The city of Glendale is taking yet another direction in the management of Gila River Arena, signing industry powerhouse AEG Facilities to run the facility with two express goals: bring more concerts to the venue and keep the Arizona Coyotes (NHL) as a tenant. (more…)
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. (more…)
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. (more…)
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. (more…)
The lame-duck Glendale City Council is set to debate the final terms of a Jobing.com Arena management deal with Greg Jamison, pledging $320 million over 20 years to the prospective owner of the Phoenix Coyotes. (more…)
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 […]
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 Jobing.com 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 […]
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 […]
Plenty of whispers from Glendale and Jobing.com 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 […]
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 […]
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 Jobing.com 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 […]
The Glendale (Az.) City Council is expected approve a Jobing.com Arena lease where the city pays potential Phoenix Coyotes (NHL) owner Matthew Hulsizer $197 million to operate the team. Could legal action from a public watchdog group sink the deal — and in the process chase the Coyotes from the state? The Globe and Mail […]
