Nov 27, 2012, 12:11 PM EST
In the latest chapter of the never-ending Phoenix Coyotes ownership saga (we believe it’s chapter 13,349), the City of Glendale will vote this evening on a 20-year lease with prospective team owner Greg Jamison.
The lease is a controversial one in that it calls for the cash-strapped municipality to pay Jamision in the neighborhood of $15 million a year to manage the city-owned Jobing.com Arena.
Some say it’s nothing but a subsidy and that the arena could be managed for considerably less.
The counterargument is that it’s the only way to keep the Coyotes from moving and that, with the potential loss of jobs and indirect business taxes, things would be worse for the city without the NHL franchise.
The vote’s outcome could come down to city councilor Yvonne Knaack, who didn’t indicate last week which way she was leaning.
It’s also worth noting that city manager Horatio Skeete no longer supports the lease, even though he’s the one who negotiated it with Jamison.
Of course, even if the lease is approved by city council, Jamison would still need to close on the deal. Last week, he told the Arizona Republic that his group would “move as quickly as we possibly can” should the vote go its way.
There’s also the specter of the Goldwater Institute, the taxpayer watchdog group that may challenge the lease, which many have called a subsidy, in court.
Jan 24, 2015, 10:03 PM EST
See you all tomorrow.
Jan 24, 2015, 9:41 PM EST
Florida’s All-Star goalie never gave up on it.
Jan 24, 2015, 9:14 PM EST
Just 0.3 away from Zdeno Chara’s all-time record.
Jan 24, 2015, 9:09 PM EST
Jan 24, 2015, 8:34 PM EST
Team Foligno running away with this.
Jan 24, 2015, 8:21 PM EST
That’s an all-time screencap right there.
Jan 24, 2015, 7:55 PM EST
Team Foligno sweeps first competition.
Jan 24, 2015, 7:09 PM EST
Johnny Hockey gets the nod.
Jan 24, 2015, 6:20 PM EST
Has gone from forward to defense, back to forward and back to defense.
Jan 24, 2015, 5:30 PM EST
He’s ranked fourth in Central Scouting’s mid-term rankings.
Jan 24, 2015, 5:23 PM EST
Bragging rights on the line.
Jan 24, 2015, 5:21 PM EST
And what will the team look like?
Jan 24, 2015, 4:55 PM EST
It’s expected to be around $71.6 million to $72.2 million for the 2015-16 season.
Jan 24, 2015, 4:09 PM EST
Slovenia’s (and Los Angeles’) Anze Kopitar figures to play a prominent role.
Jan 24, 2015, 4:02 PM EST
Will fans care? Is it fair?
Jan 24, 2015, 2:34 PM EST
“People are intrigued by this. There are going to be great storylines.”
Jan 24, 2015, 2:15 PM EST
Gillette Stadium, TCF Bank Stadium and Coors Field will play hosts
Jan 24, 2015, 1:00 PM EST
It all gets going at 7 p.m. ET on NBCSN.
Jan 24, 2015, 12:46 PM EST
“Again, I’ll repeat that for this team to be even remotely close to missing the playoffs isn’t something we can be happy about.”
Jan 24, 2015, 12:00 PM EST
The 21-year-old is learning what it takes to be an NHL regular.
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