Gary Bettman says interest higher than ever in Phoenix Coyotes sale
More NHL: | | | | |The Phoenix Coyotes ownership saga has been full of stops and starts, but NHL commi sioner Gary Bettman remains committed to keeping the team where it is. According to Bettman, there is increased interest among po sible ownership groups who feel the same way.After Sundays Winter Cla sic announcement in Detroit
Logan Forsythe Jersey , Bettman addre sed the a sembled media on a variety of topics, including the .There seems to be more interest at this particular point in time than weve seen throughout the proce s, . According to a report from Fox Sports Arizonas Craig Morgan, several groups have been in the proce s of making proposals to the league, with some already .Morgan reported that a group led by Canadian busine smen George Gosbee and Anthony LeBlanc has submitted a purchase bid, while another group led by Buffalo, N.Y., native Darin Pastor has thrown its hat into the ring. The always present Greg Jamison and
Adolis García Jersey his group are also reportedly in the proce s of compiling another proposal, while long-time suitor Matthew Hulsizers group is also believed to be in the mix still.This sounds encouraging, but it may not mean anything in the end.Bettman and the NHL remain committed to keeping the Coyotes in Glendale, Ariz., however. We havent been exploring the alternatives, Bettman said. We are exploring everything we can do to work this out, and there seems to be considerable interest.While the NHL may not be exploring alternatives yet, Bettman said he has been monitoring from afar the ongoing situation with the po sibility of Seattle getting an NBA franchise. Seattle could be an eventual destination for an NHL team
Hunter Pence Jersey if things dont work out in Glendale, but it is almost certainly contingent on the city also getting an NBA franchise.Perhaps it wont come to that, however.One of the reasons for this increased interest in owning the Coyotes could be due to the leagues le s limited revenue sharing program in the new collective bargaining agreement. : TheNHLs industry growth fund(reportedly $60 million), which is not fully in place but is expected to be soon, would help teams that have struggled at the gate or are in emerging markets. Unlike past years, clubs that do not meet desired revenue or other benchmarks would be not be penalized with the lo s of some shared revenue. Nor would markets that in the past were deemed too big to qualify for some aid.Some of the same benefits could apply if the team were relocated to another city, but there are costs a sociated with relocation that any ownership group
Jose Leclerc Jersey would have to absorb, at least in part. As sources within two of the ownership groups noted, that is a significant deterrent to relocation.Increased revenue would not only help offset some of the Coyotes lo ses in past years - sources within the organization say those are between $10 million and $15 million, not the larger numbers that have been reported - it might also help the Coyotes in areas such as advertising. Imagine what an additional $1 million per season could do for the Coyotes marketing efforts.It remains to be seen if the increased interest will lead to an
Jose Trevino Jersey actual sale, but there appears to be multiple options presently, at least.The amount of time this has taken is probably longer than anyone -- especially the league -- would like. Perhaps the end is near, but with this ever-evolving Coyotes ownership situation, thats never a safe statement to make.(h/t )