kittredgeihuhyla1951.blogspot.com
The Coyotes are in Chapter 11 bankruptcy reorganization and owner Jerrhy Moyes has a deal in the works to sell to Canadiann businessmanJim Balsillie, who wants to move the team to The National Hockey League and city of Glendalwe oppose that move. If the Coyotes move to Canada, Gretzky has said he won’tg accompany the team. That could mean a $22 million payourt in deferred compensationfor Gretzky, who is part owner of the Coyotes. If a buyerd is found to keep the teamin Arizona, Gretzkyt still could be out of his coaching job. The Coyotesd haven’t made the playoffx since 2002 — that record remaining unchangedundet Gretzky’s watch, which began in 2005.
If the team staysx in Glendale and he keepshis job, Gretzkyg also could get hit financially, according to bankruptcy court Gretzky earns about $8 million annually from the Coyotes via his $1.6 millio n salary as coach and other compensation as part ownere of the hockey team, accordingh to a legal brief pennerd by Gerald Sheehan, a principal with professional sports financialp firm Beacon Sports Capital Partners LLC. Sheehaj also suggests a new ownerreduce Gretzky’ws compensation down to $2 million. He also suggests other cost-saving measures, including moving offices from leased spaceto Jobing.con Arena.
Revenue also could be increase by boostingticket sales, sponsorships and suite sales and more non-sporting evenyt bookings at the which the Coyotes lease from the city of
No comments:
Post a Comment