Come on Whileee.... a "take it or leave it" with a contingency isn't entirely out of the realm of reason. The COG would NOT have to initiate anything of the sort. It may or may not have even occurred to them at this point.
Of course they could not assure the buyer that they would be the winning bidder, but the buyer could assure the COG and the NHL that the purchase of the team is contingent on the purchase of the arena. Besides, just how stiff do you suppose the competition would be on the ol' auction block?
There are ways around most everything and to simply right this off may be premature.
Sure, I suppose anything is possible. And any pronouncement about the future of the Coyotes to this date has to be considered premature.
I'll just reiterate that I think that the COG has shown a willingness to put a very attractive lease on the table for a prospective owner, which would probably be a better financial option than buying the arena. I think that a deal could probably get done if the NHL wasn't so intransigent on the selling price.
In a way, maybe it would have made more sense for a prospective owner to negotiate a great lease deal with the COG, and then present a "take it or leave it" offer to the NHL on the purchase price. I expect that it would exert a fair bit of pressure if someone offered the NHL $100-110 million to purchase and keep the team in Glendale, which would be about the same price that the Thrashers' owners received. The NHL would have had to do a lot of PR stick-handling if they rejected that offer and sold it for relocation.
Is it that much tougher to move a division winner?
Unfortunately not. However, if they go deep, and they just might, the city goes nuts, it'll sure as shootin complicate matters for the league & embarass them even more than they should be & will be if they sell for relo....
Im guessin their both on year-year Contracts so they'd be free to accept the best offers that come their way if the teams sold, locally or for relo. And Im pretty sure they wont come cheap. As a package or individually.
Out-managed and out-coached most of the league under the most difficult of conditions. They'll be on the top of a numbet teams lists however theyve both made it clear their preference is to stay in Phoenix, believe in the market. Smart guys.
Too bad they cant convince their employers to go through the wall the way their players do, persuaded the league to smarten up & do something about that price tag on the franchise. Good soldiers dont call out their Generals n' all but still....
Sure, I suppose anything is possible. And any pronouncement about the future of the Coyotes to this date has to be considered premature.
I'll just reiterate that I think that the COG has shown a willingness to put a very attractive lease on the table for a prospective owner, which would probably be a better financial option than buying the arena. I think that a deal could probably get done if the NHL wasn't so intransigent on the selling price.
In a way, maybe it would have made more sense for a prospective owner to negotiate a great lease deal with the COG, and then present a "take it or leave it" offer to the NHL on the purchase price. I expect that it would exert a fair bit of pressure if someone offered the NHL $100-110 million to purchase and keep the team in Glendale, which would be about the same price that the Thrashers' owners received. The NHL would have had to do a lot of PR stick-handling if they rejected that offer and sold it for relocation.
I would think leasing the arena is also the better option, but if for whatever reason the "potentials" see it differently; I believe a purchase to be somewhat plausible.
Somehow this video went unviewed by almost anyone for five days but it took twitter by storm tonight. Could Jim Treliving be the latest in a long line of "mystery buyers" interested in buying the team? He owns businesses in the valley and his son is the assistant GM. I feel like I'm grasping for straws with anything that could resemble good news, but figured this was worth posting.
Lisa Halverstadt
Glendale has called for a special closed-door session at 5 p.m. tomorrow so council members can get an update on Phoenix Coyotes negotiations.
Coyotes-related vote has not been scheduled at the regular council meeting that will follow at 7 p.m. Any vote would need to be posted at least 24 hours in advance.
Do you consider the last-minute meeting a good or bad sign for Glendale?
Here’s where you can view agendas for upcoming Glendale council meetings. This includes regular meetings, workshops and executive sessions.
Right now, this team is focused on the playoffs. There was a story I read, I think it was Fox Sports, on how the ownership issue has really not been brought up period this year as, a complete turn around from last year right before the playoffs.
Edit : Just saw the video with the 9 minute mark optimism for Coyotes fans. I hope this stays overlooked. The team needs to worry about what's on the ice, nothing in the back ground. If there is a for sure owner that is going to keep the team in AZ, then do it, and come out with it. None of this optimism of staying, or negativity of leaving.
Last edited by awfulwaffle*: 04-10-2012 at 01:40 AM.
