CXLV - Tempe Entertainment District citizen referendum vote upcoming May 16th

[jkrdevil]

Of the two, QC the most likely.

Craig Morgan mentioned a short time ago Tillman Fertitta isn’t showing any interest in the NHL anymore.

QC isn’t getting a team. That might set off an internal civil war in the league over realignment as an eastern team would have to move west (or at least to the central if they drop conferences).

If not Houston the fallback might be Kansas City. An arena is there and they would just need to strike a lease with the city. Team wouldn’t even have to be sold.

 

[GKJ]

People must be emotionally attached to that toxic landfill

No one wants property because of cleanup costs so the only explanation is people of Tempe must have a landfill fetish

Or it’s just not what they want to happen with it once it’s cleaned up. They shouldn’t need a reason for it to be cleaned up, they should just do it.

 

[hockeyguy0022]

Of the two, QC the most likely.

Craig Morgan mentioned a short time ago Tillman Fertitta isn’t showing any interest in the NHL anymore.

Obligatory post for Saskatoon...

The same or better divisional alignment/rivalry/distance.

Sasktel Center current 15,5XX with all sections in.
No owner headaches in the way, no scheduling conflicts.

New arena downtown has 400MM public commitment and space/land has been purchased. Same group that designed Edmontons arena/district are doing the job. Could be done in 2 years from today.

Arguably the same if not better corporate support more than KC and SLC. (won't beat Houston though)

Always a pride project old money owner who comes around. (John Graham and others)

Downside.

Gary B would never do it.

 

[TheLegend]

lmao

Glendale kicked them out

Because Glendale wanted a 15-20 year lease and the Coyotes weren’t going to do that.

 

[New User Name]

Reading this account, didn’t realize how fiercely they attacked ‘the Coyotes.’

I can't believe some of the comments I'm reading. Lot of hate on twitter.

 

[TheLegend]

Reading this account, didn’t realize how fiercely they attacked ‘the Coyotes.’

It was nasty.

 

[Llama19]

Coyotes concede defeat after Tempe voters reject hockey arena deal

Source: www.azcentral.com/story/news/local/tempe/2023/05/16/tempe-election-results-arizona-coyotes-arena-deal/70219695007/

 

[StreetHawk]

Of the two, QC the most likely.

Craig Morgan mentioned a short time ago Tillman Fertitta isn’t showing any interest in the NHL anymore.

Coyotes can’t survive as a pure tenant in the Toyota Center. Nhl teams are either equal partners with the nba club or the owner of the nhl team controls the arena management agreement.

 

[TheLegend]

I can't believe some of the comments I'm reading. Lot of hate on twitter.

Their Facebook page was worse.

 

[TheLegend]

Coyotes can’t survive as a pure tenant in the Toyota Center. Nhl teams are either equal partners with the nba club or the owner of the nhl team controls the arena management agreement.

Same would be going back to Glendale or sharing with the Suns downtown.

 

[GKJ]

I can't believe some of the comments I'm reading. Lot of hate on twitter.

There’s a lot mentioning Merulo by name, but there’s a good bit discrediting the Coyotes just for being losers. They might just be poison in Tempe now as opposed to ambivalence.

It’s a political game, and it’s whatever it takes.

 

[Blackhawkswincup]

Of the two, QC the most likely.

Craig Morgan mentioned a short time ago Tillman Fertitta isn’t showing any interest in the NHL anymore.

I am sure a relocated team may redraw his interest

He was pushed off by the potential cost of expansion team. Relocated team is far cheaper option and NHL/Guiteriez may have to cut him good deal given situation.

NHL and Fertitta is very likely going to circle back now after events tonight to see how things stand

 

[bleedblue94]

I imagine this is not the publicity the league wants in the middle of the playoffs.

 

[jkrdevil]

I am sure a relocated team may redraw his interest

He was pushed off by the potential cost of expansion team. Relocated team is far cheaper option and NHL/Guiteriez may have to cut him good deal given situation.

NHL and Fertitta is very likely going to circle back now after events tonight to see how things stand

Given how fast this has to move I’m sure talks with other cities groups have taken place and are far along. I doubt the league wants to spend a lame duck year at Arizona State.

 

[StreetHawk]

I am sure a relocated team may redraw his interest

He was pushed off by the potential cost of expansion team. Relocated team is far cheaper option and NHL/Guiteriez may have to cut him good deal given situation.

