Glendale, NHL trying to close Phoenix Coyotes deal with Jamison group

[thegreaterikku]

Originally Posted by CasualFan

I find the protracted discussion about the Phoenix market to be bizarre.

If the market were viable, the asset would draw interest, there would be an offer, and subsequently, a transaction. The availability of the asset has existed since September of 2009. The lack of transaction is undeniable, non-debatable, irrevocable factual evidence that the market considers the Coyotes untenable.

As such, the highest probability is that the NHL has already completed a transaction with Quebecor and the Jamison “bid” is nothing more than a gimmick to inflate playoff revenues. The next highest probability is that the NHL is still negotiating with Quebecor and utilizing the Jamison “bid” as leverage in that negotiation. The lowest probability is that Greg Jamison has assembled a team of investors that desires to purchase the Coyotes and continue team operations in Glendale.

Like I said elsewhere... how can the team draw interest since they are on the verge of moving ever since 2009 (and even before)? The Coyotes are experiencing the same thing the Expos faced before they moved away. Stupid management that killed the franchise and didn't promote it properly. I am pretty sure that Phoenix is a hockey market (which is not the same as a Canadian team, I am not that stupid) it just need the proper owner and direction... and this is what the NHL BoG are looking for. If they don't find someone... then they will move.

[jetsfan88]

As I said a few days ago. Offer is one that contains subsidies

Reported in the G&M

140M purchase price

Jamieson to pay 100M ; COG to pay 40M up front.

COG to pay GJ 16M per year to manage arena.

[url]http://www.theglobeandmail.com/sports/hockey/globe-on-hockey/adding-up-the-numbers-in-phoenix-bid/article2401781/[/url

[JordanStaal#1Fan]

Originally Posted by jetsfan88

As I said a few days ago. Offer is one that contains subsidies

Reported in the G&M

140M purchase price

Jamieson to pay 100M ; COG to pay 40M up front.

COG to pay GJ 16M per year to manage arena.

[url]http://www.theglobeandmail.com/sports/hockey/globe-on-hockey/adding-up-the-numbers-in-phoenix-bid/article2401781/[/url

Which means the GWI will block it? Do you still believe it is all smoke and mirors?

[Puckschmuck]

Originally Posted by JordanStaal#1Fan

Which means the GWI will block it? Do you still believe it is all smoke and mirors?

If this is the actual deal, then the GWI will be all over it, just like last time. So if taxpayers subsidies are involved, there will be no deal.

[ATHF]

Originally Posted by jetsfan88

As I said a few days ago. Offer is one that contains subsidies

Reported in the G&M

140M purchase price

Jamieson to pay 100M ; COG to pay 40M up front.

COG to pay GJ 16M per year to manage arena.

[url]http://www.theglobeandmail.com/sports/hockey/globe-on-hockey/adding-up-the-numbers-in-phoenix-bid/article2401781/[/url

That seems to be in line with Leiberman's statements that the deal with Jamison would see the city pay Jamison "hundreds of millions of dollars" over the next 21 years..can't see that passing any kind of GWI sniff test...