You don't understand how bad Mullett Arena is until you go there

[Viqsi]

So you agree more or less that it's an apples to oranges comparison?

Only insofar as that one can never actually compare any of these situations in any ways. In the broad outlines, it's more than close enough.

I'd also note that a consortium using bank bonds backed by several local governments to cover insolvency requirements is much less of a stretch compared to "f*** it, we'll play in an amateur rink for the foreseeable future." And if you disagree here, fundamentally I'm not sure we'll ever really agree.

The bolded is an editorializing assumption not in evidence.

 

[Gurglesons]

Seems fine. Lots of people loved the uniqueness of arenas back in the day.

 

[Bringer of Jollity]

There's nothing to be said about the Coyote's arena situation that hasn't already been said. The better question is why is the Sun Devil's baseball stadium a weed patch?

It's the old stadium. Mouser had a post earlier detailing the development going on around the old stadium.

I guess they now play:

 

[KeydGV21]

Heavens, whatever will our descendants think in 2095?

I’m fairly confident you missed my point…

 

[Ted Hoffman]

of course there was

Jerry Reinsdorf was interested right out of bankruptcy; he and the group he was working with couldn't finalize a deal on the lease with Glendale.

Matt Hulsizer had a deal to buy the team, then it fell apart when Glendale couldn't sell bonds to cover costs - in part because Goldwater Institute threatened to sue over payments Glendale would make to Hulsizer with those bonds.

Greg Jamison was interested, got toward completing a lease agreement, had the league's approval, and then after Glendale proposed revisions to the lease agreement Jamison backed out.

Darin Pastor was interested, but couldn't meet the league's minimum requirements. [I won't count him in this list, but it's noteworthy enough that the league issued a comment on it.]

Renaissance Sports and Entertainment finally signed a deal to buy the team, with an agreement on the lease with Glendale.

Andrew Barroway then bought a majority stake in the team, then bought it outright.

Alex Meruelo then bought the team from Barroway.

That's 6 different individuals or entities that were interested in buying the team and moved far enough along in the process to both talk about a lease with Glendale and talk to the NHL about terms of purchase, if not completed all of that. The last time I checked 6 [the count here] > 0 [your assertion of NO ONE].

 

[JianYang]

In an alternate universe, if the coyotes would have gone through with a Scottsdale arena deal rather than a glendale arena, you wonder how the coyotes would be doing right now.

If I recall correctly, one of the partners wanted to do Scottsdale and left the group when they went with Glendale.

 

[iCanada]

Only insofar as that one can never actually compare any of these situations in any ways. In the broad outlines, it's more than close enough.

The bolded is an editorializing assumption not in evidence.

Ok. When exactly are the Coyotes going to be playing in a professional rink?

As far as I can see, no one has any idea when they'll be out of Mullet?

 

[Deep Blue Metallic]

Looks like a great atmosphere. Fans don't care about how the broadcast is accomplished.

 

[iCanada]

Looks like a great atmosphere. Fans don't care about how the broadcast is accomplished.

Except fans of 31 other teams care about HRR being so low that is hard to sign their stars and stay cap compliant.

 

[Viqsi]

Except fans of 31 other teams care about HRR being so low that is hard to sign their stars and stay cap compliant.

That has almost nothing to do with the Coyotes and a lot more to do with COVID-19.

 

[iCanada]

That has almost nothing to do with the Coyotes and a lot more to do with COVID-19.

I mean. It's a gate driven league, it makes a difference. Not a lot, but it makes a decent dent.

41 games × 12000 fans missing × $100/game ÷ 32 teams ÷ 2 as players only get half is equal to $780,000 you'd expect the cap to go up if the yotes weren't dead weight.

 

[Viqsi]

I mean. It's a gate driven league, it makes a difference. Not a lot, but it makes a decent dent.

41 games × 12000 fans missing × $100/game ÷ 32 teams ÷ 2 as players only get half is equal to $780,000 you'd expect the cap to go up if the yotes weren't dead weight.

You could get just as much cap space back sending some deadweight to the AHL. This is not a very compelling argument.

 

[Voight]

It's a joke that a professional, big 4 sports franchise is allowed to operate in Canada.

