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Pheonix Coyotes

MrMerkinballMrMerkinball Posts: 1,978
edited September 2009 in All Encompassing Trip
I haven't seen a thread about this story at all.

Is anyone following the Pheonix Coyotes fiasco?

For those who are out of the loop:

-Pheonix Coyotes (NHL team) file for bankruptcy
-CEO of RIM (blackberry) is a Canadian and has always wanted to buy a team and bring it to Southern Ontario.
-Commisoner hates this guy and refuses to allow him buy a NHL team
-CEO of RIM offers to buy bankrupt team and cover all creditors. Offer is 250 Million - only catch - he relocates team to Hamilton (40 kms from Toronto)
-NHL holds a vote and blocks him as an owner, but he is the only offer
-NHL itself tries to buy team for $150 million
- Bankruptcy judge now has to decide.....whose offer is worthy, RIM is offering way more money to cover all creditors, or the NHL who can't cover the creditors, but they have said RIM is not a worthy owner based on character. What takes precedence: NHL constitution or Bankruptcy law

I find this interesting and just Curious to hear other perspectives vs. just the Toronto media.
Post edited by Unknown User on

Comments

  • hinxhinx Posts: 416
    To me it reads as Bettman acting like a child. For the NHL to act as though Balsillie's "character" is a factor is laughable considering the number of corrupt owners the league has approved; Del Biaggio in Nashville comes instantly to mind.

    The only reason, IMO, that Bettman wants him stopped is because if Pheonix moves to Canada it serves as confirmation that Bettman's stupid idea to expand into terrible hockey markets is a total failure.
  • MrMerkinballMrMerkinball Posts: 1,978
    hinx wrote:
    To me it reads as Bettman acting like a child. For the NHL to act as though Balsillie's "character" is a factor is laughable considering the number of corrupt owners the league has approved; Del Biaggio in Nashville comes instantly to mind.

    The only reason, IMO, that Bettman wants him stopped is because if Pheonix moves to Canada it serves as confirmation that Bettman's stupid idea to expand into terrible hockey markets is a total failure.
    That....and the Leafs are going to sue the NHL

    ....also Bettman has to figure that a second team in the Toronto Area is the last great market for him to expand into. An expansion team in that area could go for $400-500 mil......but with this scenario the NHl loses that opportunity and gets dick all
  • smarcheesmarchee Windsor, Ontario Posts: 14,539
    MrMerkinball wrote:
    hinx wrote:
    To me it reads as Bettman acting like a child. For the NHL to act as though Balsillie's "character" is a factor is laughable considering the number of corrupt owners the league has approved; Del Biaggio in Nashville comes instantly to mind.

    The only reason, IMO, that Bettman wants him stopped is because if Pheonix moves to Canada it serves as confirmation that Bettman's stupid idea to expand into terrible hockey markets is a total failure.
    That....and the Leafs are going to sue the NHL

    ....also Bettman has to figure that a second team in the Toronto Area is the last great market for him to expand into. An expansion team in that area could go for $400-500 mil......but with this scenario the NHl loses that opportunity and gets dick all

    yeah the fact that the NHL looses there biggest cash cow (the expansion fee for anyone who wants to expand in Southern Ontario if that ever happens) is huge, but the NHL's actions are ludicrous

    someone please get Bettman out the fucking door
    1998 ~ Barrie
    2003 ~ Toronto
    2005 ~ London, Toronto
    2006 ~ Toronto
    2008 ~ Hartford, Mansfied I,
    2009 ~ Toronto, Chicago I, Chicago II
    2010 ~ Cleveland, Buffalo
    2011 ~ Toronto I, Toronto II, Ottawa, Hamilton
    2013 - London, Pittsburgh, Buffalo
    2014 - Detroit
    2019 - Chicago X 2
  • MayDay10MayDay10 Posts: 11,764
    It sets a bad precedent for all sports if this is allowed to happen the way it is. Circumvent the rules with a colluded bankrupcy and sweep up the team to move them to a market which encroaches on the territory of 2 existing franchises (one of which needs each and every fan). He doesnt want to pay appropriate rights fees either.

