Friday, February 1, 2013

Jamison Misses Coyotes Deadline... World Continues Rotating As Planned...

((HT: Azcentral/KPNX-TV))

So... Greg Jamison missed his deadline to secure and/or announce his partners (his deep-pocketed partners) to purchase the Phoenix Coyotes from the National Hockey League. Along with that went the subsidies approved by the old City of Glendale government which would have given Jamison US$300-million to keep the team at City Center for the next 20 years- or until he would become unhappy with the contract as it would have been drawn up.

NHL Deputy Commissioner Bill Daly sent out the following statement after last night's deadline came and went: “We remain hopeful the Coyotes sale process will be resolved successfully and we will continue to work with the city of Glendale to move the process forward.”

The city released a statement saying the sides will work to reach a new agreement that is in the best interests of the city and its residents.

Here's new Glendale Mayor Jerry Weiers sounding no alarm whatsoever...
Jamison has every intention of pursuing the team even with the passed deadline. The team itself came up with the following paragraph Friday: The Coyotes issued this statement: "Today, we were informed by the National Hockey League that Mr. Jamison was unable to close on his purchase of the Coyotes. Mr. Jamison will continue to work with the NHL and the City of Glendale to close a deal that will keep the Coyotes in the Valley. Although there is no set timetable, hopefully it will be soon. The Coyotes will continue to be owned by the NHL and nothing changes for our organization. We will work hard on and off the ice to provide our fans with a winning team that they can be proud of. We would like to thank all of our great fans and corporate partners for their incredible patience and loyalty throughout this process. We know it's been difficult and we appreciate their support." So, who knew Jamison as going to miss the deadline...??? Pretty much anyone paying attention... including a place like Markham, Ontario ((HT: ABC15))

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