Comments on: Report: Jamison still seeking financing to purchase Coyotes

By: bcjim

bcjim — Tue, 08 Jan 2013 02:07:47 +0000

Totally ridiculous. I should have made an offer. I could scrap together as much cash as him it sounds like.

Dont you need a certain “net worth” to be a pro sports team owner?

By: ron05342

ron05342 — Tue, 08 Jan 2013 01:00:16 +0000

“Report: Jamison still seeking financing to purchase Coyotes”

Of course he is.

Because if he already had the financing, he would purchased the team already. He’s had five weeks to do it, after all.

And now, he will be able to, because as was written above, the NHL is willing to give him a loan.

Let’s see, the purchase price has been reported at $170 million. So, I am assuming the league is going to loan him about $169,990,000, and some idiot bank will probably front the other $10,000 for him.

By: mclovinhockey

mclovinhockey — Mon, 07 Jan 2013 23:55:23 +0000

So the league isn’t making enough money to go around which caused Gary to enforce a lockout… Now the league aka Gary is doing everything to keep a team losing 20 mill a year? People say not to blame bettman but how can you not blame him since teams like this caused the lockout?

By: lewdood

lewdood — Mon, 07 Jan 2013 23:33:07 +0000

Because you have to buy Sox in pairs?

By: atwatercrushesokoye

atwatercrushesokoye — Mon, 07 Jan 2013 23:33:00 +0000

Anyone who thinks this is going to end any other way than badly in Glendale is sadly mistaken. Buying the team is one thing but then you have to have the money to pay players, club employees, building staff, interest payments on money borrowed etc. Not sure why this guy wants this team so badly (and it’s annual $20+ million losses) when he doesn’t seem to have any ability to pay for it. Did the Glendale city council do any due dilligence on him before they decided to hand him a check for $320 million?

By: wingsdjy

wingsdjy — Mon, 07 Jan 2013 22:07:56 +0000

I guess I’ll be that guy and ask why you would want to buy the White Sox twice?

By: kitshky

kitshky — Mon, 07 Jan 2013 21:59:54 +0000

Can you imagine how profitable this team would have been, and how much money the NHL would have saved if Balsillie had owned it the last half decade?

By: jaybird22seven

jaybird22seven — Mon, 07 Jan 2013 21:53:12 +0000

He could have saved some time and gone to Quebec. There is some investors their that would love to own an NHL team. Right Gary?

By: esracerx46

esracerx46 — Mon, 07 Jan 2013 21:52:22 +0000

What a joke this team has become….Well I guess they always have been a joke. Ever since they moved to Phoenix and had those gaudy uniforms. I’m looking for financing to buy the Bears, White Sox, Bulls and White Sox but I haven’t found anyone willing to give me the money. I guess me and Jamison are in the same boat as owning a franchise is just a pipe dream. He’s just a few million closer.

By: guitarmy204

guitarmy204 — Mon, 07 Jan 2013 21:51:11 +0000

Big Surprise.

By: jernster21

jernster21 — Mon, 07 Jan 2013 21:39:53 +0000

This makes no sense to me. If they’re struggling to even BUY the team how do they plan on financing the continuous operation of it especially considering the team has never (and likely never will) made money.