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Category: Phoenix-Coyotes

Report- Sale Of Coyotes To Jamison In Doubt

from Scott Burnside of ESPN,

Former San Jose Sharks CEO Greg Jamison, the main suitor for the Phoenix Coyotes for the past year, cannot produce the capital needed to purchase the team from the NHL and as a result a Jan. 31 deadline to maintain a critical lease agreement with the City of Glendale will pass without a deal being completed, multiple sources have told ESPN.com.

A separate group of investors is prepared to step into the void created by Jamison's failure to produce the money he repeatedly insisted he would deliver to complete the deal, but the question is whether Glendale officials will agree to extend the lease agreement to a new group given that it was Jamison who negotiated the terms of the highly contentious lease deal.

continued

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: greg+jamison

Afternoon Line

Regarding the sale of the Phoenix Coyotes.  Make sure to check out LeBrun's recent tweets...

 

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
 

Report- Jamison Will Finalize Coyotes Purchase This Week

from Mike Sunnucks of the Phoenix Business Journal at The Sporting News,

Greg Jamison’s investment group is slated to finally close on its purchase of the Phoenix Coyotes hockey team, according to sources familiar with the deal.

Two sources familiar with the deal told me today that Jamison’s group will close the deal tomorrow, while another official said it will happen Thursday.

continued

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: greg+jamison

Does Jamison Have The Money To Buy The Coyotes?

from Mike Sunnucks of the Phoenix Business Journal at The Sporting News,

Prospective Phoenix Coyotes buyer Greg Jamison has until Thursday purchase the hockey team from the NHL.

Otherwise time runs out on the latest city of Glendale arena deal that helps Jamison’s group buy the Coyotes.

Glendale approved a $308 million arena deal in November. Jamison has until Jan. 31 to buy the Coyotes from the NHL otherwise the city deal and money goes away.

Jamison continues to be very private about whether he has the money to close the deal and where the money is coming from to buy the team.

That has always been the problem with trying to close the Coyotes deal and keep them here. The money, financing and investors have not yet come together to close a deal.

continued

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: greg+jamison

Video- Phoenix Coyotes Want Fans To ‘Join The Hunt’

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
 

Leafs Trade Lombardi To Phoenix

from TSN,

The Toronto Maple Leafs have traded forward Matthew Lombardi to the Phoenix Coyotes for a conditional draft pick.

According to TSN Insider Darren Dreger, Toronto receives a fourth-round draft pick that would turn into a third-rounder should Lombardi re-sign in Phoenix after this season. The Leafs will retain the $500,000 signing bonus owed to Lombardi as well as a portion of his remaining salary in the deal.

Lombardi scored eight goals and added 10 assists in 62 games with the Maple Leafs last season.

continue for more on Lombardi...

added 8:29pm,

GLENDALE, ARIZONA --- Phoenix Coyotes General Manager Don Maloney announced today that the Coyotes have acquired center Matthew Lombardi from the Toronto Maple Leafs in exchange for the Coyotes fourth round draft choice in the 2014 NHL Entry Draft.

“We are very pleased to bring a player like Matthew back to our team,” said Maloney. “Matthew is a very strong skater who will add quickness and skill to our lineup. He is an intelligent center who will be a great addition to our team and provides us with added depth at the center position.”

Filed in: NHL Teams, Phoenix Coyotes, Toronto Maple Leafs, | KK Hockey | Permalink
  Tags: matthew+lombardi

Will Torres Change His Game?

from Sarah McLellan of azcentral,

His attention to physicality has created a messy record that includes six incidents that have required supplemental discipline. His latest transgression — a hit on the Chicago Blackhawks’ Marian Hossa in Game 3 of last year’s first-round playoff series — received the stiffest penalty, and now Torres is tasked with revamping his style, once again, to stay in the NHL.

“I can’t afford to go through something like that again,” Torres said. “There are some things that I’m going to have to change if I want to keep playing in this league at a competitive level, so I look forward to it. I know I can bring more to the game than just physical play.”

Torres was assessed a 25-game suspension for a hit to Hossa’s head. After an appeal to the league, Commissioner Gary Bettman set the sentence at 21 games.

Thanks to a lengthy playoff run by the Coyotes, Torres has only eight games left to serve. It’s unlikely the suspension will be further reduced because of a shortened season, but Torres’ status was one of several issues addressed between the league and Players’ Association in the transition rules from the previous collective bargaining agreement to the new one, according to a league source.

more and if you need a refresher on the hit to Hossa, you can watch it below...

Continue Reading »

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: raffi+torres

Evening Line

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
 

Glendale Council Approves Arena Management Deal

Next up fot the Coyotes, BOG approval.

 

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
 

Another Vote In Glendale

from Scott Burnside of ESPN,

Tuesday night looms large for the Phoenix Coyotes, given the long and rutted road they have traveled in search of an owner.

The Glendale City Council is expected to vote Tuesday on a reconfigured lease agreement between potential owner Greg Jamison and the municipality.

The deal would pay Jamison $320 million during the life of the 20-year deal and would, in theory, secure the Coyotes' future in Glendale. If the new lease agreement is accepted, Jamison and his partners will attempt to complete the purchase of the team from the NHL, likely by the end of the calendar year.

continued

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
 

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

 

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