Glendale schedules meeting to explore possible termination of Coyotes lease agreement

[puckhead]

Take that, Mayor! (direct link to the Tube)

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[Brian in Mesa]

 

[ArizonaSportsFan]

I guess I don't understand the problem(s) involved here.

Glendale built the Arena - that is on them. They wouldn't have built it if they didn't want the Coyotes. Am I correct in this?


An arena needs management, for scheduling, day-to-day operations, and event management. Glendale did not want to manage the arena themselves, I guess? So they hired IceArizona to do it, and signed a contract to pay $15M per year for said management, for 25 years. Still correct?

Is getting $15M to manage a pro-type facility a lot of money? Why is/was this a "sweetheart deal", as I keep reading?

So, the Yotes are still the anchor tenant in GRA, but there was a vote to "fire" the management of said arena? Right? The Yotes have to pay the city to use the arena - but that number is never really specified anywhere, unless I am missing it.

Does Glendale now want to manage the arena themselves? Or do they think someone else will do the job for < $15M/year? Or do they think that by cancelling the management they now do not have to pay the mortgage on the arena?

I just don't understand what they are thinking. I guess the issue is not really the management, but how much the city is getting from all receipts at the arena? Which they built? Without pressure (i.e., being of sound mind)?

 

[puckhead]

Ah, the wonderful wolrd of Glendale politics and its intersection with hockey. My best guesses in red.

I guess I don't understand the problem(s) involved here.

Glendale built the Arena - that is on them. They wouldn't have built it if they didn't want the Coyotes. Am I correct in this?

Yes

An arena needs management, for scheduling, day-to-day operations, and event management. Glendale did not want to manage the arena themselves, I guess? So they hired IceArizona to do it, and signed a contract to pay $15M per year for said management, for 25 years. Still correct?

Yes

So, the Yotes are still the anchor tenant in GRA, but there was a vote to "fire" the management of said arena? Right?

Well, the vote was to pursue an option to terminate the lease agreement you mentioned above. They have directed counsel to begin this process. They have a statute in mind that they believe was violated and they're going for it.

Does Glendale now want to manage the arena themselves? Or do they think someone else will do the job for < $15M/year? Or do they think that by cancelling the management they now do not have to pay the mortgage on the arena?

They don't believe they were getting their money's worth so they're attempting to exploit some language in the contract to get out of the agreement.

I just don't understand what they are thinking....

It's definitely a gamble. Someone has convinced them this is their best option, but it could completely blow up in their faces.

 

[Covert Rain]

Screw Glendale. The Cards will eventually ask for a new stadium and if they think it's going up in Glendale again it's a pipe dream. They are trying to screw over the Coyotes and regardless of being different leagues, you better believe the Cards are taking notes. It sucks they moved all that out to Glendale anyway. It would be sweet to the see the D-Backs, Suns, Cards and Coyotes all be in close proximity. Probably not realistic but it would be cool.

I attend a number of games each year and make the trek. This seriously makes me think twice about throwing any money or spending money in Glendale. There is much in terms of competing entertainment dollars.

 

[BillsCarnage]

They need to build a statue of this woman! She was simply TREMENDOUS!!!!



http://www.azcentral.com/story/spor...-off-on-glendale-mayor-in-epic-rant/71061246/

That is this gal and good for her https://twitter.com/CenterIceSweety

What was USAC's old hockey seating; 15k-16k or so? Blackout the obstructed view end and the seating is about the Yotes avg, maybe a tad more. And, the location would likely equal a bump in tickets too

Hold down there for 5yrs and get the multi building done.

The problem with the CoG is that it was the old council that viewed Glendale as a sports mecha/destination. This one that has been getting voted in inherited a fluster-cluck to begin with. Not only is the CoG paying the Yotes $15mil per year they're also paying the mortgage on the arena - a double whammy for them. But, evidently the new group would rather be stuck with just the mortgage on an empty building and lose any associated tax revenue.

 

[crisper57]

Just remember the Mayor is a guy who continually puts himself above the people he serves. He is a Tea Party guy, which means he wants to kill government. Kinda hypocritical of someone who makes a living on the taxpayer dime, isn't it? So if he doesn't want to pay more taxes, he lashes out at the popular boogeyman, the sports facilities, to try and get his way.

It's his pattern. He places himself above the common good. For example:

http://archive.azcentral.com/commun...urity-barrier-capitol-get-better-parking.html

He moved parking barricades around the Arizona House of Representatives that were placed there to prevent an Oklahoma City style bombing. Why? Because he wanted to park closer. This guy is so arrogant, but not incredibly smart, which I guess makes him ideal for politics in AZ. Too bad people don't wise up and figure out the letter next to his name isn't the thing they should be voting on, but his track record of poor decisions.

