Glendale Officials to Meet With Goldwater Institute Representatives in Hope of Avoiding Lawsuit Over Hockey-Team Subsidy

Categories: Sports?

 

goldwater inst logo small.JPG
​Goldwater Institute representatives are scheduled to meet with Glendale city leaders today at 3 p.m. to hear arguments on why they shouldn't sue the city over a planned $100 million subsidy for the Phoenix Coyotes hockey team.

The right-leaning institute says it will release partial transcripts of the closed meeting, according to a news report from ABC-15 (KNXV-TV).

The city wants to raise $116 million in bonds, then give $100 million of that to a Chicago businessman who wants to buy the bankrupt Coyotes. If the deal goes through, it would prevent the team from leaving Glendale and moving to Canada.

The quasi-libertarian Goldwater Institute, however, says the deal violates a state law that bans Arizona from giving gifts. 

 

 

coyotes game four shot.JPG
Image: www.nhl.com
The Phoenix Coyotes lost 6-3 over the Detroit Red Wings last night, and "skate off into uncertainty" over their future in the Valley.
​Even the possibility of a lawsuit could spoil the deal, a Glendale spokeswoman told Channel 15.

We wonder what the city could possibly offer to the Goldwater folks that would make them change their minds. A bribe? Probably nothing overt, anyway. But without leverage, the city is stuck arguing the hoped-for, future economic benefit -- an idea the institute already has rejected as wishful thinking.

The Coyotes lost against the Detroit Red Wings last night 6-3, sweeping them out of the playoffs. As the New York Times says today, the team is now skating into uncertainty.

 

 

My Voice Nation Help
10 comments
lindn2
lindn2

Dear Customers, Welcome to [url=http://www.asicsstores.com/]Asics Footwear Cheap Onitsuka Tiger Men-Women[/url] ! We professional offer Asics GEL Kinsei , Onitsuka Tiger Mexico 66 , Onitsuka Tiger Ultimate 81 and so on. All shoes are FREE Shipping to Australia, USA, UK, Canada...Shoes of best quality, lowest price. You will not regret for buying from us![url=http://www.asicsstores.com/]http://www.asicsstores.com/[/url]

lindn2
lindn2

--------------------------------------------------------------------------------------Dear customers, thank you for your support of our company.---------------------------------------------------------------------------------------Here, there's good news to tell you: The company recently-----------------------------------------------------------------------------------launched a number of new fashion items! ! Fashionable--------------------------------------------------------------------------------and welcome everyone to come buy. If necessary,-------------------------------------------------------------------------welcome to : www. soozone.com-------------------------------------------------------------------------------

lindn2
lindn2

Versace is a name with resonance in the fashion industry due to the amazingly style and high quality. Shop the latest Versace boots handpicked by a global community of independent trendsetters and stylists. Offer cheap replica Versace women’s boots and sell at a discount. The Versace boot is on sale now. Take a look at these crazy Versace Cut-Out Platform Boots! You can't stop looking at them! No matter what age, what the weather is outside, it is important that everyone should wears some kind of eye protection. Our shop offers Cheap Sunglasses, a wide range of sunglasses and goggles. You can from soozone.com website choose your favorite cheap Sunglasses. Now what really knocked me out are the cheap sunglasses.Oakley store online news and Oakley store online reviews help you know more detailed information about Oakley store online. Our Oakley Sunglasses online shop is your best choice!Many fashion & top quality replica Oakley sunglasses are cheap sale for men & women online. It is a wiser approach for online purchasing Oakley sunglasses because you are able to clearly compare the appearance and preciseness of the replica. Buy Oakley Sunglasses online with confidence.

Tr76av
Tr76av

Yea.a Dumbass tea party is what we need..ok..don't bring that junk to this.. its not necessary . The city will still be paying for an empty building, minus concerts..westgate would lose extra$$ on random nights through out the week..jobs will be lost. If u go to random uve and roller rinks, there's lots if Hockey being played throughout the valley. Which is more money generated directly by the coyote influence.

Marcy
Marcy

Money that would have been spent at Westgate will be spent elsewhere. People that were waiting tables at Westgate will be waiting tables somewhere else.

Taxpayers who would be paying more money to the COG for all these subsidies will have more money to spend on things they want as opposed to subsidizing ticket prices for people who want to watch ice hockey.

Walter Concrete
Walter Concrete

It's pouring good money after bad. They'll never make up $100 million plus with no team in the arena, even by charging for parking that is now free to go see the Coyotes that not enough people care about anyway. Good move Glendale! "We have free parking now and still can't get people to come see the Coyotes. So, why don't we charge them for parking instead? That will get them to the games!" The casino will cost Glendale up front for another water treatment plant and electrical sub station and the casino would be tax exempt. No revenue for Glendale, just increased costs.

Walter Concrete
Walter Concrete

I meant even with the Coyotes staying in Glendale, instead of "with no team in the arena". Sorry, I'm a dumbass.

Jesterjackson
Jesterjackson

Glendale's leaders should just cut their losses over the Coyotes, quit wasting money fighting the Casino and take responsability for their massive screw up over the way they mismanaged the City. $100 MILLIION in subsidies??? Tea Party, ATTACK!

Now Trending

Phoenix Concert Tickets

From the Vault

 

General

Home

Loading...