyes even has standing to make the request to the league (perhaps the bankrupcy trustee can), that may be difficult to do - especially on the expediated schedule Balsillie and Moyes desire (by June 30/09).

Plus, isn't a second team in the greater Toronto area worth a hell of a lot more than $212.5M??? I'm fairly certain if the league put out a press release saying they would accept bids on a expansion team to be in S. Ontario, they would seek and get a lot more than $212.5. So by this ploy, Balsillie and Moyes really undercut the league (and the other owners) of that prospective revenue.

Isn't the league better off saying the will put an expansion team in S. Ontario, let Balsillie bid on it (with a bunch of other likely bidders) and reap maybe 300M expansion fee for the league and the other owners. Balsillie's and Moyes' way, they get $0.

Finally, as secured creditors the NHL and the Dell Hedge Fund get paid in full anyway with Reinsdorf's say $120M offer. Its the unsecured creditor - Moyes who loses. But I'm not sure the league gives a rats ass about him anymore after going behind their back the way he did.
Bob McKenzie was saying this on NHL home ice on XM, and its a very important point. A franchise in phoenix is definitely not the same as one in Ontario, but this is what lawyers are for.

indczn is offline  
Old
05-06-2009, 05:15 PM
  #988
RR
Moderator
 
RR's Avatar
 
Join Date: Mar 2009
Location: Cave Creek, AZ
Country: United States
Posts: 8,036
vCash: 500
Quote:
Originally Posted by Sinurgy View Post
I couldn't agree more! btw...the scenario I described above isn't even from a STH perspective, that's just normal parking!
I'm in Cave Creek and have to travel 10 miles down Cave Creek Road just to get to the 101, where I join the commuters heading home to the West Valley and begin the crawl west on the 101. Still, just 45 minutes from pulling out of my driveway to sitting in my seat. Location of the arena doesn't mean s***! A competitive team in the playoff hunt every year is all that matters. And if we somehow get to keep this team and new ownership makes the commitment to compete each season, we better not blow it.

RR is offline  
Old
05-06-2009, 05:21 PM
  #989
RR
Moderator
 
RR's Avatar
 
Join Date: Mar 2009
Location: Cave Creek, AZ
Country: United States
Posts: 8,036
vCash: 500
Quote:
Originally Posted by Jake16 View Post
...Isn't the league better off saying it will promptly put an expansion team in S. Ontario (as soon as a suitable arena can be built), let Balsillie bid on it (with a bunch of other likely bidders) and reap maybe $300M plus expansion fee for the league and the other owners....
Better yet, offer Balsillie the right-of-first-refusal for that expansion team in exchange for him withdrawing his offer on the Coyotes. Balsillie doesn't give a crap about Moyes or the Coyotes. He just wants a team in Southern Ontario.

RR is offline  
Old
05-06-2009, 05:34 PM
  #990
mouser
Global Moderator
Business of Hockey
 
mouser's Avatar
 
Join Date: Jul 2006
Location: South Mountain
Posts: 11,339
vCash: 500
Reaching post limit, new thread started:

http://www.hfboards.com/showthread.php?t=640041

mouser is online now  
Old
05-06-2009, 05:35 PM
  #991
Devils Advocate
mmmmmm....Crow.
 
Devils Advocate's Avatar
 
Join Date: Feb 2003
Posts: 3,682
vCash: 500
Quote:
Originally Posted by 08Neely View Post
Spoiled isn't quite the term I would use.
Try that drive from southeast Gilbert to the Stadium 40+ times a year and talk to me.

I lived in Massachusetts for 30+ years and used to ride the T into the Garden all the time for B's games. I would take that 40 min train ride all day and twice on Sunday over that drive on the I-10.

Too bad they didn't put this Arena where Tempe Marketplace is....that alone might have been enough for a 5-10% boost of attendance.
So how about going to 10 games, and make 5 of those games weekend games?

Yeah, let's put the arena in Tempe to appease all those hardcore ASU students who are such big hockey fans & the people who live in Gilbert, Chandler, & Mesa.

It takes twice as long to drive from downtown to Tempe Marketplace as it does from downtown to jobing.com arena.

waaaah, is all I hear....listen you can hear it

Devils Advocate is offline  
Closed Thread

Forum Jump


Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 01:15 AM.

monitoring_string = "e4251c93e2ba248d29da988d93bf5144"
Contact Us - HFBoards - Archive - Privacy Statement - Terms of Use - Advertise - Top - AdChoices

vBulletin Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
HFBoards.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. 2014 All Rights Reserved.