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There was some good news for the Coyotes last night

May 23, 2012, 10:21 AM EDT Arena

We know Coyotes fans are bummed out pretty bad about seeing their team knocked out of the playoffs in five games by the Kings, but there was some good news last night.

Round about the same time the Coyotes’ season was coming to an end, the City of Glendale passed a preliminary budget approving $17 million to be set aside to pay prospective owner Greg Jamison to operate Arena. This is the first of three meetings the city will have discussing the budget, but this first step is an important one to show Jamison they’re serious about ponying up to help keep the Coyotes in Arizona.

As you know by now, the NHL reached a tentative agreement with Jamison to buy the Coyotes but there a lot of particulars left to iron out and the lease agreement on the arena is one of the biggest. Should the final budget be approved to pay out the $17 million, the chances Jamison will wind up buying the team and keeping them in Glendale jump dramatically.

A Coyotes season ending in disappointing yet positive fashion but with optimism? That’s a turn for the best.

  1. lewdood - May 23, 2012 at 10:50 AM

    I’d say congratulations to the 6000-7500 Coyotes fans who turn out for the teams’ regular season games, but this is meaningless. The arena management fee will never pass the AZ Gift Law test, and Jamison and his mystery buyers (I’m still convinced it’s a Florida retirement community) will never be able to buy the team without the ridiculous subsidies they’re demanding, nor would they ever want to. Why buy a team that loses money when you can buy the team and have the city guarantee to cover those losses so you can make a profit?

    This is a farce, and the members of the Glendale city council who voted in favor of this in the face of a crushing budget deficit look like total buffoons.

    I’m in no way conservative, and would never agree to about 99.9% of Goldwater’s positions, but they’re spot on with this one.

    • rosselliott - May 23, 2012 at 12:01 PM

      Let me guess… You’re not from Arizona and really don’t know our laws, or facts. I’m going to say…from Canada. Am I right? I’ll be shocked if I’m not.

      Here’s some facts.

      This management fee is not a gift. It’s a fee for services. That’s a fact.

      This management fee is inline with what the University of Phoenix Stadium, directly across the street from Arena. That’s a fact. It should also be noted the the Stadium has significantly fewer events take place at it each year.

      • namriverrat69 - May 23, 2012 at 7:21 PM

        I’m amazed at your telekinectic powers. Now that PHX is gone you and your fan friends can go back to ASU and hang with your mascot sparkles.

        A hunter friend told me he heard that coyotes are being taken off the nations Federal Government Protection list. Soon it will be open season on all coyotes everywhere.

        LONG LIVE THE KINGS!!!!!!!

  2. pavelfitzgerald - May 23, 2012 at 1:23 PM

    It’s amazing the lengths delusional people will go to justify things. 15 years & 15 years of losing money – all facts !!

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