bosrs1 Posted June 15, 2013 Share Posted June 15, 2013 Fox Sports Arizona has a good chunk of details, as well. Here, literally, is the money quote:Sherwood has been preparing a report that examines the financial implications for the city with and without the Coyotes that he will present to council members on Tuesday. Based on his task force’s findings, the Coyotes remaining in Arizona would mean about $1.5 million more annually for the city. Spending $6 million a year to bring in $1.5 million in revenue? You just got Glendaled, son!Sounds like it's the $10 million the city was saying they'd be willing to pony up. So much for Glendale not being the NHL's cash register. Quote Link to comment Share on other sites More sharing options...
rams80 Posted June 15, 2013 Share Posted June 15, 2013 At least we've found the one American polity whose credit rating is crashing faster than Illinois' Quote 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) Link to comment Share on other sites More sharing options...
The_Admiral Posted June 15, 2013 Author Share Posted June 15, 2013 Shannon is an idiot and has reported nothing but falsehoods on this story. This Sherwood guy seems like a real idiot in the vein of Joyce Clark. My guess is that the rest of council thinks his plan, whatever sort of b.s. "creative financing" it is, sucks. Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
Lights Out Posted June 15, 2013 Share Posted June 15, 2013 Not so fast, my friends:@JSportsnet"Can confirm that RSE has agreed in principle to lease terms with City of Glendale on an arena lease. #coyotesstay" Quote POTD: 2/4/12 3/4/12 Link to comment Share on other sites More sharing options...
Coast2CoastAM2006 Posted June 15, 2013 Share Posted June 15, 2013 Framework in place.Not so fast, my friends:@JSportsnet"Can confirm that RSE has agreed in principle to lease terms with City of Glendale on an arena lease. #coyotesstay"Even though I posted this in the E3 thread, concerning KI3, this is so applicable here: and because this bloody situation WON'T BLEEPING DIE: Quote Spoilers! Link to comment Share on other sites More sharing options...
njmeadowlanders Posted June 15, 2013 Share Posted June 15, 2013 So what do we re-name this thread for its fourth iteration? It's a great CCSLC tradition right up there with "The Bucs have different numbers in training camp, are jersey changes coming?"; Someone posting the "Infinity Mirror" Browns logo concept; and "Did the Red Wings move away from arched lettering?"; and so on and so forth. Quote Link to comment Share on other sites More sharing options...
The_Admiral Posted June 15, 2013 Author Share Posted June 15, 2013 I'm really not too worried about this. They just approved their budget that said no more money for hockey, they just picked two finalists for arena management (which Bettman threatened them not to do), and now out of nowhere on a Friday night comes some crap about money having magically appeared. Most of the people on the council, especially the new faces, seem to be done letting themselves get pushed around by big-city people who are smarter, richer, and cleverer than they are, but somehow they elected this new Sherwood guy who to my knowledge has never said anything but "okay, guys, let's give the nice men their money and no one gets hurt." Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
DG_ThenNowForever Posted June 15, 2013 Share Posted June 15, 2013 I'm really not too worried about this. They just approved their budget that said no more money for hockey, they just picked two finalists for arena management (which Bettman threatened them not to do), and now out of nowhere on a Friday night comes some crap about money having magically appeared. Most of the people on the council, especially the new faces, seem to be done letting themselves get pushed around by big-city people who are smarter, richer, and cleverer than they are, but somehow they elected this new Sherwood guy who to my knowledge has never said anything but "okay, guys, let's give the nice men their money and no one gets hurt."So, kind of like this? 1 Quote 1 hour ago, ShutUpLutz! said: and the drunken doodoobags jumping off the tops of SUV's/vans/RV's onto tables because, oh yeah, they are drunken drug abusing doodoobags Link to comment Share on other sites More sharing options...
Magnus Posted June 15, 2013 Share Posted June 15, 2013 Fox Sports Arizona has a good chunk of details, as well. Here, literally, is the money quote:Sherwood has been preparing a report that examines the financial implications for the city with and without the Coyotes that he will present to council members on Tuesday. Based on his task force’s findings, the Coyotes remaining in Arizona would mean about $1.5 million more annually for the city. Spending $6 million a year to bring in $1.5 million in revenue? You just got Glendaled, son!And here I thought Arizona was a fiscally conservative state...Well, corporate socialism is not bad, apparently... Quote Link to comment Share on other sites More sharing options...
BBTV Posted June 15, 2013 Share Posted June 15, 2013 So I realize that many city-owned arenas hire 3rd parties to manage the operations. And I realize that costs money (I have no idea how much.) I also understand that many teams have their own arena management divisions and can handle the operations for events other than just their own (I worked for one.)What I don't understand, is how a team doesn't need to pay to lease the arena for their games, and at the same time collects a fee to manage it. Does the city get anything out of this deal? I don't care about the arguments that a pro team brings business and tax dollars in, because that's debatable, and the Coyotes aren't exactly a top draw.I've been following this thread since the beginning, but kind of lost track, with all the "deadlines" that have passed, all the elections and votes, and everything else that gets posted every day but in reality means absolutely nothing. Please tell me that I'm missing a big part of this picture, and that Glendale isn't really doing this. Also, are they still paying millions to cover losses? Quote "The views expressed here are mine and do not reflect the official opinion of my employer or the organization through which the Internet was accessed." Link to comment Share on other sites More sharing options...
