Kukla's Korner Hockey

Category: Phoenix-Coyotes

Mike Smith Waiting To See What Shane Doan Does

by Paul on 09/08/12 at 01:59 AM ET
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from Sarah McLellan of the Arizona Republic,

Ownership uncertainty has kept Doan in free agency, but his status will be settled soon. He has decided to sign before a possible lockout, which would start next Saturday when the current collective bargaining agreement expires.

"If he leaves, it'll be a big blow to this franchise and this organization," goalie Mike Smith said. "I think it'll determine whether or not people sign back here or how we lure in free agents in the future. It'll definitely be interesting to figure all that out."

The lack of an owner has also affected Smith. The Coyotes planned to negotiate a contract extension for him this off-season, but talks were put on hold until ownership was resolved. That leaves Smith in the final year of a two-year deal worth $4 million.

Ownership, however, might not have been the only factor to halt negotiations as Smith is interested in Doan's future with the team.

"We were gonna kind of wait to see what Shane did, too," Smith said. "Obviously he's a huge piece of the puzzle in Phoenix."

more

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: mike+smith

What’s Doan Doing?

by Paul on 09/06/12 at 09:31 PM ET
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from Sarah McLellan of the Arizona Republic,

He's made a few public comments on his situation, talking in July when he participated in NHLPA meetings in New York and then in August at an autograph sighing in Ontario. But Doan gave his most candid interview yet on Thursday when he joined Dan Bickley and Mike Jurecki on XTRA 910.

The telling points:

- Doan says a deal between him and the Coyotes is done. All that he's waiting on to put pen to paper is Greg Jamison acquiring the team.

- Doan confirms what's been speculated for awhile now, that Jamison has secured the money to purchase the Coyotes and the money is waiting in escrow.

- The list of teams Doan would consider joining if a deal with the Coyotes can't be worked out is down to two or three clubs.

read on

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: shane+doan

Report- Greg Jamison Secures Financing To Purchase Coyotes

by Paul on 09/04/12 at 10:24 PM ET
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from Scott Burnside of ESPN,

A source confirmed to ESPN.com Tuesday evening that suitor Greg Jamison, the former president and CEO of the San Jose Sharks, has finally arranged financing that would allow him to purchase the team from the National Hockey League for $170 million, and that any issues with the lease agreement between the City of Glendale and Jamison's investors for Jobing.com Arena, where the Coyotes play, are expected to be resolved by the end of September.

Among the investors, who have to this point remained unidentified, are some members of the Ice Edge Group, a collection of Canadian and American businessmen who at one point were front-runners to buy the team themselves, the source told ESPN.com.

more

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

Coyotes Still Can’t Make Many Moves

by Paul on 09/03/12 at 12:04 PM ET
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from Sarah McLellan of the Arizona Republic,

The real promise of this becoming the norm for the Coyotes came hours before they eliminated the Nashville Predators in Game 5 of Round 2.

NHL Commissioner Gary Bettman, flanked by suitor Greg Jamison, announced a preliminary deal to sell the team to Jamison had been reached, and Bettman hoped the sale would close in weeks rather than months. And with that news, the shackles seemed to loosen.

Big-name free-agent signings could become a reality. Goalie Mike Smith could land a lucrative extension. Stability could join the lure of playing for coach Dave Tippett as brochure material. General Manager Don Maloney's desire to chase skill and talent in the off-season seemed to reinforce a new approach.

But nearly four months after Bettman hinted at change, everything is the same. The Coyotes didn't make any blockbuster acquisitions or re-up Smith. Their budget didn't swell, and their star power remains unaffected, unless captain Shane Doan decides to sign elsewhere. Then it drops.

So instead of grading this off-season against the scale of what could have been, it's best to stick with what has been. And in that regard, the Coyotes were again conservative -- but that style has led to three seasons of unexpected success.

more

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Glendale Wants To Rework Their Deal

by Paul on 08/29/12 at 10:16 PM ET
Comments (3)

from Lisa Halverstadt of the Arizona Republic, 

Phoenix Coyotes suitor Greg Jamison says he's ready to move forward with his bid for the team, but now Glendale says it wants to rework its 20-year, $324 million deal with him.

