Kukla's Korner Hockey
by George Malik on 06/18/13 at 02:38 AM ET
One way or another, the Phoenix Coyotes' fate will be determined by June 26th of this year, and, as the Globe and Mail's David Shoalts suggests, the NHL won't be making the call:
The fate of the Phoenix Coyotes is now in the hands of the (mostly) new city council of suburban Glendale.
A tentative lease agreement with Renaissance Sports & Entertainment, headed by Canadian businessmen George Gosbee and Anthony LeBlanc, for Jobing.com Arena will be presented to the seven-member council at its regular in-camera meeting on Tuesday. Sources familiar with the negotiations say the deal will produce something close to the $15-million (all currency U.S.) annually Renaissance was seeking, although it may not be structured strictly as an arena management fee.
Glendale council, which includes four new members who were elected late last year, will have a week to study the agreement and ask questions before a vote for approval is expected at its regularly scheduled public meeting on June 25.
And if the council nixes the deal, the Coyotes will move to Seattle, as Shoalts explains...
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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.
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