The Phoenix Coyotes Saga Dragging On
With the Stanley Cup final between the New Jersey Devils and the Los Angeles Kings coming to an end this week, everyone thought the Phoenix Coyotes saga would be over by now and that the NHL-owned team would have a new owner ready to turn things around in Glendale, a suburb of Phoenix. Greg Jamison, former CEO of the San Jose Sharks, who has been interested in buying the Coyotes for several months now, has yet to officially purchase the team from the NHL stating he has problems finding the right investors.
Earlier last week, the city of Glendale published some documents regarding the sale of the hockey team to Greg Jamison on their Website (http://www.glendaleaz.com/); however, according to the Goldwater Institute (GWI), a conservative watchdog group, the city may be working without all the facts. On Friday, the city of Glendale voted 4-2 (council member Norma Alvarez didnít vote as she is currently hospitalized after a fall) in favor of an arena management fee (AMF) agreement that will most likely keep the Phoenix Coyotes in the desert for the next 20 years.
Read more here: http://thehockeywriters.com/the-phoe...a-dragging-on/