Somehow this video went unviewed by almost anyone for five days but it took twitter by storm tonight. Could Jim Treliving be the latest in a long line of "mystery buyers" interested in buying the team? He owns businesses in the valley and his son is the assistant GM. I feel like I'm grasping for straws with anything that could resemble good news, but figured this was worth posting.
(ps: Hey guys, first post, got tired of lurking )
For some reason when this first got posted I never noticed the last part "I look forward to having you on the program in September to kick off the new season when you’re the owner of the Phoenix Coyotes then." JT definitely puts off the 'crap, I slipped up' vibe. Should be interesting what pops up in the next couple of days
For some reason when this first got posted I never noticed the last part "I look forward to having you on the program in September to kick off the new season when you’re the owner of the Phoenix Coyotes then." JT definitely puts off the 'crap, I slipped up' vibe. Should be interesting what pops up in the next couple of days
Treliving is part of T&M, which besides owning Boston's pizza, is involved with commercial real estate, sports management, arena management, ticketing and concert/event production. They also own and operate the CHL. Now, really, who else would be such a fit to buy the team, arena and surrounding real estate? Jamison could be an investing partner, with Treliving being the driving force. Even if the team goes south and remains, Treliving can fast-track a CHL team to replace them, while flipping the Coyotes to another market. He gets to keep the cheaply bought real estate.
Very plausible. Out of all the potential owners, he has the most reason to be in the game.
I agree we shouldn't draw too much attention to that video. But I would like to add something from Wikipedia.. "JT is also chairman of the board for Global Entertainment Corporation, which owns the Central Hockey League, amongst other properties." This guy is a hockey guy and knows how things operate. This just got a lot more interesting.
I had seen the video when it first came out, and tweeted it. It got RT a couple of times but nothing else. Now...it's come out in a big way.
But, predictably, there was an immediate flurry of tweets from QC about why he wasn't telling the truth, that there's no way he could be involved or interested in a sale, etc.
If Treliving is involved then its obviously a deal that involves Westgate. It's a bigger deal then just a sale of a hockey franchise. much much bigger which makes sense because as a hockey venture alone we all realize that it isn't a great business opportunity.
I think that the players learned last year when that pre-playoff bombshell from Canada about their imminent relocation didn't pan out. They won't take anything like that nearly as seriously as they might have last year.
Last edited by Scottrocks58*: 04-10-2012 at 11:55 AM.
Reason: typu
I think that the players learned last year when that pre-playoff bombshell from Canada about their eminent relocation didn't pan out. They won't take anything like that nearly as seriously as they might have last year.
I think that the players learned last year when that pre-playoff bombshell from Canada about their eminent relocation didn't pan out. They won't take anything like that nearly as seriously as they might have last year.
We'll see......it wouldn't be Coyote playoff hockey without a thickening (hopefully not sickening) ownership plot.
That said, this appears to be significantly more positive news than any we've heard in weeks. Glendale calls for a "special closed door" meeting to review the Coyotes situation at the same time Treliving is saying the Coyotes will stay in Phoenix and Mike Nealy is on Arizona sports radio yesterday (910) saying he also feels good about the Coyotes staying.
If there's absolutely any sort of realistic chance for them to get the arena off of the books, they're going to run with it for as long as possible. Glendale desperately needs the money for the baseball bills coming due.
If there's absolutely any sort of realistic chance for them to get the arena off of the books, they're going to run with it for as long as possible. Glendale desperately needs the money for the baseball bills coming due.
Uggh, Camelback, what a drain. That was suppose to be the biggest attraction during spring training with the "great" Dodgers taking up residence...just a few years later people wont go because of its orientation towards the sun and the Dbacks opened a great park for local fans. The interesting part is Phoenix controls some of the area so one day I could see a partnership; until then they need cash now. I am not sure the payday loan shops can advance them that much.
Sell the stadium, get out of the sports business, keep West Gate open, make money on the Super Bowl=profit?
I am kinda surprised the Treliving clip became an uproar last night, because 3 days ago we were reading too much into the clip but here are some thoughts to the issue:
Quote:
Of course, there is a huge difference between saying unequivocally that you are going to do something and kind of dancing around the issue like Treliving did here. The key thing to remember, however, is that it doesn’t make any sense for him to be merely joking around about something that is going to have a direct bearing on the future of the life of his son Brad. He may have accidentally let the beans slip on something, but the odds are that this wasn’t just something in jest that he threw out there to draw laughs from a crowd.
