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JETS STUCK ON RUNWAY; BETTMAN TO MEET ON CANADA'S FUTURE
Published May 2, 1995
The May 1 Midnight deadline came and went as Jets President Barry Shenkarow agreed to a Canadian federal government request to delay any decision on the future of the team, according to the Toronto GLOBE & MAIL. The government has called for a meeting with NHL Commissioner Gary Bettman to discuss the future of the league in Canada. That meeting, to be held today in Toronto, will focus on how small-market teams such as the Jets and Nordiques can survive (David Roberts, Toronto GLOBE & MAIL, 5/2). Shenkarow "stopped short of saying the franchise is for sale to all bidders, including groups from Minnesota. He said, however, after two days of continuous and torturous talks, the Manitoba Entertainment Complex 'didn't have a deal they could put together.'" Shenkarow: "I don't know if there's anything the federal government can do" (Jay Weiner, Minneapolis STAR TRIBUNE, 5/2). MEC spokesperson John Loewen, whose group is trying to buy the team and build a new arena, said they are "still concerned about whether it's feasible to buy the Jets and build a new arena to keep the team in Winnipeg" (CP/Vancouver PROVINCE, 5/2). WAIT A MINUTE: "The stay in proceedings came as a group called 'Thin Ice,' which opposes public funds for an arena, issued a scathing analysis of a proposed financing deal" for a new Jets arena. The group counters claims that only C$40M in public funds would go toward the arena, arguing that taxpayers will have to pay C$131M in cash and loan guarantees and nearly C$8M a year thereafter to help sustain the arena and the Jets. The analysis was done by the economics departments at the Universities of Brandon and Manitoba (Toronto GLOBE & MAIL, 5/2). FROM ONE WHO KNOWS: Minnesota's KFAN radio got the rights to carry tonight's Jets-Kings game. KFAN Program Dir Mark Ginther said he told his counterpart at Winnipeg's CJOB when he first inquired: "I hate to do this." Ginther told him that Minnesota "have been through" what Winnipeg is experiencing now, and said that the Winnipeg radio exec "was very gracious" (Minneapolis STAR TRIBUNE, 5/2).