Greg Jamison’s attempt to purchase the Phoenix Coyotes and keep the team in Glendale appears to be back on the right track.
Reports from the beginning of August stated that Jamison was $20 million short on his bid to buy the team. However, according to Mike Sunnucks of the Phoenix Business Journal, Jamison has since secured the necessary funds to purchase the team from the NHL.
The NHL took over ownership of the Coyotes from Jerry Moyes in 2009 with the intention of keeping the team in Glendale.
From a business perspective, is this the best option for the team, or would relocating to another city be the better move?
There are plenty of hockey fans in the Greater Toronto Area, Quebec, Seattle, Wisconsin, etc. who would love to see a hockey team in their city. Meanwhile, hockey fans in Arizona continue to hold out hope that the team stays right where it is.
There are a number of positive factors surrounding the Coyotes franchise. They have one of the newest arenas in the NHL, Jobing.com Arena in Glendale, AZ. Built in 2003, the rink seats over 17,000 and is located in a popular shopping and entertainment complex— ...
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Article written by Eric McKelvie
Phoenix Coyotes: Should They Stay in Glendale or Relocate?
August 18th, 2012 by Eric McKelvie Leave a reply »
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