Phoenix LXXV: It's Like Deja Vu All Over Again

[Llama19]

It's a jazz band. They want to buy new tubas.

Paul Giblin ‏@PaulGiblinAriz

@sundevilfan1224 The NHL brass is still meeting with potential ownership groups.

Source: https://twitter.com/PaulGiblinAriz

Running silent, running deep...

Hoo's there!

But, our The Bad Cactus Brass Band already has a tuba!

May be the band will be willing to be the NHL's house band.

Hoo's there!

 

[Wheathead]

The NHL is probably turning over all the stones in the case they find someone dumb enough to invest their money in Glendale as a hockey market.

 

[Llama19]

Ya, and man thats brutal. Right underneath Giblin goes on to tweet with "schedule your heart attacks, house fires & car wrecks for somewhere other than Glendale next year" as the Fire Department & EMT's are $850,000 short on their budget requirements. Either close a station or revolve daily station closings like power brown outs when the grids are low on reserves. I sure as Hell hope someone points things like that out to the NHL should they leave town for good. Sure, the foolish past Council & Mayor voted to approve those ridiculously massive expenditures to the league but c'mon here, a Grifts a Grift a Grift.

Yeah, after today's budget presentation, more property tax increases coming...

Source: http://www.glendaleaz.com/clerk/agendasandminutes/documents/01A-FiscalYear2013-14ThirdBudgetWorkshop.pdf

Hoo's there! (I'm starting to not want to know)

 

[TheLegend]

What do you hear exactly? Dreger doesn't count as it was pure speculation on his part.

One man's speculation is another man's reporting what he's been told.

It's always been about perception, Fred. You of all people should know that.

 

[TheLegend]

But...
According to the document posted by CasualFan, the NHL has to renew their AMUL deal 5 days after the season is over but must submit info 3 days before that day. So they have until monday.

If they don't:
-Their AMUL deal is then void. The new owner would need to deal with COG. But they already started an AFU, so the new owner would need to either apply or deal something with new arena manager.
-Or CoG cave in (doubtful) and decide to provide a subsidy. In this case, the whole circus starts again with votes, and GWI and whatnot. I doubt this will happen.
-Or NHL don't/won't/can't sell the Coyotes and they are paying the bill for 2013-14 but need to deal with the new arena manager.

If they do:
-They will either need to find an owner or not, but then the circus starts again.

Am I missing something? Can the NHL renew their AMUL and sell the team? Do they have any penalties if they do that?

All of this is on a tight timeline as a relocation needs to be announced in about a month to give time to the hosting city, the time it needs to get ready.

BUT....

As I pointed out the NHL worked out a modification to the AMUL with Glendale to run on a month-to-month basis this past season. I'm presuming that was because of Jamison's attempt to negotiate his AMF with Glendale, but there's been no document available to say how long that arrangement was to last or if it's still in effect.

 

[Final Baton]

The NHL is probably turning over all the stones in the case they find someone dumb enough to invest their money in Glendale as a hockey market.

This is what I read into this as well.

 

[TheLegend]

Yeah, after today's budget presentation, more property tax increases coming...

Source: http://www.glendaleaz.com/clerk/agendasandminutes/documents/01A-FiscalYear2013-14ThirdBudgetWorkshop.pdf

Hoo's there! (I'm starting to not want to know)

Property tax income took a major dive when the housing market tanked (by as much as 50%). Glendale isn't the only city that has had to raise the tax rates since and most tax bills are still less than 2005.

 

[Ugmo]

The NHL is probably turning over all the stones in the case they find someone dumb enough to invest their money in Glendale as a hockey market.

This is what I read into this as well.

You think so? I think not. The NHL must now be aware that they can't afford to waste much time looking for owners in Glendale, otherwise there won't be enough time for Plan B (QC or I suppose possibly Seattle). And they must also be aware that no one wants the team without a huge public subsidy (indeed, nobody wanted it WITH a huge public subsidy), and there will be no more huge public subsidy coming. My guess is the NHL is already focusing on Plan B.

 

[Killion]

Property tax income took a major dive when the housing market tanked (by as much as 50%). Glendale isn't the only city that has had to raise the tax rates since and most tax bills are still less than 2005.

Ya has just got to be brutal if you own in Glendale. The market crashes, your house losing goodness knows how much in value in comparison to what you paid for it yet your left holding on paying a massive monthly on the mortgage, then its assessed at whatever new reality your facing in the - columns, and if that wasnt bad enough, the screws are now turned on your tax rates in order to make up the shortfall's in the citys' budgets. I really feel for people caught in that kind of a situation. Some are forced into either mortgage or tax default because they cant pay both, its one or the other, credit facilities are still difficult to obtain, puts a Hell of a lot of stress on people, marriages, families.

 

[CasualFan]

BUT....

As I pointed out the NHL worked out a modification to the AMUL with Glendale to run on a month-to-month basis this past season. I'm presuming that was because of Jamison's attempt to negotiate his AMF with Glendale, but there's been no document available to say how long that arrangement was to last or if it's still in effect.

This is how I tracked it http://hfboards.mandatory.com/showpost.php?p=58946453&postcount=273

It's possibile terms were change during the extensions but council meetings in last few months have made it sound like it was AMUL with no AMOA. Also, substantive changes would probably require council approval.

 

[TheLegend]

BREAKING!!!

Hoo's there you say???????

