I feel like some people really aren't following this saga very closely, including TSN.
They're ignoring a huge issue that very well could mean Doan leaving Phoenix.
A source confirmed to ESPN.com Tuesday evening that suitor Greg Jamison, the former president and CEO of the San Jose Sharks
, has finally arranged financing that would allow him to purchase the team from the National Hockey League for $170 million, and that any issues with the lease agreement between the City of Glendale and Jamison’s investors for Jobing.com Arena, where the Coyotes play, are expected to be resolved by the end of September.
Any issues are "expected" to be resolved, not guaranteed. And if it takes till the end of September to come to an agreement that means Jamison won't be able to purchase the team until after Doan's September 15th deadline.
The city of Glendale wants to completely change the 20 year $300 million lease agreement, which they absolutely have the power to do.
And any material changes to that arena deal by Glendale will require a new City Council vote, according to officials familiar with issue. That means if the city tries to rework the payment timetable, amounts and structure, it will likely require a fresh vote from the Glendale council.
So any changes that they want to make will have to be voted on by the council, which hasn't been scheduled yet, and might not be until October for all we know. The bottom line is, Phoenix is in the crapper, and there is an election coming up. So I can guarantee you that city council will want to make it look like they got the best deal possible for the city. Meaning there could be a long negotiation.
Basically this saga is not as close to being over as people here are trying to pretend it is.
Edited by D-Bo7, 06 September 2012 - 07:31 PM.