Skip to content

An investor with hockey in his DNA wants to buy the Coyotes

Mar 29, 2013, 4:14 PM EDT

Los Angeles Kings v Phoenix Coyotes - Game Two Getty Images

Another potential purchaser of the Phoenix Coyotes has stepped forward.

Darin Pastor, founder and CEO of the wealth management firm Capstone Affluent Strategies, has “formed an exploratory committee of seasoned investment bankers and other related sports entertainment advisors in an effort” to buy the club from the NHL, according to a release.

“Hockey is in my DNA,” Pastor said. “My family has enjoyed a love affair with the sport for over three generations. When we saw the prospect to get involved with the NHL and purchase the Coyotes, it was like a dream come true.”

Pastor also says his group “will do everything we can to make sure it stays in the great city of Glendale and continues to enhance the Phoenix metropolitan area.”

More from the release:

A native of Buffalo, N.Y., Pastor has been around the sport of hockey for his entire life. In 1956, his grandfather and great-uncles bought the Buffalo Bison Hockey Club when the previous owner threatened to move the team, and under their guidance, the Bisons improved dramatically, winning the Calder Cup in 1960, 1964, and 1970. Buffalo’s roster featured many future NHL stars and quickly became one of the hottest tickets in the league, with an average attendance of over 10,500 per game.  The Pastor family sold the Bisons in 1971 shortly after the franchise joined the NHL as the expansion Buffalo Sabres.

Related:

Bettman to Glendale: Expect something on the table soon

Alberta investment banker the latest to explore Coyotes purchase

Report: relocation a growing possibility for Coyotes

  1. govtminion - Mar 29, 2013 at 4:20 PM

    They’ll set a deadline, he’ll just barely miss it, and we’ll start the whole process all over again, just like every other time we’ve had someone step up to save the Coyotes over the past… what, decade now?

    I like the Coyotes, I wish hockey would work in that market, but… this has gotten ridiculous.

  2. chanceoffleury1 - Mar 29, 2013 at 4:21 PM

    I feel like at this point all hockey fans should just throw $10 each into a pot and we can buy the Coyotes and relocate them ourselves so that we can stop hearing about their drama in Glendale.

    • kmacle - Mar 29, 2013 at 4:41 PM

      Great idea – count me in. (if it buys a vote: QC and restore the Adams Division)

  3. valoisjoeybfeld69 - Mar 29, 2013 at 4:29 PM

    And the saga continues. Keeping a team in PHX will prevent hockey revenue from increasing too much thus keeping the salary cieling at an acceptable level from the owners perspective.

  4. mclovinhockey - Mar 29, 2013 at 4:32 PM

    Ill toss in 20, ill be the majority share holder of the team haha ; )

    • comeonnowguys - Mar 29, 2013 at 4:41 PM

      If I toss in 10 can I make the team wear those Nordique unis that never saw the light of day because of the move?

      • heynow33 - Mar 29, 2013 at 5:12 PM

        Yeah!!!, QC was sooo profitable that the team moved in 1995!! No “whales” for a new “gift” arena? eh…Where was D.Katz when you needed him?

  5. steelers88 - Mar 29, 2013 at 4:51 PM

    Just move the Coyotes already! No one ever goes to their games except for playoffs! Move them to Wisconsin or something.

  6. kgun80 - Mar 29, 2013 at 5:51 PM

    Put this team in Seattle! I’ve said it before on this site.. They sell out soccer games! They are a sports crazy city. I’m sorry Glendale but if the league isn’t going to retract.. They might as well put the team where it will be profitable.

  7. ynothockey - Mar 29, 2013 at 8:46 PM

    Coyotes have sold out the last 2 games at home and they aren’t even close to making playoffs yet. So you all don’t think that the ownership problems affect attendance?? Most of the people who live in Phoenix now are from “hockey” markets. Hope Coyotes get a new owner who is dedicated to keeping the team here. When that happens I’m sure we’ll all see a spike in attendance. Just my thoughts. Then haters will have to find some other team to complain about. I’m sure they already have a list.

    • comeonnowguys - Mar 29, 2013 at 11:01 PM

      Two games. Knock me over with the feather. So, they climb to 28th in the league then?

      • scionofflame - Mar 30, 2013 at 8:05 AM

        And after getting to the Western Conference Finals last season, Phoenix couldn’t fill their seats. Where was the spark and passion then? Two sellouts is great, but it took over half the season for you guys to build to that. Nashville is sitting over here on 28 consecutive sellouts (every home game this season + more.)

        I like the Coyotes. I’m sure their fans love them. But you’re dealing with a failing market, a team struggling to make money at all, and a local government that’s not exactly positive about the NHL staying in their town.

        I think the team would thrive -far- better in a market happier to receive them, and with ownership that can not only scrape together cash to buy the team in the immediate future…but support it going into the long term as well.

  8. jaybertx - Mar 30, 2013 at 10:29 AM

    How anyone can wish team relocation on another fanbase I will never know. As a Cleveland Browns fan I can’t stand the thought of teams moving. Do the Coyotes have an attendance problem? Maybe. But who is going to invest their time, money, and love into a team that gets talked about for relocation every 10 minutes? I certainly wouldn’t. I’m impressed by the number of people that show up in spite of that fact. Get a solid ownership group that is committed to keeping the team in Glendale and I guarantee you that attendance would improve.

    Northern folk who have grown up with hockey their entire lives like to say that non-traditional markets are a waste of time. I completely disagree. All it takes is ONE live hockey game and people are hooked. I don’t care where you’re from. Proper management of a team takes care of that. I’m a firm believer that hockey can succeed anywhere there is ice as long as the team is managed properly.

    • scionofflame - Mar 30, 2013 at 12:29 PM

      Listen, I don’t think anyone -wishes- relocation on the Coyotes. I also don’t think that it’s fair to the Coyotes to be left in this limbo, and to not have the ability to get more competitive.

      I don’t wish relocation on the Coyotes…but I don’t wish this crazy uncertainty the players have dealt with for 3+ years on them either.

Featured video

Bettman hears the boos in Philly
Top 10 NHL Player Searches
  1. P. Subban (2242)
  2. S. Crosby (1752)
  3. R. Vrbata (1707)
  4. C. Schneider (1678)
  5. C. Giroux (1653)