    I dont like Balsielle either. He seems like he has quite the ego and plays dirty. I can see him as an NHL owner trying to find loopholes, throwing out offer sheets, driving salaries up even more, and not caring about buying players out. Any more of that behavior is going to ruin the NHL. Owners have to be acting in a manner that keeps salaries down. Players want to be paid like NFL, MLB, or NBA players. Right now there are only about 5-8 teams out of 30 who can afford to do so.

    Also, when TV rights are signed and negotiated, the NHL's presence in the Phoenix market is promised.

    As said above, I also believe the NHL is Fixin on putting a team in N Toronto. This will be done properly and by the book with expansion fees and rights fees to the Leafs.


    With that said, I have always wanted to see more teams up North and in Canada.... mainly Seattle (ripe for the pickins since the Sonics left), Winnipeg, and Quebec City. On the other hand, I dont really want to see an existing team moved. I almost lost the Sabres in 2002, and it was such a shitty feeling. there arent as many fans in Miami, Nashville, or Phoenix.... but there would be heartbroken people. The NHL put these teams there and should try to protect their existance in each city.


    Unfortunately, I think the NHL is still going to try Kansas City (if the NBA doesnt land there first), Oklahoma City, and maybe Houston. Soon we will hit a wall with the NHL's great southern expansion though. IT wont survive to long in Phoenix without a winner.... Nashville is going to hit a wall, and Atlanta is the new Phoenix. Tampa Bay, and the Panthers seem like impending disasters. Bettman will be gone, and commissioner Brian Burke will grow the NHL within its niche marketand the NHL will be healthier than ever.
  • smarcheesmarchee Windsor, Ontario Posts: 14,539
    I'd love to see Brian Burke commissioner
    1998 ~ Barrie
    2003 ~ Toronto
    2005 ~ London, Toronto
    2006 ~ Toronto
    2008 ~ Hartford, Mansfied I,
    2009 ~ Toronto, Chicago I, Chicago II
    2010 ~ Cleveland, Buffalo
    2011 ~ Toronto I, Toronto II, Ottawa, Hamilton
    2013 - London, Pittsburgh, Buffalo
    2014 - Detroit
    2019 - Chicago X 2
  • Gary CarterGary Carter Posts: 14,067
    MayDay10 wrote:
    It sets a bad precedent for all sports if this is allowed to happen the way it is. Circumvent the rules with a colluded bankrupcy and sweep up the team to move them to a market which encroaches on the territory of 2 existing franchises (one of which needs each and every fan). He doesnt want to pay appropriate rights fees either.

    I dont like Balsielle either. He seems like he has quite the ego and plays dirty. I can see him as an NHL owner trying to find loopholes, throwing out offer sheets, driving salaries up even more, and not caring about buying players out. Any more of that behavior is going to ruin the NHL. Owners have to be acting in a manner that keeps salaries down. Players want to be paid like NFL, MLB, or NBA players. Right now there are only about 5-8 teams out of 30 who can afford to do so.

    Also, when TV rights are signed and negotiated, the NHL's presence in the Phoenix market is promised.

    As said above, I also believe the NHL is Fixin on putting a team in N Toronto. This will be done properly and by the book with expansion fees and rights fees to the Leafs.


    With that said, I have always wanted to see more teams up North and in Canada.... mainly Seattle (ripe for the pickins since the Sonics left), Winnipeg, and Quebec City. On the other hand, I dont really want to see an existing team moved. I almost lost the Sabres in 2002, and it was such a shitty feeling. there arent as many fans in Miami, Nashville, or Phoenix.... but there would be heartbroken people. The NHL put these teams there and should try to protect their existance in each city.


    Unfortunately, I think the NHL is still going to try Kansas City (if the NBA doesnt land there first), Oklahoma City, and maybe Houston. Soon we will hit a wall with the NHL's great southern expansion though. IT wont survive to long in Phoenix without a winner.... Nashville is going to hit a wall, and Atlanta is the new Phoenix. Tampa Bay, and the Panthers seem like impending disasters. Bettman will be gone, and commissioner Brian Burke will grow the NHL within its niche marketand the NHL will be healthier than ever.
    agreed

    i hope these southern market teams do fail. they failed once before and they will fail again.
    Ron: I just don't feel like going out tonight
    Sammi: Wanna just break up?

