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Phoenix XCVIII: 5tayin' Alive

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Old
08-05-2013, 01:54 PM
  #951
CasualFan
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Originally Posted by IPreferPi View Post
And...just like that, it's done. Sorry to disappoint some of you.
Looks like I'm in serious need of an amendment to my statement from yesteryear:

"I'm certainly convinced the team will move or fold (or get $15MM per year from Glendale), but I'm not going to emote over the result. That stuff is for fan pages, not sports business boards."

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Old
08-05-2013, 01:55 PM
  #952
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It's up on the NHL site:

NEW YORK -- The National Hockey League today announced the sale of the Phoenix Coyotes to a group headed by George Gosbee and Anthony LeBlanc. The transaction, which closed earlier today, was approved by the League’s Board of Governors – terminating League ownership of the Club.
"The National Hockey League believes in Arizona as an NHL market and that these new owners can provide the Coyotes the opportunity to secure a stable, long-term future in Glendale," Commissioner Gary Bettman said. "We thank Mike Nealy, Don Maloney, Dave Tippett, team captain Shane Doan and all the players and staff for consistently going 'above and beyond' on behalf of the franchise during this long and complex process. We thank the Coyotes' devoted fans for their patient, perseverant support. We are extremely pleased that a positive resolution has been achieved for the fans, the city, the Coyotes and the League."

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Old
08-05-2013, 01:56 PM
  #953
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This is the way the world ends; not with a bang but a whimper.

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Old
08-05-2013, 01:56 PM
  #954
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Anthony LeBlanc ‏@anthonydleblanc 5m

Dear Coyotes fans, it's official and we are thrilled to be the owners of this wonderful franchise. Go Yotes! #heretostay

Source: https://twitter.com/anthonydleblanc

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Old
08-05-2013, 02:02 PM
  #955
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So what lame insult will bad teams now use when Phoenix beat them since "at least we're not getting relocated" is now longer viable?

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08-05-2013, 02:03 PM
  #956
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The good news: the Coyotes shirt I bought at Gabriel Brothers for $4 is now relevant for 5 more years!

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Old
08-05-2013, 02:08 PM
  #957
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Quote:
Originally Posted by Rutkowski View Post
So what lame insult will bad teams now use when Phoenix beat them since "at least we're not getting relocated" is now longer viable?
"At least we will have a team in ________ years!"

It's not going away for a long time but that's fine. I think we are immune to it by now.

#heretostay

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Old
08-05-2013, 02:09 PM
  #958
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Quote:
Originally Posted by Llama19 View Post
Anthony LeBlanc ‏@anthonydleblanc 5m

Dear Coyotes fans, it's official and we are thrilled to be the owners of this wonderful franchise. Go Yotes! #heretostay

Source: https://twitter.com/anthonydleblanc
Yeah, this is pretty much how I feel right now...


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Old
08-05-2013, 02:09 PM
  #959
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Originally Posted by jimmycrackcorn View Post
What the hell are you talking about Aquib?

Didn't you know that all the "ice hockey" fans in the Desert needed was stable ownership and everything would be wonderful?

They will sell out the building at prices that will ensure profitability for years to come

If the deal gets done today - it is not the end. As another poster mentioned - it is just another "beginning of the end"...
True. It could quickly unravel like the Tampa Bay Lightning when Len Barrier and Oren Koules bailed after a year.

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08-05-2013, 02:11 PM
  #960
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Quote:
Originally Posted by Rutkowski View Post
So what lame insult will bad teams now use when Phoenix beat them since "at least we're not getting relocated" is now longer viable?
At least we 1) sell out 2) don't offer $1 dollar food and beverage to attact fans 3) are not moving in 5 years!


Honestly, glad the NHL doesn't have to prop them up anymore, and hopefully they get a legit chance over the next 5 years to make it work.

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08-05-2013, 02:13 PM
  #961
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Quote:
Originally Posted by aqib View Post
True. It could quickly unravel like the Tampa Bay Lightning when Len Barrier and Oren Koules bailed after a year.
And then saved by a legit owner.

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Old
08-05-2013, 02:15 PM
  #962
Llama19
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Originally Posted by aqib View Post
True. It could quickly unravel like the Tampa Bay Lightning when Len Barrier and Oren Koules bailed after a year.
So, true...

In Arizona, the favorite pastime is 'flipping' houses.

How soon will it take for IceArizona to 'flip' this franchise.

Now, what is that 'out clause' for...5 years?

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08-05-2013, 02:24 PM
  #963
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"The city of Glendale is very pleased with the announcement from the National Hockey League (NHL) that IceArizona Acquisition Co., LLC has finalized its purchase of the team. The city is looking forward to working with IceArizona to continue the long-term presence and success of the Coyotes in Glendale. As we move forward, the city and team will focus on building momentum for this season by welcoming new and returning fans to Glendale's Sports and Entertainment District and supporting the many shops and restaurants that make up this important economic engine for the city.
"We want to thank the dedicated fans for their ongoing support of the team and the city of Glendale. As the anchor tenant for Jobing.com Arena, the Coyotes play more than 40 home games in our city that annually attract more than 500,000 fans and we are looking forward to many successful years ahead."

Source: http://www.twitlonger.com/show/n_1rlor4k

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Old
08-05-2013, 02:31 PM
  #964
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Coyotes sale closes with NHL approval

To quote:

"Critics have noted that IceArizona, formerly known as Renaissance Sports and Entertainment, has a five-year out clause it can exercise if its losses should equal or exceed $50 million over that span, but Gosbee said those predictions don’t concern him.

“Nobody in my group talks about moving or where we would move. Half the guys have financial or real estate interests in Arizona, and some are moving or retiring down there,” Gosbee said, noting he plans to buy a home in the Valley. (His Calgary home was destroyed by recent floods.) “We think the model works, and there are lots of attributes that make Phoenix attractive. I want to own this team for the next 30 to 40 years in Arizona.”"

Source: http://www.foxsportsarizona.com/nhl/...19&feedID=9050

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Old
08-05-2013, 02:47 PM
  #965
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Phoenix Coyotes nightmare ends as NHL approves sale, out clause and all

To quote:

"It began with a struggle over a renegade billionaire trying to subvert the NHL's system to steal a former Canadian team from its U.S. home and bring it back to Canada.

It ended with a hold-your-nose-and-vote-yes deal from a city council and a press release from the NHL in August.

Talk about your diminishing returns."

Source: http://sports.yahoo.com/blogs/nhl-pu...tml#more-64764

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Old
08-05-2013, 03:00 PM
  #966
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Just so you know

After conference, we decided to keep both the finalized thread limited to the actual RSE deal and direct the usual (as one put it) Sturm und Drang to the Megathread, which is this one.

We also wanted to let you all know that this will be thread the last - so people can have proper time to grieve and pay their respects.

Then we can finally put it out of our misery.

Finally...

With that, here is the final Mega Thread

Phoenix XCVIX: "I Got 99 Problems, But A Lease Ain’t One”

http://hfboards.hockeysfuture.com/sh....php?t=1480537

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Old
08-05-2013, 03:05 PM
  #967
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Quote:
Originally Posted by Llama19 View Post
Thats well written. Pretty much nails it. Believe in the market, just dont believe this deal is worth a whole lot. Best they could get, so its a reprieve.

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