Kukla's Korner Hockey
Can The NHL Get The Coyotes A New Lease?
by Paul on 11/10/09 at 07:39 PM ET
Comments (0)
from the CP via TSN,
The NHL is thinking about trying to renegotiate the contentions lease agreement between the Phoenix Coyotes and the city of Glendale.
The league recently paid US$140 million to purchase the team out of bankruptcy and is currently looking for a new buyer. The Coyotes have a 30-year lease with Glendale—the suburban city where Jobing.com Arena is located—that potential bidders will likely find troubling.
NHL deputy commissioner Bill Daly says the league is considering trying to negotiate a better lease to make the team more attractive.
“It’s one possibility of moving toward resolution whereas now all of the potential purchasers have this big elephant in the room,” said Daly. “What’s the lease going to look like?”
Filed in: NHL Teams, Phoenix Coyotes, NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
Comments
Be the first to comment.
Add a Comment
Please limit embedded image or media size to 575 pixels wide.
Add your own avatar by joining Kukla's Korner, or logging in and uploading one in your member control panel.
Captchas bug you? Join KK or log in and you won't have to bother.
Commenting is not available in this weblog entry.
Most Recent Blog Posts
Rick Dudley Named Assistant GM In Montreal
A Slap On The Wrist For The Coyotes?
John Davidson Wants To Stay In St. Louis, But Will He?
Could The Canucks’ Dressing Room Be Divided?
Shane Doan Talks Handshake Line
Willie Mitchell Is No Longer Dreaming
About KK Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
Email Paul anytime at .(JavaScript must be enabled to view this email address)
Make extra cash while playing online poker. Rakeback is free and comes with rake races.
Kukla’s Korner is always a free service for readers, but it costs some money to maintain. If you’re ever in a position to donate a few dollars to help out, we’d be very appreciative.