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NHL Anti-Thread: Bad Business Decision Aggregator


The_Admiral

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Oh crap, I was out most of the afternoon and now I'm sifting through the HFboards liveblog of the council meeting, trying to piece together what the hell this was today. There are no words, just

♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫

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City approved the subsidy 4-2 after a parade of people complaining that they couldn't afford to give the team all that money, along with some defenders who said sports. Dissenting votes were the mayor and the guy who wants them to go bye-bye; the woman who has actual common-sense reasons for not doing this is in the hospital or something. Now Goldwater is going to sue the city. Still nothing certain yet, and Bettman even told the council that Jamison hasn't raised enough money yet. God, this will NEVER END.

Oh and hey, somewhere in this big mess it came out that Nashville subsidizes the Predators with a $12 million "arena management fee," after which the team still loses money, so they're running the same scam the Coyotes are trying to run, just on a 40% smaller scale. "With hard work and time, hockey succeeded in Nashville!" No, with generous taxpayer bailouts, it still kinda squeaks along at best. Derp.

♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫

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Calling Barry Goldwater a real American, Devils avitar I think Icecap is turning into me :grin:

Being outraged at the Phoenix Coyotes is the one true cause that unites us all. #teamjustice

We could join hands and do a "We are the World" cover video for this cause.

♫Enough's enough. Move the Coyotes.♫

Count me in!

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City approved the subsidy 4-2 after a parade of people complaining that they couldn't afford to give the team all that money, along with some defenders who said sports. Dissenting votes were the mayor and the guy who wants them to go bye-bye; the woman who has actual common-sense reasons for not doing this is in the hospital or something. Now Goldwater is going to sue the city. Still nothing certain yet, and Bettman even told the council that Jamison hasn't raised enough money yet. God, this will NEVER END.

Oh and hey, somewhere in this big mess it came out that Nashville subsidizes the Predators with a $12 million "arena management fee," after which the team still loses money, so they're running the same scam the Coyotes are trying to run, just on a 40% smaller scale. "With hard work and time, hockey succeeded in Nashville!" No, with generous taxpayer bailouts, it still kinda squeaks along at best. Derp.

A little different, Nashville agreed to a least with the municipality, but at the same time went to the state legislature to get a bill passed in their favor. They gave up one subsidy for another.

Team accounting works in their favor. Example, the Heat have never paid rent to Miami-Dade County in all their seasons playing at the AmericanAirlines Arena (1997).

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http://ktar.com/22/1552014/Goldwater-Institute-Glendale-missing-significant-portions-of-Coyotes-deal

"We said, 'Hey, do this in a couple of days when you've had a chance to finish these exhibits and get everything public and give taxpayers the chance to look at the documents and weigh in,'" said Rhoades. "And that is all we're asking for: that people have the chance to be heard. They rushed this thing to a vote without being ready."

Rhoades said the deal was rushed by the NHL and rumors that Jamison's investors are faltering.

baltimoreravens.png

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Except that Miami only pays the Heat 6.8 million per year to manage their arena. Glendale is suggesting the market rate is several times that, as the cover for funneling county cash to the team.

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http://ktar.com/22/1...of-Coyotes-deal

"We said, 'Hey, do this in a couple of days when you've had a chance to finish these exhibits and get everything public and give taxpayers the chance to look at the documents and weigh in,'" said Rhoades. "And that is all we're asking for: that people have the chance to be heard. They rushed this thing to a vote without being ready."

Rhoades said the deal was rushed by the NHL and rumors that Jamison's investors are faltering.

You missed the money quote:

"The judge said, 'I don't have the legal authority to block them from voting today, but I agree with you, Goldwater Institute, that they are violating open meetings law,'" said Rhoades. "'They are violating public records law and they are in violation of court orders to provide documents to the public and if you come back to me, after they've passed this deal, I will strike it down.'"

Glendale annoyed the courts last year by dragging their feet hard on the Matt Hulsizer Magical Parking Lot documents. It could be that they're tired of the city's crap.

♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫

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Coyotes get approval of 20-year arena lease agreement

I say to those people who voted this agreement.

"The apocalypse has finally begun, Pigs are learning how to fly, Satan is skating his way to work & I'm pretty sure I just became a monkey's uncle."-NC Tom & Jerry review...

http://www.tsn.ca/nhl/story/?id=397980

Seriously, if this is true, hell has frozen over...

baltimoreravens.png

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Jamison still needs to work out a final deal with the NHL and gain approval from the league's board of governors, but this was considered the last major obstacle to finally bringing an owner in and keeping the team from leaving the Valley of the Sun.

Yes, the fact that the lease agreement was approved in an illegal meeting, that the deal itself is illegal, and that the prospective owner still doesn't have his share of the money to buy the goddamn team are mere speedbumps.

On 1/25/2013 at 1:53 PM, 'Atom said:

For all the bird de lis haters I think the bird de lis isnt supposed to be a pelican and a fleur de lis I think its just a fleur de lis with a pelicans head. Thats what it looks like to me. Also the flair around the tip of the beak is just flair that fleur de lis have sometimes source I am from NOLA.

PotD: 10/19/07, 08/25/08, 07/22/10, 08/13/10, 04/15/11, 05/19/11, 01/02/12, and 01/05/12.

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If this finally breaks the right way, I swear I'll hitchhike to the Plains of Abraham just to party with the locals. I've been on this rollercoaster too long. Who's with me? Allons-y!

♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫

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So, it's over, right?

Judging by the last couple reactions, sounds like Goldwater is leaving the CoG alone. No need to lose hope yet.

The fight's just starting, and it looks to be one well worth watching. :P

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Yeah, what? They're not leaving the city alone at all. They got a judge to say that the vote can (and will) be struck down now that it's been passed.

Oh, and apparently most of the council members didn't read some important documents beforehand, as it was "in someone's email inbox" and they couldn't reach it. That's okay, though, because

sports-sports-sports-sports,

sports-sports-sports-sports,

sport-spor-spor sport sp-sporrrrts...

sports!!!!!!!

♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫

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Can someone explain to me why half of hfboards is convinced a 2 team expansion is going to be part of the new CBA? I mean such an act of insane stupidity only makes sense under OITGDNHL logic.

On 8/1/2010 at 4:01 PM, winters in buffalo said:
You manage to balance agitation with just enough salient points to keep things interesting. Kind of a low-rent DG_Now.
On 1/2/2011 at 9:07 PM, Sodboy13 said:
Today, we are all otaku.

"The city of Peoria was once the site of the largest distillery in the world and later became the site for mass production of penicillin. So it is safe to assume that present-day Peorians are descended from syphilitic boozehounds."-Stephen Colbert

POTD: February 15, 2010, June 20, 2010

The Glorious Bloom State Penguins (NCFAF) 2014: 2-9, 2015: 7-5 (L Pineapple Bowl), 2016: 1-0 (NCFAB) 2014-15: 10-8, 2015-16: 14-5 (SMC Champs, L 1st Round February Frenzy)

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