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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 »

How realistic is Sacramento arena plan?

As more details emerge about a proposed Sacramento arena plan, it appear the city may ask more of the NBA’s Kings and take some facility revenue streams. Is this realistic? Though the financial cornerstone of the $387-million (or $400 million, depending on who you ask) funding plan is the sale of future downtown parking revenues for $200 million, the rest ... Read More »

It’s official: ECHL expands to Orlando for ’12-’13

Two weeks after the Orlando City Council approved a lease for an ECHL team at Amway Center, the league announced an expansion franchise was unanimously approved for the 2012-2013 season. The Orlando membership is owned by Orlando Pro Hockey Operations, L.P., an entity controlled by Joe Haleski, Bob Ohrablo and Jason Siegel. We reported on the lease two weeks ago. ... Read More »

Edmonton approves Oilers arena deal

By a surprisingly wide 10-3 margin, the Edmonton City Council voted to move forward on a plan for a new $450-million Edmonton Oilers (NHL) arena, directing city staff to work out an agreement with the team. The funding plan was slightly tweaked before it was approved this afternoon. The base agreement remained the same. The Oilers would pick up $100 ... Read More »

Orlando approves ECHL lease for Amway Center

When we visited Amway Center, we expressed hope that a hockey tenant would be forthcoming someday in the impressive facility. Our wish came true: Orlando has approved a three-year lease for an ECHL team, beginning in 2012-2013. The Orlando City Council approved the Amway Center lease today. The team will be owned by Orlando Pro Hockey Operations LP, headed by ... Read More »

New for 2011: Ford Center

The new downtown Evansville arena officially has a name — Ford Center – and a lead pro-sports tenant after the Evansville IceMen (CHL) come to terms on a new lease after some amazingly contentious negotiations. The naming-rights deal, announced today by arena manager VenuWorks, is a 10-year deal worth $4.2 million. In additional to the naming rights and exterior signage, ... Read More »

Casino revs to bail out Blue Jackets lease?

Tax revenues from a proposed casino on the West Side of Columbus could help bail out the staggering losses incurred by the Columbus Blue Jackets (NHL) because of a bad Nationwide Arena lease. The proposal, which isn’t yet public but reported upon by the Columbus Dispatch, would use tax revenues from the Hollywood Casino Columbus to address shortfalls incurred by ... Read More »

Atlanta Spirit in full liquidation mode

After a multiyear legal battle to gain control of the Atlanta Hawks, the Atlanta Thrashers and Philips Arena, the Atlanta Spirit is pulling an abrupt about-face and is looking to liquidate all its holdings, with John Moores negotiating to buy the NBA franchise. We’ve already covered discussions between the Spirit and True North Sports & Entertainment to sell the NHL’s ... Read More »

Gladiators sign Gwinnett Arena lease extension

No surprise here: the Gwinnett Gladiators, one of the most successful ECHL teams, has signed a lease extension for Gwinnett Arena that will keep the team at Gwinnett Center through 2014. “We take an enormous amount of pride that our home venue is consistently ranked as one of the premier multi-purpose facilities in the entire nation, and the Arena ice ... 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 »

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