CXLVIII - Coyotes owner Alex Meruelo had 'productive' meeting with Phoenix mayor

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Atlanta 2.0’s problem was the AOL-Time Warner merger going haywire the the knock on effect it had on ownership of the team.
Not to mention the shady way they screwed over David McDavid and sold the team to the Atlanta $pirit Septocluster™, plus the way the NHL BoG (and the NBA's BoG, for that matter) totally botched vetting them (meaning the Septocluster™).

Anyway, to Coyotes fans, I'm hurting for you tonight. I've been there twice. It's not a good place to be even once. I can only hope that whether it's Muerelo or (hopefully) another owner, you'll be back, and hopefully sooner than later.
 
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Not letting the team back door into Hamilton was obviously the correct thing to do. Spending year after year attempting to keep the team in a market where nobody wanted to own them was a bit ridiculous.
After telling the bankruptcy court we have a process, we require owners to sign a 7-year commitment to the current market when there's a viable location to play in, had Bettman immediately let the next buyer move the Coyotes out Jim Balsillie and Richard Rodier would have had a lawsuit filed before the press conference on the announced move ended, and they would have had the league's ass in the proverbial sling. And, it probably would have ripped down all the protections Bettman had just secured.

But, Bettman also couldn't say yeah, if someone wants to buy a team and then move it we're good with that because that was one of Balsillie's central arguments: that the league could, and had, allowed that in the past so he should be able to do it too. I've said it before: Bettman is a lawyer, he's a creature of process. You might hate the process, I may hate the process, we may all hate the process, but he's going to follow it because he understands what can happen if it's not followed. That's exactly what he did here.

I sort of wonder if Salt Lake City had been out there 10 years ago if this wouldn’t have already happened.
Quebec City was a possibility in 2015, but by that point the Coyotes had an owner interested in operating the team in Glendale. I'm trying to recall if someone had gone all the way down the purchase path except for the lease part, couldn't close on the lease [ignoring a lawsuit by the Goldwater Institute] and it all fell apart from there, but that's more time digging that part out than I care to spend at almost 11pm. If that indeed did happen, then maybe SLC could have been a possibility - but now we're talking lots of hindsight hypotheticals, and I hate doing that.
 
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If Meruelo is actually tagged as the owner who will resurrect the Yotes in Arizona, then nobody has learned much from this long saga. A credible, trustworthy owner has been one of the main missing ingredients all along. The NHL needs to wipe the slate clean. My guess is that they have very little confidence in Meruelo at this point, and they'll find a way to kick him out of the process and start afresh with a new ownership group.
Welcome back Whileee
 
Craig Morgan insinuating on the PHNX post game that the things that will come out about Meruelo once we’re past this will make it clear that nobody will want to work for him. He’s termed it ‘crazy stuff.’ He does not believe the team will return within 5 years.
 
Here is one thing: the Coyotes organization never took the Shane Doan retired number banner out of Glendale. A former reporter is in possession of it.



Apparently they were told they thought ASU didn’t want it hanging there but that was never said
 
At least they’re not pushing Season Ticket renewals still (*cough A$G *cough*)

I’m not ready yet to post a wall of text on my thoughts/feelings just yet

Someone I know had already renewed for next year and a payment was due to come out on Monday. She’s going to put a stop request on the payment with her bank.
 


Smith gives up the money first, NHL pays the debt they have and pockets the relocation fee, then gives the remainder to Meruelo.

Meruelo signs the team over to the league to "Inactivate" it or whatever, then the league hands the franchise to Smith.

This still maintains the $1B price tag for valuation purposes.

Like I said, while I'm absolutely no fan of Alex, the league was in the driver's seat on this one. The nuclear option was likely calling in the debt they have on the Coyotes but were able to get him to come down with this right of refusal stuff and keeping the Roadrunners.

Gonna be awkward for Coyotes fans probably in the next month lol.
 
Very long and I don’t give a shit if you all read it or not

16 1/2 years. This is how long I’ve had invested on this file. Back before I even joined up and was just a lurker

I would like to thank the League for being the ones holding the “Biggest Who’s to Blame” bag.

