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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, d, | KK Hockey | Permalink
  Tags: greg+jamison

Comments

awould's avatar

I’ll believe it when i see it.

Posted by awould on 01/29/13 at 05:49 PM ET

LivinLaVidaLockout's avatar

I hope he moves them in two years when things don’t “work out.”

Posted by LivinLaVidaLockout on 01/29/13 at 06:14 PM ET

awould's avatar

I’d rather just see things work out. I know it would make a lot people feel badly who have been gleefully trashing the Phoenix hockey market, but it would actually be a good thing to have a team succeed in such a large market. Go hockey and all.

Posted by awould on 01/29/13 at 06:26 PM ET

LivinLaVidaLockout's avatar

I’d rather just see things work out. I know it would make a lot people feel badly who have been gleefully trashing the Phoenix hockey market, but it would actually be a good thing to have a team succeed in such a large market. Go hockey and all.

Posted by awould on 01/29/13 at 05:26 PM ET

As a Red Wings fan, it was eye-opening to look at StubHub prices for Red Wings away games - it provides an interesting view of the demand for a matchup that supposedly is a “seat-filler” in much of the Western Conference.  Vancouver games seemed to be highest with seats starting around $125, the Kings were interestingly low around $15 (the other California teams seemed to be higher), and Phoenix tickets were lowest starting at $6 for both matchups in Phoenix.  The last few years, Phoenix has been a very good team, and there still seems to be no interest.  And there may be other reasons these prices are low, especially with the slow start to the season, but if the Wings aren’t actually “filling seats” out West (and that was used as the reason I kept hearing the Wings had to stay in the conference), can we at least get out of the conference when realignment happens?

Posted by LivinLaVidaLockout on 01/29/13 at 06:42 PM ET

statelouis26's avatar

Sorry Coyote fans but the league’s expansion into Phoenix was a mistake.  The team has been losing money consistently as long as I can remember.  The team has only been kept afloat through public subsidy (which made little economic sense) and through league ownership.  Why other GMs are okay with sending the revenues to support this money pit is beyond me.  There should not be relocation but straight up deletion.  Too many teams.

Posted by statelouis26 from Detroit, MI on 01/29/13 at 07:09 PM ET

awould's avatar

but if the Wings aren’t actually “filling seats” out West (and that was used as the reason I kept hearing the Wings had to stay in the conference), can we at least get out of the conference when realignment happens?

I wouldn’t mind seeing the Wings move to the East Conference. Be really nice for the team to travel less. As for Wings tix prices, for a while Detroit and Pittsburgh were the only teams that got that extra surcharge. Then Chicago, and now I think it’s fairly common. I guess the market dictates it.

As for Phoenix, I’ve been defending them here for years now. Yes, fan support has been terrible. But it’s not fair to criticize the fan support without taking into account the conditions. The team moved here, was very popular for the first couple/few years. The arena sucked and the team wasn’t very good. Fan support lagged but wasn’t awful.

Then in a short period of time, the team sucked, then went bankrupt, then the economy tanked, several buyers came and went, the Goldwater Institute made it very political, and all the while the fans here are told the team is going to move. So yeah, fan support hasn’t been great, but what does anybody expect?

Phoenix was never a hotbed of hockey to begin with. It was always going to take a while to get hockey anchored here. They spent years at America West, which was terrible for hockey games. Then they got their new arena, which is a great place for hockey but in a terrible location in the city. But then the owner went BK and all went to sh*t. I’m not saying it will definitely work out, but it certainly could. And taking the position that hockey won’t work here because fans didn’t buy tickets right after they were punched in the face isn’t a fair assessment.

I said in another post, it’s like putting up a lemonade stand in a rain storm and then blaming the location when you fail to sell out. There are mitigating factors that must be taken into account.

Before everything tanked, they were getting around 85% attendance. Low, but not the lowest, and comparable to the weaker markets in the NHL from year to year. In 2006/07, they had 85% while Chicago had 62%. WTF. Guess hockey is just dead in Chicago. The team had sucked for a long time. Had an owner who didn’t seem to care. Had to compete against other major sports. Next year, 82% capacity. What happened was Bill Wirtz died, the team looked like they might be improving, and fans had hope again, so they bought tickets. Funny how that works.

Posted by awould on 01/29/13 at 07:19 PM ET

Avatar

I said in another post, it’s like putting up a lemonade stand in a rain storm and then blaming the location when you fail to sell out. There are mitigating factors that must be taken into account.

It’s more like putting up a lemonade stand in a place where it rains 90% of the time and anyone who can read a weather forecast would know it will continue to do so.

You don’t blame the rain, you blame the morons who decided to put the stand there in the first place thinking they could just ignore the weather.

85% attendance with some of the lowest ticket prices in the league is garbage.  ‘Hey look, we sold 85% of the seats we listed at 65% of league average!  Yay!’

So far this year Phoenix is the lowest-attended team in the NHL by a MILE.  Even if they started drawing at 85% tomorrow they’d still be the lowest drawing team in the NHL.

27th, 29th, 29th, 19th, 22nd, 24th, 29th, 29th, 30th, 29th, 30th, 30th.

That’s where Phoenix has been in attendance since 2000-2001.  There are no mitigating factors to explain that much dreck for that many years.  It’s just a suck hockey market.  Lots of other places would be too, but Phoenix is the one that actually has a hockey team.

Posted by HockeyinHD on 01/29/13 at 11:29 PM 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.

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