Monday, May 7, 2012

DEVELOPING: The Bettman Is In Glendale, Deal With Jamison...? (UPDATE: Or Not...)

((HT: ABC15.com))

There's talk that there may be a tentative deal in place between the league and former San Jose Sharks CEO Greg Jamison...

The Bettman is scheduled to hold a 6PM local time presser to discuss the topic with anyone and everyone assembled at Westgate City Center...

Here's the early returns


Lisa Halverstadt of the Arizona Republic says that Jamison has to finalize a lease agreement with the Glendale City Council and that councilman Phil Lieberman, who has not been a fan of giving any more money to fund the Coyotes, said he was called to an afternoon meeting with Jamison and Bettman.

There are still two big "but..." details in all of this...

One, according to Halverstadt, is that a four-member majority has given informal support to at least one crucial deal point with Jamison; paying as much as $20 million annually in an arena management fee to the team.

The other is Darcy Olsen and the Goldwater Institute... they're keeping an eye on any and every aspect of the would-be Jamison deal...

We can already see Olsen putting a magnifying glass up to the deal, spread on a table of her choosing, and trying to find where she can purchase one of those fine-toothed combs...

More when we know more...

2130 UPDATE: Or not...even if The Bettman announced a tentative deal... it still has to be approved by the Glendale City Council...

In what is being viewed across the board as a colossal waste of time, Greg Jamison is not unveiling the rest of his ownership group. He is also thinking that he will have an agreement with the City of Glendale in the next few weeks for them to fork over close to US$300-million over the next 20 years.

What is that Shakespeare said about sound and fury...???
Here's Bettman...
((HT: NHL))


And Jamison...
((HT: NHL))


David Shoalts article in the Globe and Mail is must-see reading on the presser and its lack of teeth...

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