Phoenix Coyotes' Future to Be Impacted by City Council Vote Tuesday Night
The progress being made in the NHL lockout isn't the only story being discussed among hockey fans right now. Another pivotal moment in the history of the Phoenix Coyotes will occur Tuesday night when Glendale city officials cast their vote on the latest issue facing the franchise.
UPDATE: Wednesday, November 28 at 12:45 a.m. ET by Nicholas Goss
The Glendale city council voted in favor of the Jobing.com Arena management agreement between the city and the Phoenix Coyotes on Tuesday night, according to Sarah McLellan of AZCentral.com:
McLellan (@azc_mclellan) November 28, 2012
20 years, $320M deal. Greg Jamison must close sale by January 31, according to the agreement.— Elliotte Friedman (@FriedgeHNIC) November 28, 2012
The outcome of Tuesday night's vote is a victory for Coyotes fans and supporters, but there are still a few more things that must be taken care of before the team's future in Glendale is secured.
---End of Update---
A reworked deal that could keep the Phoenix Coyotes in Glendale will go to a City Council vote on Tuesday, but the fate of the agreement is unclear.
At a workshop Tuesday evening, City Council members had a heated debate about the proposed $320 million arena-management agreement with Coyotes suitor Greg Jamison. Ultimately, they decided to vote on the pact next week.
Munshi also writes:
If the council rejects the deal, the fate of the arena and the Coyotes may be decided by a new lineup of City Council members who take office Jan.15. Based on statements made during the campaign, a majority of the new council would likely oppose the Jamison deal.
The Coyotes seem to be stuck in a no-win situation in Phoenix, as the team's attendance has been abysmal for many years and bankruptcy has sunk the value of the franchise and created some real financial hardships.
Should the Coyotes remain in Glendale long-term?
As I've expressed numerous times in the past, the Coyotes should not be in Phoenix for a variety of reasons, especially when there are hockey markets much more capable of helping the team achieve success competitively and financially.
When they cast their vote, city officials will have to decide whether or not they want Glendale to continue to assist a sports franchise that keeps losing money. Forbes.com reported that the Coyotes lost over $24 million two seasons ago.
While the outcome of the vote will obviously make headlines in the Glendale area, a lot of hockey fans throughout North America will be very interested to see how the city council votes on Tuesday night.
Many Canadian fans are hoping that the Coyotes become a possible relocation team for cities such as Hamilton, Markham and Quebec City, all of which could be potential destinations for current franchises that need to be moved in the future.
The Coyotes' future in Glendale won't be officially decided this week, but we will know a little bit more about the team's chances of remaining in the city after Tuesday's vote.
Be sure to check back to this article on Tuesday night for the result of the vote and analysis on what's next for the Coyotes.
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