Dec 26, 2012, 1:25 PM EDT
The NHL lockout, now in its 102nd day, has meant bad news financially for most teams. For the league-owned Phoenix Coyotes, however, it might mean they get to turn a profit.
Mike Sunnucks of the Phoenix Business Journal reports the team’s new $300 million lease agreement with prospective buyer Greg Jamison would help keep the team in the black.
The bulk of that deal is the city paying Jamison on average $15 million per season to run Jobing.com Arena. The first season of that deal is for $11 million but is pro-rated to when Jamison closes on the purchase.
“The $11 million dollar figure would have been for a full year,” said Glendale spokeswoman Julie Frisoni. “Since we are now halfway through the year, it will most likely be in the range of $5.5 million to $6.5 million. It just depends on when the purchase of the team is complete and when Jamison takes over management of the facility.”
It’s remarkable that it would take a complete meltdown of a year where no hockey is played in order to help the Coyotes make money, but in this situation does anything surprise anyone?
Should the season be saved, the Coyotes would have to hope the fans return to fill out the building for every game or else they’ll risk having another financially losing season.
Sep 3, 2015, 9:20 PM EDT
He was Arizona’s second pick of the draft after Dylan Strome.
Sep 3, 2015, 7:52 PM EDT
Kane is under a police investigation.
Sep 3, 2015, 7:25 PM EDT
They took him under custody from jail and now he’s awaiting a hearing with an immigration judge.
Sep 3, 2015, 6:25 PM EDT
Can he find a role with the Flames given their deep blueline?
Sep 3, 2015, 4:57 PM EDT
“Antti was frustrated after Chicago send him [a] second time [to the] AHL and he told me truly how he felt.”
Sep 3, 2015, 3:25 PM EDT
His availability for the season opener is in doubt.
Sep 3, 2015, 2:03 PM EDT
Bruins d-man is using them as motivation for a bounce-back campaign.
Sep 3, 2015, 1:02 PM EDT
This should be good.
Sep 3, 2015, 11:42 AM EDT
Where he worked with — wait for it — current Minnesota starter Devan Dubnyk.
Sep 3, 2015, 10:53 AM EDT
In a shocking development, “money and term” are the sticking points.
Sep 3, 2015, 10:03 AM EDT
He could face up to five years in prison.
Sep 3, 2015, 9:00 AM EDT
It would mark a record for the sale of a U.S.-based NHL team.
Sep 3, 2015, 8:00 AM EDT
Thursday’s collection of links.
Sep 2, 2015, 11:30 PM EDT
Bakersfield and Stockton will play in West Sacramento, Calif. on Dec. 18.
Sep 2, 2015, 10:00 PM EDT
As many as five teams are reportedly interested in acquiring the 26-year-old.
Sep 2, 2015, 8:45 PM EDT
He was expecting a two or three year contract.
Sep 2, 2015, 5:00 PM EDT
The 26-year-old refuted an Ilta-Sanomat story.
Sep 2, 2015, 3:35 PM EDT
The 23-year-old appeared in 38 games with Chicago last season.
Sep 2, 2015, 1:57 PM EDT
“I’m a realist. If nothing happens, that’s the way it is.”
- Jonathan Toews talks about the Patrick Kane situation 0
- Voynov detained by U.S. Immigration and Customs Enforcement 4
- Ex-‘Hawks goalie Raanta tees off on former club 31
- Report: Hawks feel Kane ‘disrespected’ team, have received trade calls 119
- Hawks’ biggest question: What happens with Patrick Kane? 82
- Hall of Famer Al Arbour passes away 22
- Poll: Who will be San Jose’s next captain? 24
- Mike Richards charged with possession of controlled substance 95
- Gio won’t go: Flames extend Giordano for six years, $40.5M 13
- Pens’ plan for now: Crosby starts as Kessel’s center 25
- Report: Hawks feel Kane ‘disrespected’ team, have received trade calls (119)
- Hawks’ biggest question: What happens with Patrick Kane? (82)
- Report: Hawks’ Kane has not been asked to waive his no-move clause (47)
- Lucic jokes about running through Rask ‘like I did (to) another goalie’ (42)
- It’s Chicago Blackhawks day at PHT (41)