Well, the wind is howling, the chill is 49, and it's getting pretty hard to convince Rico that he should go outside. The final plans for the southern vacation aren't all ironed out, but we're getting pretty close.
There's plenty of news on the Coyotes today, but surprisingly, none of it is as detailed, and covers all of the bases like my blog did yesterday. I guess all of those professional sports journalists don't have access to the internet. The only thing that was added today was that the City of Glendale is threatening some lawsuits with the Goldwater Institute for interfering with their attempted transaction. Blah, blah, blah.
The Atlanta Thrashers look so much more appealing to me. The Atlanta Spirit owns the Thrashers and the Atlanta Hawks (of the NBA), and is headed up by Michael Gearon. While they aren't technically looking to sell, the hockey team is hemorrhaging money (to the tune of $20M/season), and the Spirit is looking for investors to help spread out the losses. Apparently their aren't that many multi-millionaires that are looking for write-offs right now. They are also in the last of a seven year no-relocation deal with the NHL, which means that they are free to move the club at the end of the season.
While, like I said, they aren't technically looking to sell, any businessman will tell you that everything's for sale (at the right price). With no suitors calling in regards to joining them as investors, and their lack of restrictions in regards to moving, they seem ripe for the picking, have way fewer strings attached, and less excess baggage. The Coyotes are losing $30M, and the Thrashers are only losing $20M (I didn't think that I'd ever use the word "only" when talking about losing $20M). All things included, the Thrashers look much more appealing. The saga continues.
Stay tuned.
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