 

[ArizonaSportsFan]

...
The problem with the CoG is that it was the old council that viewed Glendale as a sports mecha/destination. This one that has been getting voted in inherited a fluster-cluck to begin with. Not only is the CoG paying the Yotes $15mil per year they're also paying the mortgage on the arena - a double whammy for them. But, evidently the new group would rather be stuck with just the mortgage on an empty building and lose any associated tax revenue.

Sure, but who buys an arena and doesn't expect to pay to manage it? Either through receiving a smaller lease payment from the main tenant as they manage it, or by receiving a "normal" lease payment and paying someone to manage it? I just don't understand the color of their sky.
Who buys a house and expects it to be taken care of for them? Or better yet, who buys a duplex and expects that the tenants are going to take care of everything? If the lease doesn't cover the mortgage+expenses, you done screwed up. You can demand more, but the tenants will leave and now you get to pay the mortgage by yourself. The classic "cutting off your nose to spite your face" scenario.

 

[BillsCarnage]

You can demand more, but the tenants will leave and now you get to pay the mortgage by yourself. The classic "cutting off your nose to spite your face" scenario.

Exactly and that's what's going to happen to Glendale.

So some of you may have seen that Wiers is willing to get Tased for $10k to help the 100 club - generous of him.

However, I propose we start a Go Fund Me, or similar, and see how much $$ we can raise to taser the guy at $10k a pop. $100k would equal 10 tasings

Win-Win for everyone :-D

 

[ArizonaSportsFan]

That would be awesome, as long as he didn't see a dime of it. He is a politician, after all...

 

[puckhead]

Wondering how Westgate feels about the council's decision last night?

The statement, from Westgate Development Manager Jeff Teetsel, can be read in full below...

"We are disappointed with the direction chosen by the Glendale City Council last night. The City should recognize the positive contribution the Coyotes have made in the context of economic development, including the development of the Tanger Outlets Westgate in 2012, the addition of the Tanger Phase 2 in 2014, the Dave and Buster's now under construction as part of the Westgate Entertainment District and the application pending for the construction of a new hotel at Westgate. The combination of all this activity has produced well over 1,000 new permanent jobs, in excess of $200 million a year in annual sales for which the city now receives millions of dollars a year in annual recurring sales tax revenue, and millions of dollars in building permit fees to the City of Glendale. It is a shame that a majority of Glendale councilmembers fail to appreciate and consider the economic activity around the arena and direct financial benefit to the City."

http://ktar.com/22/1841689/Westgate-talks-Glendale-canceling-Coyotes-lease

 

[BillsCarnage]

The stupidity of this council over the last year or so has been epic; not just with the Coyotes.


My not so evil wish...

The Coyotes win the lawsuit and the CoG is forced to abide by the lease agreement.
The Coyote play out the next 3yrs in Glendale
A new NBA/NHL arena starts getting built in the next 3-5yrs
When said new arena is ready the Coyotes give the CoG the middle finger and move to the new arena.

And, I can get season tix again Haven't had them since they moved out of AWA

 

[puckhead]

So, one of the goals of becoming a sports destination in the valley was to change the perception that Glendale was a one-horse town akin to Mayberry with a bunch of local yokels running the city.

Looks like a really good use of tax dollars now, huh?

 

[FArting]

Leblanc was on all 3 shows.

 

[82CardsGrad]

The stupidity of this council over the last year or so has been epic; not just with the Coyotes.


My not so evil wish...

The Coyotes win the lawsuit and the CoG is forced to abide by the lease agreement.
The Coyote play out the next 3yrs in Glendale
A new NBA/NHL arena starts getting built in the next 3-5yrs
When said new arena is ready the Coyotes give the CoG the middle finger and move to the new arena.

And, I can get season tix again Haven't had them since they moved out of AWA

Would LOVE to see this play out!!!!!

 

[ajcardfan]

That is this gal and good for her https://twitter.com/CenterIceSweety

What was USAC's old hockey seating; 15k-16k or so? Blackout the obstructed view end and the seating is about the Yotes avg, maybe a tad more. And, the location would likely equal a bump in tickets too

Hold down there for 5yrs and get the multi building done.

The problem with the CoG is that it was the old council that viewed Glendale as a sports mecha/destination. This one that has been getting voted in inherited a fluster-cluck to begin with. Not only is the CoG paying the Yotes $15mil per year they're also paying the mortgage on the arena - a double whammy for them. But, evidently the new group would rather be stuck with just the mortgage on an empty building and lose any associated tax revenue.

I have really supported the Coyotes and every effort they have made to stay here. But, I honestly would not blame them AT ALL, if they took this opportunity to shop themselves to the cities that would snap them up if given the chance.


The silver lining, is if they could get out of that Glendale arena and move back downtown with the Suns. As many, many people have said, it's one thing to have 10 NFL games out there, it's a whole nother problem to try and get people to travel that far from the east side 41 times a season.

