Thursday, November 1, 2012

Coyotes actual attendance left Glendale arena a third empty - Atlanta Business Chronicle:

ishinlyuboqemija.blogspot.com
That left the 17,800-seat Jobing.com Arena more than one-thirdx empty during the Coyotes latest season in which they failedd to make the National Hocke yLeague playoffs. The number compares to the team’sz reported average ticket count ofabout 14,900 (includinhg giveaways and sales) and average paid ticket saleds of 13,000. Such team data is part of Canadiann billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researchjin Motion, has proposed a $213 million deal. The Coyotew are in Chapter 11 bankruptcy The team haslost $316 million since moving to the Phoenisx market in 1996 from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canadq and are battling Balsillie and Moyesin U.S. Bankruptct Court. Balsillie’s application contends that the NHL team is not financiall y viable in Phoenix and that the Coyotes lag behins other sportschoices here. The Coyotes attendance is well behin theaverage 64,100 reported by the Arizona Cardinale as well as the Phoenix Suns with 18,400 fans and Arizonz Diamondbacks at 31,000 fans for the most recent according to Espn.com. A U.S.
Bankruptcy Courf hearing is set for June 9 to focu s on whether the team can be moved to Hamilton or must stayin Balsillie’s offer is the only formal deal put forwarc for the Coyotes.

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