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NHL, Glendale once again extend arena agreement

Aug 27, 2012, 11:01 PM EDT

GLENDALE, AZ - APRIL 27: Mike Smith #41 of the Phoenix Coyotes makes his way to the ice for warm-ups prior to facing the Nashville Predators in Game One of the Western Conference Semifinals during the 2012 NHL Stanley Cup Playoffs at Arena on April 27, 2012 in Glendale, Arizona. (Photo by Norm Hall/NHLI via Getty Images) Getty Images

Fourth time’s the charm? That’s how many times the NHL and the city of Glendale have extended their arena management agreement, according to a report from the Arizona Republic.

The NHL will now operate Arena, home of the Phoenix Coyotes, for another 30 days to give Greg Jamison more time to purchase the franchise.

“This provides a period of time that’s necessary to make sure the entire transaction can occur,” City Attorney Craig Tindall said.

When the NHL and Glendale extended the arena deal back in July, we noted that Jamison was reportedly $20 million short of the money needed to buy the franchise from the league. However, since then Jamison has reportedly secured the investment money.

The Phoenix Coyotes quest to get an owner has been a long, winding, and bumpy road. We haven’t reached the end of this saga yet, but perhaps we’re finally approaching the conclusion.

  1. chiefblckbear - Aug 27, 2012 at 11:13 PM

    And if this falls through. What then?are they gonna do 30 days all season. When we hit the 15 what then?

  2. DTF31 - Aug 28, 2012 at 12:44 AM

    If the NHL wants this sale done they better get a CBA hammered out. Not sure how long Jamison’s investors are going to want to sit around waiting for their money pit to start losing money.

  3. rushledger - Aug 28, 2012 at 1:41 AM

    The day the CBA is fixed and then the day the coyotes get an owner two most satisfying days for me in terms of hockey security one and two respectively.

    • atwatercrushesokoye - Aug 28, 2012 at 8:17 AM

      The Coyotes can get a new owner but that doesn’t mean it will ever make money, it took Jamison forever just to secure financing to buy the team, what do you think the odds are this group can sustain losses in the $25 million range year after year? But I guess if I were part of the “rabid” 12,400 fans who “fill” that arena every night I’d be stoked at keeping my white elephant too.

  4. kingfooj - Aug 28, 2012 at 3:31 AM

    i dont know whats more played out: The doan deal, the CBA, or this….

    • windmiller4 - Aug 28, 2012 at 12:24 PM

      The nash deal was pretty bad too

  5. Doesnotmatter - Aug 28, 2012 at 5:58 AM

    Great !!! The owners are trying to cut the players’ salaries by 25 percent and the NHL is helping a team that is consistently losing money.

    • lostpuppysyndrome - Aug 28, 2012 at 8:19 AM

      Oh no, don’t you remember? They made up a ton of cash by making David Thomson and Mark Chipman pay a “relocation fee” to the tune of $60mil so Atlanta could move to Winnipeg. Crooks. They’ll do the same with Phoenix/Quebec too.

      • davebabychreturns - Aug 28, 2012 at 11:52 AM

        Hey, they could always just fold and charge someone a $300m expansion fee instead..

      • lostpuppysyndrome - Aug 28, 2012 at 12:36 PM

        Don’t think they haven’t thought about it.

      • Doesnotmatter - Aug 30, 2012 at 4:46 AM

        Does it matter? Winnipeg has an NHL team now. And we’re talking about people/corporations that can afford to pay the relocation fee. Just end this Phoenix misery. Put the Coyotes out of their misery. Jamison clearly isn’t the saviour.

  6. revansrevenant - Aug 28, 2012 at 7:20 AM

    If he doesn’t have the money by now, he likely is never going to have the money. Ship the ‘Yotes to Quebec.

    • lostpuppysyndrome - Aug 28, 2012 at 8:19 AM

      What if we just start calling the the Quebec Coyotes? Will that speed things up a bit?

      • Doesnotmatter - Aug 30, 2012 at 5:45 PM

        Les Coyotes de Quebec? Quebec Huskies? Quebec Bears? Quebec Beavers? Quebec Rat Monkeys? Quebec Qs? Quebec Foxes? Quebec Werewolves?

      • lostpuppysyndrome - Aug 30, 2012 at 9:26 PM

        …yes, any of those will do.

      • Doesnotmatter - Sep 1, 2012 at 5:57 AM

        Sorry, I went a little overboard. I might lose it if there’s a strike/lockout. I do like the Qs. The Phoenix Question Marks…..

  7. paperlions - Aug 28, 2012 at 8:31 AM

    There are so many reasons to move the Coyotes to another market….it makes no sense whatsoever to keep pissing in the wind. The fan base just isn’t there, and revenue isn’t there to maintain a competitive team, an viable owner that wants the team there doesn’t exist…and it is just embarrassing to insist on playing hockey in the desert.

  8. ballistictrajectory - Aug 28, 2012 at 8:40 AM

    Maybe the league could kidnap 1500 or 2000 folks from LV and bus them to the arena to fill up the place for each game, putting the charges on the “victims'” room tab. They could toss in a free hot dog or rattleburger…

  9. mclovinhockey - Aug 28, 2012 at 10:36 AM

    What a badly run business….

  10. maxmasou - Aug 28, 2012 at 11:41 AM

    Québec, Accueillez vos Nordiques!!!! Maintenant votre allignement de départ/ Now your starting line-up, au center/at center : Shane Doooooooooooan….

    Arff, still a dream! lollllllllll

    • windmiller4 - Aug 28, 2012 at 12:26 PM

      I doubt doan decides to resign if they move to quebec

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