Jun 28, 2013, 11:42 PM EDT
Glendale’s city council unveiled an updated counter-proposal for a possible arena lease deal with Renaissance Sports and Entertainment to keep the Phoenix Coyotes in town on Friday and … things look messy as usual.
Long story short, the city council is ready to vote on their version of the proposal on July 2, but RSE claims they won’t agree to the modified deal, according to Fox Sports Arizona’s Craig Morgan.
The biggest sticking point appears to be the well-worn issue of an out-clause.
Glendale’s new proposal constricts RSE’s window for an out-clause to a brief window of time after the fifth season of the 15-year lease (as opposed to any time after five years, which is what RSE proposed), but that’s not the largest stumbling block. The bigger issue is that the city wants its own out-clause if Glendale loses $50 million or more.*
While there are other tweaks that may or may not cause problems, the out-clause has been called a deal-breaker. RSE’s spokesperson David Leibowitz said as much.
“The city’s proposal for an out clause is a non-starter,” Liebowitz said.
RSE claims that the city didn’t inform them that the out-clause would be added into this proposal, creating doubt about whether the vote will happen (or have any legitimacy).
Glendale Mayor Jerry Weiers seems confident with the city’s approach, though, as Morgan reports.
“We’re going to vote on Tuesday,” Weiers said. “The only thing that might happen is (RSE) may come back and say ‘you know what, we were kidding. We really didn’t mean what we said’ and I sort of expect that’s exactly what they’re going to say. ‘We weren’t really serious about we’re leaving.’
“If they are they are. That’s a risk all of the council members this morning (agreed was) fine.”
The details can make your head spin, but the summation remain the same: it’s a mess of a situation that could still contain a few twists and turns. The only thing that seems clear is that the haggling will continue, maybe until the bitter (or triumphant) end.
If you’re an upset Phoenix fan, you might find some relief in Coyotes blog Five for Howling’s argument for why the scenario might not be as bad as it seems.
* – Basically matching the terms of RSE’s out-clause.
Jul 4, 2015, 11:20 PM EDT
Vancouver started its development camp this weekend.
Jul 4, 2015, 10:10 PM EDT
His offensive totals were down, but was regularly used on penalty kill.
Jul 4, 2015, 8:40 PM EDT
Spent most of the 2014-15 season in the OHL.
Jul 4, 2015, 7:10 PM EDT
They had agreed to terms last weekend.
Jul 4, 2015, 5:40 PM EDT
Played 37 games with Edmonton last season before getting sent back to the WHL.
Jul 4, 2015, 4:10 PM EDT
He signed with Pittsburgh on Wednesday.
Jul 4, 2015, 2:57 PM EDT
Both received two-way deals.
Jul 4, 2015, 2:01 PM EDT
Will he make the 2015-16 Flyers?
Jul 4, 2015, 12:48 PM EDT
Washington’s AHL tandem has more NHL playing experience than Holtby and Grubauer.
Jul 4, 2015, 11:30 AM EDT
He usually gets at least one stint in the NHL per season.
Jul 4, 2015, 10:18 AM EDT
The two sides reportedly aren’t close to an agreement.
Jul 4, 2015, 9:09 AM EDT
What role he has could depend on the Kings and league’s decision regarding Slava Voynov.
Jul 3, 2015, 11:00 PM EDT
Scored 13 goals in 54 games last season.
Jul 3, 2015, 10:00 PM EDT
He was sentenced in September, 2013.
Jul 3, 2015, 9:00 PM EDT
Spent the last three seasons in the KHL.
Jul 3, 2015, 7:44 PM EDT
Buffalo also signed Cal O’Reilly, who played last season with the AHL Utica Comets.
Jul 3, 2015, 6:43 PM EDT
He signed a six-year, $36 million deal with Columbus.
Jul 3, 2015, 5:44 PM EDT
“Joel is a quality veteran player who can score but also plays an extremely hard-nosed brand of hockey.”
Jul 3, 2015, 5:00 PM EDT
Could make things interesting next season.
Jul 3, 2015, 4:00 PM EDT
Brings a wealth of success, experience at AHL, collegiate levels.
- Report: Plotnikov paid $500K to get out of KHL contract 8
- Philadelphia signs ’15 first rounder Provorov 8
- Brandon Saad brings championship experience to Blue Jackets 20
- Sharks sign Joel Ward to three-year deal 21
- Sabres lock up O’Reilly through 2022-23 71
- Locked in: Columbus signs Saad to six-year, $36M deal 27
- Oilers sign McDavid to entry-level contract 29
- ‘Hawks would like to re-sign Oduya, but still working through ‘financial hurdles’ 17
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick 73
- Voynov takes plea, gets 90 days in jail plus probation 66
- Blockbuster: Kessel traded to the Penguins (131)
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad; Anisimov and Dano headed to Chicago (93)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick (73)