Tuesday June 18, 2013

Phoenix Coyotes sale depends on favorable arena deal from Glendale

The Phoenix Coyotes ownership saga is coming to yet another head in its arduous four-year life span. The whole thing is coming down to whether the Glendale City Council agrees to a favorable arena deal with the latest in the string of Coyotes suitors. Fox Sports Arizona is reporting the City Council could soon consider [...]

Glendale concerned if Renaissance bid for Phoenix Coyotes can hold up

The city of Glendale has concerns about Renaissance Sports & Entertainment’s bid to buy the Phoenix Coyotes, and they are holding up a possible arena deal key to keeping the team in the Phoenix market. Some Glendale officials are worried about: • The lack of equity and personal investments from Renaissance principals in their bid. [...]

Phoenix Coyotes bidder looks for arena deal separate from Glendale RFP

The latest group trying to buy the Phoenix Coyotes hockey team is not one of the official bidders to manage Jobing.com Arena under a city of Glendale requests for proposals. But Renaissance Sports & Entertainment is still interested in working out a separate deal with the Glendale to run the city owned arena and receive [...]

Phoenix Coyotes: NHL, Renaissance executives to meet with Glendale on new arena deal

The National Hockey League has given preliminary approval of a sale of the Phoenix Coyotes to a group of Canadian businessmen. But the deal, which would keep the team in Arizona, still hinges on a favorable arena deal with city of Glendale and other details including final NHL approval. Multiple sources and reports this week [...]

Darin Pastor submits bid to NHL to buy Phoenix Coyotes

California investment executive Darin Pastor has submitted a bid to buy the Phoenix Coyotes and keep them in Glendale. Pastor’s ownership group submitted the bid to the National Hockey League today, according to an official with knowledge of the deal. Pastor, 42, also plans on putting in a bid with the city of Glendale to [...]

Coyotes may have played final game in Glendale

While it is not exactly Ebbetts Field or the Polo Grounds (circa 1957 when the Brooklyn Dodgers and New York Giants left for California), the Phoenix Coyotes played their last home game of the season Friday at Jobing.com Arena. It could have been the last Coyotes game ever in Phoenix and the Glendale arena if [...]

Phoenix Coyotes double TV ratings from last season

The Phoenix Coyotes future in Glendale is uncertain, but the team is drawing better television ratings and crowds in this truncated National Hockey League season. Coyotes games on Fox Sports Arizona are enjoying a ratings upswing, said Brett Hansen, spokesman of the regional sports network. “Coyotes ratings on Fox Sports Arizona are up 118 percent [...]

Latest Phoenix Coyotes suitors face home stretch in bids to keep team from moving

Prospective Phoenix Coyotes buyer Darin Pastor met with Glendale Mayor Jerry Weiers last week as his group and another led by Canadian investment banker George Gosbee are the latest potential suitors for the hockey franchise. Pastor is also an investment banker and CEO of Irvine, Calif.-based Capstone Affluent Strategies. He met with Weiers last week, [...]

Phoenix Coyotes could be on the move before season’s end

There was speculation late Wednesday night that time may be running short for the Phoenix Coyotes to stay in Arizona. Yahoo Sports reports that the relocation of the team might already be under consideration by the NHL. The Coyotes, which are owned by the NHL, have been looking for a new owner for more than [...]

Glendale council to vote on $400 per hour contract to hire Coyotes, arena consultant

The Glendale City Council is scheduled to vote next Tuesday on whether to pay a Boston-based sports investment firm a $25,000 retainer and $400 per hour to help it with the Phoenix Coyotes ownership saga and the future of Jobing.com Arena. If approved, Beacon Sports Capital Partners LLC would advise and represent the city as [...]