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.
May 29, 2015, 9:53 AM EDT
Draft picks to hire other team’s fired employees has rapidly become the standard.
May 29, 2015, 9:14 AM EDT
Detroit wants to keep Tony Granato.
May 29, 2015, 8:25 AM EDT
Friday’s collection of links.
May 28, 2015, 11:16 PM EDT
“They need to hear our anthem, that’s a part of losing.”
May 28, 2015, 10:02 PM EDT
Sharp says Blackhawks are ready for “whatever [the Ducks] throw at us.”
May 28, 2015, 8:58 PM EDT
Victor Hedman: “We’re prepared for this.”
May 28, 2015, 7:47 PM EDT
Retirement remains a possibility, and it might be his call.
May 28, 2015, 6:35 PM EDT
Even their first names are similar (Jordan and Jaden). Fun times ahead …
May 28, 2015, 5:30 PM EDT
Sidney Crosby and Evgeni Malkin, specifically.
May 28, 2015, 5:28 PM EDT
“The fact that Mr. Peladeau is a separatist…we know very well whether it’s the owners of the team in Toronto or the owners of the Canadiens, they’re not separatists and they don’t want Quebec to separate.”
May 28, 2015, 4:52 PM EDT
Says that “the expectation is to win right now.”
May 28, 2015, 3:48 PM EDT
Meanwhile, in the West, Corey Crawford has the edge in big-game experience over Frederik Andersen.
May 28, 2015, 3:39 PM EDT
Was set to become a UFA on July 1.
May 28, 2015, 3:26 PM EDT
Bit of a theme developing here…
May 28, 2015, 3:15 PM EDT
Pens to receive third-round pick in 2016 as compensation.
May 28, 2015, 2:21 PM EDT
After scoring 80 points in 56 games for Youngstown.
May 28, 2015, 2:08 PM EDT
Rangers goalie knows he can’t rely on history to defeat the Lightning.
May 28, 2015, 1:04 PM EDT
The former Penguins coach is still under contract to Pittsburgh.
May 28, 2015, 12:27 PM EDT
Former Preds forward, who played for Roy in junior, is currently with KHL club CSKA.
May 28, 2015, 12:22 PM EDT
Has spent the past three seasons coaching the Flyers’ AHL affiliate.
- Duchene slams Russian players for storming off after Canada’s 2015 WHC win 24
- DeBoer predicts ‘big bounce-back’ in San Jose 11
- Sabres name Bylsma head coach 44
- Lundqvist on Game 7: ‘You’re definitely nervous, but it comes down to teamwork’ 16
- Report: Bylsma to Sabres being held up by compensation issue 56
- Stanley Cup Final to begin June 3 7
- Caps’ Backstrom undergoes arthroscopic hip surgery 6
- Report: Sens’ Murray to retire after next season 1
- Of course: ‘Hawks, Ducks’ back-and-forth series is going to Game 7 49
- WATCH LIVE: Ducks at Blackhawks, Western Conference Final Game 6 1
- Kesler on wearing down Chicago: ‘No human can withstand that many hits’ (75)
- From healthy scratch to hero: Vermette scores OT winner for Blackhawks (66)
- Report: Bylsma to Sabres being held up by compensation issue (56)
- On Kreider, and trying ‘to turn the other cheek’ (54)
- Fetisov wants to restrict young Russians from playing in the NHL (53)