 

[chickenhead]

Honestly, the whole saga for 20 years is just a shame. The NHL in the 90s was a speculation industry--a bubble economy for deal-makers that drove the opportunity cost higher than markets like Winnipeg, Quebec, and Hartford could afford at the time. And though Phoenix could afford the opportunity cost, by the lockout it's not like the Coyotes were in any better shape. The me-too mentality of cities is a gold mine for developers, of course, and that is literally what the Coyotes have been a servant of for their entire Arizona existence. Metro Phoenix was not crying out for hockey, and especially not Glendale--but if there's money to be made building an arena and Westgate, who cares if they bust?

This is nothing against the team itself or the supporters: I have endless affection for fans in tough circumstances. For their sake, hopefully the Coyotes can share an arena with the Suns downtown, especially if it helps the Suns stay downtown. The Coyotes are always going to face an uphill climb, though.

 

[Kel Varnsen]

The stupidity of this council over the last year or so has been epic; not just with the Coyotes.


My not so evil wish...

The Coyotes win the lawsuit and the CoG is forced to abide by the lease agreement.
The Coyote play out the next 3yrs in Glendale
A new NBA/NHL arena starts getting built in the next 3-5yrs
When said new arena is ready the Coyotes give the CoG the middle finger and move to the new arena.

And, I can get season tix again Haven't had them since they moved out of AWA

Moving the Coyotes back to a well-run city would fix so many issues. Plus, we wouldn't have to feel bad for Glendale, either. Win/Win.

 

[82CardsGrad]

Phoenix Mayor Greg Stanton was on Doug & Wolf this morning and confirmed that the city has been contacted by the Coyotes and "preliminary" discussions have started. ALSO, Mayor Stanton confirmed that the city has begun initial discussions with the Suns/Mercury regarding the potential of a new arena.
IMHO, the Coyotes should drop their fight with Glendale and instantly move to US Airways Arena for the next 2 years or so, while a new home for the Suns and Coyotes, AND potentially ASU's new D-1 hockey team, is being built!

 

[puckhead]

Phoenix Mayor Greg Stanton was on Doug & Wolf this morning and confirmed that the city has been contacted by the Coyotes and "preliminary" discussions have started. ALSO, Mayor Stanton confirmed that the city has begun initial discussions with the Suns/Mercury regarding the potential of a new arena.
IMHO, the Coyotes should drop their fight with Glendale and instantly move to US Airways Arena for the next 2 years or so, while a new home for the Suns and Coyotes, AND potentially ASU's new D-1 hockey team, is being built!

I see a future that includes the city being sued for multi-millions and no anchor tenant in GRA, and still servicing the debt on the empty arena with no manager, and still sending 10+ millions to Camelback Ranch, and watching Westgate become a ghost town except during Cards games. Who really thinks that Westgate can survive on football season alone?

All the while the Coyotes return home to Phoenix proper and enjoy a brand new multi-sport facility as described above.

One probably shouldn't pull the pin on a grenade if your hands are covered in superglue.

 

[FArting]

Ronda was on Bickley and Marotta yesterday.

Bickley asked her how she became a fan of the Coyotes.

She lived in Boston grew up as a Bruins fan.

When she moved to Arizona she would root for the Bruins and Coyotes. She only roots for the Coyotes now.

 

[82CardsGrad]

I see a future that includes the city being sued for multi-millions and no anchor tenant in GRA, and still servicing the debt on the empty arena with no manager, and still sending 10+ millions to Camelback Ranch, and watching Westgate become a ghost town except during Cards games. Who really thinks that Westgate can survive on football season alone?

All the while the Coyotes return home to Phoenix proper and enjoy a brand new multi-sport facility as described above.

One probably shouldn't pull the pin on a grenade if your hands are covered in superglue.

I see nothing wrong with that scenario... You reap what you sow. Glendale peeps, you voted for this Mayor and the Councilmen. They seem bent on destroying your fine city.

 

[puckhead]

I see nothing wrong with that scenario... You reap what you sow. Glendale peeps, you voted for this Mayor and the Councilmen. They seem bent on destroying your fine city.

Yeah, not all of us voted for these maniacs.

But your conclusion is still accurate.

 

[82CardsGrad]

Yeah, not all of us voted for these maniacs.

But your conclusion is still accurate.

Sorry about that buddy... I hate that about our system as so often, we citizens end up with leaders whom we would never consider to be suitable for office. This Mayor and the council seem particularly awful though.

 

[Brian in Mesa]

Arizona Coyotes file restraining order against City of Glendale

http://www.abc15.com/sports/sports-...le-restraining-order-against-city-of-glendale

The Arizona Coyotes have filed a restraining order against the City of Glendale after cancellation of the arena lease.

The team made the announcement in a press release on Friday afternoon.

The organization released the following statement : “The Arizona Coyotes have acted to defend their rights and reaffirm their continuing commitment to their great fans by seeking a restraining order to stop the City of Glendale's baseless attack on, and improper attempt to void, the Coyotes' lawful and proper lease to play at Gila River Arena.”

The restraining order comes several days after the City of Glendale voted to cancel the area lease with IceArizona and the Coyotes.