CXL - UPDATE 12/9 - Coyotes settle bills after unpaid taxes come to light

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93LEAFS

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Nov 7, 2009
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The NHL hasn’t been owning the team this whole time though. They took ownership after the bailsille thing then unloaded it. Has any owner since the NHL divested the team came to the league asking to relocate and they said no? I haven’t heard of any such instance. If an ownership group is willing to bleed money on owning the team not sure how that’s Bettman not giving up.
They indirectly do it though by basically telling prospective owners previously that they wouldn't give the BOG vote to move the franchise. Likely to collect the massive expansion fees on Vegas and Seattle.
 

cheswick

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Mar 17, 2010
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They indirectly do it though by basically telling prospective owners previously that they wouldn't give the BOG vote to move the franchise. Likely to collect the massive expansion fees on Vegas and Seattle.

True but I don’t think that’s unique to this market. They want to find owners who are willing to keep the team where it is. And so far they have been able to do that in Arizona. If there was a point where ownership was like we’re done here, and no new owner stepped up I don’t think the NHL is stepping in to keep the team there. That was uniquely due to the chaos around Bailsille.

In atlanta the ownership owned the only viable arena and said we don’t want this team anymore.
 

aqib

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Feb 13, 2012
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I have to disagree here. Nashville was probably going to grow anyway, as did Austin (and some would argue Austin is just as prominent.) I think Dayton is a nice city and besides Cincinnati is an hour away. I think the reality is there is about 5-7 cities in the US that consistently attract tourists, and that I don't think the away fans are enough of a bump to justify the money. Look, Cleveland as you know had close to 1 million people at the turn of the last century and now has less than half that in the city proper. I don't sports teams would keep a person or business from necessarily staying or leaving.

Well people FROM Nashville disagree. I tend to defer to people who are actually from a city.

Dayton is a suburb in search of a real city. Look at how many companies have left. Austin has U of T which is almost on par with having a pro team and watch them try to get a sports team over the next few years. Louisville who you mentioned built an NBA ready arena and has been trying to get a pro team. For years anti-sports people cited Vegas as an example of a city that didn't need sports and then they went you and threw $750 million at the Raiders and are making a push for the As. So do you think all these cities are stupid?
 

93LEAFS

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True but I don’t think that’s unique to this market. They want to find owners who are willing to keep the team where it is. And so far they have been able to do that in Arizona. If there was a point where ownership was like we’re done here, and no new owner stepped up I don’t think the NHL is stepping in to keep the team there. That was uniquely due to the chaos around Bailsille.

In atlanta the ownership owned the only viable arena and said we don’t want this team anymore.
The Basille thing was a whole different ball game. He tried to do an end-around league bylaws to get a team that would manage to encroach on two separate teams' territorial rights. That was obviously more about protecting regional territory rights for every NHL team than anything to do with Arizona.

On the other side though, they seemed to have picked some pretty sketchy owners with questionable finances (not uncommon in the NHL's history) overlooking things to avoid getting guys with stable finances who would likely move them like Foley and the Seattle group. Now, how much of that is wanting to keep them in Arizona, and how much was them wanting to collect on the expansion fees is up for debate.
 
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StreetHawk

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Sep 30, 2017
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Sure, it is always the accountant‘s fault that the SB and now taxes were not paid.

please….

doesn’t say much about the quality of the staff when this happens if you buy that excuse.

we are always aware of the important days of the month, Quarter, Year of when things need to get paid.
 
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Melrose Munch

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Well people FROM Nashville disagree. I tend to defer to people who are actually from a city.

Dayton is a suburb in search of a real city. Look at how many companies have left. Austin has U of T which is almost on par with having a pro team and watch them try to get a sports team over the next few years. Louisville who you mentioned built an NBA ready arena and has been trying to get a pro team. For years anti-sports people cited Vegas as an example of a city that didn't need sports and then they went you and threw $750 million at the Raiders and are making a push for the As. So do you think all these cities are stupid?
Again, feelings. It's not about deferral. It's about facts.

Dayton got hit hard yes, and I don't think an NBA team would make things better. Louisville has been trying to get a team, but that's the point: they built a stadium and no one came...just like Quebec. Not a total waste since the city probably gets the money from the events but that wasn't the goal. Vegas did make a bad decision with the Raiders and that will be shown again and again in years to come. Did losing the 49ers hurt San Francisco?

It's just a bad deal overall. Social services needs this money.
 
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Stephen

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Balsille promptly ran Blackberry (Then RIM) into the ground right after that debacle and would have likely brought his own financial issues to the league shortly after, that that was a dodged bullet, even if the situation in Arizona is a dumpster fire.

Basically it was a matter of which dumpster fire do you want?

Well, there are a ton of butterfly effect factors to consider. But if Balsille had moved the team to another location (in the Golden Horseshoe presumably) with a bigger hockey market, I would assume someone else would have picked up the franchise after the demise of RIM…

I just question the whole idea that Balsille didn’t kiss Bettman’s ring in the right sequence as a valid business case - which snowballed into a $140 million net loss or whatever over a decade.
 

