The city agreed to pay the NHL, which currently owns the team, $25 million a year for two years to manage the arena. The city raised most of the money by giving itself loans from various city funds. The City Hall lease deal would allow the city to pay back the funds.
However, NHL executives have offered to accept the last $25 million fee in installments over five years if the city approves the Renaissance package, Sherwood said.
Meanwhile, the City Council will continue its talks with prospective Coyotes owners Renaissance Sports and Entertainment.
Renaissance is hoping to receive $15 million a year to manage Jobing.com Arena. The City had only budgeted for $6 million, but Renaissance might provide the city with a portion of the possible profits, including parking revenue, to help make the deal work.
The obvious x-factor is that the size of those potential reimbursements would be dependent on how successful Renaissance is in drawing fans to the Coyotes’ games and other events.
“We’re still going back to them,” Councilman Gary Sherwood said. “We’re still not satisfied with what we have, so the whole mix can change.
“If they offer something else up, maybe they take something else off the table, so it’s not even fair to say what we’ve agreed to. We’re still not satisfied that we have enough of our risk covered.”
The Council will hold a private session on Friday about the matter.
The Rangers are getting ready for their second straight matinee game on Saturday, but head coach Alain Vigneault wasn’t done addressing yesterday’s loss to the Bruins.
After Friday’s game, Bruins coach Claude Julien wasn’t pleased with Henrik Lundqvist‘s “acting” that led to a goalie interference penalty being called on forward Brad Marchand (above) and he let everyone know it in his postgame press conference.
On Saturday, it was Alain Vigneault’s turn to lash out.
“Well, (the Rangers public relations staff) filled me in a little bit on what was said after the game,” Vigneault said via the New York Daily News. “I mean it’s a little disappointing. Obviously everybody saw the knee to the head. The comments on Hank were very inappropriate. The way Hank conducts himself, on the ice, away from the rink, off the ice, the example that he sets. Who would you rather have as a son, Henrik Lundqvist or Brad Marchand? For him to say things like that about Hank, totally wrong, and probably Claude is getting a little older and needs to check his eyesight.”
The Rangers will take on the Flyers at 1:30 p.m. ET on Saturday.
Dubinsky to have hearing for cross-check on Crosby
As you can see in the above video, Dubinsky delivers a two-handed cross-check to Crosby’s neck, so the fact that he’s getting a hearing is no surprise.
“There’s no secret. I try to play him as hard as I can,” said Dubinsky. “That being said, I don’t try and do anything dirty. I felt like my stick ride up his back a little bit. He’s kind of bent over there in front. But again, that’s not the type of player I am. I’m going to play hard, but try and play fair and play in between the whistle.”
Crosby isn’t willing to give Dubinsky the benefit of the doubt.
#Pens Crosby on Dubinsky hit: I'm OK. I'm not surprised. If I was going to get one of those shots, it was going to be from him -SK
It looks like the Canadiens will be without star goaltender Carey Price for the next month, per RDS.
“We still don’t know what the nature of the injury is, but we’re convinced it’s his right knee,” hockey analyst François Gagnon said on a french television show on Friday. “The Canadiens are preparing for him to be out for more than a week. They’re preparing for him to be out for a month.”
Price missed nine games with a lower-body injury between Oct. 30 and Nov. 19.
The 28-year-old won all three of his starts since returning, but he was forced from Wednesday’s game against the Rangers leading some to believe he came back too soon.
After Friday’s win over the Devils, Michel Therrien denied the validity of the report.
Michel Therrien (Translated from French) on report that Price likely out for a month with right-knee injury: pic.twitter.com/bEGnQf6ekT