Here we go again: Matthew Hulsizer drops bid to buy the Phoenix Coyotes

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Winnipeg might have a new team, but the ongoing saga in Arizona with the Phoenix Coyotes continues on into an embarrassing situation.

Phoenix Business Journal reports today that prospective buyer, Chicago businessman Matthew Hulsizer, is dropping his bid to buy the team from the NHL.

Mike Sunnucks has the report from the desert where the circus side show in how not to sell a team rolls onward.

The official, who asked not to be identified, said the Hulsizer ownership group did not want to go through another several-month process of Glendale trying to sell the Coyotes to their group or other potential owners.

Sources familiar with the deal said late last week that Glendale was talking to Hulsizer and two other potential owners: Chicago Bulls and White Sox owner Jerry Reinsdorf and another unnamed group.

Rewind back to two summers ago and you’ll remember when Jerry Reinsdorf was initially brought in to be the savior of hockey in the desert. Reinsdorf seemingly feigned interest in doing so just to help move the calendar along and open the door for Ice Edge Holdings to step in and try to do their part and buy the team. Of course, Ice Edge Holdings couldn’t come to a deal and while they spun their tires in the sand, that bought time for Matthew Hulsizer to move in.

Hulsizer’s actions made fans and members of the City of Glendale city council feel overjoyed and excited to have a guy that cared about the team and wanted to see them stay in Arizona… At a price. Hulsizer was willing to put up close to $100 million of his own money to buy the team, but with the cost of debt rising for the team being owned by the NHL, so did the price to purchase the foundering organization.

With the price of the team jumping up to more than $190 million Hulsizer sought help from the City of Glendale to buy the team in the form of $100 million in a parking plan for the Westgate City Center that would see that cost slowly paid out over the years. That plan, however, has been challenged endlessly by the Goldwater Institute as they viewed it a violation of the state’s gift clause. With that plan tabled and more hoops to jump through for Hulsizer, he’s on the way out and potentially looking at other buying opportunities. With the St. Louis Blues in need of new money and New Jersey Devils looking for a new minority investor in the team, Hulsizer will have better chances there.

With the Coyotes back at square one once again and their future in doubt, there’s one bit of solace Coyotes fans can take out of this: There isn’t an immediate outside buyer for the team that’s looking to grab the team and move them out of Arizona. With True North now owning the Winnipeg Jets, formerly the Atlanta Thrashers, there’s no immediate pressure to get something done. If there are no buyers, the pressure is on the NHL to find them be they interested in staying in Arizona or not. Right now, Glendale will go back to Reinsdorf to see if he can save them. The amount of stock you can put into believing the part about a “mystery buyer” with interest is about as believable as a fairy tale.

This situation in Phoenix is a disaster and the fact that Hulsizer is out after the City of Glendale opted to pony up $25 million for the second year in a row based upon their faith that Hulsizer would get a deal done is embarrassing all around. The Glendale City Council comes off looking like a band of fools, Hulsizer looks bad even though it’s more on the City of Glendale for running him around with nonsense, and once again Coyotes fans are left holding the bag and having to continue worrying about what’s going on with their team. While there’s no reason to fret about the team leaving this time, being in complete limbo about the future isn’t any fun either.

Things need to change here and unfortunately for Coyotes fans, the one way this madness ends could be if an outside buyer comes in and whisks the team away somewhere else. That’s a miserable end game for everyone involved.

PHT Morning Skate: Pastrnak’s rise to superstardom; Gritty now in costume form

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Welcome to the PHT Morning Skate, a collection of links from around the hockey world. Have a link you want to submit? Email us at phtblog@nbcsports.com.

William Nylander hasn’t asked for a trade nor have the Maple Leafs been shopping him. (Sportsnet)

• An inside look at the Calgary Flames’ decision between Sean Monahan and Elias Lindholm at the 2013 NHL Draft. (Calgary Sun)

• Minnesota Vikings receiver Adam Thielen sported Anaheim Ducks-inspired cleats this weekend. (NHL.com)

• Can you guess who leads the NHL at 24 minutes a night? (Edmonton Journal)

David Pastrnak coming into his own as a superstar in the NHL. (Metro US)

• Evgeny Kuznetsov and Brett Connolly’s failed fist bump is the NHL’s GIF of the year. (Russian Machine Never Breaks)

Tyler Seguin talks misconceptions about some of the NHL’s most controversial players. (SportsDay)

• Gritty is now a Halloween costume because of course he is. (NHL.com)

• NHL players come from all ends of the earth. Here’s a breakdown. (The Hockey News)

Austin Watson and his curious case. (Toronto Star)

• Ottawa Senators veterans opening their homes to the team’s future. (Ottawa Sun)

Lars Eller doesn’t believe in the Maple Leafs. (TSN.ca)

Frederik Andersen is doing something he doesn’t normally do: get off to a good start. (Toronto Star)


Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck

The Buzzer: Brossoit leads Jets; Palmieri’s historic double

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Three Stars

1. Laurent Brossoit, Winnipeg Jets. While earning his first win as a Jet, Brossoit stopped 42 shots during a 3-1 win over the Carolina Hurricanes. For the fifth time in seven games, the Hurricanes fired at least 40 shots on net, but the 25-year-old netminder stood tall to help Winnipeg to their second win in three games.

