Judge rejects BOTH bids for Coyotes!

[mad dingo 6]

Heard live on Fan590.

http://www.tsn.ca/nhl/story/?id=293208

Edited September 30, 2009 by mad dingo

[Yzerfan1999 81]

What the hell do we do now!?

[kidish 0]

Judge Baum is the ******* man.

[RusDRW 155]

and so what? who does care about Phoenix?

[cusimano_brothers 1,655]

The League just signed up here.

[russianswede919293 95]

What a joke this whole situation is. All the NHL did is cost Balsille, itself and Jerry Moyes massive court attorney fees. The team is in the same spot it was 6 months ago.

Bettman is a moron. If he cared about anything other then Balsille NOT getting the team he would have taken a stand to help Phoenix long before he did.

He is making the same mistake all over again. With the Islanders in their situation he should be in the trenches fighting for them to stay in Long Island now, and he is not. When Balsille tries to get the Islanders in Hamilton 4 months from now it will be the same story all over again.

Phoenix will NEVER succeed without being a contender and it wont be a contender without an owner.

Where was good old Gary for Winnipeg and Quebec and Hartford...oh thats right he was expanding the NHL into more of America. Now the clown is all upset because his pet project in Phoenix failed, and thats the only reason he is making a stink.

Sorry for my rant, but the whole situation is a joke and that franchise is in a WORSE position now then it was before. Nobody is going to go to Coyotes games this year...

[russianswede919293 95]

The League just signed up here.

LMFAO...Only Balsille would be the winning bid and there would be another court hearing with the NHL, Moyes, Balsille, Glendale AND Ebay...

And nobody would win the team and it would be re-posted...

[Drake_Marcus 890]

That's what I expected given this judge's fear of making a precedent setting decision. They got a huge ***** of a judge. This guy was despirately seeking ways out of making a choice from day 1.

[kidish 0]

That's what I expected given this judge's fear of making a precedent setting decision. They got a huge ***** of a judge. This guy was despirately seeking ways out of making a choice from day 1.

Balsillie was essentially trying to hijack a team and transplant it in a different market. I agree that there should be some more Canadian teams, but Balsillie's plan wasn't ever going to land a team in Hamilton. (He's failed at it, what, three times now?)

He keeps trying to go around having to work with the league. While I hate the NHL most of the time, the fact that 30 different teams and owners work together to make my favorite sport happen each year matters to me. No, I don't want some maverick ******* moron who thinks HE runs s*** ******* everything else up.

Not to mention, every other NA sporting league was on the NHL's side. Hell, even I was on its side, and I loathe Bettman.

This is a "no bid" on paper, but in reality, the NHL retains the club and another BK solution has to be found -- the good thing is, the club has to go through the courts for a sale, which means a fair sale will happen. (As opposed to the NHL choosing who to pay and when.)

[GORM19 0]

balsile went through the process the right way before only to have that little ****** turn him down twice i dont know what the owners see in him the guy has ruined the game,wouldn't you try a different way if you got turned down before .he just dont want a team moving to canada you watch the coyotes will be in vegas after this year .

Edited September 30, 2009 by GORM19

[vangvace 12]

That's what I expected given this judge's fear of making a precedent setting decision. They got a huge ***** of a judge. This guy was despirately seeking ways out of making a choice from day 1.

+1

[mjlegend 155]

balsile went through the process the right way before only to have that little ****** turn him down twice i dont know what the owners see in him the guy has ruined the game,wouldn't you try a different way if you got turned down before .he just dont want a team moving to canada you watch the coyotes will be in vegas after this year .

I hope Chaka Khan cleared some room off her schedule. She'd be an awesome anthem singer.

[Drake_Marcus 890]

Balsillie was essentially trying to hijack a team and transplant it in a different market. I agree that there should be some more Canadian teams, but Balsillie's plan wasn't ever going to land a team in Hamilton. (He's failed at it, what, three times now?)

He keeps trying to go around having to work with the league. While I hate the NHL most of the time, the fact that 30 different teams and owners work together to make my favorite sport happen each year matters to me. No, I don't want some maverick ******* moron who thinks HE runs s*** ******* everything else up.

Not to mention, every other NA sporting league was on the NHL's side. Hell, even I was on its side, and I loathe Bettman.

