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Glendale pushes back vote related to NHL payments

Jun 26, 2013, 9:03 AM EDT

Shane Doan Getty Images

The Glendale City Council was expected to vote last night on a measure that would have used City Hall as collateral to help pay down debts related to the money they agreed to pay the NHL.

Here’s more from the Arizona Republic:

The city agreed to pay the NHL, which currently owns the team, $25 million a year for two years to manage the arena. The city raised most of the money by giving itself loans from various city funds. The City Hall lease deal would allow the city to pay back the funds.

However, NHL executives have offered to accept the last $25 million fee in installments over five years if the city approves the Renaissance package, Sherwood said.

Meanwhile, the City Council will continue its talks with prospective Coyotes owners Renaissance Sports and Entertainment.

Renaissance is hoping to receive $15 million a year to manage Arena. The City had only budgeted for $6 million, but Renaissance might provide the city with a portion of the possible profits, including parking revenue, to help make the deal work.

The obvious x-factor is that the size of those potential reimbursements would be dependent on how successful Renaissance is in drawing fans to the Coyotes’ games and other events.

“We’re still going back to them,” Councilman Gary Sherwood said. “We’re still not satisfied with what we have, so the whole mix can change.

“If they offer something else up, maybe they take something else off the table, so it’s not even fair to say what we’ve agreed to. We’re still not satisfied that we have enough of our risk covered.”

The Council will hold a private session on Friday about the matter.

  1. Exiled1 - Jun 26, 2013 at 9:23 AM

    Move to Seattle already. This is getting stale.

    I lived in Phoenix metro area for a while and got to see a few Coyote games and was amazed as to how apathetic the fans were.

    There were more people gathered in the mezzanine and food concourses than in the seats DURING the game. It was more of a wine tasting event than a sporting event. People were there to be seen not watch a game.

    True story: While listening to the local sports radio someone called in a won 4 tickets to a Coyotes game and promptly asked on air if the could Arizona Rattler tickets instead. They’d rather watch arena football? SMH!

    • rsmaggiemae - Jun 26, 2013 at 4:25 PM

      Just move the team to Quebec or to the other provinces that want a team
      I cant see moving to Seattle would they really support a hockey team???
      I personally just hate seeing fans going to a hockey game in shorts and flip flops
      I dont live in Canada either, I live in Minnesota where its 30-40 below in January and thats hockey weather

  2. joeharkins - Jun 26, 2013 at 9:52 AM

    It’s that way in a lot of markets … people show up to be seen — not heard .. so, Phoenix is no different than an exceptional few cities … doesn’t mean they can’t support an NHL team … an increasingly aging population is moving from the northeast United States to parts South and West … not to Quebec and Hamilton …

  3. dsonashville28 - Jun 26, 2013 at 10:37 AM

    The problem is a catch-22. It’s hard to sell out an arena for a team that hasn’t had an owner for 4 years–hasn’t been marketed well for arguably its entire existence in Arizona–therefore not bonding with the community. Fans don’t want to get emotionally and financially attached to something that might be gone in the blink of an eye.

    We almost lost the Predators here in Nashville due to an owner who didn’t market the team well and did not bond with the community. Luckily, the new ownership is local and has made strides in attendance and marketing so that it isn’t a problem any longer.

    If Glendale realizes that they need to roll the dice with the potential new owners, and help them bond with the community and help get other events to the arena besides NHL hockey, this could become a success story. If Glendale wants to continually nitpick about how much they’ll pay to manage their arena, they may be stuck with an empty building that becomes an albatross to every politician involved in its construction. Hopefully common sense will prevail.

  4. thenewraoulduke - Jun 26, 2013 at 12:06 PM

    Everyone knew the city wouldn’t be voting yesterday as it was not on the agenda and it is illegal to vote on something not on the agenda.

  5. govtminion - Jun 26, 2013 at 2:55 PM

    Keep delaying, Glendale. After all, we’ve waited this long for resolution to this mess, what’s another week?

  6. jonkchar - Jun 26, 2013 at 3:48 PM

    Glendale has announced a morning meeting for tomorrow. So are the board of Governors for the NHL. im guessing we will find out by tomorrow how this is going to tilt

  7. northstarnic - Jun 26, 2013 at 4:41 PM

    Hockey team out of AZ! Send them somewhere that people watch, play, know hockey.

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