The Business of HockeyDiscuss the financial and business aspects of the NHL. Franchise sales, valuations, TV contracts, ratings, expansion, relocation, the CBA and work stoppage discussion goes here.
I'd caution you to stop conflating certain fans with entire cities and not to read anything more into people's motives than you are right now.
The recession isn't some magic wand that justifies fiscal irresponsibility... "we'd be fine if the bubble hadn't burst" is not a valid excuse. Glendale, like so many other medium sized municipalities and countries in Europe, lived well beyond their means and took a lot of ridiculous risks with money they never had because they were too shortsighted to imagine what would happen when the boom was over. I'd sincerely hope that the citizens of Glendale and every city like it have learned that it's better not trying to "rise" to the level of major cities if that involves taking on massive debts on things like stadiums that never, ever pay off.
If I can snag from someone Glendale's original plans and projections for the sports build up I will PM them to you. You'd be surprised at how much thought went into it. Have a good night.
Coming from someone in the state where Detroit can't afford street lights, that's really quite a damnation of Glendale. I submit to you that this "Gongdale" stuff is nothing but the expression of vapid desires of those who want the the Coyotes in their city or nation. Glendale has been navigating the combination of sudden recession, loss of home values and tax revenue, and the collateral damage done by Moyes and Balsillie. I think that they did as good a job as possible. When many consider giving up the team (because they want it) good governance, fighting tooth and nail to keep the team is of course bad governance.
I submit to you if Bettman had come out 3 years ago and said only KC, LV and Seattle would ever be considered, there wouldn't be more than 2 threads on BOH in all this time and nobody would be calling the place "Gongdale."
I hear ya, but conversely if this was not a Hockey Board, and the discussants from the Phoenix area were not predominantly Coyotes fans, I expect that the actions of the City of Glendale council and administration might not be described as being quite so rational and even heroic.
Suburban communities, even those with 230,000 people, should not be paying their city manager nearly as much as a city like Phoenix...
I was wondering when this guy was coming back... Edward Beasley is the reincarnation of none other than Gregori Rasputin.
Been keeping an eye out for you Punk!. Bringing down the Romanovs in 1917 wasnt enough?.
The TSN article made it sound like the Coyotes had an owner.
The G&M article has a very negative tone to it.
This is nuts.
It looks like they do have a potential owner - Jamison.
Now he needs to negotiate a lease with the City of Glendale. He will be the fourth potential owner to attempt this. On the positive side, word out of Glendale city council is that his proposed lease terms are much more favorable than previous ownership candidates.
If a lease is negotiated, Jamison's group would then need to negotiate a sale with the NHL. Here we have some conflicting reports, but most seem to suggest that Jamison is looking for a reduction in the selling price. That seems reasonable, and probably necessary to facilitate a local sale. But I don't think we know how flexible the NHL might be on the selling price.
Still, all in all, things look much better today than they have for the past few months.
I'm not saying there is no chance a deal will get done. Only one in a billion.
So there is still a chance.
Quote:
Originally Posted by Scottrocks58
If I can snag from someone Glendale's original plans and projections for the sports build up I will PM them to you. You'd be surprised at how much thought went into it. Have a good night.
I am sure the original concept had an abundance of studies and due diligence into the overall feasibility of the Westgate development plan. I don't think anyone questions the ambition of a borough that borders with a very large metropolitan population, in their efforts to capitalize on the revenue that said population can put forth.
I think most are calling fault to the lack of due diligence when it comes to how the municipality has handled the efforts of keeping the NHL in Glendale.
I understood it to say that that was his retirement salary from the city, he's getting paid that much during retirement.
It looks like CoG is covered under the Arizona State Retirement System - which pays 2.1-2.3% of the public employees highest 36 month avg salary per year of service. It would be quite easy for Beasley to qualify for a pension of 50-60+% of his final salary (which tends to get bumped up by things like vacation and sick day payouts, etc) - he could easily be looking at a $100-150K+ pension.
