Now that the Phoenix Coyotes have new owners, they’re looking forward to helping establish the team’s hold in the desert. Of course, that won’t stop some from looking at the five-year out-clause IceArizona has.
As Coyotes Chairman and Governor George Gosbee tells The Canadian Press, they have no plans or intent to move it or lose it.
“It’s frustrating for me because for this exit clause to kick in, we have to lose $50 million and that’s not something I want to do,” Gosbee said. “We came into this to build a successful organization in Phoenix and that’s our plan. We have no plans of relocating anywhere else and we have no plans to lose $50 million, I can tell you that.”
Well that’s a relief!
Snark aside, it’s good to know Gosbee and Anthony LeBlanc along with rest of the IceArizona group know what they’re getting into. The job they’ve got to do to further inspire fans to come out to Glendale won’t be easy. Or maybe it will be if fans were merely staying away because they didn’t want their hearts ripped out if the team moved.
The best thing they can do is make sure they ice an entertaining and competitive team.
Related: Don Maloney happy to lead Coyotes into the future
Now that the Phoenix Coyotes are no longer wards of the NHL, it’s time to get to know the group of businessmen who jumped in to save hockey in the desert.
The 10-man group called IceArizona is headed up by team Chairman and Team Governor George Gosbee. He was the guy who helped spearhead the group in rallying together to buy the franchise. Gosbee was thrilled about seeing the purchase finalized.
“We are extremely pleased to have finalized the transaction with the NHL and to take ownership of the Coyotes franchise,” he said.
Joining him are Anthony LeBlanc and Daryl Jones, former members of the Ice Edge Holdings group who attempted to purchase the team two years ago. LeBlanc as well is ecstatic to finally own the Coyotes.
“Our ultimate goal is to bring a Stanley Cup championship to our tremendously resilient, passionate and dedicated fan base here in the Valley. We have a lot of work to do and we can’t wait to get started,” LeBlanc said.
Rounding out the group of 10 are: Avik Dey, Gary J. Drummond, W. David Duckett, W. R. Dutton, Robert Gwin, Scott Saxberg, Craig Stewart, and Richard Walter. You search engine wizards can have fun looking up who they are.
It wouldn’t be summer until we’ve had a buyer approved for the Phoenix Coyotes.
TSN’s Darren Dreger reports the NHL has confirmed they have an agreement with George Gosbee’s Renaissance Sports & Entertainment group to purchase the ownerless franchise.
Does that mean the now four-year old struggle to sell the formerly bankrupt franchise is at an end? No.
There are still many issues left to be figured out yet including a lease agreement for Jobing.com Arena with the City of Glendale. That part of the arrangement has been the major sticking point for previous buyers including Jerry Reinsdorf, Ice Edge Holdings, and Matthew Hulsizer. Greg Jamison had a deal worked out with the city only to fall short of coming up with the money to purchase the team.
We told you here last night the NHL was sharing an ownership plan with the city on Tuesday and Gosbee’s group will be the ones to likely take part in that. The cost of what it takes to run the arena figures to be a huge issue as the city is strapped for cash and cannot afford to pay out in a big way to do that. If there’s traction there, the sale may actually happen.