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SBD/March 4, 2011/Franchises
Officials Urge Goldwater Not To Sue Over Hulsizer's Coyotes Deal
Published March 4, 2011
TRYING TO KEEP THE PEACE: ESPN.com's Scott Burnside reported the NHL has "hired a consultant, John Kaites, to work with the Goldwater people to find some common ground on how the lease deal with Hulsizer might get worked out and allow Hulsizer to buy the team from the NHL." Kaites worked with White Sox and Bulls Chair Jerry Reinsdorf "on his failed bid to buy the Coyotes." Sources described the Goldwater role "as delaying and interfering as opposed to proactive and helpful." Glendale officials believe that the loss of the team "ultimately would cost the city and its taxpayers $510 million." Burnside: "If the Goldwater Institute is really about protecting the rights of taxpayers, wouldn't you think it would want to work with the city of Glendale to avoid that kind of devastating loss?" (ESPN.com, 3/3). The GLOBE & MAIL's Stephen Brunt writes Goldwater "may not even need to sue to make its point." Brunt: "Simply by declining to say that it won't -- and refusing to put a timetable on any final decision -- it has made the bond issue an extraordinarily risky proposition" (GLOBE & MAIL, 3/4).