Jul 3, 2013, 11:20 AM EDT
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.
Aug 27, 2015, 8:21 PM EDT
He’s entering the final season of his five-year, $22 million deal.
Aug 27, 2015, 6:48 PM EDT
Playoff seeding will be determined by points percentage.
Aug 27, 2015, 5:18 PM EDT
It could prove to be a bargain deal.
Aug 27, 2015, 4:25 PM EDT
The Penguins are a win now team coming off of a quick first round exit.
Aug 27, 2015, 2:55 PM EDT
Can they stay healthy?
Aug 27, 2015, 2:06 PM EDT
“I’m fully aware that at some point in time we may have to address that position.”
Aug 27, 2015, 1:15 PM EDT
At which time he’ll be reevaluated.
Aug 27, 2015, 12:17 PM EDT
The two have a bit of a history, as you may recall…
Aug 27, 2015, 12:00 PM EDT
It’s a benchmark he’s never hit before.
Aug 27, 2015, 10:52 AM EDT
The 21-year-old looks like he’ll be counted upon heavily.
Aug 27, 2015, 9:48 AM EDT
For a border incident that occurred in mid-June.
Aug 27, 2015, 9:00 AM EDT
A first round exit has led to a busy summer.
Aug 27, 2015, 8:00 AM EDT
Thursday’s collection of links.
Aug 26, 2015, 9:32 PM EDT
Development coach Patrick Rissmiller is among New Jersey’s latest additions.
Aug 26, 2015, 8:08 PM EDT
His conditioning comes on the ice, not in the weight room.
Aug 26, 2015, 6:40 PM EDT
Two terrible seasons didn’t dissuade fans expecting brighter days ahead.
Aug 26, 2015, 5:11 PM EDT
Philadelphia has a great core, but does it have the depth?
Aug 26, 2015, 4:00 PM EDT
Tanking isn’t likely, yet may it be wise?
Aug 26, 2015, 2:37 PM EDT
It would be wise to stick to Ron Hextall’s plan, but it’s not exactly Philly’s style.
Aug 26, 2015, 1:30 PM EDT
With big raises come big expectations.
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