The Phoenix Coyotes’ potential new owner Greg Jamison doesn’t think the Phoenix Coyotes should exist anymore. Instead, he might want them to be called the Arizona Coyotes, as the City of Glendale’s latest team sale proposal reveals.
The Arizona Republic’s Lisa Halverstadt does all that fancy legal document reading for us:
The agreement would have Glendale pay roughly $300 million in arena management fees to a group led by former San Jose Sharks chief executive Greg Jamison and another $24 million in capital funding over the course of the 20-year deal.
During the course of the agreement, Glendale would likely receive more than $14 million in rent and millions of dollars more from surcharges on each ticket.
Eye on Hockey’s Brian Stubits further disseminates information from those documents, arguing why this new proposal has a better chance of passing the Goldwater Institute’s sniff test. (As you may remember, the Goldwater Institute’s threat of a lawsuit essentially derailed the Coyotes’ most recent flirtation with a sale.)
The general takeaway is that this deal echoes the theme of this situation: the City of Glendale believes that it is better off with the Coyotes playing in Jobing.com Arena – or whatever it might end up being called – then not. The city looks to make concessions with the team while also satisfying the Goldwater Institute’s goals of protecting the city (and its population) from itself.
There’s still quite a ways to go. The city council is expected to “get a public update of the proposed deal” on Thursday while a vote hasn’t been planned yet, according to Halverstadt. If you want to find out the “main points” of the new deal, check out this PDF from the city.
Last night, we passed along news that veteran d-man James Wisniewski — acquired from Carolina at the draft — suffered what looked to be a serious injury just 47 seconds into his ‘Canes debut, and was ruled out for the remainder of the night.
Now, he’s been ruled out for a lot longer than that.
From the club:
Ron Francis, Executive Vice President and General Manager of the National Hockey League’s Carolina Hurricanes, today announced that defenseman James Wisniewski will undergo surgery on his left knee after suffering a torn anterior cruciate ligament (ACL) during Thursday night’s game in Nashville.
Recovery time for the injury is estimated at six months.
This is, obviously, a tough development for both player and club. The ‘Canes were counting on Wisniewski to be a regular contributor on defense this year, and help improve last year’s middle-of-the-pack power play.
Wisniewski, meanwhile, was looking to bounce back from a disappointing ’14-15 campaign. He was shipped out of Columbus at the deadline to Anaheim but never made an impact for the Ducks, failing to see any playoff action as Anaheim made it all the way to the Western Conference final.
Two days after an uninspiring performance versus San Jose, the Los Angeles Kings will be getting an injection of youthful enthusiasm tonight versus Arizona.
Coach Darryl Sutter confirmed today that Jordan Weal will make his NHL debut at Staples Center.
A 23-year-old center, Weal is expected to replace Andy Andreoff and skate between Kyle Clifford and Jordan Nolan on the fourth line.
“It’s really exciting,” Weal told LA Kings Insider. “A lot of work has gone into getting to this part of my career, and the hard work’s just going to continue. It’s going to keep going, and I’m trying to do as much as I can in this game and keep improving from this game moving forward in trying to solidify a solid spot in the lineup.”
The 70th overall pick in 2010, Weal had 69 points in 73 games last season for AHL Manchester.
Related: Jordan Weal is looking to make the leap