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SBD/March 8, 2011/Franchises
Glendale Decides Not To Take Legal Action Against Goldwater Institute For Now
Published March 8, 2011
NOT BACKING DOWN: Goldwater CEO Darcy Olsen said that the watchdog group is "not interested in shuffling off the stage to allow Glendale to participate in a sale" of the Coyotes to Hulsizer. Olsen: "Let me be clear: the Goldwater Institute will not stop this investigation" (WINNIPEG FREE PRESS, 3/8). In Phoenix, Laurie Roberts writes, "What is going on is that Glendale is desperate to avoid becoming the proud owner of an eight-year-old white elephant -- one the city (taxpayers) borrowed $180 million to build. Glendale's leaders predict the economy will take a $500 million hit over next 25 years if the Coyotes skate to Winnipeg, Manitoba. The problem is, that's not a valid reason to hand over $197 million to the team" (ARIZONA REPUBLIC, 3/8). Daly wrote in an e-mail yesterday, "I don't anticipate a lawsuit brought by Glendale (to the extent one is filed) will ultimately have any impact on how the franchise issue plays out." YAHOO SPORTS' Nicholas Cotsonika noted if the Coyotes leave Arizona, the NHL "would lose the 12th-largest TV market in the United States at a time when it is working on a new deal for American television." But Daly wrote that the Coyotes' potential move "would not have 'any impact on our ongoing television negotiations' and the topic had not even been raised in discussion" (SPORTS.YAHOO.com, 3/7). Meanwhile, the CBC's Elliotte Friedman noted the NHL has done "several detailed analyses" of the Winnipeg market. Sources said that the league "estimates revenues of approximately" $70M per season, which would be the "lowest among Canadian teams" (CBC.ca, 3/7).