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Report: NHL to present Glendale with Coyotes ownership plan next week

May 24, 2013, 10:31 PM EDT

Gary Bettman, Bill Daly AP

It appears a significant step in the Phoenix Coyotes ownership situation will soon be taken.

According to Glendale Mayor Jerry Weiers, NHL commissioner Gary Bettman has scheduled meetings with him and city council members on Tuesday morning, where it’s expected Bettman will lay out an ownership plan for the Coyotes.

It’s believed the Renaissance Sports and Entertainment group — led by Canadian businessman George Gosbee — has secured the league’s approval, according to Fox Sports Arizona’s Craig Morgan.

Weiers said the fact Bettman approached him and city council means there’s some sort of development on the ownership front.

“If he’s doing what I asked him to do, which is to not bring us anything unless he had it 100 percent ready to go, if he thinks they’re ready to go, we’ll see what they’ve got to propose,” Weiers told The Arizona Republic.

Bettman, Daly and RSE will reportedly meet with Weiers, then hold two separate meetings, each to be attended by three Glendale councilmembers.

The Coyotes had already scheduled a Tuesday presser to announce an extension for GM Don Maloney (see below) but, when reached by the Republic on Friday, NHL Deputy Commissioner Bill Daly said “other than Don Maloney’s new contract, we have nothing new to report on the Coyotes.”

In late April, Daly confirmed the league was currently in discussions with the Gosbee group — a group that, according to Paul Gilbin of the Arizona Republic, includes three other business executives (Anthony LeBlanc, Avik Dey and Daryl Jones) working under the name Renaissance Sports and Entertainment.

“There’s no doubt we’re dealing with Mr. Gosbee and Mr. LeBlanc and trying to work through and get to a deal with them,” Daly told Sportsnet’s Hockey Central (by way of AZ Central). “But there are other interested people that we’re working with at the same time, as well.”

Word of Tuesday’s announcement has spread quickly throughout the league.

On Friday evening, Andi Petrillo of CBC’s Hockey Night in Canada tweeted rumors that the league was going to announce new Coyotes ownership on Tuesday, and that the Gosbee group was the front-runner.

There have been other signs as well.

On Friday, the Coyotes locked up Maloney to a “long-term contract,” which was announced with this statement from Daly:

“Since joining the team in 2007, Don has done an outstanding job managing his team and building a competitive roster that has produced on the ice, even given less than ideal circumstances off the ice.

“The NHL remains committed to securing the Coyotes’ future in Glendale under new ownership, and we believe Don’s long-term agreement evidences that he is equally committed.”

It must be noted that just because the NHL may have selected a purchaser, doesn’t mean a deal is done.

As Morgan notes, “the plan was for the NHL to choose one buyer before meeting with Glendale. That is exactly what has happened.”

Hurdles would still remain, including reaching an arena management deal with the city of Glendale.

(For more on Jobing.com Arena operating costs, click here.)

  1. atwatercrushesokoye - May 24, 2013 at 10:47 PM

    I’m sure this time is different than all of the others….I wonder if they checked if this guy actually has money?

  2. mydoglouie - May 24, 2013 at 10:52 PM

    Brutal!

  3. thailer35 - May 25, 2013 at 12:27 AM

    I can’t wait for this deal to close and all of you finally shut up about Quebec and Seattle and all of your other bs rumors and your phoeniphobia!

    • atwatercrushesokoye - May 25, 2013 at 1:38 AM

      Even if the deal closes it’ll be 12-18 months at the most before the new owners realize they have zero chance of ever making money there and either 1. Try to walk away from the team 2. Declare bankruptcy or 3. Try to move the team themselves. This sale will only be a temporary stay of execution not a full pardon.

      Oh and for the record I’m not anti Phoenix (or more accurately Glendale in this case) I’m just tired of lockouts because bad markets continue to lose tons of money.

      • thenewraoulduke - May 25, 2013 at 9:31 AM

        option 4 is of course that millionaire/billionaire investors who paid money analyzing the business and market know more about money then a guy who posts comments on the internet.

      • hasekneverretires - May 25, 2013 at 10:05 AM

        Wow. I’m in shock. I never would’ve guessed that atwatercrushesokoye would have anything negative to say about Phoenix or Glendale. Never in a million years. WOW!!!

      • atwatercrushesokoye - May 25, 2013 at 1:50 PM

        Sure he did his business analysis and it showed he was going to make insane amounts of money, his plan surely is better than all of the previous owners because the next dollar the Coyotes make in profit will be the first they’ve made since moving to Phoenix in 1996, but yeah it was probably the owners, not the market…

        Oh yeah that also ignores the report published by the Arizona Republic that even if the team made the Stanley Cup finals for 10 straight years and hosted 30 concerts a year they still would lose money.

        What a shock Hasekneverretires comments but adds nothing of substance to the conversation at hand….

  4. proudliberal85392 - May 25, 2013 at 12:41 AM

    thailer35: Thank you from a big Yotes fan!

  5. kb2126 - May 25, 2013 at 12:46 AM

    Amen thailer!

  6. pavelfitzgerald - May 25, 2013 at 12:48 AM

    Groundhog day anyone?

  7. northstarnic - May 25, 2013 at 2:10 AM

    I’ve got a great idea. How about an outdoor game in Arizona!!! That is just what the coyotes and the world of hockey need! We’ll save that sinking ship in the desert yet!

    • jcmeyer10 - May 25, 2013 at 7:21 AM

      That’s just water polo. Or Roller Hockey.

  8. benrob99 - May 25, 2013 at 7:02 AM

    Just move them to Canada already. They’ll fit in with the rest of the teams north of the border… They also have no shot to win the Cup.

  9. buffalomafia - May 25, 2013 at 11:53 AM

    What about Seattle & Quebec?

    • President Charles Logan - May 25, 2013 at 12:03 PM

      2 loser towns you mean? kind of like buffalo?

  10. proudliberal85392 - May 25, 2013 at 5:29 PM

    I sure wish I was as well-versed in the Coyotes situation as those who don’t live here.

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