  • RygarRygar Posts: 8,689
    It's a lose lose situation.

    Bettman and Balsillie are both douchebags.
  • EquallyWorthlessEquallyWorthless Posts: 3,993
    I think the owners are not so concerned with the Maple Leafs fan base as they are with the Sabres fan base. That and Bettman is worried this is a sign that his great southern experiment has failed. Either way, Bettman loses his job over this clusterfuck so i, for one, am happy.
    {if (work != 0) {
    work = work + 1;
    sleep = sleep - work * 10;}
    else if (work >= 0) {
    reality.equals(false);
    work = work +1;
    }system("pause");
    return 0;}
  • hinxhinx Posts: 416
    EquallyWorthless wrote:
    I think the owners are not so concerned with the Maple Leafs fan base as they are with the Sabres fan base. That and Bettman is worried this is a sign that his great southern experiment has failed. Either way, Bettman loses his job over this clusterfuck so i, for one, am happy.

    Seriously, this is my dream, haha. How someone so patently bad at his job can keep it is beyond me.

    I'm also on the Brian Burke bandwagon. He'd be awesome for the league.
  • OffHeGoes29OffHeGoes29 Posts: 1,240
    BRING BACK THE WHALE!

    :mrgreen:
    BRING BACK THE WHALE
  • g under pg under p Surfing The far side of THE Sombrero Galaxy Posts: 18,200
    MayDay10 wrote:
    It sets a bad precedent for all sports if this is allowed to happen the way it is. Circumvent the rules with a colluded bankrupcy and sweep up the team to move them to a market which encroaches on the territory of 2 existing franchises (one of which needs each and every fan). He doesnt want to pay appropriate rights fees either.

    I dont like Balsielle either. He seems like he has quite the ego and plays dirty. I can see him as an NHL owner trying to find loopholes, throwing out offer sheets, driving salaries up even more, and not caring about buying players out. Any more of that behavior is going to ruin the NHL. Owners have to be acting in a manner that keeps salaries down. Players want to be paid like NFL, MLB, or NBA players. Right now there are only about 5-8 teams out of 30 who can afford to do so.

    Also, when TV rights are signed and negotiated, the NHL's presence in the Phoenix market is promised.

    As said above, I also believe the NHL is Fixin on putting a team in N Toronto. This will be done properly and by the book with expansion fees and rights fees to the Leafs.


    With that said, I have always wanted to see more teams up North and in Canada.... mainly Seattle (ripe for the pickins since the Sonics left), Winnipeg, and Quebec City. On the other hand, I dont really want to see an existing team moved. I almost lost the Sabres in 2002, and it was such a shitty feeling. there arent as many fans in Miami, Nashville, or Phoenix.... but there would be heartbroken people. The NHL put these teams there and should try to protect their existance in each city.


    Unfortunately, I think the NHL is still going to try Kansas City (if the NBA doesnt land there first), Oklahoma City, and maybe Houston. Soon we will hit a wall with the NHL's great southern expansion though. IT wont survive to long in Phoenix without a winner.... Nashville is going to hit a wall, and Atlanta is the new Phoenix. Tampa Bay, and the Panthers seem like impending disasters. Bettman will be gone, and commissioner Brian Burke will grow the NHL within its niche marketand the NHL will be healthier than ever.

    I agree too, not the most brilliat idea to have hockey teams in these southern market. Even though in Florida Tampa Bay Lightening has won a cup. The Florida Panthers draw big crowds when teams from the east coast teams come to town and appear to have a good following. The weidest feeling after leaving games in January and February and I'm sweating bigtime.

    My contention has always been that there should be more teams in Canada and less in the US or NOT at all, just too many teams.

    Peace
    *We CAN bomb the World to pieces, but we CAN'T bomb it into PEACE*...Michael Franti

    *MUSIC IS the expression of EMOTION.....and that POLITICS IS merely the DECOY of PERCEPTION*
    .....song_Music & Politics....Michael Franti

    *The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite INSANE*....Nikola Tesla(a man who shaped our world of electricity with his futuristic inventions)


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