Monday, September 20, 2010

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

http://www.dvadestudio.com/?p=1469
That left the 17,800-seat Jobing.com Arena more than one-thire empty during the Coyotes latest season in which they failec to make the National Hocke yLeague playoffs. The number compares to the team’z reported average ticket count ofabout 14,90p0 (including giveaways and sales) and average paid tickety sales of 13,000. Such team data is part of Canadiahn billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researchin Motion, has proposecd a $213 million deal. The Coyotes are in Chapteer 11bankruptcy reorganization.
The team has lost $316 milliomn since moving to the Phoenix market in 1996 from The NHL and cityof Glendale, which owns Jobing.coj Arena, oppose moving the team to Canada and are battlinbg Balsillie and Moyes in U.S. Bankruptcuy Court. Balsillie’s application contends that the NHL team is not financiallu viable in Phoenix and that the Coyotes lag behindf other sportschoices here. The Coyotes attendance is well behindr theaverage 64,100 reported by the Arizonaw Cardinals as well as the Phoenix Suns with 18,400 fans and Arizonqa Diamondbacks at 31,000 fans for the most recent according to Espn.com. A U.S.
Bankruptcgy Court hearing is set for June 9 to focus on whethef the team can be moved to Hamilto n or must stayin Balsillie’s offer is the only formal deal put forward for the

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