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Post by Bobster231 on Mar 20, 2011 14:10:41 GMT -5
What is the point of even attempting to buy the bonds? If Gary Bettman found a rich friend who will help him out, why.. GWI is just going to file an injunction to block the deal and has a very very good chance of doing that according to experts and other lawyers.
Does the NHL think they have a case fight? That could be the only possibility. Lawyers assuring the case is winnable..
I dunno, just the whole rumour of someone stepping up this late in the game with the pending lawsuit to buy the bonds just doesn't jive with me.
There has to be a scenario that the NHL wants to play out.
I have no clue... oh the drama continues.
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Post by rusty on Mar 20, 2011 14:13:30 GMT -5
Bottom line, the NHL absolutely 100% with out a doubt wants and NEEDS Phoenix to stay. Anything else is not an option and won't be addressed until they absolutely are forced to.
Good bonds, bad bonds, lawsuits, doesn't matter. They have to try everything.
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Post by mcguire4 on Mar 20, 2011 14:15:07 GMT -5
i dont know and i really dont care.
sell the bonds, get it done...or end it.
either way, im good with what happens here. i just want it over, so we can move forward with relocating the yotes or the thrashers.
i hope its over by tomorrow.
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Post by Bobster231 on Mar 20, 2011 14:15:13 GMT -5
I agree Rusty, you nailed it. Trying everything is the main thing here, and the NHL will have tried everything when they found the buyer and attempted to purchase the bonds.
I think that could only be the last avenue for them, once the deal gets blocked its game over
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Post by dandeneau44 on Mar 20, 2011 14:15:57 GMT -5
Perhaps it all is simply to save face. They have "buyers" for the bonds. They sign the deal and wait for Goldwater to file suit like we all know they will. At this point in time the NHL and Hulsizer both pull out saying that they simply cannot wait any longer. It may all just be a public relations game at this point and to prove that they have fulfilled their obligation to Phoenix so governments aren't weary about building new arenas for NHL teams. Now they can't say that the NHL will walk out on them because with Phoenix that is clearly not the case. That is the only reason I can think of. That or they really do plan to stick out a legal battle....
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Post by Bobster231 on Mar 20, 2011 14:17:35 GMT -5
Pulling out all the stops to save face, including we found you a buyer COG, but because the deal is blocked we are forced to leave,
or they really think they have a case and will fight it, only 2 things I can get my head around now
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Post by Puckschmuck on Mar 20, 2011 14:17:34 GMT -5
Bottom line, the NHL absolutely 100% with out a doubt wants and NEEDS Phoenix to stay. Anything else is not an option and won't be addressed until they absolutely are forced to. Good bonds, bad bonds, lawsuits, doesn't matter. They have to try everything. But they also NEED Atlanta, Florida, Tampa Bay, Carolina, Nashville, Columbus, etc. to stay as well. What is clear is that they would prefer NOT to have Winnipeg or QC in the league.  |
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Post by DKehler on Mar 20, 2011 14:18:04 GMT -5
As I mentioned last night, there is no guarantee Goldwater will file for an injunction. And then there's no guarantee that their subsequent lawsuit, if they go through with it, will be successful either.
Municipal bonds, as I understand them, are a pretty safe investment. Bettman probably convinced one or more of his friends that they have legal opinions stating that the deal is legal and not to worry about it. Perhaps he even told them that the NHL would "take care of them" in the "unlikely" event that the bonds get defaulted on.
All of these are possibilities when you realize that the NHL will pretty much stop at nothing to keep the team in Glendale. We will soon find out.
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Post by rusty on Mar 20, 2011 14:18:30 GMT -5
I agree Rusty, you nailed it. Trying everything is the main thing here, and the NHL will have tried everything when they found the buyer and attempted to purchase the bonds. I think that could only be the last avenue for them, once the deal gets blocked its game over I don't even know if time is their biggest enemy. I'm not sure. |
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Post by bigblueboy on Mar 20, 2011 14:20:08 GMT -5
The NHL has done all they can its not something they want to do is move a team back here its the only option time wise. Why do they feel coming back here is so bad I dont know, but if its wasn t here where else could they go thats all ready for a return as Winnipeg is. Bettmans ego is in the way as always!!!
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Post by rusty on Mar 20, 2011 14:22:18 GMT -5
No saving face, no this or that to show they tried, etc. They do not want to leave Phoenix. I don't believe it has anything to do with hating Winnipeg or whatever. The NHL has reasons that it needs to stay in Phoenix.
