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Phoenix Coyotes sale could be resolved next week Arena

The fate of the Phoenix Coyotes sale should be resolved next week, as the NHL has set July 2 as a drop-dead date to make a deal and a potential owner pitching a $15-million annual subsidy to run the arena. Read More »

Phoenix Coyotes sale falls through

Phoenix Coyotes

Greg Jamison missed a midnight deadline to close on a Phoenix Coyotes sale, losing out on a lucrative arena-management deal and opening the sales process to other bidders. Read More »

Phoenix Coyotes sale coming down to the wire

Phoenix Coyotes

The much-debated Phoenix Coyotes sale is coming down to the wire, as Greg Jamison has until midnight to close on the purchase of the NHL franchise and a lucrative arena-management deal. Read More »

Fate of Arena lease to be determined next week Arena

The lame-duck Glendale City Council is set to debate the final terms of a Arena management deal with Greg Jamison, pledging $320 million over 20 years to the prospective owner of the Phoenix Coyotes. Read More »

Glendale to spend $25M on Coyotes in ’11-’12 — and maybe for next decade

The Glendale City Council voted to cover the NHL’s losses on the Phoenix Coyotes for the 2011-2012 season up to $25 million, and also committed to do so annually for the next decade if the team isn’t sold or moved. In a contentious meeting last night, the council agreed to continue the financial agreement first made for this past season ... Read More »

Glendale ready to commit $25M to keep Coyotes in town for next season

Don’t expect the Phoenix Coyotes to move to Winnipeg any time soon: the Glendale City Council is preparing to authorize a payment of $25 million to keep the team at Arena for the 2011-2012 season, as negotiations with Matthew Hulsizer continue. It seem a little sad that the city needs to pony up that kind of money to keep ... Read More »

Goldwater Institute: We still oppose Coyotes lease

Arena-management fees and a financing plan for Matthew Hulsizer to buy the Phoenix Coyotes from the NHL are still under debate in Glendale, as reps from the Goldwater Institute continue their fight to scuttle the deal in the name of fiscal responsibility. The deal, which calls for Glendale to pay Hulsizer $97 million to manage Arena and basically give ... Read More »

Is Hulsizer’s Coyotes deal collapsing?

Plenty of whispers from Glendale and Arena about Matthew Hulsizer and the potential collapse of his purchase of the Phoenix Coyotes — and the biggest clue may be his not showing up to a single playoff game. Mark Falter documents what’s being said in Glendale: that the purchase is not happening, that the team is as good as gone ... Read More »

The Week That Was: Dec. 19

It was a week where Glendale managed to keep the Phoenix Coyotes (NHL) by paying Matthew Hulsizer more than what the team is worth, when MSG upturned the Los Angeles music scene by negotiating a sale of the Fabulous Forum, and we visited Amway Center, the stunning new home of the Orlando Magic (NBA). The most popular stories of the ... Read More »

Glendale approves Coyotes lease

After a contentious meeting that lasted will into the night, the Glendale City Council approved a $197-million deal that will keep the Phoenix Coyotes (NHL) in Arena through 2040. Under the terms of the lease, Glendale will float bonds backed by the facility and immediately pay new team owner Matthew Hulsizer $100 million, which he will use to buy ... Read More »

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