CXLIX - FINAL thoughts on the Arizona Coyotes

[Shwan]

One important detail to keep in mind with Colangelo: he is often referred to as the “owner” of the Suns, but in reality he was a minority owner with the general managing partner title. Same situation with the MLB Diamondbacks, he organized a consortium of other investors and was initially the face of the franchise, but owned a minority share of the team.

Colangelo didn’t have any independent wealth. Any prospective purchase of the Coyotes/Jets would have required Colangelo to convince a group of investors to front the money. Presumably targeting the primary owners of the Suns. I haven’t researched who the primary background Suns owners were during Colangelo’s “ownership” term.

Proto-LeBlanc

 

[StreetHawk]

Dallas yes, DFW Metroplex is massive. A second arena would've done fine there.

Being the second arena would then come down to who pays for it. IIRC, city contributed to the AAC, so they likely would not be interested in supporting a second one. So, the Stars would likely have had to finance it on their own or have it built in a different county to where the AAC is located in order to get some government funding. But, have to factor in location relative to the fanbase otherwise it's another Glendale situation.