Truth & Rumors > NHL

Potential owner lacks cash to run the Coyotes

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08:28 AM ET 08.02 | Welcome to a new snag. Greg Jamison still doesn't have all the cash needed to finalize his purchase of Phoenix Coyotes hockey team from the National Hockey League and then also operate the franchise after a sale. Operating capital could be the newest obstacle facing the Jamison purchase and the Coyotes tenuous situation in Glendale, Ariz. Essentially, the prospective Coyotes owner needs the money, financing or favorable sales terms so he can pay the bills, meet payroll and keep the lights on after a sale. The Jamison camp and other backers of a Coyotes sale still say a deal could get done soon if more capital is raised or an accommodating deal is worked out with the NHL.

Phoenix Business Journal

Shane Doan, Getty Images Shane Doan, Getty Images
August 2, 2012  08:57 AM ET

can we just refer to yesterday's thread for all comments...........zzzzzzzzzzzzzzzzzzzzzzzzz

August 2, 2012  08:57 AM ET

COME ON DOWN TO CRAZY GARY'S BIG BLOW OUT SALE.

USED HOCKEY TEAMS.......EVERYTHING MUST GO.
*

* - all purchases must remain on the lot.

August 2, 2012  09:00 AM ET

time to shorten sail and move on...
'ello? Quebec City?

August 2, 2012  09:01 AM ET
QUOTE(#2):

COME ON DOWN TO CRAZY GARY'S BIG BLOW OUT SALE.USED HOCKEY TEAMS.......EVERYTHING MUST GO. ** - all purchases must remain on the lot.

All teams are "As Is" and there is not warranty provided

August 2, 2012  09:04 AM ET

Who'da thunk it? Short of capital. I hope we can get a story updating us on the difficulties in Phoenix. They just shroud all this stuff behind a veil of silence and never mention anything.

Comment #6 has been removed
August 2, 2012  09:36 AM ET

Only the NHL would seriously consider a potential franchise buyer who a) lacks the money to buy the team and b) lacks the cash to operate the team. Doing a great job there Gary.

August 2, 2012  10:15 AM ET

I'll take "contraction" for 500 Alex

August 2, 2012  10:21 AM ET
QUOTE(#7):

Only the NHL would seriously consider a potential franchise buyer who a) lacks the money to buy the team and b) lacks the cash to operate the team. Doing a great job there Gary.

Exactly.....Buttgoblin keeps soliciting un-qualified buyers

August 2, 2012  10:24 AM ET
QUOTE(#8):

I'll take "contraction" for 500 Alex

Yup--pretty much.

August 2, 2012  10:26 AM ET
QUOTE(#8):

I'll take "contraction" for 500 Alex

Is that because Gary's a four letter word for birth canal?

August 2, 2012  10:27 AM ET
QUOTE(#11):

Is that because Gary's a four letter word for birth canal?

No - he would be best aborted

August 2, 2012  10:30 AM ET

Mexico and the Carribean Sea call Gents-fly out Saturday from YYC for 11 glorious days.Adios ! Go Flames Go , and Santa Claus please let me fly home and hear of a new Collective arguing agreement ;-) Cheers All !

August 2, 2012  10:45 AM ET
QUOTE(#13):

Mexico and the Carribean Sea call Gents-fly out Saturday from YYC for 11 glorious days.Adios ! Go Flames Go , and Santa Claus please let me fly home and hear of a new Collective arguing agreement ;-) Cheers All !

be safe my friend, have a good trip...(what's YYC?)

August 2, 2012  10:57 AM ET
QUOTE(#13):

Mexico and the Carribean Sea call Gents-fly out Saturday from YYC for 11 glorious days.Adios ! Go Flames Go , and Santa Claus please let me fly home and hear of a new Collective arguing agreement ;-) Cheers All !

Have fun!

August 2, 2012  11:09 AM ET
QUOTE(#13):

Mexico and the Carribean Sea call Gents-fly out Saturday from YYC for 11 glorious days.Adios ! Go Flames Go , and Santa Claus please let me fly home and hear of a new Collective arguing agreement ;-) Cheers All !

Nice! I'm guesing youre out of YYZ (Toronto)? Great city and great Rush jam!

August 2, 2012  11:10 AM ET
QUOTE(#12):

No - he would be best aborted

Retroactive abortion? Hmmmm................His mom ought to have another chance to decide whether she wants a kid. Makes sense.

August 2, 2012  11:10 AM ET
QUOTE(#16):

Nice! I'm guesing youre out of YYZ (Toronto)? Great city and great Rush jam!

Don't insult the man just before he heads off on vacation.

Have a good one Harry.

August 2, 2012  11:10 AM ET
QUOTE(#16):

Nice! I'm guesing youre out of YYZ (Toronto)? Great city and great Rush jam!

Or NYC? Either way good times!

 
August 2, 2012  11:11 AM ET
QUOTE(#13):

Mexico and the Carribean Sea call Gents-fly out Saturday from YYC for 11 glorious days.Adios ! Go Flames Go , and Santa Claus please let me fly home and hear of a new Collective arguing agreement ;-) Cheers All !

Have a great trip Harry!

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