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.
Apr 26, 2015, 9:45 AM EDT
Blues and Sens need wins to force Game 7
Apr 26, 2015, 12:07 AM EDT
Another big rally at the Saddledome.
Apr 25, 2015, 11:03 PM EDT
A six-game series that felt like (at least) seven.
Apr 25, 2015, 10:31 PM EDT
Wild stuff at the Saddledome tonight.
Apr 25, 2015, 9:59 PM EDT
Vancouver looking to avoid elimination for the second straight game.
Apr 25, 2015, 9:55 PM EDT
Zero goals in five playoff games.
Apr 25, 2015, 9:18 PM EDT
A healthy tally.
Apr 25, 2015, 8:50 PM EDT
Putting on a clinic.
Apr 25, 2015, 8:41 PM EDT
Corey Crawford’s back in.
Apr 25, 2015, 7:37 PM EDT
The Islanders won 3-1 in Game 6.
Apr 25, 2015, 6:59 PM EDT
No penalty on the play.
Apr 25, 2015, 6:10 PM EDT
He made his postseason debut in Game 4.
Apr 25, 2015, 6:03 PM EDT
Plenty of life on Long Island.
Apr 25, 2015, 5:48 PM EDT
Apr 25, 2015, 5:20 PM EDT
Keep this bounce in mind in the third period.
Apr 25, 2015, 4:58 PM EDT
He’s been ruled out of the series due to a rib injury.
Apr 25, 2015, 4:25 PM EDT
Carlson has his first of the playoffs.
Apr 25, 2015, 4:15 PM EDT
Kudos to the Cambria County War Memorial Arena in Johnstown, Pennsylvania and the Decatur Civic Center in Decatur, Illinois.
Apr 25, 2015, 3:45 PM EDT
He’ll backup for a fourth straight game.
Apr 25, 2015, 2:55 PM EDT
New York, Nashville and Vancouver are all facing elimination today.
- One more time, with feeling: Flames stage yet another comeback, eliminate Vancouver 15
- Keith conquers: Blackhawks come back, eliminate Predators 46
- Red Wings smother Lightning, take 3-2 series lead 20
- Going the distance: Isles edge Caps to force Game 7 34
- WATCH LIVE: Today’s Stanley Cup playoff action 6
- Lucic issues statement on father’s passing 10
- Hall caught off guard by Oilers’ front office shuffle 19
- Wild’s Dubnyk shakes off six-goal night, saves 36 as Blues pushed to brink 34
- WATCH LIVE: Tonight’s Stanley Cup Playoff action 5
- Malkin: ‘I want to say sorry to fans, to my teammates’ 58
- Too little, too late: Rangers stifle Penguins for 2-1 series lead (114)
- It’s Done: Rangers eliminate Penguins in overtime (108)
- Bettman under fire after saying ‘Katy Perry’ chant wasn’t sexist (92)
- Okposo blasts ‘idiot’ Wilson after physical outing versus Isles (82)
- Preds, Forsberg finally solve Darling, push series to Game 6 (76)