Here is a quick summary of some of the stories that were passed around this week relevant to the NHL coming to Seattle.
Seattle Arena EIS
KOMO news reported that the Arena EIS process was delayed again. Which is pretty consistent with what we heard from Chris Daniels in July. I dismissed it as no news but then…
Chris Daniels from King5 gives us significant insight to the EIS timeline: Hansen submits final paperwork for EIS piece of Seattle Arena.
I do not want to imply that this is earth shattering news but it was the necessary next step in the EIS process so great to see this progressing.
Arizona Coyotes Ownership
Yes, we are actually talking about the
Phoenix Arizona Coyotes Ownership again. Respected reporter from the New York Post, Larry Brooks published this article that the Coyotes were looking for new investors. The tone of the article gave anti-sunbelt critics plenty of material to work with for a day or so. I usually try to give this types of stories some time to breath before forming an opinion based on a source. The article turned out to be fairly accurate but there was certainly more to the story.
Enter Craig Morgan from the Arizona Republic. Craig posted this follow up on the report with more specific information and a very different tone. One nugget of information is that the Valuation is somewhere in the $305M range just a year after the team was purchased for $170M. Without knowing the specifics of the deal between all parties, it’s really hard to assess what is really going on here. Either way, Craig’s article is certainly spinning it as a very positive thing for the Coyotes.
To tie a bow on it, Joe Yerdon wrote this piece on the situation. The article is worth a read. The cliff notes version is that as much as fans and media have been critical of how Bettman handled the Coyotes situation, the value has gone up, he did not lose a top US TV market and with the new investor, they have more stability and some options.
My take, which is not really going out on a limb, is reality is somewhere in the middle. I have always felt the Coyotes out clause is a reasonable option should the franchise not turn around. I have never felt a move was inevitable. Hopefully the money with help the Coyotes with a marketing push and a potential playoff run. I believe in hockey very much and think with the right ownership group the Coyotes can make it in Glendale. If they can’t, even people in Arizona can not blame the league for trying to make it work.
Paul Allen sat down for an interview with the Oregonian about the upcoming Trailblazer season and he was asked about the likelihood of bringing an NHL team to Portland in
ProHockeyTalk then summed up the whole story very well with this article. It is a great piece to get caught up on the Portland scenario.
I believe Portland & Paul Allen could be a player in expansion or relocation. Based on everything I have read, I still believe that Seattle is the most preferred city of all cities mentioned so if our Arena plan hits some snags, Portland might move from a contingency plan to “the plan”. IF and it is a big if, the Coyotes ownership ends up exercising their escape plan, Portland could be the destination. That said, I don’t think Paul Allen wants to be the landlord, he wants to be the owner of the team.