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Glendale, NHL trying to close Phoenix Coyotes deal with Jamison group
Glendale officials also looked at two other possible bids for the Coyotes. One from a Canadian group and another cash offer from an international investment group.
Quote:
Originally Posted by JordanStaal#1Fan
Would that be the Boston Pizza guys or PKP?
Probably the other Jamieson, Garry Jamieson from Kelowna...
This is probably the NHL trying to squeeze more money out of Glendale...
Last edited by Evil Doctor: 04-12-2012 at 07:03 AM.
Just shows he's not biting on the media's wish to talk about it. We all saw what happened with the Hulseizr bid, and all the positivity that came from it, but never happening.....
Just shows he's not biting on the media's wish to talk about it. We all saw what happened with the Hulseizr bid, and all the positivity that came from it, but never happening.....
He's also interested in keeping the Stanley Cup playoffs front-and-center for the next 8 weeks. Exactly where they belong.
Glendale doesn't have more money to devote to this team.....
Doesn't stop fraudulent telemarketers from trying to squeeze seniors..
I'm sure even as we speak Bill Daly is busy trying to convince Mayor Scruggs that Glendale doesn't need a fire department...
"Trust me, we have a guy ready to buy the team right now. It's just another $25 million, you will get it back when the new guy buys the team, this time for sure. Now make sure it goes into escrow, made out to the NHL..."
Think your wrong here, I believe TNSE was still trying to purchase the Phoenix Coyotes at this time last year.
TNSE was NEVER trying to purchase the coyotes. They were being used as leverage and as a fail safe. Atlanta was always the target and at this time last year that deal was all but done.
TNSE was NEVER trying to purchase the coyotes. They were being used as leverage and as a fail safe. Atlanta was always the target and at this time last year that deal was all but done.
But we did not know about it....so maybe the coyotes have been already sold also?
He's also interested in keeping the Stanley Cup playoffs front-and-center for the next 8 weeks. Exactly where they belong.
I'm ready to bet a lot of $ that if something very dirty and that league does not want to show during the playoffs they will force media to talk about a relocation. Lets say Crosby gets hit illegally next game, and gets hurt for the rest of his career. Or refs scrap a game or two so badly and evidently that everyone claims its done on purpose to favor one team...you don't think the league would do anything and everything to derail public attention elsewhere ?
Quote:
Originally Posted by pfp
Buy low, sell high.
With the economy the way it is and the prospect of no team to play at the area the value is likely very low.
Buy low, fine. But to sell high, you gotta do something to make the low purchase price grow. If you buy today and sell in 3 years with a team only making 1st or 2nd round of series with half-empty arena, you're not going to sell much higher than what you bought it for. And this is where Jamison and not so deep pockets of his come as a negative factor.
Buy low, sell high.
With the economy the way it is and the prospect of no team to play at the area the value is likely very low.
True. But most teams get all the revenue from their even if they don't actually own them. If I was looking at buying the team I would just tell Glendale: I agree to keep the team here for 21 years or whenever you pay it off and I will pay you $1 a year in rent and I get all the revenues.
Buy low, fine. But to sell high, you gotta do something to make the low purchase price grow. If you buy today and sell in 3 years with a team only making 1st or 2nd round of series with half-empty arena, you're not going to sell much higher than what you bought it for. And this is where Jamison and not so deep pockets of his come as a negative factor.
You obviously don't understand the Phoenix market.
Last edited by LadyStanley: 04-12-2012 at 05:55 PM.
Reason: ....
If Jamison was to buy the team and use a similar model as Winnipeg where as it would be dependent on a successful season ticket drive of 13,000 ticket by Say July 1st at an $80 average seat cost as well as selling 75% of all luxury boxes do you think the coyote fan base could do it?
If Jamison was to buy the team and use a similar model as Winnipeg where as it would be dependent on a successful season ticket drive of 13,000 ticket by Say July 1st at an $80 average seat cost as well as selling 75% of all luxury boxes do you think the coyote fan base could do it?
If Jamison was to buy the team and use a similar model as Winnipeg where as it would be dependent on a successful season ticket drive of 13,000 ticket by Say July 1st at an $80 average seat cost as well as selling 75% of all luxury boxes do you think the coyote fan base could do it?
Never going to happen.
Only small Canadian hockey crazy markets have to prove themselves to the NHL before being granted a franchise.
The NHL will take any owner they can find for the Coyotes ( just look at who the NHL has thought could be owners over the last 3 years ) and will put NO stipulations on a sale.
Only small Canadian hockey crazy markets have to prove themselves to the NHL before being granted a franchise.
The NHL will take any owner they can find for the Coyotes ( just look at who the NHL has thought could be owners over the last 3 years ) and will put NO stipulations on a sale.
I did not say anything about the NHL putting stipulations on the sale did I? I was referring to the potential purchaser.
If Jamison was to buy the team and use a similar model as Winnipeg where as it would be dependent on a successful season ticket drive of 13,000 ticket by Say July 1st at an $80 average seat cost as well as selling 75% of all luxury boxes do you think the coyote fan base could do it?
That's an interesting question. A wise investor in this situation should do exactly that: have a 5 year season ticket drive selling whatever % you need to get your required cost certainty before the sale closes. If they get it, you move forward, if you dont', then technically, the market spoke and said no and the investor walks away.
I did not say anything about the NHL putting stipulations on the sale did I? I was referring to the potential purchaser.
I've always said that this is a likely stipulation on the sale, it only goes through based on a successful drive. Maybe not to 13k, but to some more sustainable pricing level and STH base.