NHL and Fertitta is very likely going to circle back now after events tonight to see how things stand

Fertitia has the trump card of owning the arena management agreement. So if Houston is a market the nhl wants he’s the person who would have to own the team and he knows that.

What is the appetite for another county close to Houston that wants to do what is being proposed by that county near ATL and build a new arena as part of a new entertainment district?

I mean if Nash and Pitt sold at a $900 mill valuation that should be the low end of what a team in Houston is worth. But doubt Fertitia wants to pay that if he scoffed at whatLV and Sea paid.

 

[TheLegend]

I am sure a relocated team may redraw his interest

He was pushed off by the potential cost of expansion team. Relocated team is far cheaper option and NHL/Guiteriez may have to cut him good deal given situation.

NHL and Fertitta is very likely going to circle back now after events tonight to see how things stand

Always possible. But the league knows it’s worth too much as an expansion to let it go cheap.

 

[jetsv2]

I imagine this is not the publicity the league wants in the middle of the playoffs.

View attachment 709482

It's exactly what happened in 2011 with the Thrashers. That relocation was announced on May 31 2011, the day before game one of the Cup Final.

 

[jkrdevil]

Fertitia has the trump card of owning the arena management agreement. So if Houston is a market the nhl wants he’s the person who would have to own the team and he knows that.

What is the appetite for another county close to Houston that wants to do what is being proposed by that county near ATL and build a new arena as part of a new entertainment district?

I mean if Nash and Pitt sold at a $900 mill valuation that should be the low end of what a team in Houston is worth. But doubt Fertitia wants to pay that if he scoffed at whatLV and Sea paid.

Given the timeline they almost have to go somewhere where there is already an arena in place vs plans. I doubt the league the league goes somewhere where they have to play somewhere temporarily only for other plans to fall through.

 

[Llama19]

 

[mouser]

So am I wrong in what I read previously that the arena was going to be funded privately and the land the new arena was supposed to be on is so contaminated that it was going to cost $200m to clean? And the contamination is posing risk to water supplies?

Or was that all fake news?

It’s mostly real:

- Arena was to be privately funded
- Tempe estimated $100m to cleanup the land, would end up costing $250m total for taxpayers when Tempe used bonds for the cleanup.
- The Tempe owned dump isn’t a risk to drinking water supplies, but rising water tables on the site due to the nearby Tempe Town Lake could cause contamination from the dump to spread outside the land parcel, increasing Tempe’s future legal risks and cleanup costs.

Will be very interesting to see what Tempe ultimately does with this land. The estimated cleanup costs are roughly double the value of the land after cleanup. I don’t believe Tempe could give the land away for “free”. So many legal risks for a developer to assume ownership and cleanup obligations.

Oddly, if Tempe did try to give the land away for free or pay a developer to take it we’d end up with a voter referendum that the city was “giving away land”, not understanding the negative value of that land.

 

[madhi19]

Always possible. But the league knows it’s worth too much as an expansion to let it go cheap.

It's a trade off if the team move they have to burn a prospective market somewhere. Otherwise the league could buy back the team "Again" and maybe auction off the players in a dispersal draft. Turn around and sell another expansion team somewhere to pay for it all and make a tidy profit.

 

[Fatass]

Given the timeline they almost have to go somewhere where there is already an arena in place vs plans. I doubt the league the league goes somewhere where they have to play somewhere temporarily only for other plans to fall through.

Is this club going to end up in QC by default?

 

[TheLegend]

It's a trade off if the team move they have to burn a prospective market somewhere. Otherwise the league could buy back the team "Again" and maybe auction off the players in a dispersal draft. Turn around and sell another expansion team somewhere to pay for it all and make a tidy profit.

Always a possibility.

 

[Blitzkrug]

Could always try to circle back to the Suns arena now that Sarver is gone if they're really desperate. Not sure the league bothers though since the long term hope for an actual hockey arena seems dead.

 

[StreetHawk]

Given the timeline they almost have to go somewhere where there is already an arena in place vs plans. I doubt the league the league goes somewhere where they have to play somewhere temporarily only for other plans to fall through.

We saw Sarver not want the coyotes in the suns building. So I doubt any other nba owner is going to want to temporarily house the coyotes while another arena is built to compete with them.

So the coyotes realistically need to be sold to the nba owner of any of these markets in the us being mentioned.

See what the coyotes plans are.