Phoenix Coyotes file for Chapter 11 bankruptcy

All other sports including pro, high school and more!
User avatar
Marcus Garvey
Level1
Level1
Posts: 110
Joined: Thu Oct 02, 2008 5:43 pm
I am a fan of: Jenna Haze
A.K.A.: Bethlehem Jct.
Location: Tempe, AZ

Re: Phoenix Coyotes file for Chapter 11 bankruptcy

Post by Marcus Garvey »

UNHWildCats wrote:
dbackjon wrote:
Yes - they are arguing that since they have been funding the Coyotes, they had the right to take over the team.
The NHL needs to let the bankruptcy proceed... The Coyotes will keep losing money as long as they are in Phoenix. Bankruptcy could allow them to get out of the lease without penalty and move the team to a place it can suceed, wether its with the guy who wants to buy them and move them to Ontario or if its a owner the NHL finds.
That's not true. They've been mismanaged and poorly marketed in Phoenix. I'm skeptical that Phoenix can be a viable NHL market, however I'm not convinced it's hopeless either. While far from being the best pro sports town in America, Phoenix will support a team if they're competitive, something the Coyotes/Jets have not been for much of the last 20 years.
There is no market they can relocated to larger than Phoenix. The NHL wants someone competent to run the franchise and see if this thing will work. They did well at first, but have steadily driven off their fans by dismantling a team that had popular players.
In the long run, the NHL is better off trying to keep the team in Phoenix. I know, that sounds counter-intuitive.
Ah, my story had a big thing in it too. You just didn't give it time to develop.
Bow chicka bow wow
User avatar
dbackjon
Moderator Team
Moderator Team
Posts: 45623
Joined: Sat Jul 14, 2007 9:20 am
I am a fan of: Northern Arizona
A.K.A.: He/Him
Location: Scottsdale

Re: Phoenix Coyotes file for Chapter 11 bankruptcy

Post by dbackjon »

Marcus Garvey wrote:
UNHWildCats wrote: The NHL needs to let the bankruptcy proceed... The Coyotes will keep losing money as long as they are in Phoenix. Bankruptcy could allow them to get out of the lease without penalty and move the team to a place it can suceed, wether its with the guy who wants to buy them and move them to Ontario or if its a owner the NHL finds.
That's not true. They've been mismanaged and poorly marketed in Phoenix. I'm skeptical that Phoenix can be a viable NHL market, however I'm not convinced it's hopeless either. While far from being the best pro sports town in America, Phoenix will support a team if they're competitive, something the Coyotes/Jets have not been for much of the last 20 years.
There is no market they can relocated to larger than Phoenix. The NHL wants someone competent to run the franchise and see if this thing will work. They did well at first, but have steadily driven off their fans by dismantling a team that had popular players.
In the long run, the NHL is better off trying to keep the team in Phoenix. I know, that sounds counter-intuitive.
The teams the first few years made money in Phoenix - but they were good teams. Winning cures a lot of ills.
:thumb:
Post Reply