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.
Sep 22, 2014, 11:39 AM EDT
“It’s nice having a little more freedom, in that regard, especially for the creativity that’s on our team,” says Beau Bennett.
Sep 22, 2014, 10:45 AM EDT
“I think what we’re going to do as a team will be right up his alley.”
Sep 22, 2014, 10:02 AM EDT
He’ll get tougher assignments with Kimmo Timonen sidelined indefinitely.
Sep 22, 2014, 8:58 AM EDT
Colorado is counting on the duo to be very effective this season.
Sep 22, 2014, 8:00 AM EDT
Monday’s collection of links.
Sep 21, 2014, 11:05 PM EDT
Head coach Todd McLellan thinks he can play, at least.
Sep 21, 2014, 10:10 PM EDT
“But sometimes you have to lose what you have to realize what you had.”
Sep 21, 2014, 9:40 PM EDT
Players nursing bumps and bruises as camps wrap.
Sep 21, 2014, 9:00 PM EDT
“In a perfect world, it would be three.”
Sep 21, 2014, 7:31 PM EDT
“He’s thinking usually two or three plays ahead.”
Sep 21, 2014, 6:09 PM EDT
“God, defense was just so much fun though.”
Sep 21, 2014, 4:49 PM EDT
The team’s still trying to determine if surgery is necessary.
Sep 21, 2014, 3:48 PM EDT
He won’t play in either of Ottawa’s Monday exhibitions games.
Sep 21, 2014, 3:02 PM EDT
Seasoning in the AHL should serve the 20-year-old well.
Sep 21, 2014, 1:31 PM EDT
Agent confirms talking to several KHL teams.
Sep 21, 2014, 11:30 AM EDT
With Giroux out, Craig Berube juggles lines.
Sep 21, 2014, 10:31 AM EDT
Not at Oilers camp for the first time in his career.
Sep 21, 2014, 9:30 AM EDT
Columbus looking at options with Johansen not at camp.
Sep 20, 2014, 11:36 PM EDT
The restricted free agent seems to be at an impasse with Columbus.
Sep 20, 2014, 11:01 PM EDT
Devils GM Lou Lamoriello said he’s “fine,” but he initially said the same of Clowe when the player had a concussion.
- Injuries piling up as preseason schedule begins 11
- Report: Fedorov denies contract offer was made to Johansen 7
- Report: Johansen has gotten no shortage of KHL offers 37
- Update: Drouin out with upper body injury, not expected to miss preseason 1
- Report: NHL officials to participate in preseason without new CBA 1
- Evander Kane: I know I can score 50 goals 16
- ‘C’-less Thornton comes out swing against Wilson’s ‘tomorrow team’ talk 19
- Joe Sakic’s now general manager in name too 6
- Update: Giroux out two weeks with lower-body injury 26
- Update: Crosby on ice with Penguins teammates Friday, leaves early 5
- Jackets reveal Johansen offers — including an eight year, $46M deal (55)
- Will the NHL publicize divers? (48)
- No icing on the PK? The USHL will see how that looks (43)
- Just how damaging are heated negotiations between Jackets, RFA Johansen? (38)