Per Craig Morgan of Fox Sports AZ..... Two of the potential ownership groups are in the arena for tonight's game against the Avs.

 

[TheLegend]

This is how I tracked it http://hfboards.mandatory.com/showpost.php?p=58946453&postcount=273

It's possibile terms were change during the extensions but council meetings in last few months have made it sound like it was AMUL with no AMOA. Also, substantive changes would probably require council approval.

As always CF.... very nice job.

The two AZ Republic articles you linked in that post do mention a 31 day extension made by the NHL last July.

Can't remember where I saw it (possibly in a twitter feed) but I recall CM Martinez a few weeks later making a comment about a month-to-month deal with the NHL on the arena and it wasn't costing the city anything. But that's where that trail ended.

For now though I'm going with your interpretation that there's still an renewal deadline on the AMUL next week.

 

[Killion]

...Also, substantive changes would probably require council approval.

Ya, in effect it appear's the NHL's simply been extending the AMUL on a month to month basis since last May/June. Jamisons never-ending never-closing sale precipitating such. Like renting a hotel room by the hour, then another hour, another & so on & so forth. Then contemporaneously of course weve got a lockout so any action's not available anyway. Its just bizarre. Eccentric. Arcane. Like something Errol Flynn, Howard Hughes or Elvis wouldve gotten up to. Combination short-con game where the deals gonna close in the next 30 days, Jamison working the long-con and of course coming up short January 31st, 2013.... and then meanwhile, for reasons I cant fathom, theres $20M bucks left sitting in escrow. You cant make this stuff up.

 

[madhi19]

BREAKING!!!

Hoo's there you say???????

Per Craig Morgan of Fox Sports AZ..... Two of the potential ownership groups are in the arena for tonight's game against the Avs.

All these tire kicker want to is get treated like big shot they go away as soon as the season over.

 

[Llama19]

BREAKING!!!

Hoo's there you say???????

Per Craig Morgan of Fox Sports AZ..... Two of the potential ownership groups are in the arena for tonight's game against the Avs.

Meaningless...

Craig Morgan ‏@cmorgancbsfoxaz

Anthony LeBlanc, George Gosbee and Darin Pastor will all attend tonight's Coyotes-Avs game.

Source: https://twitter.com/cmorgancbsfoxaz

Until they buy something...oh, wait, a former 'potential owner' did...

Hoo's there!

 

[GF]

Meaningless...

Craig Morgan ‏@cmorgancbsfoxaz

Anthony LeBlanc, George Gosbee and Darin Pastor will all attend tonight's Coyotes-Avs game.

I wonder what they all discuss in the owner's box....?

 

[Llama19]

I wonder what they all discuss in the owner's box....?

Hoo's picking up the tab!

 

[Glacial]

Makes one how soon big news will be coming out, if this is the calm before the storm, or just a calm from one of the many doldrums in this saga (doldrums, AKA the Horse Latitudes, where people used to eat the dead horses. ). Today's the last home game, tomorrow's the season ender, not that anyone in AZ will notice (thanks to the game not being televised there), the NHL needs to announce the AMUL renewal by Monday if they intend to stay. If this is the finale of the effort to keep the team in Phoenix, I will be somewhat disappointed. It's had so many wild moments.

 

[GF]

Hoo's picking up the tab!

 

[madhi19]

Hoo's picking up the tab!

The COG off course. Who else ever did beside them? lolll
Edit: Watching it online after leading 2-0 the yotes just let in 3 in a row.

 

[Killion]

Hoo's picking up the tab!

Some tab. Can you imagine being handed a bill for $170M?... like the time I was down Mexico way. A sort of like... dance club I guess you'd call it.... anyhoo... bunch of drinks & nonsense later, $24,297.00 Peso's Plz Senor.... just about fell off the floor where I was already in the prone position & quite comfortable... quick math & conversion... ok... Visa?.... we no take Visa Senor.... and Im lookin up at a holstered pearl handled Smith & Wesson on this guys size 56" waist.... not good...

 

[blues10]

Hoo's picking up the tab!

In winnipeg it is Hu's picking up the tab.; how the heck are there multiple ownership boxes at jobing.com plus thecog ownership box?

)

 

[Llama19]

Some tab. Can you imagine being handed a bill for $170M?... like the time I was down Mexico way. A sort of like... dance club I guess you'd call it.... anyhoo... bunch of drinks & nonsense later, $24,297.00 Peso's Plz Senor.... just about fell off the floor where I was already in the prone position & quite comfortable... quick math & conversion... ok... Visa?.... we no take Visa Senor.... and Im lookin up at a holstered pearl handled Smith & Wesson on this guys size 56" waist.... not good...

So you're saying that Tarantino based that night you had in Mexico and came up with the movie, From Dusk till Dawn?

 

[Llama19]

In winnipeg it is Hu's picking up the tab.; how the heck are there multiple ownership boxes at jobing.com plus thecog ownership box?

)

I don't know...Hoo?

http://www.youtube.com/watch?feature=player_embedded&v=K0Jg7pvVzKk

Hoo's there!

 

[madhi19]

So you're saying that Tarantino based that night you had in Mexico and came up with the movie, From Dusk till Dawn?

Every drunken escapades in Mexico can lead you to come up with the plot to From Dusk till Dawn. By the way I just heard that Fox sports will show the last game tomorrow.