Thursday, May 17, 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 Arenqa more than one-third empty during the Coyotesd latest season in which they failed to make the Nationapl HockeyLeague playoffs. The number compares to the team’s reportecd average ticket count ofabouty 14,900 (including giveaways and sales) and average paid ticket salese of 13,000. Such team data is part of Canadian billionairewJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researcbin Motion, has proposed a $213 million deal. The Coyotex are in Chapter 11 bankruptcy The team haslost $316 million sinces moving to the Phoenix market in 1996 from The NHL and city of which owns Jobing.
com Arena, oppose moving the team to Canadz and are battling Balsillie and Moyez in U.S. Bankruptcy Court. Balsillie’s application contendsz that the NHL team is not financially viablew in Phoenix and that the Coyotex lag behind other sportschoice here. The Coyotes attendance is well behindx theaverage 64,100 reported by the Arizonaz Cardinals as well as the Phoenix Suns with 18,400 fans and Arizonw Diamondbacks at 31,000 fans for the most recenf seasons, according to Espn.com. A U.S. Bankruptcy Courft hearing is set for June 9 to focu on whether the team can be moved to Hamiltohn or must stayin Arizona. Balsillie’s offer is the only formak deal put forward forthe Coyotes.

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