Just days after laying off 49 employees to help close a $35 million budget shortfall, the City of Glendale has reportedly included a $17 million fee to manage Jobing.com Arena, payable to Phoenix Coyotes prospective owner Greg Jamison, in its proposed preliminary budget.
City council will vote on the preliminary budget Tuesday, and by all indications it will be approved.
From The Arizona Republic:
Four of seven Glendale council members have said they see the $17 million management fee as a placeholder in the city’s budget. The city must manage the arena whether the Coyotes stay in Glendale or not, and if a deal is not reached with Jamison, the budgeted amount allows the city to put arena management up for bid.
The four council members say they see the $17 million as a reasonable cost based on information city staffers have provided and that keeping the Coyotes in Glendale is crucial for the city’s economic future.
Vice Mayor Steve Frate said he feels comfortable approving the fee in the preliminary budget because it won’t be effective until council sees a finalized deal. He expects one soon.
I’d be interested to know the information city staffers used to deem the $17 million a “reasonable cost” to manage an arena. Not because I don’t think it is – I have no idea if it is or not. I’ve never owned an arena. But if it’s not, the Goldwater Institute could claim it violates the state’s gift clause and make a stink about it.
It seems there will be no NHL comeback attempt by Alex Semin. At least not in 2016-17.
Instead, Semin has inked a one-year extension with Magnitogorsk Metallurg, according to Sport-Express writer Igor Eronko.
At 32 years old, Semin still could have a lot of years left in him as a professional hockey player, but at this point it wouldn’t be surprising if he has played in his last NHL game. Early in his career his talent was clear and demonstrated by some great showings offensively, but he was plagued by inconsistency. In recent years though, he wasn’t so much inconsistent as he was underwhelming.
After being limited to six goals and 19 points in 57 games with Carolina in 2014-15, the one-time 40-goal scorer was bought out of his five-year, $35 million contract just two seasons into it. Montreal took a chance on him for 2015-16, but he only appeared in 15 games with the Canadiens before they put him on unconditional waivers on Dec. 9.
He’s fared better in the KHL though, with five goals and 14 points in 20 regular season games followed by another seven markers and 15 points in 23 playoff contests.
PHT’s Morning Skate takes a look around the world of hockey to see what’s happening and what we’ll be talking about around the NHL world and beyond.
Among the 21 NHL.com and NHL Network experts offering their prediction for the Stanley Cup Final, 17 of them are choosing the San Jose Sharks. (NHL.com)
The majority of ESPN’s experts are also picking the Sharks. (ESPN.com)
For CBS Sports, Adam Gretz and Chris Peters are split on the outcome. (CBS Sports)
Tickets for the first Stanley Cup Final in San Jose appear to be going for significantly more than their Pittsburgh Penguins counterparts. (Pittsburgh Post-Gazette)
Inspired by John Scott‘s comments, here’s the start of a World Cup All-Snubs’ team. (TSN)
Peter DeBoer said that then New Jersey Devils GM Lou Lamoriello fired him from the Devils’ head coaching job late at night on Christmas. The news then broke on Dec. 26. (Tom Gulitti)
The Pittsburgh Penguins are Vegas favorites to win the 2016 Stanley Cup, but the odds lean toward a San Jose Sharks player capturing the Conn Smythe.
Bovada released a variety of odds on Sunday after others surfaced on Friday.
Joe Pavelski is pegged as a +400 favorite as a winner, edging some other top candidates such as Sidney Crosby, Phil Kessel and Matt Murray.
Here’s the full list:
Logan Couture +500
Martin Jones +600
Brent Burns +700
Joe Thornton +900
Evgeni Malkin +900
Kris Letang +1400
Bovada also released prop bets, including how long the series might last. Check that out here.