Jun 28, 2013, 11:42 PM EST
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.
Feb 1, 2015, 9:30 PM EST
They’ll visit the President on Monday.
Feb 1, 2015, 8:35 PM EST
Was a healthy scratch Friday night.
Feb 1, 2015, 7:16 PM EST
Minnesota sweeps western Canadian road trip.
Feb 1, 2015, 6:14 PM EST
Rookie Filip Forsberg had two assists in the win.
Feb 1, 2015, 5:13 PM EST
“The last 13 seconds were the longest I’ve ever lived.”
Feb 1, 2015, 4:03 PM EST
Both forwards had two goals apiece.
Feb 1, 2015, 3:22 PM EST
It was a close call.
Feb 1, 2015, 2:27 PM EST
St. Louis killed the five-minute major.
Feb 1, 2015, 2:12 PM EST
Could be a very tough loss for the Blues.
Feb 1, 2015, 1:45 PM EST
He already has two on Sunday.
Feb 1, 2015, 12:47 PM EST
Watch some hockey before a certain big game.
Feb 1, 2015, 12:39 PM EST
Andrei Vasilevskiy gets recalled in his place.
Feb 1, 2015, 12:18 PM EST
Pittsburgh continues to navigate injury challenges.
Feb 1, 2015, 11:50 AM EST
Time to hit the brakes on that rumor?
Feb 1, 2015, 10:37 AM EST
St. Louis is 9-0-1 in its last 10 games.
Feb 1, 2015, 9:37 AM EST
A big hip check and three assists from the defenseman.
Feb 1, 2015, 1:41 AM EST
Got a little help, too. Quick whistle on Toews chances.
Feb 1, 2015, 12:55 AM EST
Stopped 31 of 32 shots for the win.
Feb 1, 2015, 12:07 AM EST
No call. Got a little testy out there after that hit.
Jan 31, 2015, 11:17 PM EST
Boston maintaining their hold on a Wild Card spot.
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- End nearing? Lightning waive Nabokov 4
- Leafs scoring slump hits historical low 24
- Video: Rangers’ Lundqvist takes puck to the neck 10
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- Price leads Habs past Caps with second straight shutout 12
- Report: Rob Blake would be Brendan Shanahan’s first choice to replace Dave Nonis 5
- Bettman would be ‘kicking and screaming’ before NHL jerseys have ads 29