Herb Kohl Sells Bucks For $550M Kohl Praised For Dedication To Milwaukee Arthur Blank, Atlanta Officially Awarded MLS Team Raptors Unveil New "We The North" Campaign NBA Kings Reaping Benefits Of New Owners Franchise Notes Bruins, Celtics Headed In Opposite Directions Blues Ink Four Postseason Presenting Sponsors How Key NBA Storylines Played Out This Year Production Dips For Some NHL Clubs Post-Olympics
Upcoming Conferences and Events
SBD/November 28, 2012/Franchises
Glendale Approves Jobing.com Arena Deal, Paving Way For Jamison To Buy Coyotes
Published November 28, 2012
BIG STEP TOWARD STAYING: SPORTING NEWS’ Sean Gentille writes the decision is “the most definitive move yet to keep the Coyotes in Arizona with Jamison as their owner -- and out of, say, Quebec City.” Whether Jamison “actually has the funds necessary to pay the $170 million price tag” for the team “has been a point of contention for some time.” He “says he does, but that his investors' involvement hinged on the lease" (SPORTINGNEWS.com, 11/28). YAHOO SPORTS’ Greg Wyshynski writes of the deal, “For better or worse, this is as much a part of [NHL Commissioner] Gary Bettman's legacy as any of his lockouts.” It was a “personal crusade to thwart” prospective Owner Jim Balsillie, and then to “overcome the political obstacles in Glendale to justify the time and treasure it took to keep the Coyotes on life support.” If Jamison “closes the deal, it's a victory for Bettman." Based on "the expansion fees the NHL will suck out of Seattle and Quebec City alone, it might be a win.” Wyshynski: “Bottom line: The Coyotes appear close to remaining in Glendale, even if that's the 100,000th time we've written that statement in the last three years” (SPORTS.YAHOO.com, 11/28).