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Coyotes remain in Glendale, we think

Updated 2x with some detail stuff at 2:43 AM: After something like four hours' worth of meetings, the Glendale City Council let every Crazy Cat Lady and Coyotes fan and crazy council member who never read the agreement with RSE speak, and then they finally voted:

So head over to http://www.foxsportsarizona.com

.

Meanwhile, if I was able to attend the meeting, given how long and how silly both the public statements and some of the council's jitters were, I promised I'd get up and do an interpretive dance to this song:

Update: Via USA Today's Kevin Allen, here's the scoop from the Arizona Republic's Paul Giblin:

The Glendale City Council passed a measure designed to keep the Phoenix Coyotes in town.

After hours of public commentary and debate, the council voted 4-3 Tuesday on a complicated, multimillion-dollar arena-management deal that would ensure the Coyotes remain at Jobing.com Arena.

...

After securing a conditional purchase from the NHL, IceArizona executives approached Glendale leaders with a proposal that called for the city to pay them $15 million a year to manage the city-owned arena.

The hockey executives promised to reimburse the city millions a year based on revenue drawn from new ticket surcharges, parking fees and a split of naming rights for the arena and a new stage within the arena.

City Council members debated whether to align the city with IceArizona or go with other management companies that offered to operate the arena for closer to $6 million. The other operators, though, couldn't guarantee NHL hockey.

The proposal remained in flux on Tuesday. Just hours before the council meeting started, IceArizona executives announced that they had partnered with Global Spectrum, an arena- and stadium-management company, to attract and promote events at Jobing.com Arena.

Global Spectrum is a subsidiary of Comcast-Spectacor, which owns the NHL's Philadelphia Flyers and manages the Flyers' facility, Wells Fargo Arena; and the Arizona Cardinals' facility, University of Phoenix Stadium, as well as more than 100 other venues.

"As owners of an NHL franchise and operators of the arena in which they play, we are confident that they will do amazing things for us in Glendale," LeBlanc said in a statement. "It's difficult to imagine a better partner than Global Spectrum."

Update #2: FYI:

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Comments

awould's avatar

Good.

Posted by awould on 07/03/13 at 02:50 AM ET

Avatar

The King is dead.  Long live the King.

Posted by HockeyinHD on 07/03/13 at 04:25 AM ET

redxblack's avatar

and now for the lawsuits.

Posted by redxblack from Akron Ohio on 07/03/13 at 06:55 AM ET

Hootinani's avatar

And in 5 years we get to do this all over again.  The Yotes will bolt, leaving behind a massive pile of debt that everybody and their brother will want to blame on everybody else.

Meanwhile, the NHL has allowed yet another underfunded ownership group to take the reins so Bettman can keep from having his ego bruised.

Posted by Hootinani on 07/03/13 at 08:10 AM ET

pautna's avatar

I agree with Hootiani. Having watched a good chunk of that council meeting, I’ve concluded that everyone involved except those who voted no are delusional and idiotic.

Posted by pautna on 07/03/13 at 11:00 AM ET

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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.

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.

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