2. Kyle Palmieri, New Jersey Devils. Continuing his hot start to the season, Palmieri netted two goals during the Devils’ 3-2 win over the San Jose Sharks. His second period power-play goal was followed up by another tally early in the third period even the score at two. Palmieri now has six goals on the season, scoring twice in each of New Jersey’s three games this season. And per the NHL, Palmieri is the fourth NHL player to score multiple goals in three straight games to begin a season, joining Patrick Marleau (2012-13), Cy Denneny (1917-18) and Peter Stastny (1982-83).

3. Ryan Miller, Anaheim Ducks. Miller made 29 saves, including 10 in the final period to help the Ducks to a 3-2 win over the St. Louis Blues. Dating back to the end of last season, Anaheim has won its last four games Miller has started.

Highlights of the Night

Nikolaj Ehlers and Patrik Laine on a 2-on-0 would result in a goal probably 99.9 percent of the time. Not this time, thanks to Petr Mrazek:

• Patrik Laine. From the circle. One-timer.

Bryan Little‘s first of the season broke a 2-2 tie with 2:09 to go to help the Jets to a victory. What a pass by Josh Morrissey:

Andrew Cogliano also picked the right time to score, breaking a 2-2 deadlock on the power play with 5:16 left in the third period:

Factoid of the Night

Scores
Devils 3, Sharks 2
Ducks 3, Blues 2
Jets 3, Hurricanes 1

MORE: Your 2018-19 NHL on NBC TV schedule

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

Panthers’ Matheson to have DoPS hearing for slamming Pettersson to ice

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The Vancouver Canucks and Florida Panthers won’t see one another again until the middle of January, but there will still be plenty of hard feelings following their Saturday night encounter.

Canucks’ stud rookie Elias Pettersson is in concussion protocol, per Sportsnet, after he was body-slammed to the ice early in the third period of Vancouver’s 3-2 victory by Panthers defenseman Michael Matheson.

Pettersson is now in concussion protocol as the team travels to Pittsburgh for a game on Tuesday. Matheson, meanwhile, will have a phone hearing Monday with the NHL Department of Player Safety for “interference and unsportsmanlike conduct.”

The Canucks weren’t thinking retribution following the hit. It was a 2-2 game and head coach Travis Green did not want his players running around and risking giving the Panthers power plays. After the game, though, they sounded off.

“That’s a dirty play,” said Green. “The league is trying to protect the good young players and that’s a dirty play.”

“It’s a long season, we’ll catch them back,” said Canucks forward Antoine Roussel.

The injury put a damper on an historic night for the 19-year-old Petterson. His goal made him the sixth player since 1997-98 to reach at least points in his first five NHL games. He currently has eight, which is one behind what Evgeni Malkin achieved during the 2006-07 NHL season. He also matched a Canucks record for most consecutive games (5) with a point. As of Sunday he leads all rookies in goals (5) and points (8).

MORE: Your 2018-19 NHL on NBC TV schedule

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Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.

The Buzzer: Fleury enters unconscious mode; Dahlin pots first

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Three Stars

1. Marc-Andre Fleury, Vegas Golden Knights: I mean, just look at this to see why. Fleury hasn’t started his season on the foot he would have wanted to, but he stopped all 26 shots on Saturday afternoon to perhaps get both of his feet back under him. The shutout was the 49th of his career, tying him for 29th all-time, and some of the saves he made were vintage Fleury. Seriously, check them out.

2. Sebastian Aho, Carolina Hurricanes: A four-point night for Aho saw the 20-year-old help set up the game-tying goal and then score the game-winner in overtime. Aho had five shots on goal in the game and the Hurricanes put up a whopping 57 as they continued their fine start to the season. Carolina has yet to lose in regulation thus far with a 4-0-1 record.

3. David Pastrnak, Boston Bruins: Pastrnak scored his second-career hat trick as the Bruins mauled the Detroit Red Wings in an 8-2 win. It seems like every time the Bruins play, one of Pastrnak, Patrice Bergeron or Brad Marchand are putting up insane numbers. The trio is one of the best lines in the NHL — combining for eight points on Saturday — and they have the Bruins cruising to start the season.

Highlights of the Night

Fleury’s start to the season has been less than optimal. This save, however, insane.

Goalies were front and center of some of the best highlights from Saturday. This from Devan Dubnyk.

This isn’t even fair.

Factoids

Scores

Bruins 8, Red Wings 2

Senators 5, Kings 1

Golden Knights 1, Flyers 0

Oilers 2, Rangers 1

Hurricanes 5, Wild 4

Lightning 8, Blue Jackets 2

Maple Leafs 4, Capitals 2

Canadiens 4, Penguins 3 (SO)

Canucks 3, Panthers 2

Predators 5, Islanders 2

Stars 5, Ducks 3

Blackhawks 4, Blues 3 (OT)

Sabres 3, Coyotes 0

Flames 3, Avalanche 2 (OT)


Scott Billeck is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @scottbilleck