Mar 23, 2013, 1:45 PM EST
According to Mike Sunnucks of the Phoenix Business Journal, the City of Glendale is looking into a new way to figure out what to do about finding a new owner and/or someone to run Jobing.com Arena.
The Glendale City Council will vote whether or not to offer a contract to Beacon Sports Capital Partners LLC worth $25,000 and another $400 an hour for them to advise the city on how to proceed in finding a new owner for the Coyotes. According to city documents the total cost of the contract is worth $100,000.
All told, if that kind of investment can unearth an owner and someone to operate the arena, it’s worth the money. If it fails, it’s just more money the city is throwing down a hole in hopes of keeping the team.
The city was ready to pay former Sharks vice president Greg Jamison $300 million to take over the team and operate the arena, but he failed to buy the team by the January 31 deadline despite working hard to find others to invest in the team. The Coyotes have been without an owner since 2009.
Mar 2, 2015, 7:31 PM EST
Adding versatility in a tough West.
Mar 2, 2015, 6:49 PM EST
Quite a rebound from a scary lacerated arm.
Mar 2, 2015, 5:59 PM EST
“We were looking to upgrade, add more of a veteran presence.”
Mar 2, 2015, 5:49 PM EST
“It’s just hard to get a deal done, and you see the prices are so high.”
Mar 2, 2015, 5:25 PM EST
Was it just a sellers’ market?
Mar 2, 2015, 5:10 PM EST
He gets a no-trade clause in the first year of the deal.
Mar 2, 2015, 5:09 PM EST
“Devastating” news for the Calgary Flames.
Mar 2, 2015, 4:47 PM EST
He was scheduled to become a restricted free agent after this season.
Mar 2, 2015, 4:00 PM EST
All the latest leading up to 3 p.m. ET…
Mar 2, 2015, 3:57 PM EST
They were “adamant” about bolstering their blue line.
Mar 2, 2015, 3:44 PM EST
Second trade of the day for Boston.
Mar 2, 2015, 3:38 PM EST
Former 13th overall pick.
Mar 2, 2015, 3:20 PM EST
A 31-year-old for a 23-year-old.
Mar 2, 2015, 3:15 PM EST
For the price of a second-round pick in 2017.
Mar 2, 2015, 3:07 PM EST
Busy day for Montreal.
Mar 2, 2015, 3:06 PM EST
Speedy winger was rumored to be a trade deadline target.
Mar 2, 2015, 2:58 PM EST
Kids. They do the darndest things.
Mar 2, 2015, 2:43 PM EST
Has only been to the playoffs once in his career.
Mar 2, 2015, 2:38 PM EST
New York gets Mark Louis in the deal.
Mar 2, 2015, 2:23 PM EST
It’s the veteran’s third team this season.
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