Either Matthew Hulsizer is the greatest negotiator on the face of the earth or Glendale officials are extremely desperate to keep the Phoenix Coyotes (NHL) at Jobing.com Arena, as the latest lease proposal pays Hulsizer $197 million over the next five years after he buys the Coyotes for $170 million. It sounds like a great […]
Tag Archives | jobing.com arena
New Coyotes owner in it for long haul
Matthew Hulsizer admits investing $165 million or so in the Phoenix Coyotes (NHL) may not be the best investment he’s made, but the former Amherst College captain says he’s willing to lose money in the short term — and expects to make money on his buy in the long term. Hulsizer is in line to […]
Coyotes sale: Yet another missed deadline
All sides were hoping a deal for a group led by Chicago businessman Matthew Hulsizer to buy the Phoenix Coyotes (NHL) would be completed by Dec. 1, but it’s apparent that deadline will be shot, as negotiations for a jobing.com Arena lease continue. The issue, we’re told, is the level of subsidy the Hulsizer group […]
Next up in your arena: food delivery ordered from a smartphone
The Phoenix Coyotes, concessionaire Aramark and the NHL are bringing something unique to jobing.com Arena: food ordering and delivery from a smartphone, allowing fans to bypass concessions lines. The Phoenix Coyotes are the first NHL team to offer a venue-wide solution that allows every fan from any seat in the arena to use the service; […]
The week that was: June 12
Here are the most popular stories in the past week on Arena Digest, as measured in page views. In general, it was a week where the new ownership of the Phoenix Coyotes and the proposed merger between the CHL and the IHL dominated the news. Hold your horses: CHL/IHL merger hitting obstacles Bettman: Oh, Canada? […]
Ice Edge: We have the money for Coyotes purchase
Ice Edge Holdings says it has enough money to buy the Phoenix Coyotes and has a plan in place to change the team’s financial fortunes. The group, comprised mainly of Anthony LeBlanc, Keith McCullough and John Breslow, will borrow half the money needed to buy the team and put in personal cash to cover the […]
Glendale approves Ice Edge Holdings deal; 60 days to close
The Glendale City Council approved a memorandum of understanding (MOU) with Ice Edge Holdings over the broad terms of a new lease at jobing.com Arena, sunbect to the group’s purchase of the Phoenix Coyotes from the NHL. The MOU gives Ice Edge Holdings 60 days to finalize a lease and obtain the team, which means […]
Reinsdorf: I’m done pursuing Coyotes
Jerry Reinsdorf officially pulled out of the Phoenix Coyotes sweepstakes in anticipation of a Tuesday night meeting where the Glendale City Council is expected to approve a jobing.com Arena lease with Ice Edge Holdings. “Ultimately we came to the conclusion it was time to move on,” Reinsdorf said in a statement. “We were happy to […]
Ice Edge Holdings emerging as leading Coyotes suitor
Ice Edge Holdings, once spurned as a buyer of the Phoenix Coyotes, is now the leading contender to land the troubled franchise, with the Glendale City Council set to discuss lease on Tuesday. Despite the best efforts of the NHL to position Jerry Reinsdorf as the buyer of the team, Ice Edge Holdings now represents […]
Glendale to cover Coyotes losses — for now
The Glendale (Az.) City Council will spend up to $25 million to keep the NHL’s Phoenix Coyotes at Jobing.com Arena for the 2010-2011 season — but where the team ends up after that is still under debate. The council will spend up to $25 million on the franchise, which is still owned by the NHL, […]
Reinsdorf snares Jobing.com Arena lease, Coyotes presumably to follow
The Glendale City Council has decided to negotiate exclusively with Jerry Reinsdorf over a Jobing.com Arena lease proposal, clearing the way for the sports mogul to land the NHL’s Phoenix Coyotes. The council was choosing between two competing offers from Reinsdorf, the owner of the Chicago White Sox and the Chicago Bulls, and Ice Edge […]