Evil G Posted June 15, 2013 Share Posted June 15, 2013 I'm really not too worried about this. They just approved their budget that said no more money for hockey, they just picked two finalists for arena management (which Bettman threatened them not to do), and now out of nowhere on a Friday night comes some crap about money having magically appeared. Most of the people on the council, especially the new faces, seem to be done letting themselves get pushed around by big-city people who are smarter, richer, and cleverer than they are, but somehow they elected this new Sherwood guy who to my knowledge has never said anything but "okay, guys, let's give the nice men their money and no one gets hurt."So this isn't legit? Quote Bruh check out my last.fm And my Rate Your Music Fantasy Teams: Seattle Spacemen (CFA) Signature credit to Silent Wind of Doom Link to comment Share on other sites More sharing options...
The_Admiral Posted June 15, 2013 Author Share Posted June 15, 2013 So I realize that many city-owned arenas hire 3rd parties to manage the operations. And I realize that costs money (I have no idea how much.) I also understand that many teams have their own arena management divisions and can handle the operations for events other than just their own (I worked for one.)What I don't understand, is how a team doesn't need to pay to lease the arena for their games, and at the same time collects a fee to manage it. Does the city get anything out of this deal? I don't care about the arguments that a pro team brings business and tax dollars in, because that's debatable, and the Coyotes aren't exactly a top draw.Well, then you answered your question. Nominally, a team is supposed to pay rent, but when they're also being paid to manage the arena, then what's the point of charging someone a dollar to buy five dollars? You're coming out behind.My question is how does hockey "Save Westgate" if there have been these offseasons in which the NHL never booked anything? What does it do then? Do people just not go outside between Memorial Day and Labor Day because it's too hot? I don't know. Arizona is stupid and no one should live there. Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
Magnus Posted June 15, 2013 Share Posted June 15, 2013 Arizona is stupid and no one should live there.[/thread] Quote Link to comment Share on other sites More sharing options...
dbadefense1990 Posted June 15, 2013 Share Posted June 15, 2013 Arizona is stupid and no one should live there.No one should live in the Southwest, period. It's been a failed hodgepodge of overdevelopment, speculation and water overuse. Phoenix, Vegas, San Diego, hell even here in LA...all these cities shouldn't exist because of the droughts, heat waves and other environmental calamities waiting to be ensued in this death trap of a region.And this doesn't even address the moronic politicking between the Coyotes, Bettman and Glendale. 1 Quote Link to comment Share on other sites More sharing options...
FiddySicks Posted June 15, 2013 Share Posted June 15, 2013 Arizona is stupid and no one should live there.[/thread][/boards] Quote On 11/19/2012 at 7:23 PM, oldschoolvikings said: She’s still half convinced “Chris Creamer” is a porn site.) Link to comment Share on other sites More sharing options...
The_Admiral Posted June 15, 2013 Author Share Posted June 15, 2013 I wouldn't go as far as shutting down the entirety of southern California. That's downright daffy. Phoenix is going to be an even bigger uh-oh, though. So very many bad ideas. Quote ♫ oh yeah, board goes on, long after the thrill of postin' is gone ♫ Link to comment Share on other sites More sharing options...
Gothamite Posted June 15, 2013 Share Posted June 15, 2013 And here I thought Arizona was a fiscally conservative state..."Fiscal conservatism" started to mean something very different in the early 1980s. Quote The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
nash61 Posted June 16, 2013 Share Posted June 16, 2013 It was confirmed on the Hotstove tonight that if the Coyotes do not have a deal in place by July 2nd, the team is moving to...Seattle. Quote On September 20, 2012 at 0:50 AM, 'CS85 said: It's like watching the hellish undead creakily shuffling their way out of the flames of a liposuction clinic dumpster fire. On February 19, 2012 at 9:30 AM, 'pianoknight said: Story B: Red Wings go undefeated and score 100 goals in every game. They also beat a team comprised of Godzilla, the ghost of Abraham Lincoln, 2 Power Rangers and Betty White. Oh, and they played in the middle of Iraq on a military base. In the sand. With no ice. Santa gave them special sand-skates that allowed them to play in shorts and t-shirts in 115 degree weather. Jesus, Zeus and Buddha watched from the sidelines and ate cotton candy. POTD 5/24/12, POTD 2/26/17 Link to comment Share on other sites More sharing options...
CS85 Posted June 16, 2013 Share Posted June 16, 2013 It was confirmed on the Hotstove tonight that if the Coyotes do not have a deal in place by July 2nd, the team is moving to...Seattle. 1 Quote Quote "You are nothing more than a small cancer on this message board. You are not entertaining, you are a complete joke." twitter Link to comment Share on other sites More sharing options...
IceCap Posted June 16, 2013 Share Posted June 16, 2013 They'll move to Seattle. Where they'll play in one of two arenas that don't have ice while they wait for a new arena that may not ever be built. 1 Quote PotD 26/2/12 1/7/15 2020 BASS Spin the Wheel, Make the Deal Regular Season Champion 2021 BASS NFL Pick'em Regular Season Champion Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.