Posts tagged “phoenix coyotes lease agreement

Approved lease agreement provides relief for Glendale, Coyote fans


The Phoenix Coyotes could be in the desert for another 20 years after a lease agreement was reached this week. Photo by: M P R / Flickr

BY BRETT MURDOCK, Couchsideshow.com blogger

May 5, 2009 and November 27, 2012. Two separate dates that in the 3 years, 6 months and 23 days in between spawned years of turmoil, uncertainty, cheap shots, internet arguments, and countless other immature, childish and un-endearing incidents.

I’m of course talking about the Phoenix Coyotes and their recent struggles off the ice. The two dates are very closely related. The May 5 date is when then-team owner Jerry Moyes plunged the financially-troubled franchise into bankruptcy and created a maelstrom of everything listed above. Fast forward to the November 27 date and the dust has now appeared to settle after the City of Glendale approved a 20-year lease agreement with prospective, and likely, owner Greg Jamison, hopefully ending years of unpredictability.

Its amazing that it took just over three-and-a-half years for a professional sports team to finally be on the brink (and not yet) sold, but the situation with the Coyotes was not exactly what one would call normal. First off, Arizona, mainly the Phoenix-Metro is not exactly a hockey hotbed due to the desert climate. Secondly, the NHL were caught up in numerous legal battles with Moyes, previous Blackberry CEO Jim Balsillie (who wanted to move the team to Canada way back in 2009), the hacks at the Goldwater Institute (a watchdog group with an interest to protect taxpayers, but yet weren’t elected…). Third, potential deals with sports mogul Jerry Reinsdorf (owner of Chicago’s Bulls and White Sox), the Ice Edge Holdings group (still a laughingstock on numerous message boards) and Matthew Hulsizer (who actually had an agreement ready to go, but was summarily blocked by the aforementioned Institute) collapsed faster than the WWE SmackDown ring when Brock Lesnar superplexed Big Show in 2002 (see below).

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