This is a "no bid" on paper, but in reality, the NHL retains the club and another BK solution has to be found -- the good thing is, the club has to go through the courts for a sale, which means a fair sale will happen. (As opposed to the NHL choosing who to pay and when.)

This is still a terrible outcome and it's all because the judge was a coward. The turmoil for this club is now going to extend into the regular season, further murdering ticket sales. They've already said season ticket sales have really been hurt by this situation, and now that the court case ended up amounting to nothing the situation is only going to be more f***ed up for the team, the city and the fans there.

Balsille went about it fine the first two times. This time he tried to back door it legally. He didn't cheat or steal-- he tried to use the legal system to achieve his goal. Ultimately it failed because the judge was too terrified to set a precedent. The person that gets screwed over the most is the "owner". Not only does he have a toxic asset and a huge debt incured due to the poor revenues that team produced but he's also lost control over the sale of the asset he owns.

Do you realize how this whole fiasco made the NHL look to the wider sports market? Terrible, poorly managed and basically like a retard rodeo. The NHL and Balsille should've handled this outside of court instead of airing their dirty laundry out for all to see. Now the Coyotes are even harder to sell (due to the ownership/movement situation this season will most likely be their worse financial loss yet) and the NHL loses face.

The number of people who came out looking the same or better here is less than one.

[Cern 0]

This is still a terrible outcome and it's all because the judge was a coward. The turmoil for this club is now going to extend into the regular season, further murdering ticket sales. They've already said season ticket sales have really been hurt by this situation, and now that the court case ended up amounting to nothing the situation is only going to be more f***ed up for the team, the city and the fans there.

Balsille went about it fine the first two times. This time he tried to back door it legally. He didn't cheat or steal-- he tried to use the legal system to achieve his goal. Ultimately it failed because the judge was too terrified to set a precedent. The person that gets screwed over the most is the "owner". Not only does he have a toxic asset and a huge debt incured due to the poor revenues that team produced but he's also lost control over the sale of the asset he owns.

Do you realize how this whole fiasco made the NHL look to the wider sports market? Terrible, poorly managed and basically like a retard rodeo. The NHL and Balsille should've handled this outside of court instead of airing their dirty laundry out for all to see. Now the Coyotes are even harder to sell (due to the ownership/movement situation this season will most likely be their worse financial loss yet) and the NHL loses face.

The number of people who came out looking the same or better here is less than one.

The worst part is, both parties had ample opportunity to avoid the legal mess this has become. If Basillie's 'Make it Seven' tagline extended beyond his own backyard there'd have probably been a bit more flexibility on relocation - with the whole Leafs-veto issue being made null and void. And had the League admitted from the start that hey, maybe just maybe the Coyotes can't survive in Phoenix after all, Basillie would probably either have been far more cooperative with the League with his relocation clause at least accepted as a possibility, or more favourable bids would probably have surfaced rendering Basillie irrelevant. The League has made that change recently, but far too late to provide any kind of saving-face. Everyone suffers because neither side was willing to give an inch.

[CdnWingsFanEh 2]

This is still a terrible outcome and it's all because the judge was a coward. The turmoil for this club is now going to extend into the regular season, further murdering ticket sales. They've already said season ticket sales have really been hurt by this situation, and now that the court case ended up amounting to nothing the situation is only going to be more f***ed up for the team, the city and the fans there.

Balsille went about it fine the first two times. This time he tried to back door it legally. He didn't cheat or steal-- he tried to use the legal system to achieve his goal. Ultimately it failed because the judge was too terrified to set a precedent. The person that gets screwed over the most is the "owner". Not only does he have a toxic asset and a huge debt incured due to the poor revenues that team produced but he's also lost control over the sale of the asset he owns.

Do you realize how this whole fiasco made the NHL look to the wider sports market? Terrible, poorly managed and basically like a retard rodeo. The NHL and Balsille should've handled this outside of court instead of airing their dirty laundry out for all to see. Now the Coyotes are even harder to sell (due to the ownership/movement situation this season will most likely be their worse financial loss yet) and the NHL loses face.

The number of people who came out looking the same or better here is less than one.

And now with the ticket sales being killed even worse, the NHL is going to take a bigger hit, as they are financing the team. With another 30-40 million dollar loss this season, the NHL might as well just have tacked that much on to their bid for the team, and maybe have gotten the judge to sell to them. At least then they could sell it to who they want... How does Bettman keep his job???

