Phoenix Coyotes are $20 million short of staying in Glensdale
Keyword: phoenix coyotes, sale, $20 million
Things are not looking good right now for Greg Jamison, the buyer of the Phoenix Coyotes, who is approximately $20 million short of the money he needs to buy the hockey team and keep them in Glendale. Hey Shane Doan, are the New York Rangers looking good right about now?
Jamison, The former San Jose Sharks CEO, has been trying to buy the Coyotes since 2011. He recently bought a minor league hockey team in the San Francisco Bay Area and is seeking out investors and partners to get the deal done. Asking price for the Coyotes is $170 million after being bought back in 2009 and taken out of bankruptcy for $140 million. Gee must be nice to just drop $140 million on a team like its nobodies business huh?
The uncertainty of the Coyotes future as well as Doan is still in limbo, and only time will tell what is ahead for both. Stay with us as we learn more on this story as well as where Doan will end up. Rumor has it the LA Kings and Nashville Predators have recently popped up on the radar.