Wednesday, August 1, 2012

Coyotes actual attendance left Glendale arena a third empty - Phoenix Business Journal:

hihozeima.blogspot.com
That left the 17,800-seat Jobing.com Arena more than one-third emptyu during the Coyotes latest seasomn in which they failed to make the Nationalp HockeyLeague playoffs. The number compares to the team’d reported average ticket count ofabout 14,90p0 (including giveaways and sales) and average paid tickett sales of 13,000. Such team data is part of Canadiab billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researcjin Motion, has proposed a $213 million The Coyotes are in Chapteer 11 bankruptcy reorganization.
The team has lost $316 million sincwe moving to the Phoenix market in 1996 from The NHL and cityof Glendale, which owns Jobing.com oppose moving the team to Canada and are battlinhg Balsillie and Moyes in U.S. Bankruptcgy Court. Balsillie’s application contends that the NHL team is not financiall y viable in Phoenix and that the Coyotes lag behind other sportwchoices here. The Coyotes attendance is well behind theaverage 64,100 reported by the Arizona Cardinals as well as the Phoenis Suns with 18,400 fans and Arizonsa Diamondbacks at 31,000 fans for the most recent according to Espn.com. A U.S.
Bankruptcy Court hearing is set for June 9 to focuxs on whether the team can be movedx to Hamilton or must stayin Balsillie’s offer is the only formal deal put forward for the Coyotes.

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