Tuesday, May 29, 2012

Coyotes actual attendance left Glendale arena a third empty - Pittsburgh Business Times:

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That left the 17,800-seat Jobing.com Arena more than one-thir d empty during the Coyotes latesyt season in which they failerd to make the National HockeyLeague playoffs. The numbedr compares to the team’s reported average ticket count ofabouty 14,900 (including giveaways and sales) and average paid tickett sales of 13,000. Such team data is part of Canadiam billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researcyin Motion, has proposed a $213 million deal. The Coyote are in Chapter 11 bankruptcu reorganization.
The team has lost $316 million sincer moving to the Phoenix market in 1996 from The NHL and city of whichowns Jobing.com Arena, oppose moving the team to Canadw and are battling Balsillie and Moyesz in U.S. Bankruptcy Court. Balsillie’ s application contends that the NHL team is not financiallh viable in Phoenix and that the Coyotes lag behinrd other sportschoices here. The Coyotes attendance is well behind theaverage 64,100 reported by the Arizon Cardinals as well as the Phoenixd Suns with 18,400 fans and Arizona Diamondbackds at 31,000 fans for the most recent seasons, accordingt to Espn.com. A U.S.
Bankruptcy Court hearin g is set for June 9 to focuxs on whether the team can be move to Hamilton or must stayin Balsillie’s offer is the only formal deal put forward for the

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