Sporting Madness

It looks like the Phoenix Coyotes are going to be around Glendale, Arizona for at least another year. TSN's Dave Naylor writes that the city council there voted 5-2 to give the team a $25 million subsidy if they haven't found a buyer by the end of the 2011-12 season. As Joe Yerdon writes, that subsidy should keep them there for at least another year, if not longer, and that means Winnipeg probably isn't getting a team this summer. Of course, that won't make everyone happy; it was only decided after a hilarious council meeting (described perfectly by friend of the blog Dennis Tarwood ) that featured plenty of comments both for and against the idea , and it's sure to meet with criticism from the Goldwater Institute , many Canadian hockey fans and media outlets, economists and others. However, while there are substantial issues around hockey in Phoenix that still need to be addressed, keeping the team there is a good thing from this perspective. It's not that e...

[ Photo : B.C. Lions owner David Braley (left) with the Grey Cup, B.C. Premier Gordon Campbell , former CFL commissioner Tom Wright and 2005 Grey Cup Committee Chair Dennis Skulsky in 2004. From gov.bc.ca ]. Quite the story in this morning's Globe and Mail from David Naylor and Matthew Sekeres . According to the Globe , B.C. Lions owner David Braley "secretly put up half of the $2-million franchise fee when David Cynamon and Howard Sokolowski purchased the Toronto Argonauts out of bankruptcy in the fall of 2003, and continued to lend money to the CFL club". The story says the deal was made without informing then-CFL commissioner Tom Wright (who I spoke with not that long ago about the Coyotes-to-Hamilton situation) and has continued to the present day without the knowledge of current CFL commissioner Mark Cohon . No sources are named and all sides appear to be denying the story, but in very carefully worded terms. For example, consider these comments from Sokol...

One of the interesting things that came out of yesterday's media conference call on the filing of the official application to move the Phoenix Coyotes to Hamilton was the information about the NHL's application process. The application covers the territory required by NHL By-Law 36.5, and there are some curious inclusions and omissions there. First, the application includes substantial information about the Coyotes' financial picture in Phoenix. Here are four of the key points made in the application, excerpted word-for-word from the media backgrounder I received: "- Since inception the Club has recorded cumulative EBITDA losses in excess of $316 million. - The Club has been unable to generate a significant fan base in Glendale demonstrated by a lack of interest in attending a game live, with the Club ranking 5th in attendance interest in that market behind the NFL, MLB, NBA, and NCAA Football. Historic support is weak, attendance is low, ticket sales continue to dec...

Photo: Former CFL commissioner Tom Wright authored the Balsillie group's official relocation application. From daylife.com . Thanks to Brenna Flynn of Jim Balsillie 's media relations team, I was invited to take part in a media conference call this afternoon on the Balsillie group's official application to the NHL(filed yesterday) to relocate the Phoenix Coyotes. It was a highly informative discussion featuring many of the usual suspects who have been covering the story, including Kevin McGran of the Toronto Star , Ken Peters of the Hamilton Spectator and friend of this blog Norm James of A-Channel London. I've got plenty of material to discuss from the call, so I'll spread it out over several posts. First up, a piece on the man who wrote the relocation application, former CFL commissioner Tom Wright . It was perhaps an unusual situation for Wright to be speaking in favour of moving a franchise. Only three years ago, he was still the CFL commissioner and proba...

Well, the Jim Balsillie story continues to develop. The most interesting news since my last post is that of Gary Bettman 's apocalyptic reaction yesterday [ James Mirtle , From the Rink ]. I'll have more analysis on this one later, but for now, I figured I'd start the day with an appropriate song. Here is my version of "The Ballad of Jim and Gary" (apologies to The Beatles ): Standing on the plane down to Phoenix, Trying to get the team refinanced. The man in the back said, "Jim Balsillie's back". I said "Hell no! Just give us a chance." Jim, you know it ain't easy, You know how hard it can be. But the way things are going You're gonna crucify me. At first, things with Jim went so well, In Pittsburgh, we thought he'd be fine. But then the press called to say, "He wants to move away," So I told him he had to refrain. Jim, you know it ain't easy, You know how hard it can be. But the way things are going You're ...

The perfect storm continues to build and a second NHL team in Southern Ontario comes closer by the day. Back in October, this was only informal discussions among NHL governors; late April saw NHL deputy commissioner Bill Daly engage in protracted meetings with interested parties about a team in Vaughan . I predicted a while back over at Out of Left Field that NHLPA executive director Paul Kelly would have to be heavily involved for this to have any chance, and lo and behold, the players' association jumped in full force [ Tim Wharnsby on the side of this relocation. The next crucial element was a team in significant trouble; enter the Phoenix Coyotes, a team heavily in debt, apparently run by the league [ Greg Wyshynski , Puck Daddy ] and entering bankruptcy protection [ Craig Harris , The Arizona Republic ]. All that remained to be found was a prospective owner rich enough to buy the team, throw enough cash into the black hole to keep them operating in Phoenix until he coul...

There's big news in today's Globe and Mail from columnist David Shoalts (as well as Jeff Blair , Roy MacGregor , Paul Waldie , Andrew Willis and Jane Taber ) on the idea of another NHL team for Toronto, which I initially wrote about back in October . Then, it was informal conversations between NHL governors; now, it's moved on to a two-and-a-half hour meeting between deputy commissioner Bill Daly and a group of interested businesspeople. Sounds like it's getting more serious by the minute. The primary problem involved in bringing a new team into southern Ontario is getting the Maple Leafs and Buffalo Sabres to go along with it thanks to their territorial rights. This is where location becomes a key issue, and it's more of an issue for the Sabres than it is for the Leafs. The Leafs already have a huge market to draw from with the massive suburban population of Toronto, and they're in incredibly good financial shape. There's an almost inexhaustible demand...