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Glendale mayor-elect unhappy with Coyotes lease

Nov 29, 2012, 11:00 AM EDT

Jerry Weiers

When incoming Glendale mayor Jerry Weiers was elected earlier this month, he had a stern message for the Phoenix Coyotes: “Glendale is not your cash register.”

At the time, the Coyotes’ 20-year, $320 million lease (that’s money going to the tenant, not the traditional other way around) had yet to be approved by city council.

That changed Tuesday when the deal was given the green light, leaving Weiers no choice but to see it through when he takes office next year.

“I’m not overly happy with the decision made, but we’ll take that decision and run with it the best we can,” Weiers said, as per CBS 5 News.

“It is what it is, the council, the current council passed it. It’s something I’m going to have to deal with.”

Prospective owner Greg Jamison has yet to close on the purchase from the NHL, but he reportedly has the financing in place to get it done within the next month or two.

  1. valoisvipers - Nov 29, 2012 at 11:51 AM

    With all the adversity the Coyotes face with lack of ownership,low budget and playing home games with small crowds in the desert. Yet they manage to go deep in the playoffs. Then you look at the Leafs, the wealth and rabid fan base located in the middle of Canada and no playoffs during this last expired CBA and no Cup since back to the year of Expo and black and white TV for most folks.Uncanny

    • valoisvipers - Nov 29, 2012 at 11:52 AM

      PS Not Leaf bashing just saying.

    • id4joey - Nov 29, 2012 at 12:47 PM

      Good one, there valoisvipers. What are they doing right down there?

      • valoisvipers - Nov 30, 2012 at 9:21 AM

        Not sure what it is down there Joey I think maybe the fact that they are left alone in obscurity with no expectations or external pressures such as fans and media and all the hype that surrounds most other teams.

  2. 12strikes - Nov 29, 2012 at 11:52 AM

    Can I hire the guy that negotiated this lease to do my next mortgage?

  3. rushledger - Nov 29, 2012 at 12:18 PM

    Well said the mayor elect there needs to not push buttons also.

    • brightredblood - Nov 29, 2012 at 12:42 PM

      “WHAT?” – Lil’ Jon

  4. thailer35 - Nov 29, 2012 at 12:42 PM

    “Oh well, we’ll only have part of the financial issues that we would have had if the team were to leave. And Westgate will probably be able to bounce back instead of turning to desolate ruins like the stadium would have. It is what it is.”

  5. joeyashwi - Nov 29, 2012 at 1:01 PM

    So the owner gets paid $320 million to use the arena? Let me guess, the books will show that the money is under expenses. It’s creative bookkeeping like this that makes the owners’ arguments in the CBA negotiations very suspect. Unbelieveable. So the public is paying for a team to use an arena that was already paid for with public funds? Am I missing something?

    • ballistictrajectory - Nov 29, 2012 at 1:04 PM

      Only the envelope with the cash in it…

  6. sportsfan69 - Nov 29, 2012 at 2:40 PM

    Hey, is that Cliffy from Cheers?

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