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.
Aug 30, 2014, 10:11 AM EDT
Father Time always wins … eventually.
Aug 30, 2014, 9:00 AM EDT
” … Until we go into the season and start playing real games, our relationship will be fine.”
Aug 30, 2014, 8:00 AM EDT
Can they shoot out of mediocrity?
Aug 29, 2014, 11:00 PM EDT
Can he fit in well enough to embrace this opportunity?
Aug 29, 2014, 10:10 PM EDT
Should they make a move or play hardball with free agents?
Aug 29, 2014, 9:30 PM EDT
Jeff Skinner was also on the ice Friday.
Aug 29, 2014, 8:00 PM EDT
Can’t top No. 4.
Aug 29, 2014, 6:29 PM EDT
“I’m sleeping with it tonight.”
Aug 29, 2014, 4:57 PM EDT
The Chicago Blackhawks let him walk.
Aug 29, 2014, 3:30 PM EDT
Team has needs at center.
Aug 29, 2014, 3:00 PM EDT
Played 20 career games with Boston.
Aug 29, 2014, 2:15 PM EDT
Was schedule for Ontario Superior Court Sept. 8
Aug 29, 2014, 1:18 PM EDT
A pair of hilarious ads to promote the game.
Aug 29, 2014, 12:33 PM EDT
Heading into a contract year, lots on his shoulders.
Aug 29, 2014, 11:05 AM EDT
Scored 135 goals and 299 points in four seasons with the London Knights.
Aug 29, 2014, 10:45 AM EDT
Spent the past two seasons in Edmonton.
Aug 29, 2014, 10:02 AM EDT
Their cap situation and defensive logjam might lead them to make a trade.
Aug 29, 2014, 9:00 AM EDT
“It’s amazing how an accident like this puts things in perspective.”
Aug 29, 2014, 8:00 AM EDT
They won the Presidents’ Trophy, but fell in the second round.
Aug 28, 2014, 10:46 PM EDT
Will one be named this season?
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