Skip to content

Glendale to vote on Coyotes lease tonight

Nov 27, 2012, 12:11 PM EDT

Jobing.com Arena Getty Images

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.

Latest Posts
  1. (Video) PHT Extra: In praise of Braden Holtby

    May 5, 2015, 3:54 PM EDT

    New York Rangers v Washington Capitals - Game Three Getty Images

    Scoring on the Capitals hasn’t been easy for the New York Rangers.

  2. Columbus has picked its new captain, says Davidson

    May 5, 2015, 1:57 PM EDT

    Buffalo Sabres v Columbus Blue Jackets Getty Images

    “He’s popped, he’s a person that’s carried himself with outstanding leadership.”

  3. Jets expecting ‘real benefits’ with Moose move to Winnipeg

    May 5, 2015, 1:51 PM EDT

    Anaheim Ducks v Winnipeg Jets - Game Three Getty Images

    The AHL is going to look dramatically different next season.

  4. Diaz to make postseason debut for Flames in Game 3

    May 5, 2015, 1:27 PM EDT

    Calgary Flames v Ottawa Senators Getty Images

    Swiss blueliner hasn’t played since Apr. 2.

  5. Mantha: ‘I need to work on a lot of aspects of my play’

    May 5, 2015, 11:34 AM EDT

    2013 NHL Draft Getty Images

    Red Wings brass hoping a little “adversity” is good for the 2013 first-round pick.

  6. Flames aren’t flinching about burning a year off of Bennett’s deal

    May 5, 2015, 11:14 AM EDT

    2014 NHL Draft - Portraits Getty Images

    They’re facing down the dreaded 10th game tonight.

  7. Sabres prospect Compher returning to Michigan

    May 5, 2015, 10:44 AM EDT

    University of Michigan v Michigan State Getty Images

    The Big Ten’s freshman of the year in 2013-14 heads back to school.

  8. Rick Nash: ‘A bounce would be nice’

    May 5, 2015, 10:21 AM EDT

    Rick Nash Getty Images

    His baffling postseason struggles continued in Game 3.

  9. Report: Oilers send Nurse to AHL for Calder Cup playoffs

    May 5, 2015, 10:16 AM EDT

    Edmonton Oilers v Arizona Coyotes Getty Images

    Rangy defenseman has enjoyed a hectic 2014-15 campaign.

  10. Capitals’ third line stands out in Game 3

    May 4, 2015, 11:19 PM EDT

    New York Rangers v Washington Capitals - Game Three Getty Images

    Washington needs its bottom-six forwards to keep contributing in order to go deep into the playoffs.

  11. Holtby outduels Lundqvist as Caps take series lead

    May 4, 2015, 10:28 PM EDT

    Braden Holtby Getty Images

    It was his first shutout of the 2015 playoffs.

  12. Colorado College, University of Denver will play at Coors Field

    May 4, 2015, 9:40 PM EDT

    Coors Field Getty Images

    It’s part of the leadup to the Detroit vs. Colorado outdoor game.

  13. Video: Capitals strike first on Beagle’s determination goal

    May 4, 2015, 9:04 PM EDT

    Beagle goal

    Andre Burakovsky got his first career playoff point.

Featured video

Holtby becoming big-time goalie
Top 10 NHL Player Searches
  1. K. Letang (1576)
  2. J. Hudler (1555)
  3. M. Zidlicky (1549)
  4. C. Perry (1510)
  5. N. Beaulieu (1500)