Hockey

[shadows]

Originally Posted by dauls

So the NHL are closer to selling the Phoenix Coyotes to Ice Edge Holdings, who claim they will keep the franchise in Arizona.

How long will Ice Edge want to or have to keep the Coyotes in Arizona after they acquire the franchise?

Will the Ice Edge deal include the plan to play approx five games per season in Canada, possibly in Saskatoon, Saskatchewan or Halifax, Nova Scotia?

Is it true that Ice Edge are expected to pay considerably less (about 30%) than Jim Balsillie was willing to pay to take the franchise to Hamilton? Would a location west of Hamilton have given Balsillie a better chance of acquiring a franchise?

According to the article I read on tsn.ca, Ice Edge has said that they are going to keep the team where it is and honour the contract with the arena. If that is the case, then they are going to be stuck there for 25 more years, as that is how much time is left on the contract.

I honestly can't see how they can expect to NOT lose money. Could Phoenix be a successful hockey markey? Perhaps. But not in their current location. The spot they chose to place the arena(unless the arena was already there, then they should have just built a new one elsewhere) is horrible. I would not want to be a shareholder for Ice Edge(if they have shareholders), as they would be pissing away my money!

Their offer is $150 million. I believe Basillie's was $215-$230.