Jul 3, 2013, 11:20 AM EST
Last night was a good one for Coyotes fans. The prospective owner of the club, Renaissance Sports and Entertainment, got its $225 million arena-management agreement approved by the City of Glendale, allowing the club — to be called the Arizona Coyotes — to remain in the desert.
“For the people of Arizona and for Coyotes fans, we’re finally in a position to begin focusing on life without all the uncertainty,” NHL commissioner Gary Bettman said.
But with all due respect, much uncertainty remains. In large part because of this:
That there is the contentious out clause that RSE was able to negotiate, allowing it to terminate the agreement (and relocate the team, presumably) after five years should cumulative losses reach $50 million.
Others are more skeptical, wondering if RSE’s end goal has always been to relocate the Coyotes. It should be noted that, in five years, new arenas could be standing in Seattle, Quebec City, and Las Vegas.
Whatever you believe, the following questions are worth asking now and monitoring going forward:
Will Coyotes fans rally around the out clause, knowing if they don’t support the team they could lose it? Or, will the out clause serve as an ongoing roadblock to making a financial and emotional investment?
How will the Coyotes address payroll? They’ll need to spend wisely to keep losses to a minimum; however, if they don’t spend enough they’ll risk icing a bad team and missing the playoffs (which would, of course, hurt revenues).
How high will the salary cap/floor reach over the next five years? Some have suggested it could go up considerably, making it even tougher on the NHL’s have-nots.
Yesterday, Bettman sounded optimistic at the potential for success with the Coyotes no longer being run by the league.
“With ownership that’s committed to making the franchise a success, with an opportunity for businesses and fans to know that there’s no uncertainty, we think that this franchise can do very, very well,” said Bettman.
We shall see.
Dec 12, 2013, 10:45 PM EST
But two points eluded them.
Dec 12, 2013, 10:23 PM EST
Dec 12, 2013, 10:06 PM EST
And it’s getting worse in New York.
Dec 12, 2013, 9:17 PM EST
Nice moment in Philly.
Dec 12, 2013, 9:04 PM EST
Montreal defenseman’s night ends early.
Dec 12, 2013, 8:52 PM EST
Jonathan Bernier takes over.
Dec 12, 2013, 8:15 PM EST
Tough time to be a Columbus goalie.
Dec 12, 2013, 7:39 PM EST
Cam Talbot was cheered upon entering the game.
Dec 12, 2013, 7:10 PM EST
No word on the severity of TT’s injury.
Dec 12, 2013, 6:27 PM EST
He’s been out with a lower-body injury.
Dec 12, 2013, 5:17 PM EST
Oilers coach wants to use “speed” and “smarts” tonight.
Dec 12, 2013, 4:40 PM EST
Oh, and Anders Nilsson sent back to AHL.
Dec 12, 2013, 4:23 PM EST
That didn’t take long.
Dec 12, 2013, 3:53 PM EST
Plus, the Rangers have issues.
Dec 12, 2013, 3:31 PM EST
Coyotes hoping “it’s not long, long-term.”
Dec 12, 2013, 3:06 PM EST
Activated off IR, will face the Flames in Calgary tonight.
Dec 12, 2013, 2:57 PM EST
Helped the Flames win their first and only Stanley Cup in 1989.
Dec 12, 2013, 2:50 PM EST
Game goes March 1 (on NBC).
Dec 12, 2013, 2:42 PM EST
News and notes from the blue paint…
Dec 12, 2013, 2:32 PM EST
Will get an MRI tomorrow.
- Lundqvist hooked after three first-period goals as Rangers’ woes continue 16
- Burke wants the Flames to be — yep, you guessed it — more ‘truculent’ 39
- Flames fire GM Jay Feaster 36
- Video: Projected rise in salary cap could have some players ‘licking their lips’ 19
- Discuss: Blackhawks score big on Rivalry Night on NBCSN 37
- Crosby: If I had to guess Thornton’s suspension, I’d say 10 games 82
- Cowen gets two-game suspension for hit on Girgensons 12
- Rangers must consider Callahan’s injury history in contract talks 13
- The Chip ‘n’ Chase: Outrage over hockey violence, Gary Bettman is a happy man, Darryl Sutter is awesome, and more! 33
- Report: Isles coach Capuano not seen as problem 11
- Video: Penguins’ Orpik stretchered off ice; Bruins’ Thornton given match penalty (183)
- Neal suspended five games for kneeing Marchand in the head (156)
- Bruins coach admits Thornton crossed the line, slams Pens for not being ‘truthful’ (138)
- Pens put Orpik on IR (132)
- Orpik suffers from concussion, including memory loss (118)