Well if the sale doesn't go through, the thread title could be "it moved"....as in the franchise. Maybe Glendale should bring in Kramer's caddy for some advice, as long as he doesn't suggest Scruggs try on the bra
It's your move
Well if the sale doesn't go through, the thread title could be "it moved"....as in the franchise. Maybe Glendale should bring in Kramer's caddy for some advice, as long as he doesn't suggest Scruggs try on the bra
Talk is cheap.
Sure, but Toronto's done more than talk. They've sunk all kinds of money in providing benefits to private enterprise (Tie Domi's brother, the Skydome, that Wedding Cake Arena down at the bottom of the DVP etc), as have most cities across the country, and rightfully so. I really dont have a problem with what Glendales' trying to do here. Big time high-wire act without a net. Its' pretty exciting dont you think?....
Hard to tell tone and such but, after watching her on the endless "Circus of Glendale" meetings, I'm sure she tried to put on her best schoolmarm act, I'm thinking she'll go out with a whimper...
I don't question that the CFD is important, I just don't know how the COG can all of a sudden use that money as some kind of offset to help make it look like the $100 million subsidy is no longer a subsidy. Parking revenue, sure. I get that. Throw that into the equation. But the CFD? If the Coyotes go away does the COG all of a sudden give that tax back to the taxpayers? It has nothing to do with the lease MH and the COG are negotiating, and as far as I can tell, the CFD isn't being setup contingent on the successful lease negotiation between MH and COG.
More doom and gloom from the mayor.
Glendale Mayor Elaine Scruggs warned Thursday that if the Phoenix Coyotes leave town, the city-owned Jobing.com Arena would be crippled. She said the arena could end up like its counterpart at the New Jersey Meadowlands, which faces closure after losing its main tenants the New Jersey Nets and Devils.
She wouldn’t directly say the arena would close if the hockey team leaves, but cited the Meadowlands example as possible fate for the Glendale-owned facility.
http://www.bizjournals.com/phoenix/news/2011/03/03/phoenix-coyotes-exit-would-cripple.html
Approx $260 mill if I calculate 125 mill from 1996.
She does have a point. If you understand Phoenix, with US Airways arena in the downtown, the Job already has a pretty hard time filling dates outside of games. I have been saying for a long time, this isn't all chicken little talk. The City will really be in a very, very tough position if the Coyotes leave. If things are bad now, they will get a lot worse if the team leaves. That is why the City is willing to do so much to try and keep the team around.
It is relevant if people are going to start comparing numbers that communities spend to hold onto a sports franchise.
She does have a point. If you understand Phoenix, with US Airways arena in the downtown, the Job already has a pretty hard time filling dates outside of games. I have been saying for a long time, this isn't all chicken little talk. The City will really be in a very, very tough position if the Coyotes leave. If things are bad now, they will get a lot worse if the team leaves. That is why the City is willing to do so much to try and keep the team around.
So I tried to find some news about this on an American sports site (SI.com, espn.com) and all I found was this:
So there you have it. The key to keeping the Coyotes in Glendale is to dump everyone and sign these girls to play....in those uniforms. If that doesnt get fans in the stands well I dont know what will.
Well if not that... may I suggest and old War tune..
Phoenix Part XXIV: GWI vs CoG.... "Why can't we be friends?"
http://www.bizjournals.com/phoenix/news/2011/03/03/phoenix-coyotes-exit-would-cripple.html
Greater Phoenix Economic Council CEO Barry Broome said the Valley’s pro sports teams, bowl games and Nascar races helps the region’s image, and have helped make the area a hub for high-performance athletic training and sports medicine. Broome said if the Coyotes leave it will hurt the Valley’s brand as a major market. “This is a statement about our reputation as a marketplace,†Broome said.
She does have a point. If you understand Phoenix, with US Airways arena in the downtown, the Job already has a pretty hard time filling dates outside of games. I have been saying for a long time, this isn't all chicken little talk. The City will really be in a very, very tough position if the Coyotes leave. If things are bad now, they will get a lot worse if the team leaves. That is why the City is willing to do so much to try and keep the team around.
I guess TSN has officially jumped on the bandwagon:
www.tsn.ca/nhl/jetsmeter
Edit: I meant to post this in the TNSE thread, but I guess it's relevant here too.
She wouldn’t directly say the arena would close if the hockey team leaves, but cited the Meadowlands example as possible fate for the Glendale-owned facility.
I think they're screwed either way.
Regarding the presser, the Mayor says Time has runout. Then goes on talking about how Goldwater should be dropping their disapproval. My guess is it's over unless GWI drops it's objection. Selling the bonds seems not to be an option. Maybe they couldn't sell at any interest rate, short of loan sharking.