12/21/24
January 31, 2013
Greg Jamison asks for extension on Phoenix Coyotes deal:: In the most clear sign yet of the fragility of Jamison’s efforts to buy the Coyotes, Glendale Mayor Jerry Weiers said an attorney representing Jamison called him late Wednesday night to ask for an extension on a lucrative arena-management deal. The city previously offered Jamison a 20-year deal that pays him an average of $15 million a year to manage Jobing.com Arena. However, the deal mandates that Jamison has to purchase the Coyotes from the NHL by 11:59 p.m. Arizona time today. If Jamison misses the deadline, the deal evaporates. Weiers said of extending the deadline: “Obviously, we’re not going to do that.”
posted by tommytrump to hockey at 01:03 PM - 2 comments
Those in the know say they are moving to Seattle.
The NHL is banking on milking more money out of QC and Markham (TO) in eventual expansion to 32 teams.
Hockey might actually work in Seattle, assuming they don't pull a Phoenix and decide to build the arena on an island accessible only via a 45 minute ferry ride.
posted by cixelsyd at 02:17 PM on January 31, 2013
I'm thinking the only people with the cash interested in buying this team would probably want to move it to some northern city, like Seattle, Quebec City or Toronto.