I'm filling out the necessary paperwork to get Killion nominated for the Order of Canada, maybe we can have kdb made an hono(u)rary member, too
Im afraid I had to give up my Canadian Citizenship in order to take a Seat in the House of Lords Brodie.... and happy to report that unlike Lord Conrad Black of Crossharbour, and many, many, MANY of my esteemed colleagues, I've thus far been able to allude the authorities & keep my nose out of ye' jolly Olde Bailey & HM's Prison at Pentonville.
Quote:
Originally Posted by Fugu
I understood it to say that that was his retirement salary from the city, he's getting paid that much during retirement.
You mean "annually", or like, "pro-rated" and broken up, amortized over some
Life Expectancy Experts opinion?. Say like a Marlin Perkins of Mutual of Omaha...
who specialises in that when he's not off in the Serengeti or wherever filming Wild Kingdom....
Oh, there's a deadline. There has to be because this cannot go on much longer, as the NHL does not want to own this team any longer. They can't take this into June, July with no buyer wanting to keep the team in Phoenix.
There is a deadline. Bettman won't say it, but I would imagine that it is fairly soon. If the team is to move, I don't think the NHL wants to have it on a tight timeline, as Winnipeg was last year.
What does salary have to do with the sale of the coyotes to Jamison? Little bit off topic here folks.
Oh, I thought this little sidebar was because some of the BOH vets are seriously considering applying for Beasley's job when he retires. Some have been researching for the job for more than 3 years.
Beyond the drama and fun of dealing with the wacky council members, there's also a gold-plated pension!
Scoobs, there has to be a deadline, but only because Glendale won't put up more money. If the NHL didn't care about the Coyotes staying in Phoenix, they could have been gone a long time ago. Phoenix is a massive city, and a massive market. I'm not saying Atlanta isn't, but there is a ton of potenial in the Phoenix area.
The league and others are staying hush hush becuse of prior ownership possibilities that didn't work out. That's my theory, and I'm sticking to it. The whole situation will end this year, before next year. Coyotes are either staying with a new owner, or leaving. I wish everyone, who is invested this team or not, who just chimes in from boredom, etc. would just go watch baseball, or enjoy the playoff games. Because sooner much sooner than later, we are going to know where the Coyotes are going to be, and who their Owner(s) are.
Is anyone really expecting for Bettman to say anything negative about the Yotes' odds of staying in Glendale while they still have games this year? They still want butts in the seats to try to make money/reduce the drain that the team has been on their coffers.
Wake me when the Yotes are no longer playing and then I'll be willing to pay attention to what anyone from the league has to say about the team.
What does salary have to do with the sale of the coyotes to Jamison? Little bit off topic here folks.
A) I dont believe the COG's gotten their moneys worth &
B) The guys receiving a gold plated pension for failure &
C) He's only 53 years old, or is it a case of....
I often go to the Bronners Christmas store in Frankenmuth Michigan. Not sure how close it is to Detroit (to be honest) but I love it. The people have always been very kind to me there.
I'm from Winnipeg and have visited Frankenmuth a few times. It's about 90 minutes north of Detroit.
They have a couple awesome golf courses....... but I digress.
Given that the man is a pathological liar, we can deduce there is a deadline and I'm sure he's got more than one destination in mind. I'd like to see the Yotes make it all the way to the finals just so I could watch that little bastid squirm during the relocation announcement.
Of course they will try one last time to setup something that does not respect AZ's law. Need to make sure tickets are still sold.
But, I mean, we all know GWI will bark at the glimpse of tax payers money involved, in any way possible, and probably more agressively then ever. PR operation both for the city and the league, Beasley is under Daly's orders, dealing with someone tied to the NHL.
Let's all blame GWI who put the nail in the coffin (protecting Glendale's tax payers legitimate interest).
Some have been researching for the job for more than 3 years. 
