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New Coyotes owners have ‘no plans’ to relocate or lose $50 million

Aug 17, 2013, 2:14 PM EDT

George Gosbee, Gary Bettman, Anthony LeBlanc

Now that the Phoenix Coyotes have new owners, they’re looking forward to helping establish the team’s hold in the desert. Of course, that won’t stop some from looking at the five-year out-clause IceArizona has.

As Coyotes Chairman and Governor George Gosbee tells The Canadian Press, they have no plans or intent to move it or lose it.

“It’s frustrating for me because for this exit clause to kick in, we have to lose $50 million and that’s not something I want to do,” Gosbee said. “We came into this to build a successful organization in Phoenix and that’s our plan. We have no plans of relocating anywhere else and we have no plans to lose $50 million, I can tell you that.”

Well that’s a relief!

Snark aside, it’s good to know Gosbee and Anthony LeBlanc along with rest of the IceArizona group know what they’re getting into. The job they’ve got to do to further inspire fans to come out to Glendale won’t be easy. Or maybe it will be if fans were merely staying away because they didn’t want their hearts ripped out if the team moved.

The best thing they can do is make sure they ice an entertaining and competitive team.

Related: Don Maloney happy to lead Coyotes into the future

  1. thailer35 - Aug 17, 2013 at 2:27 PM

    #HereToStay

  2. DonkeyStick - Aug 17, 2013 at 3:50 PM

    And after all this talk about “Coyotes have a great fan base” fast forward to May 2014…..avg attendance 14,336 with over 1,000 tickets given away to every game to the military members.

  3. vstar1us - Aug 17, 2013 at 4:56 PM

    Really, I had no plans to be in Afghanistan this time of year but it happened!

    I think in one year you will see the Yotes talking about potential move spots.

  4. jamminjoe23 - Aug 17, 2013 at 11:16 PM

    I am always curious…what are the benefits of constantly tearing down the Coyotes and the fans and Glendale and Arizona? Honestly – the fans here are loyal and dedicated to the team, they put a great product on the ice – in spite of no ownership for years. I am just confused – please share with me.

    • nothanksimdriving123 - Aug 17, 2013 at 11:35 PM

      Jammin, the detractors are not Coyotes fans. Many hockey fans, especially Canadians, recall how the franchise was born in a hockey-mad city in a hockey-mad nation, Winnipeg, Canada. It only left when international commerce had resulted in smaller-market Canadian teams having great difficulty affording to keep their teams, competitive or otherwise. Fan support in Winnipeg was not the issue and fans were grief-stricken by the move to a place where hockey is obviously not as popular. In Arizona, hockey is for most folks one entertainment choice among many, while in Manitoba it is more central to the culture. Making it worse is that the team has had limited ice or fiscal success. So a lot of folks want to see the experiment fail, in part to justify their initial outrage at the move.

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