That's all speculation, too. In fact, all of this is really speculation....except that Meruelo responded to the RFP, and his proposal includes a 200M tax district. That is fact. The rest.......?????
Here's some more 'speculation'. I speculate that.....
1- The pandemic is about to end because the Omicron is so easily transmissible that everyone will be exposed to it. It's also very mild, so very few will be very sick, and collectively that will cause government's to decide that it's just like the cold or the flu, and it's time to 'just live with it.'
2- I speculate that Tempe works. That would end all of this talk.
3- I speculate that, if not, the Coyote goes to Quebec, because there is no way to get him into Houston at this time, due to Fertitta only offering a low ball price, and the BOG not being willing for that, as much as the BOG would like to be there. No alignment changes, because these things move slowly.
4- Within 5 years, Ottawa goes away because of Melnyk, and by that time, things have moved in Houston, and the Senators move there. At this point, Houston and trade places in the alignment, and it's a nice neat picture.
Here is a spreadsheet with accumulated investment of Coyote ownership. The right column is at 7% interest.
| Yearly | Cumul | w/ inter |
Aug 2013, IA purchases team for 170M (never mind the construction of the loans, this was the cost paid to NHL to purchase the team out of league ownership) | | 170 | |
2013-14: IA admits to 35M losses, including a one time 15M buyout | 35 | 205 | 216.9 |
14-15: No buyout, but perhaps larger losses due to cap increase | 22 | 227 | 254.083 |
15-16: Barroway purchases. Original IA lease with Glendale cancelled. This costs another 4M. Plus cap increases | 28 | 255 | 299.8688 |
16-17. Arena Management contract cancelled. Another 3M in losses. Plus cap increases. Minus 16M expansion fee | 17 | 272 | 337.8596 |
17-18. No expansion fee. Cap increases | 33 | 305 | 394.5098 |
18-19: Cap increases. Expansion fee from Seattle | 15 | 320 | 437.1255 |
19-20: COVID. This is a total guess, but we'll give the team credit | 20 | 340 | 487.7243 |
20-21: COVID effects, and we will again give the team credit | 20 | 360 | 541.865 |
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