 

[Voight]

I see posters are bringing up Salt Lake City again and I would like to bring up the following. Phoenix the city has more population than Salt Lake City the metro, SLC already has the Jazz in the NBA and an MLS franchise to boot. There is no way a market the size of SLC (1.2 million) can support overlapping leagues that play a combined 82 home games. It would be worse than the situation the Coyotes are currently in.

I don't understand why Salt Lake City is such a popular relocation/expansion on this board. Maybe if the NBA team leaves but there is no way the NHL can thrive in small-market NBA towns.

Nopt to mention the net worth of the Jazz owner is $2.1bn. Between the cost of buying the team and then paying a relocation fee, I don't think he's willing to sink in that much money. It would be close to half of his entire net worth.

 

[Cas]

I mean. It's a gate driven league, it makes a difference. Not a lot, but it makes a decent dent.

41 games × 12000 fans missing × $100/game ÷ 32 teams ÷ 2 as players only get half is equal to $780,000 you'd expect the cap to go up if the yotes weren't dead weight.

That's pretty much the best case scenario and it's still less than 1% of the cap.

 

[Dirty Old Man]

I’m fairly confident you missed my point…

Oh, nay, nay. I understood perfectly.

 

[iCanada]

You could get just as much cap space back sending some deadweight to the AHL. This is not a very compelling argument.

Not exactly because the number is conservatively low in my opinion. Just adding corporate box seats likely doubles or triples that figure.

On the low end you're talking about an extra 6-8 million dollars in AAV a contender can absorb at the deadline if no other roster moves happened based on that extra cap flexibility. All of that movement and excitement minimized... for Arizona.

 

[GindyDraws]

Joke's been done to death, but if you have a mullet and you go to Mullett Arena, you get a discount on them $60 tickets?

 

[iCanada]

That's pretty much the best case scenario and it's still less than 1% of the cap.

How is that the best case scenario?

You realize tickets in half the league cost like 250 face value and you double that in parking, drinks, and food right?

If the yotes kept up with the rest of the league on average it's like an extra 5%. If they suspended operations is also an extra 3%.

 

[Bondurant]

Fun place to catch a game. I couldn't care less about where TV production van is.

 

[GindyDraws]

the situations are totally different but you want to equate them to be the same...THEY'RE NOT

Edmonton= local ownership WANTS to buy the Oilers

Phoenix= NO ONE wants to buy the Coyotes thus the NHL forced to run them

the way the NHL helped both franchises are not even close to the same level

Here's the thing: people WANT the Coyotes. There's a long line of parties who'd love to buy an NHL team. The problem is that the NHL wants owners who want the Coyotes as long as they are willing to stay in Arizona, which absolutely cripples your options since it means developing a new arena.

 

[JasonDemersWasOkay]

Except fans of 31 other teams care about HRR being so low that is hard to sign their stars and stay cap compliant.

95% of the league played with completely empty arenas for an entire season. That’s tons more lost HRR than anything to do with the coyotes at Mullett..

 

[klefbombs shoulder]

95% of the league played with completely empty arenas for an entire season. That’s tons more lost HRR than anything to do with the coyotes at Mullett..

So the Yotes playing at Mullet is less damaging than the Covid 19 pandemic. Congrats I guess?

 

[TheLegend]

the NHL never "stepped in" for the Oilers though....there were a collection of owners that wanted to buy the team and keep it in Edmonton
Bettman simply allowed it to happen, for a myriad of reasons

the EIG saved the franchise, not the NHL

the same can't be said for Arizona...the NHL saved them when no one else wanted them

the situations are not comparable at all

Uh wrong.

Jerry Reinsdorf was going to buy the Coyotes. Bettman and Reindorf were on a plane bound for Arizona (with the documentaton in hand) when they found out Jerry Moyes threw the team into BK court as part of Balsillie's plan to come into the NHL through the window instead of the front door.

Both the NHL and Reinsdorf submitted bids in BK court, but Reinsdorf backed out after Basillie's lawyers leaked out information on the disussions between Reinsdorf and Glendale.

The NHL took the lead on purchasing the team at that point because they had the strongest case to block Balsillie's attempt.

Post BK there was no less than 3 groups (including Reinsdorf) who tried to purchase the franchise and keep them in AZ before IceArizona ultimately would up with the team.

 

[KeydGV21]

Oh, nay, nay. I understood perfectly.

And now I know you didn’t…