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Report: Glendale wants to “re-work” Coyotes sale

Aug 29, 2012, 10:59 PM EDT


While potential Phoenix Coyotes owner Greg Jamison seems primed to buy the team, the City of Glendale reportedly wants to “re-work [the] 20-year, $324 million deal,” according to Lisa Halverstadt.

Halverstadt breaks down the situation:

Glendale officials have repeatedly said that they were waiting for Jamison to hold up his end of the bargain — purchasing the team from the National Hockey League — after approving the Arena lease with him in June.

But Jamison’s efforts to buy the team were complicated by unexpected hurdles. There was an unsuccessful effort to ask Glendale residents to vote on the deal in a November referendum. There have also been concerns about an NHL lockout. Then the Arizona Court of Appeals ruled last week that a initiative with a goal of reversing a sales-tax hike expected to help Glendale cover its bills, including next year’s budgeted $17 million arena-management fee to Jamison, should appear on the November ballot. The city has since asked the state Supreme Court to weigh in on the latter matter.

The city reportedly wants Jamison to sign the deal before they look into possible “amendments.”

The recent setback with a “sales-tax initiative” might partially explain the holdup.

If the sales-tax initiative makes it to the ballot and is repealed by voters, the budget-strapped city could lose a $20 million funding stream.

Even with those headaches in mind, Jamison’s comments were diplomatic.

“I really respect Glendale’s council,” he said. “They’ve shown a lot of courage.”

(H/T to Kukla’s Korner.)

  1. buffalomafia - Aug 29, 2012 at 11:20 PM


  2. theawesomersfranchise - Aug 29, 2012 at 11:35 PM

    Something something hockey can’t compete vs the 3 major sports in the desert?

  3. ron05342 - Aug 30, 2012 at 2:44 AM

    “latter matter” ?

    You guys keep re-inventing the English language. Kudos…I think.

  4. ballistictrajectory - Aug 30, 2012 at 7:21 AM

    It’s pretty clear the folks in Glendale do not desire an NHL team in their city. Time to relocate.

  5. tmoore4075 - Aug 30, 2012 at 8:40 AM

    Just move them. I’m sorry Coyotes fans I really am but this has dragged on for 3 years now.

  6. AlohaMrHand - Aug 30, 2012 at 9:11 AM

    There ya go Virginia Beach.

  7. bcsteele - Aug 30, 2012 at 10:35 AM

    Well as much as everyone, including myself, has gotten sick of hearing about Doan…if this delays things to a November election I would guess his days in the desert are done if he sticks to his guns.

  8. rushledger - Aug 30, 2012 at 1:09 PM

    Move them to Phoenix make a payment plan to pay back Glendale on the money they’ve invested and tada better situation!

    • wisbadgers - Aug 30, 2012 at 7:06 PM

      Where in Phoenix would you move them? What land is available that is ideal for the traffic that the Coyotes will bring on a nightly basis (omit all the forthcoming jokes)?
      Also, who would pay Glendale back and why would they pay Glendale back? Because Glendale made a bad decision 10 years ago? Man, I wish someone would pay me back for all the bad decisions I made 10 years ago.
      Good luck convincing Phoenix to pay Glendale one cent because Glendale’s gov’t is a joke.

  9. manchestermiracle - Aug 30, 2012 at 9:36 PM

    This is what happens when politicians are allowed into the mix. If you can’t afford your own stadium, so that you aren’t at the mercy of elected “officials,” then perhaps it is time to explore other locations. Or, in this case, way past time….

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