With New Ownership in Place, Phoenix Coyotes Are Ready to Get Back on the Ice
August 9th, 2013 by Mark Brown Leave a reply »Now, the Phoenix Coyotes can resume “normal” hockey activity.
That is, for the foreseeable future.
With the burden of franchise stability, physical destination, economic reality and organizational structure settled, the focus is now on the ice.
Despite general manager Don Maloney and coach Dave Tippett’s preparation for training camp, there still remains a dark cloud hanging over the recent sale of the team from the NHL to IceArizona AcquisitionCo.
In the agreement struck with the Glendale city council, IceArizona made sure there was an exit clause. After all, the Coyotes have not turned a profit since relocating from Winnipeg at the start of the 1996-97 season and their economic woes are well documented.
If the Coyotes lose $50 million in the next five years, IceArizona can walk away from the deal just struck. That would put the entire scenario of franchise location and the related quagmire back on the front burner.
For now, there are plenty of smiles to go around and immediate task is to put a quality team on the ice.
With the start of training camp about a month away, several pieces appear in place for Phoe ...
Read Full Article at Bleacher Report - NHL
Article written by Mark Brown
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