Truth & Rumors > NHL
Jamison still lacks cash to buy Coyotes
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08:32 AM ET 06.07 | Without a sweetheart cable deal or a packed house, the Coyotes' revenue streams are limited, and it might come back to bite them. Although the Glendale City Council votes this Friday on a new 20-year lease at Jobing.com Arena for Greg Jamison, the prospective buyer of the Phoenix Coyotes, sources familiar with the matter say the former CEO of the San Jose Sharks still has not raised enough money to buy the National Hockey League team. According to these sources Jamison is having trouble raising the money to make the $170 million purchase because investors believe that even with a $15 million a year taxpayer subsidy over the course of the new lease the Coyotes will have difficulty turning a profit.
Shane Doan, Getty Images
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Comments (39) Add A Comment
"Going to Kansas City, Kansas City here we come"...........
Othello
Total Comments (1295)
I'm thinking Seattle KC will get one of the below the Mason-Dixie line teams
Swamp Dragon
Total Comments (13816)
it's a long long time since, my SCOUTS have been gone
Spiny Norman
Total Comments (10889)
at least Preds are secure for the time being.....new local ownership has come to the table with pretty good business plan....now if preds can just secure S & W and be competitive next year....if there is a next year.......
Othello
Total Comments (1295)
taxpayer subsidy... that's funny. Didn't the mayor/city council ante up taxpayer cash to keep the Yotes in town for 2011-12 season in an 11th hour deal last sumemr?
BrownsBucksBlueJacke…
Total Comments (3392)
Time for this nonsense to stop Spiny. You want to join me and go in as partners to buy this team? I'll put in $2.86 cash, you make up the rest. This team needs a couple guys with money to be an end to this cartoon.
Slapshot
Total Comments (8992)
you would think that "ACME' would front this team......
Othello
Total Comments (1295)
they're far too wiley for that
Spiny Norman
Total Comments (10889)
Inert in the desert.
THE BISHOP!
Total Comments (13410)
Put me down for $20.00. :)
PensFanDealWithIt
Total Comments (3878)
WOW! With that kind of money, you're the majority owner!
Slapshot
Total Comments (8992)
*groan*
BGDave
Bowling Green , KY
Total Comments (1021)
no way, you're a good person....
I wouldn't put you down for $200!
Spiny Norman
Total Comments (10889)
thank you....that is the desired reaction for a true punster like myself
Spiny Norman
Total Comments (10889)
PULL THE PLUG ON THE YOTESSSS....PLEASEEE
puttin on the foil
Total Comments (7695)
wow
puttin on the foil
Total Comments (7695)
LOL
puttin on the foil
Total Comments (7695)
Othello they are the only team below the Mason Dixon I don't expect to move
Swamp Dragon
Total Comments (13816)
I'll put in $50 if they stop having Coyotes moving threads
Swamp Dragon
Total Comments (13816)
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