93LEAFS

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Nov 7, 2009
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Well people FROM Nashville disagree. I tend to defer to people who are actually from a city.

Dayton is a suburb in search of a real city. Look at how many companies have left. Austin has U of T which is almost on par with having a pro team and watch them try to get a sports team over the next few years. Louisville who you mentioned built an NBA ready arena and has been trying to get a pro team. For years anti-sports people cited Vegas as an example of a city that didn't need sports and then they went you and threw $750 million at the Raiders and are making a push for the As. So do you think all these cities are stupid?
Dismissing people who think government funding of sports stadiums as anti-sports is intellectually dishonest. I think it's stupid. I've wasted a ton of free time today on a hockey site and have thousands of posts here. Does that make me anti-sport?
 
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GindyDraws

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Mar 13, 2014
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Dismissing people who think government funding of sports stadiums is stupid is intellectually dishonest. I think it's stupid. I've wasted a ton of free time today on a hockey site and have thousands of posts here. Does that make me anti-sport?

No, it just means you have a lot of free time and don't know what to do with it. /jk
 

StreetHawk

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Sep 30, 2017
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This is absolute BS - You can't write off a market when you basically do everything to push away the fans early on.
AZ would have never gotten a team via expansion if they applied when Nash and co did in the mid to late 90’s. All 4 incoming teams had new arenas.

that Suns arena was never a long term play.

nhl knew that but the owners of the coyotes have never been able to put up the money to pay for one in the ideal location. They took the free arena in Glendale.
 
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Melrose Munch

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This is absolute BS - You can't write off a market when you basically do everything to push away the fans early on.
Coyotes were fine from 1996-2002.

Moving to the suburbs was the problem.
Which is why this idea about The Woodlands is so bad and should be put to bed.
 

Legion34

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Jan 24, 2006
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How can you possibly have human error for 14 months?

how can they possibly expect to get an arena built when they haven’t paid taxes?
 

MNNumbers

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Coyotes were fine from 1996-2002.

Moving to the suburbs was the problem.
Which is why this idea about The Woodlands is so bad and should be put to bed.

The Coyotes were so fine from 1996-2002, that the owner was literally begging places to build him a new arena. It's not as simple as saying "The shouldn't have moved to the burbs"

The history is well known.

1- Dropping them into Phoenix with no market prep was a bad idea. Working something out in Minneapolis or Nashville would have been much better.

2- Every change of ownership hasn't helped.

3- When Ellman started building Westgate, there was a chance for it to work. Then the recession hit, and that killed it.
 
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Boris Zubov

No relation to Sergei, Joe
May 6, 2016
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If anyone at the city is buying “human error” well boy I have got a bridge to sell you…

Seems to me that the team has major liquidity problems preventing them from paying this (among other things historically, like player bonuses).

The liquidity problem is simply an owner who refuses to part with his cash & pay his bills. This seems to be his M.O. in all his business dealings.
 

edog37

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Jan 21, 2007
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Bettman has moved heaven and earth to keep the team where it is, knowing that if/when they move, it'll be the league waving the white flag on one of his ideas. You are not wrong about Balsille, but Bettman would rather have them hemorrhage money than move them.

Could we please dispense with the false narrative that Gary Bettman is the ultimate arbiter of where NHL franchises are located. That just isn't true. It's his bosses (the owners collectively known as the Board of Governors) who decide where teams play & who gets in. Bettman simply is the guy who makes that vision a reality
 

JimAnchower

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Dec 8, 2012
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How can you possibly have human error for 14 months?

how can they possibly expect to get an arena built when they haven’t paid taxes?

That message was for an audience of one. Now the league can publicly use the teams message, even if no one will believe it. Of course, they don't need to talk about the times in the past that rent has been missed or vendors not paid on time. Privately, the message will be very different.
 
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Major4Boarding

Unfamiliar Moderator
Jan 30, 2009
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The liquidity problem is simply an owner who refuses to part with his cash & pay his bills. This seems to be his M.O. in all his business dealings.

Yeah, I wanted to bring this up as well. It isn't just the City of Glendale. There's been a (verified) pattern of these type of "practices" in other ventures outside Arizona.
 
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AZDesertKnight

Deactivated Coyotes Fan
Jan 13, 2021
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The Coyotes were so fine from 1996-2002, that the owner was literally begging places to build him a new arena. It's not as simple as saying "The shouldn't have moved to the burbs"

The history is well known.

1- Dropping them into Phoenix with no market prep was a bad idea. Working something out in Minneapolis or Nashville would have been much better.

2- Every change of ownership hasn't helped.

3- When Ellman started building Westgate, there was a chance for it to work. Then the recession hit, and that killed it.
Westgate was never going to work. Burke sold out of his shares when Los Arcos didn't happen because he knew it wouldn't work out West.
 
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