Quote:
Originally Posted by ASU Diablo
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Think about this for a minute, he paid $300 million for the team 4.5 years ago.
There has been endless rumors swirling of other rich people who will do anything to get a team.
As a savvy business man, Alex said, okay pay me over 300% more than I paid for the team and it's yours.... this is the classic, make me an offer I can't refuse then. He called out these big mouths from other states saying fine, go for it. They didn't happen and the Yotes seem to be focused on moving forward with the land auction. More news came out on that this evening.
The public auction date for the land was set today, it will take place on June 27th.
- To ensure that the process starts as quickly as possible if the team places the winning bid on the land, the Coyotes have already secured Gensler as the architect on the project and AECOM Hunt as general contractor.
- There is full commitment to buy the land, and to the extent that there will be other bidders, to outbid them and move forward with this project
- During the 2023-2024 season at Mullett Arena – a year when the team showed some promise at the beginning of the season but will miss the playoffs yet again – the team has had five games with gate revenue at $1 million.
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