It’s been a long time coming for the fans of the Phoenix Coyotes, but they may actually be close to having a deal worked out with an owner intent upon keeping the team in Glendale, Arizona. Chicago-based financier Matthew Hulsizer is apparently very close to locking down a deal with the City of Glendale and the NHL to purchase the Coyotes and according to the Winnipeg Free Press, the ball is now in the court of the NHL Board of Governors to finalize the process.
“The City of Glendale and the Hulsizer Group have reached an agreement in principle on the lease that would allow the Hulsizer Group to purchase the Coyotes from the NHL under the terms they requested,” said Glendale spokesperson Julie Frisoni. “The provisions of the deal are subject to formal approval by the NHL board of governors.”
The purchase price is said to be US $165-million with a Nov. 30 closing.
“It appears that significant progress is being made. We’re certainly hopeful that we are moving toward a conclusion that will assure the Coyotes’ long-term future in Glendale,” NHL deputy commissioner Bill Daly told the Free Press.
The sale price would give the NHL a net gain after the league bought the team for $140 million out of bankruptcy. While we’ve been through this whole dance before a couple of times concerning the Coyotes, this situation doesn’t appear to be mired in dealing with bureaucratic paperwork like Memorandums of Understanding. The Coyotes have had MOUs with Chicago sports owner Jerry Reinsdorf as well as Ice Edge Holdings. With Hulsizer in place and with money immediately ready to plunk down on the team, it appears that things a lot further along than they have been with either Reinsdorf or Ice Edge.
This entire mess began when former owner Jerry Moyes tried to go around the sale process with the NHL by selling the team to James Balsillie, wherein Balsillie would then move the team to Hamilton, Ontario to play at Copps Coliseum. If things can get worked out with Hulsizer, the NHL, and the City of Glendale on working out a new lease at Jobing.com Arena, a lease that makes it very costly for anyone to move the team out of the area.
If things can’t get officially worked out and completed with Hulsizer, the future of the Coyotes in Glendale will go back up in the air and with the real threat of having a new owner that wishes to move the team out of Arizona (like True North from Winnipeg would like to do) coming in and taking over. As of now, should things with Hulsizer work out the NHL is hoping to have everything taken care of by the end of November. As always with the Coyotes ownership dealings, waiting for all the T’s to be crossed and the I’s to be dotted is the best way to handle any news here, but at the moment, it appears that Coyotes fans’ ongoing nightmare may be over.
Lawson Crouse has joined a talented group of young forwards in Arizona, after the Coyotes acquired the 2015 first-round pick from the Florida Panthers on Thursday.
The Coyotes had to take on the contract of injured forward Dave Bolland, but in their minds, it was worth it to get a player like Crouse, who certainly brings size up front at six-foot-four-inches tall and 212 pounds. He had 23 goals and 62 points in 49 games this season with Kingston in the OHL.
“He’s a unique guy because usually when you add a guy with the type of size he has you usually give up a little bit in skating or you give up a little bit in skill,” said general manager John Chayka, as per the Coyotes website.
“He’s a guy that you add the size and he actually enhances that for your entire group. In our opinion, it was a guy that’s rare to find, difficult to obtain. Certainly, once they become established in the league, those players are locked up well into their 30s and then you end up trying to maybe overpay for a player that has these attributes that’s not in the prime of his career.”
Crouse, who turned 19 years old in June, now joins the likes of Max Domi, Dylan Strome and Anthony Duclair as part of Arizona’s group of up-and-coming young forwards. He has familiarity with all three from playing in the OHL or for Team Canada at the world juniors.
“He can fly. He’s fast and he hits and he scores goals. You kinda get the total package,” Strome told Sportsnet.
There’s been another possible development in the search for a team name for the Las Vegas NHL franchise.
The Las Vegas ‘Desert Knights’ could perhaps be a thing.
From the Las Vegas Review-Journal:
Last week domain names were registered that might be an indicator that the NHL team scheduled to begin play in 2017 could be called the Las Vegas Desert Knights.
Last week the domains lasvegasdesertknights.com, vegasdesertknights.com and desertknightshockey.com were privately registered to Moniker Privacy Services, which is the same company that procured the domain name to NHL.com.
DetroitHockey.net first reported the new domain name Thursday morning.
Foley said via text message he had no comment regarding the process when reached by the Review-Journal.
As the Las Vegas franchise continues to hire key members for its hockey operations department, there is growing intrigue when it comes to the search for a new name.
What will this new franchise be called?
The wait continues, and there has been a lot of space dedicated to speculating and discussing the possibilities.
It’s been reported that the expansion franchise could use one of at least three ‘Hawks’-orientated names. Owner Bill Foley also said this summer that Las Vegas can’t use a ‘Knights’ nickname is Canada, because London’s OHL franchise was also named the Knights.
Stay tuned . . .
Scott Luce has gone from the Florida Panthers to the Las Vegas expansion franchise.
The new NHL organization — still searching for a team name — announced Thursday that it has hired Luce as its new director of amateur scouting.
Luce spent the last 14 years in Florida, as a scout and as director of player personnel.
Luce was let go earlier in the offseason, as the Panthers underwent massive change within their front office, with the promotion of Dale Tallon to president of hockey operations and Tom Rowe to GM, and more attention to analytics.
After announcing the hiring of Jared Bednar as their next head coach, the Colorado Avalanche have brought in forward Rene Bourque on a professional tryout, according to James Mirtle of the Globe and Mail.
Bourque became an unrestricted free agent at the beginning of July, after his six-year contract worth a total value of $20 million expired. The annual cap hit on his previous deal was $3.333 million.
He spent last season with the Columbus Blue Jackets, scoring three goals and eight points in 49 games. He was placed on waivers at the end of February.
During the 2014-15 campaign, he spent time with the Montreal Canadiens, Anaheim Ducks and the Blue Jackets, before a back injury sidelined him for the remainder of that season.