Ironic that I type that last part (and being the Metal Head that I am), I keep hearing the riffs and the lyrics to “Who’s to Blame” from Phoenix’s own Sacred Reich. Anyway…

I also give a huge thank you to Alex Meruelo and Xavier Gutierrez. Thank you for setting the bar to its lowest point of being the worst ownership group to ever lay their hands on this franchise. And that’s saying something considering everything else before this. If you know, you know.

Most of us know the previous ownership groups were pretenders, even outright f***ing idiots. But the second this group took over, and their track record and business practices, you just pinched your nose and hoped (I’m looking at you Yotes fans) those practices would not creep in to the day-to-day operations of this club

I get standard business speak. I’ve heard it, I’ve seen it, and even (God forbid) had to say some of the things that you’ve heard come out of AM and/or XG’s pie holes. Not living up to expectations, and openly-spouted promises, that happens in business all the time

But to ghost personnel, staff, players, and the devoted fan base that you fed heaping spoonfuls of bullshit to… to convince them to blindly and diligently believe in your grand scheme(s)… I mean for f***s sake you f***ing cowards, you sent your GM to be the Grim Reaper today

Cowards

That’s appalling, but it’s not surprising either, isn’t it?

If that doesn’t put the hook in you to realize how shitty this group is, and why everywhere else in the business world you hear nothing but cringeworthy things about them, I don’t know what else it would take.

I really feel bad for a majority of the Coyotes fans . Not all of them as, I’m not gonna lie (now that it’s over), that some of their pom-pom waving and constant bashing of this forum drove me nuts.

But the ones I have had direct contact with, either personally, responding to posts, or through messaging via this forum, l’m sorry that it’s officially over and you all deserved much more from the League than the effort level they gave you

Sure, you can come at me with everything they did to keep the team there and that this team should’ve been gone a long time ago. That’s not lost on me, but that’s also not the reason why.

I have long felt that the League went through all these lengths and efforts for optics. To impress upon other municipalities and agencies that some club(s) is tethered to for some measure of sustainability (and survivability) that they “won’t run out on you”. So when the next hotspot pops up that they can point back to this file and convince the naïve idiots that sit behind a council desk, the great efforts they put forth to keep this team here.

I want to say that CF is lurking this thread right now, possibly waiting for the right moment to chime in, but it does have an air of personal sadness that Fugu (RIP), Killion, BarneyG, OthmarAmmann and others are not here one last time to close this file

Ending it with this because I’m really tired and I need to go to bed. I have no doubt that the NHL will put another franchise back in this market and fairly quickly.

But it will not be through the means of this “get out of jail free” card five-year plan bullshit with Meruelo. I absolutely do not see him lasting through this five-year window.

This arrangement does nothing more than keep both parties out of court. The league effectively forced the sale and are doing enough to keep it from having lawyers attacking each other over it.

/rant
 
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And as I said, you had it in spades prior to 2.0 relocating as well. So did Phoenix/Glendale, and look how well that helped them. I could also add San Jose, Dallas, Columbus, and a few others to that list as well. Market size, corporate money, media, all of that do not mean anything when dealing with what is a niche, foreign, sport that will be nowhere near even the top 5 teams in terms of importance in the city.
Look up how another niche, foreign sport has done here… MLS. Multiple attendance records. The NHL, with proper ownership, will do great here.
 
If Meruelo is actually tagged as the owner who will resurrect the Yotes in Arizona, then nobody has learned much from this long saga. A credible, trustworthy owner has been one of the main missing ingredients all along. The NHL needs to wipe the slate clean. My guess is that they have very little confidence in Meruelo at this point, and they'll find a way to kick him out of the process and start afresh with a new ownership group.
NHL will wait as many years as it takes for Meruelo to go away. They won't want anything to do with him regardless of how much they want to be in this market.

EDIT: that above post gives the impression that Meruelo is in the driver's seat here. The way its worded is not in the NHL's favor. If they let him back in they are crazy.
 
