Official '09 - '10 NHL Thread

[adventure metal]

SALE OF COYOTES TO REINSDORF IN JEOPARDY
The sale of the Phoenix Coyotes to Jerry Reinsdorf is in jeopardy.

Sources tell TSN the city of Glendale has asked Ice Edge Holdings to return to the bargaining table as a back up plan to buy the Coyotes, in the event the deal with Reinsdorf falls through.

Sources say Glendale reached out to Ice Edge late last week amid growing concern Reinsdorf's accepted bid to purchase the Coyotes from the National Hockey League is at risk of falling apart.

At this point Ice Edge and city officials have had nothing more than initial discussions, which are expected to continue on Friday, and there is no guarantee Ice Edge will be willing to fully engage in a negotiation to buy the Coyotes, however at this stage, it's believed the Ice Edge group is willing to listen.

Last month, the city of Glendale voted unanimously (6-0) in favor of Jerry Reinsdorf's proposal and voted 5-1 against a bid submitted by Ice Edge Holdings.

Recently, Ice Edge representatives also met with NHL commissioner Gary Bettman and deputy commissioner Bill Daly to review the Phoenix sales process and to also reiterate their continued interest in buying an NHL franchise.

two minutes to midnight, phoenix
the hand that threatens doom

go jets go

[adventure metal]

Jerry Reinsdorf could be out and Ice Edge Holdings back in as the potential new owner of the Phoenix Coyotes.

ESPN.com reported Thursday night that the Reinsdorf's bid for the Coyotes is dead and the city of Glendale is scrambling to bring Ice Edge back to the table.

Glendale needs to work out a new lease deal for the Coyotes and their eventual owner and the National Hockey League needs to finalize a sale by the end of June. If no deal is struck, the bankrupt hockey team likely will be sold to a Canadian ownership group and moved in the off-season to Winnipeg.

A source with direct knowledge of the Coyotes situation confirms there are problems with lease negotiations between Reinsdorf, who owns the Major League Baseball's Chicago White Sox and the National Basketball Association's Chicago Bulls, and Glendale, which owns Jobing.com Arena.

That same source and the ESPN story said Glendale is trying to bring Ice Edge back into the fold. The Glendale City Council previously turned down a lease deal with Ice Edge, instead going with Reinsdorf.

Glendale and the NHL have been trying to sell the Coyotes to Reinsdorf since last year. Questions about how much cash Reinsdorf would put towards a sale have been evident throughout those discussions. The latest deal hinged on Glendale and Westgate City Center owner Steve Ellman setting up a special bond district to help finance the deal including payouts to Reinsdorf and the NHL.

The NHL bought the team in October for $140 million. The league has been running the Coyotes but won't do so next season. The Phoenix Business Journal reported in March the NHL was talking to Toronto billionaire David Thomson about buying the Coyotes if a deal in Arizona could not be done.Thomson's ownership group would then move the team to Winnipeg this off-season.

The Canadian sports outlet TSN also was reporting the Reinsdorf bid for the Coyotes was in jeopardy. The ESPN story said Glendale could file new documents to revive its negotiations with Ice Edge on Friday.

Glendale city officials, Ice Edge and Reinsdorf business partner John Kaites did not respond to request for comment Thursday evening

Phoenix Business Journal

I love it when a plan comes together

[WillieLee]

Sweep that, bitches.

[Mylazycat]

Sweep that, bitches.

Who cares about a sweep? They're still toasted Wings headed to the golf course.

[WillieLee]

Who cares about a sweep? They're still toasted Wings headed to the golf course.

It works like this, they start with 16 teams and those teams play until there's only one winner. So not every team wins the Stanley Cup every year. I know this concept might be hard for you to grasp because as a Leafs fan you never watch your team after the regular season.

[Mylazycat]

It works like this, they start with 16 teams and those teams play until there's only one winner. So not every team wins the Stanley Cup every year. I know this concept might be hard for you to grasp because as a Leafs fan you never watch your team after the regular season.

Exactly the dumb ass retort I expected from you. Nice try in attempting to deflect attention away from the sorry state of your team. I'm laughing my ass off at your pitifulness.

[WillieLee]

Exactly the dumb ass retort I expected from you. Nice try in attempting to deflect attention away from the sorry state of your team. I'm laughing my ass off at your pitifulness.

I'm deflecting? Who's the one opining on the playoffs and how other teams can't perform when his team didn't even make the cut? Sure, the Wings might hit the links but everyone calls the Leaf players because they always know the best courses.

If you ever pulled out of your denial you might remember these recent moments of Maple Leaf greatness.

Season GP W L OTL Pts GF GA PIM Finish Playoffs
2005–06 82 41 33 8 90 257 270 1291 4th, Northeast Did not qualify
2006–07 82 40 31 11 91 258 269 1065 3rd, Northeast Did not qualify
2007–08 82 36 35 11 83 231 260 1087 5th, Northeast Did not qualify
2008–09 82 34 35 13 81 250 293 1113 5th, Northeast Did not qualify
2009–10 82 30 38 14 74 214 267 1091 5th, Northeast Did not qualify

[Mylazycat]

I'm deflecting? Who's the one opining on the playoffs and how other teams can't perform when his team didn't even make the cut? Sure, the Wings might hit the links but everyone calls the Leaf players because they always know the best courses.

If you ever pulled out of your denial you might remember these recent moments of Maple Leaf greatness.

Season GP W L OTL Pts GF GA PIM Finish Playoffs
2005–06 82 41 33 8 90 257 270 1291 4th, Northeast Did not qualify
2006–07 82 40 31 11 91 258 269 1065 3rd, Northeast Did not qualify
2007–08 82 36 35 11 83 231 260 1087 5th, Northeast Did not qualify
2008–09 82 34 35 13 81 250 293 1113 5th, Northeast Did not qualify
2009–10 82 30 38 14 74 214 267 1091 5th, Northeast Did not qualify

[WillieLee]

Number of Stanley Cup victories by the Toronto Maple Leafs/Arenas/St. Pats -13
Number of Stanley Cup victories by the Toronto Maple Leafs broadcast in colour - 1

[Mylazycat]

Number of Stanley Cup victories by the Toronto Maple Leafs/Arenas/St. Pats -13
Number of Stanley Cup victories by the Toronto Maple Leafs broadcast in colour - 1