[Guest Shoreline]

Unfortunately with the way stare decisis works, the judge is put in a f'ed up situation that leads to the NHL being victorious. There was no doubt Balsillie had the best offer on the table. But it is what it is, and I'm interested to see how the team and fans respond.

[thegerkin 189]

He keeps trying to go around having to work with the league. While I hate the NHL most of the time, the fact that 30 different teams and owners work together to make my favorite sport happen each year matters to me. No, I don't want some maverick ******* moron who thinks HE runs s*** ******* everything else up.

Exactly. Mark Cuban who??

[Manoir 70]

This is a decision that could have been made one week after the trial started. Put it this way,let's say I want to buy the Coyotes for $500 mil but with the condition that I will relocate them to Moose Jaw, Saskatchewan. No one in North America would agree with me even though I'm offering the most. People got hung up on Hamilton because it seems like a viable market and missed the whole point that one man can't unilaterally decide where to put a team.

[evilmrt 636]

Brilliant decision by Judge Baum. He is supposed to have the best interests of the creditor's at stake, yet he rejects both bids because he doesn't have the balls to rule, since either decision would stir up more trouble. So, he's basically passing the buck and nothing changes....except the Phoenix franchise is even LESS valueable now, and will lose much more money this year than ever before. And what does that spell? A much greater risk of the team just folding completely, and creditors getting NOTHING. Brilliant.

Yotes' opening night has been on sale for a week...lower bowl 25 bucks, upper bowl 15 bucks. Guess what? Its not sold out yet.

This will end badly. I feel for the delusional Coyotes fans, all 7 or 8 of them.

[Guest Shoreline]

Brilliant decision by Judge Baum. He is supposed to have the best interests of the creditor's at stake, yet he rejects both bids because he doesn't have the balls to rule, since either decision would stir up more trouble. So, he's basically passing the buck and nothing changes....except the Phoenix franchise is even LESS valueable now, and will lose much more money this year than ever before. And what does that spell? A much greater risk of the team just folding completely, and creditors getting NOTHING. Brilliant.

Yotes' opening night has been on sale for a week...lower bowl 25 bucks, upper bowl 15 bucks. Guess what? Its not sold out yet.

This will end badly. I feel for the delusional Coyotes fans, all 7 or 8 of them.

Maybe Wings fans in Socal/AZ/NV/NM/UT can gather to sell out the crowd for 2 games.

If those prices are true, though, that's pretty damn grim for the credits. GREAT news for Wings fans in AZ for the time being.

But yeah, I don't like Baum's decision, but if anything the way the court system works is what he was at the behest of. They have to look at future implications of what it means for leagues and franchises. All in all, maybe the Coyotes folding/rescinded would be best.

Edited October 1, 2009 by Shoreline

[b.shanafan14 733]

This is retarded. Judge Baum is spineless and doesn't want to set a precedent, just as other have already said. This has resolved nothing, wasted everyones time, money, and patience. Just give the damn team to Balsillie, the guy is desperate for a team, and knows where it can succeed.

What a frustrating situation...

[Opie 308]

This may be a dumb question, but how does the payroll that the league is floating for Pho affect the league's profit margin. At the end of the year the salary cap is based on how much profit the league made correct?

I am serious and not trying to ask silly question, can the failure of the Coyotes affect the salary cap next year?

I don't know a lot about business and the finance side of things.

[cusimano_brothers 1,655]

This may be a dumb question, but how does the payroll that the league is floating for Pho affect the league's profit margin. At the end of the year the salary cap is based on how much profit the league made correct?

I am serious and not trying to ask silly question, can the failure of the Coyotes affect the salary cap next year?

I don't know a lot about business and the finance side of things.

Yes, it most certainly will; and not in a good way.

Two words: immediate ouster.

[drwscc 212]

I believe the proper term for most of this thread is "butthurt."

[Cern 0]

I believe the proper term for most of this thread is "butthurt."

Yeah, court decisions that *don't* essentially guarantee an even worse financial season for a team being kept alive with OUR money are overrated anyway.

If the attendance problem was bad in Phoenix before, Jobing.com arena is going to be a ghost town this year. The only person on the team most people in Arizona have any identity with is gone, and the team's future is now even more uncertain than it was when this thing started. The only good that will come of this is the League finding an owner who will move the team somewhere - ANYwhere at this point - within a season or two, until then it's yet again US who have to foot the bill for this cancer.

Edited October 1, 2009 by Cern