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I wonder if Meruelo is allowed to sell the inactive franchise, pocket a little more money, and let someone else pay the $1B to the league for reactivation.
It's probably the only way a resurrected Coyotes can be successful. Bring in someone who isn't a snake oil salesman/charlatan.
 
[MOD] The Canadian dollar is tanking Quebec fans are shocked why they aren't getting a team.
Quebec stepped out on an expansion team in 2016 before either of these people had much influence on things. It's just a market too small to create a return big enough to match what Vegas, Seattle, and SLC were willing to initially invest.
 
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Very long and I don’t give a shit if you all read it or not

16 1/2 years. This is how long I’ve had invested on this file. Back before I even joined up and was just a lurker

I would like to thank the League for being the ones holding the “Biggest Who’s to Blame” bag.

Ironic that I type that last part (and being the Metal Head that I am), I keep hearing the riffs and the lyrics to “Who’s to Blame” from Phoenix’s own Sacred Reich. Anyway…

I also give a huge thank you to Alex Meruelo and Xavier Gutierrez. Thank you for setting the bar to its lowest point of being the worst ownership group to ever lay their hands on this franchise. And that’s saying something considering everything else before this. If you know, you know.

Most of us know the previous ownership groups were pretenders, even outright f***ing idiots. But the second this group took over, and their track record and business practices, you just pinched your nose and hoped (I’m looking at you Yotes fans) those practices would not creep in to the day-to-day operations of this club

I get standard business speak. I’ve heard it, I’ve seen it, and even (God forbid) had to say some of the things that you’ve heard come out of AM and/or XG’s pie holes. Not living up to expectations, and openly-spouted promises, that happens in business all the time

But to ghost personnel, staff, players, and the devoted fan base that you fed heaping spoonfuls of bullshit to… to convince them to blindly and diligently believe in your grand scheme(s)… I mean for f***s sake you f***ing cowards, you sent your GM to be the Grim Reaper today

Cowards

That’s appalling, but it’s not surprising either, isn’t it?

If that doesn’t put the hook in you to realize how shitty this group is, and why everywhere else in the business world you hear nothing but cringeworthy things about them, I don’t know what else it would take.

I really feel bad for a majority of the Coyotes fans . Not all of them as, I’m not gonna lie (now that it’s over), that some of their pom-pom waving and constant bashing of this forum drove me nuts.

But the ones I have had direct contact with, either personally, responding to posts, or through messaging via this forum, l’m sorry that it’s officially over and you all deserved much more from the League than the effort level they gave you

Sure, you can come at me with everything they did to keep the team there and that this team should’ve been gone a long time ago. That’s not lost on me, but that’s also not the reason why.

I have long felt that the League went through all these lengths and efforts for optics. To impress upon other municipalities and agencies that some club(s) is tethered to for some measure of sustainability (and survivability) that they “won’t run out on you”. So when the next hotspot pops up that they can point back to this file and convince the naïve idiots that sit behind a council desk, the great efforts they put forth to keep this team here.

I want to say that CF is lurking this thread right now, possibly waiting for the right moment to chime in, but it does have an air of personal sadness that Fugu (RIP), Killian, BarneyG, OthmarAmmann and others are not here one last time to close this file

Ending it with this because I’m really tired and I need to go to bed. I have no doubt that the NHL will put another franchise back in this market and fairly quickly.

But it will not be through the means of this “get out of jail free” card five-year plan bullshit with Meruelo. I absolutely do not see him lasting through this five-year window.

This arrangement does nothing more than keep both parties out of court. The league effectively forced the sale and are doing enough to keep it from having lawyers attacking each other over it.

/rant

@Major4Boarding Indeed it has been a long road.

I believe Bettman greenlighted the relocation to Salt Lake 11 months ago when the Coyotes lost the Tempe vote but elected to keep that private to prevent a lame-duck season at ASU. Bettman went all in on Glendale as he failed to understand the realities of Phoenix traffic on I-10.

Sadly I think we are headed for a 36-team NHL by 2030.
 
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