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Post by dandeneau44 on Mar 20, 2011 14:26:37 GMT -5
There is no saving face or shows for we tried everything, etc. They do not want to leave Phoenix. No saving face, no this or that to show they tried, etc. They do not want to leave Phoenix. I don't believe it has anything to do with hating Winnipeg or whatever. The NHL has reasons that it needs to stay in Phoenix. True. At the end of the day though do you honestly think the BoG are going to want to wait this out. Bettman and his ego may want to wait it out but I doubt the risk or losing $40million next year if this is deemed illegal will sit well with the Governors especially when some of them are hardly scraping by. Why risk all of that when plan B is an incredibly simple one? It makes you wonder and honestly I just want this to end. Hopefully tomorrow... |
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Post by razorsedge on Mar 20, 2011 14:28:37 GMT -5
The nhl deems maintaining a footprint in arizona more important then returning to winniprg.
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Post by rusty on Mar 20, 2011 14:29:20 GMT -5
There is no saving face or shows for we tried everything, etc. They do not want to leave Phoenix. No saving face, no this or that to show they tried, etc. They do not want to leave Phoenix. I don't believe it has anything to do with hating Winnipeg or whatever. The NHL has reasons that it needs to stay in Phoenix. True. At the end of the day though do you honestly think the BoG are going to want to wait this out. Bettman and his ego may want to wait it out but I doubt the risk or losing $40million next year if this is deemed illegal will sit well with the Governors especially when some of them are hardly scraping by. Why risk all of that when plan B is an incredibly simple one? It makes you wonder and honestly I just want this to end. Hopefully tomorrow... I'm not sure if they are willing to wait it out or not. But I do know that as long as they can "check off a step" it will be done. Right now its the bonds. Regardless of the GWI lawsuit, the NHL still can sell the bonds. If GWI sues and the bonds are done, etc, then I don't know what the next step is, I don't think they do either. The selling of the bonds is the task at hand. |
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Post by neufeld on Mar 20, 2011 14:30:27 GMT -5
If the bonds do have a buyer (snicker), is there an automatic announcement about Atlanta moving here, or are we waiting until May/June?
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Post by gobombersgo on Mar 20, 2011 14:32:16 GMT -5
I don;t think any believe that it is a guarntee and the deal is done that Atlanta moves here. If the bonds do have a buyer (snicker), is there an automatic announcement about Atlanta moving here, or are we waiting until May/June? |
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Post by rusty on Mar 20, 2011 14:32:44 GMT -5
I've believed since day one, even with the sh*t show in Glendale, it was going to be Atlanta. As bad and worse as it gets in Phoenix, the arena could burn down for christ sakes, I don't think it matters. I still think its going to be Atlanta.
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Post by neufeld on Mar 20, 2011 14:36:06 GMT -5
I've believed since day one, even with the sh*t show in Glendale, it was going to be Atlanta. As bad and worse as it gets in Phoenix, the arena could burn down for christ sakes, I don't think it matters. I still think its going to be Atlanta. Thats the thing that I keep wondering about. The people on here who seem to be in the know have consistently been saying it is all about Atlanta, despite the sitcom going on in the desert. That is why I wonder if the bonds go through, Atlanta is not going to make the playoffs, so is something going to happen really fast with them? |
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Post by gobombersgo on Mar 20, 2011 14:36:47 GMT -5
If this is in fact true, Bettman should have no trouble convincing the BOG that they need to own this team fot yet another year to try and find new owners or rework the deal in place. The nhl deems maintaining a footprint in arizona more important then returning to winniprg. |
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Post by wagner3 on Mar 20, 2011 14:37:59 GMT -5
What is the point of even attempting to buy the bonds? If Gary Bettman found a rich friend who will help him out, why.. GWI is just going to file an injunction to block the deal and has a very very good chance of doing that according to experts and other lawyers. Does the NHL think they have a case fight? That could be the only possibility. Lawyers assuring the case is winnable.. I dunno, just the whole rumour of someone stepping up this late in the game with the pending lawsuit to buy the bonds just doesn't jive with me. There has to be a scenario that the NHL wants to play out. I have no clue... oh the drama continues. anything can happen....i don't believe GWI's case is 100% slam dunk because the subsidies were tailored to try to get around the gift clause by making it appear like COG got something valuable in return...yes its a sham but it might -- I said MIGHT -- make it past a judge...nothing is guaranteed...the NHL has decided to "test" this case I guess if bonds sold (likely to someone connected to BOG or NHL)...it ain't over until it's over... |
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