The city was expected to send Jamison an updated draft on Wednesday night.

Glendale officials have repeatedly said that they were waiting for Jamison to hold up his end of the bargain -- purchasing the team from the National Hockey League -- after approving the Jobing.com Arena lease with him in June.

continued

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30 More Days For The NHL/Glendale Relationship

by Paul on 08/27/12 at 06:58 PM ET
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from Lisa Haverstadt of the Arizona Republic, 

The National Hockey League will operate Glendale's hockey arena for another month.

The Glendale City Council on Monday directed staff to extend its arena management with the NHL for another 30 days, allowing Phoenix Coyotes suitor Greg Jamison more time to try to buy the hockey team, City Attorney Craig Tindall said.

"This provides a period of time that's necessary to make sure the entire transaction can occur," the city attorney said.

continued

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Coyotes In A Holding Pattern

by Paul on 08/17/12 at 12:34 PM ET
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from Sarah McLellan of the Arizona Republic,

“Everybody is in a holding pattern in regards to the deals they can potentially make,” Coyotes General Manager Don Maloney said. “The last number of years August is a quiet month anyway, but this CBA makes it a little quieter than normal.”...

“I don’t foresee a lot happening around here right now,” Maloney said.

That could change if Jamison’s bid to purchase the Coyotes is approved. With that could come the return of Doan, who has loitered on the sidelines of free agency in an attempt to remain with the Coyotes once they’ve secured new ownership.

“We’re still waiting on our ownership situation to be resolved,” Maloney said. “It’s still trending positively. We’re still very optimistic about it. Once that happens, hopefully we can re-sign Shane to a deal that works for both of us.”

more on the Coyotes including Mike Smith contract update…

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

Doan Doing Everything He Can Do To Stay In Phoenix

by Paul on 08/04/12 at 09:40 PM ET
Comments (18)

from NHL.com,

Shane Doan reiterated Saturday that his preference is to re-sign with the Phoenix Coyotes.

“Right now I’m doing everything I can to stay there and that’s kind of my goal,” Doan said in an interview with TSN. “At the same time, I’m having to do some due diligence, now in the fact that the longer it takes the more likely and the harder it seems to be to get a deal done in Phoenix.”

Doan, who became an unrestricted free agent July 1, has put off signing with the Coyotes while the team’s future ownership is determined.

Doan reportedly has visited with the Philadelphia Flyers, New York Rangers and Vancouver Canucks. Nashville Predators general manager David Poile said this week his team also has interest in the forward but would not require a visit.

continued

Watch the TSN interview…

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: shane+doan

Another Obstacle For Greg Jamison?

by Paul on 08/02/12 at 02:13 AM ET
Comments (6)

from Mike Sunnucks of the Phoenix Business Journal,

Greg Jamison still doesn’t have all the cash needed to finalize his purchase of Phoenix Coyotes hockey team from the National Hockey League and then also operate the franchise after a sale.

Operating capital could be the newest obstacle facing the Jamison purchase and the Coyotes tenuous situation in Glendale.

Essentially, the prospective Coyotes owner needs the money, financing or favorable sales terms so he can pay the bills, meet payroll and keep the lights on after a sale.

The Jamison camp and other backers of a Coyotes sale still say a deal could get done soon if more capital is raised or an accommodating deal is worked out with the NHL.

continued

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

Glendale Wants Another Extension

by Paul on 07/31/12 at 04:35 PM ET
Comments (6)

from Mike Sunnucks of the Phoenix Business Journal,

The city is asking for an extension of one month.

The NHL extension Glendale is considering today could be a move to give prospective Coyotes buyer Greg Jamison more time to close his purchase of the team. Jamison has been trying to secure investors and the money necessary to buy the team from the NHL and keep it in the Phoenix market.

This move could be a precursor to the NHL running the team one more season while a sale is being finalized.

There are indications that even if Jamison’s bid falters or remains in limbo that the NHL could operate the Coyotes next season in Glendale. The NHL season starts in October and it’s likely too late for the team to be relocated to a new market.
The city has allocated $17 million in its next budget for arena operations.

There are reports stating the extension is a go, so maybe this is just the ‘rubber-stamping’ of it.  I am more interested in the “NHL running the team” for another year comment.

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

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