Kukla's Korner Hockey
by Paul on 07/05/12 at 08:00 PM ET
from David Shoalts of the Globe and Mail,
Once again, threats to the sale of the Phoenix Coyotes are mounting, which means the NHL is facing some unappetizing choices over the future of the franchise.
A petition to overturn a city sales-tax increase was delivered to suburban Glendale city officials Thursday. It could torpedo Greg Jamison’s proposed purchase of the Coyotes from the league.
Another petition to put the lease for Jobing.com Arena, one that is to pay prospective owner Greg Jamison $324-million (all currency U.S.) over 20 years, to a public vote is due either Monday or July 16. The date is the subject of some legal wrangling between Glendale and the two taxpayers who are gathering signatures.
But if the petition is filed and upheld, then the lease approved by city council last month will go into limbo until November when it will be the subject of a referendum along with the sales-tax increase in the municipal election.
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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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