- Oh look, the Phoenix bankruptcy situation is fucked up again. You know, what we need is some lawyers to write an intelligent blog post to sort all this out. Anyone know any lawyers? Good ones, we mean;
- Cops get involved in Montreal when 'Nucks forward Alex Burrows swings his stick "violently" during a summer league game.
Tuesday, August 04, 2009
The Morning Skate for Tuesday, August 4th
Bullet points for what you missed while having nightmares of getting indicted on weapons charges...
Subscribe to:
Post Comments (Atom)
5 comments:
Basically, Reinsdorf wants heavy subsidies from the city. A bit like European cities do for opera houses or museums. I wonder why Phoenix taxpayers would accept this.
"Reinsdorf has asked for a special taxing district to be created near the arena that would pay the new owners as much as $23 million next year, according to documents obtained by The Arizona Republic. And if the team were still losing money after five years, Glendale would have to pay Reinsdorf $15 million for each year of losses or allow the team to be sold and moved without penalty, according to the newspaper."
No sane citizen would accept that.
No sane citizen would accept most of the subsidies and hand-outs provided to professional sports owners in North America.
As such, I'm guessing the city goes for it.
All Jerry needs to do is buy off a few city counsellors, which I doubt is an overly difficult task.
In fact Reinsdorf already has the Glendale City Manager (Ed Beasley) in his pocket, so will obtain pretty much all he wants from the City.
Source
Gotta love the relocation clause in the bid after Jerry made it clear he wants to stay in Phoenix.
IMO they should move to Milwaukee.
Post a Comment