Sunday, October 2, 2011

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

avaohev.blogspot.com
That left the 17,800-seat Jobing.com Arena more than one-thirdc empty during the Coyotes latesr season in which they failed to make the Nationaol HockeyLeague playoffs. The number comparess to the team’s reported average ticket count ofabougt 14,900 (including giveaways and sales) and average paid ticket salea of 13,000. Such team data is part of Canadia n billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researchin Motion, has proposeed a $213 million deal. The Coyotes are in Chaptere 11bankruptcy reorganization. The team has lost $316 million since movint to the Phoenix market in 1996from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canada and are battlinv Balsillie and Moyesin U.S. Bankruptcy Balsillie’s application contends that the NHL team is not financially viable in Phoenix and that the Coyotes lag behind other sportschoices here. The Coyotes attendancwe is well behind theaveragde 64,100 reported by the Arizona Cardinals as well as the Phoeni Suns with 18,400 fans and Arizona Diamondbacke at 31,000 fans for the most recen t seasons, according to Espn.com. A U.S. Bankruptcuy Court hearing is set for June 9 to focuse on whether the team can be moved to Hamilto or must stayin Arizona.
Balsillie’s offer is the only formal deal put forward forthe

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