Feb 1, 2013, 11:00 AM EST
Early this morning, Greg Jamison confirmed he was unable to close on his purchase of the Phoenix Coyotes by yesterday’s deadline to buy the team from the NHL and still receive the crucial arena-management agreement he had previously negotiated with the City of Glendale.
“We will not be able to complete our purchase of the Phoenix Coyotes today in time to meet our deadline with the city of Glendale,” Jamison said in a statement. “However, our journey to purchase the Coyotes will continue. We realize this will require additional conversations with the city of Glendale and the NHL. We still believe we can reach an agreement that satisfies everyone. We hope negotiations with the city proceed as smoothly as possible, as everyone involved wants the Coyotes to remain in Arizona.”
The NHL has also said it will continue working to keep the Coyotes in Glendale.
“We remain hopeful the Coyotes sale process will be resolved successfully and we will continue to work with the City of Glendale to move the process forward,” said deputy commissioner Bill Daly in a statement Friday.
However, new mayor Jerry Weiers could prove a tough negotiating partner for any prospective owner. Upon being elected in November, Weiers sent a strong message to the Coyotes that “Glendale is not your cash register.”
The recently expired arena-management agreement that Jamison managed to negotiate with the previous administration — which Weiers did not support — was set to pay Coyotes ownership around $15 million a year to run Jobing.com Arena.
Not surprisingly, the news that Jamison was unable to meet the deadline has raised eyebrows in Seattle, a potential NHL relocation/expansion market.
But Don Levin, a Chicago businessman who’s expressed interest in moving a team to the city, says he’s had no discussions with the league about buying the Coyotes.
“They don’t like to abandon markets,” Levin told the Seattle Times. “I think the league wants to do everything it possibly can to keep the team there.”
Update (12:11 p.m. ET):
Coyotes President and COO Mike Nealy issued the following statement regarding the Coyotes ownership situation:
“Today, we were informed by the National Hockey League that Mr. Jamison was unable to close on his purchase of the Coyotes. Mr. Jamison will continue to work with the NHL and the City of Glendale to close a deal that will keep the Coyotes in the Valley. Although there is no set timetable, hopefully it will be soon. The Coyotes will continue to be owned by the NHL and nothing changes for our organization. We will work hard on and off the ice to provide our fans with a winning team that they can be proud of. We would like to thank all of our great fans and corporate partners for their incredible patience and loyalty throughout this process. We know it’s been difficult and we appreciate their support.”
Nov 23, 2014, 7:30 PM EST
Had two goals in two AHL games.
Nov 23, 2014, 7:00 PM EST
Chara placed on long-term injured reserve.
Nov 23, 2014, 6:25 PM EST
Paul Maurice irate with the penalty call.
Nov 23, 2014, 5:20 PM EST
Received a two minute boarding minor.
Nov 23, 2014, 5:03 PM EST
Not much of a margin for error for the banged-up B’s.
Nov 23, 2014, 4:14 PM EST
Seriously, this is pretty harsh.
Nov 23, 2014, 4:01 PM EST
He’s appeared in 737 consecutive games.
Nov 23, 2014, 3:45 PM EST
Sunday’s starting goalies.
Nov 23, 2014, 3:13 PM EST
He set up Tyler Seguin’s breakaway goal.
Nov 23, 2014, 12:51 PM EST
Good luck with that.
Nov 23, 2014, 12:15 PM EST
He shared the evidence and a boatload of hashtags.
Nov 23, 2014, 11:39 AM EST
His twin Henrik will play his 1,031st.
Nov 23, 2014, 10:34 AM EST
The kind of pass you’d don a mullet wig for.
Nov 23, 2014, 9:33 AM EST
The Syracuse Crunch and Utica Comets drew more than 30,000 fans.
Nov 23, 2014, 2:30 AM EST
L.A. has won only once away from Staples Center this season.
Nov 23, 2014, 1:34 AM EST
Edmonton lost 7-1 on home ice. Six straight losses.
Nov 23, 2014, 1:01 AM EST
Nov 23, 2014, 12:28 AM EST
Washington lost out on a chance for three straight wins.
Nov 23, 2014, 12:01 AM EST
These teams play against Dec. 27.
Nov 22, 2014, 11:23 PM EST
Struggling is an understatement.
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