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Category: Phoenix-Coyotes

Greg Jamison Needs Around $20M To Buy The Coyotes

from Mike Sunnucks of the Phoenix Business Journal,

Prospective Phoenix Coyotes buyer Greg Jamison is approximately $20 million short of the money he needs to buy the hockey team and keep them in Glendale.

The Coyotes deal is on tenuous ice but could still happen, according to multiple sources familiar with the team’s three-year ownership saga and uncertain future in the Phoenix market.

Jamison is courting new investors and partners to help him cobble together the money and financing needed to purchase the team from the National Hockey League.

continued

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

Does Greg Jamison Have The Funding To Buy The Coyotes?

from Mike Sunnucks of the Phoenix Business Journal

(Bill) Daly also dismissed speculation this week that Jamison now doesn’t have the money or financing to buy the team or that the NHL was looking at cutting the sale price or some kind of special financing to get the deal done.

But confidence in the deal is waning, even among some Coyotes boosters.

Several sources in Arizona familiar with the Coyotes machinations and supportive of Jamison’s bid are asking with concern why a deal hasn’t been finalized, where Jamison’s money is coming from and who his partners are.

Hanging over all of this is the fact that the $300 million Coyotes-friendly arena deal approved by the city of Glendale can’t be signed by Jamison until he buys the team.

more

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

Will Doan Wait Almost Another Month?

from Lisa Halverstadt of the Arizona Republic,

Supporters of an effort to reverse Glendale’s sales-tax increase must wait nearly a month to argue before a judge.

Last week, the city rejected signatures submitted by the business group which aims to get an initiative on the November ballot. The group, Save Glendale Now, responded with a lawsuit.

A Glendale spokeswoman confirmed Tuesday that the city and the business group won’t appear before Maricopa County Superior Court Judge Sally Duncan until Aug. 14.

Once in court, Glendale will argue the 100-word summary submitted with the group’s 4,138 signatures was misleading because an initiative cannot reverse the Glendale City Council’s vote to increase the city sales tax by 0.7 percent.

The city has also said the group failed to include a serial number on each petition and submit them four months before the Aug. 28 primary election.

In its lawsuit filed last week, the business group said the city clerk did not have discretion to reject the petitions and that the loopholes cited by the city failed to take specific rules into account.

continued

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

Optimism Remains In Phoenix

via Lisa Halverstadt of the Arizona Republic,

“I still retain optimism and I don’t think that’s foolish optimism,” Coyotes president Mike Nealy said Monday.

He said former San Jose Sharks chief Greg Jamison calls him regularly to ask for information as he works toward buying the team…..

“It’s still moving forward,” Nealy said. “It’s zigging and zagging a bit but Greg Jamison is still working toward the ultimate resolution with the public issues that are out there. At the end of the day, the league is still interested in keeping the team here.”

But no official timeline has been set for the sale so Nealy and the rest of the front-office staff are focusing on what they can control.

The team’s Western Conference Finals appearance last season is helping.

As of Monday, Nealy said season-ticket renewals and sales are at record highs for the franchise.

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

Bill Daly On The Phoenix/Glendale Situation

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: bill+daly

Sean Burke Staying With The Coyotes

GLENDALE, ARIZONA – Phoenix Coyotes General Manager Don Maloney announced today that the Coyotes have signed Sean Burke to a multi-year contract extension to serve as Assistant to the General Manager/Goaltender Coach. In addition to his current responsibilities that include overseeing all goaltenders in the Coyotes system and player development, Burke will now work with Coyotes General Manager Don Maloney, Assistant General Manager Brad Treliving and Director of Hockey Administration Chris O’Hearn in all areas of hockey operations.

“We are very pleased to sign Sean to a contract extension,” said Maloney. “For the past three years, Sean has done a tremendous job working with all the goaltenders in our organization helping them improve and succeed on the ice. We look forward to him continuing in this role and also assisting our hockey operations department in all areas of the business.”

Continue Reading »

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: sean+burke

The Latest From Glendale

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

Efforts to get a referendum to Glendale voters on the city’s Phoenix Coyotes deal could be faltering.

Organizers of the anti-Coyotes referendum may not have enough signatures to get on the ballot, and they could face a big legal fight with the city of Glendale over how many signatures are needed and when the petitions are due.

If the referendum falters, the National Hockey League could move to sell the Coyotes to Greg Jamison and the team would stay in Glendale.

continued

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

The Doan Watch Begins

from Sarah McLellan of the Arizona Republic,

After sitting on the sidelines for a week, Doan is expected to begin exploring his options Monday.

“I expect by Tuesday we’ll probably start listening to some offers, get an idea of where he kind of fits in the market, and take that next step,” said Terry Bross,Doan’s agent. “I wouldn’t say anything’s imminent.”...

Since free agency opened on July 1, 11 teams have expressed interest in Doan, but re-signing with the Coyotes has remained his goal.

“There are two or three that he’d take a long hard look at, and it’d break his heart to do so,” Bross said.

Maloney has had regular talks with Bross, and the Coyotes are willing to agree to either a one-year deal or a multiyear contract. Neither side has discussed money or terms since before July 1, but both are confident a deal can be reached.

Doan hasn’t set a deadline for when he plans to commit to a team. If he opts to explore free agency, Bross isn’t sure what the process will entail.

more

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

The Future Of Shane Doan

from Paola Boivin of the Arizona Republic,

On the heels of Steve Nash’s departure to Los Angeles comes word that nearly a dozen suitors are courting Shane Doan, including the Kings, according to several reports, should the Coyotes captain choose to leave the Valley.

Swell.

That isn’t the lament of a homer sportswriter. It is the reaction of a journalist who has spent several decades covering the games people play and knows how unique Doan is. Rarely does an athlete come along who spends his entire career with one organization and in the process serves as leader, scorer, mentor, promoter.

Yet his 16-year stay in Arizona is at risk of ending because of an ownership mess that appears to be growing more complicated by the minute. And it’s not just the Kings who appear to have interest in Doan. Eleven teams have inquired about the player, his agent, Terry Bross, said Friday. New York, Detroit and Montreal are among the group, according to various reports.

Doan deserves better.

read on

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

Coyotes Re-Sign Kyle Chipchura

GLENDALE, ARIZONA—- Phoenix Coyotes General Manager Don Maloney announced today that the Coyotes have re-signed restricted free agent forward Kyle Chipchura to a one-year contract. As per Club policy, terms of the deal were not disclosed.

Last season, the 6-foot-2, 205 pound Chipchura played 53 games for the Coyotes registering 3-13-16 and 42 penalty minutes (PIM). His 13 assists and 16 points were both career highs. Chipchura also played in 15 playoff games for the Coyotes, collecting 1-3-4. He began the season with the Portland Pirates (AHL), playing in 8 games and recording 4-2-6 and 4 PIM.

“We are very pleased to re-sign Kyle,” said Maloney. “Kyle is a hard working, versatile forward who brings toughness and grit to our lineup. We are happy to have him back.”

Filed in: NHL Teams, Phoenix Coyotes, | KK Hockey | Permalink
  Tags: kyle+chipchura

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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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