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.
Jul 30, 2014, 6:28 PM EDT
“We haven’t approached it in that respect.”
Jul 30, 2014, 5:30 PM EDT
This time, it features just one plaintiff — former Bruin Jon Rohloff.
Jul 30, 2014, 4:34 PM EDT
Alternate captain notched a career-high in goals last year.
Jul 30, 2014, 3:30 PM EDT
“Usually this isn’t the time to fight for the big contract.”
Jul 30, 2014, 2:35 PM EDT
Jim Hiller is hoping to follow in the footsteps of Todd McLellan, Paul MacLean, and Bill Peters.
Jul 30, 2014, 1:28 PM EDT
Finnish club is moving to the KHL next season.
Jul 30, 2014, 12:17 PM EDT
Arbitration hearing is scheduled for Thursday.
Jul 30, 2014, 11:28 AM EDT
After not giving him a qualifying offer.
Jul 30, 2014, 11:12 AM EDT
That’s Lacroix, when he was an assistant for Tampa Bay.
Jul 30, 2014, 10:44 AM EDT
Jim Hiller and Andrew Brewer join Tony Granato, who’s also new.
Jul 30, 2014, 10:30 AM EDT
Jul 30, 2014, 10:10 AM EDT
Will this all get settled before Friday’s hearing?
Jul 30, 2014, 9:00 AM EDT
Tell us how you really feel, Brad.
Jul 30, 2014, 8:00 AM EDT
Kings captain meets Rangers fan. Hi-jinx ensue.
Jul 29, 2014, 10:02 PM EDT
From 64 (mercurial) to 10 (gritty!)
Jul 29, 2014, 9:02 PM EDT
Now battling Bon Jovi and Donald Trump!
Jul 29, 2014, 8:00 PM EDT
“This has been a difficult decision for Kevin.”
Jul 29, 2014, 7:01 PM EDT
After a year away from the game.
Jul 29, 2014, 6:04 PM EDT
Pretty nice pay bump for the 24-year-old rearguard.
Jul 29, 2014, 5:25 PM EDT
6-foot-8, 250-pounder was a first-round pick in 2005.
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