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Coyotes exec says team isn't broke
Phoenix Coyotes Chief Executive Jeff Shumway shot down a report this week that claimed the financially strapped desert dogs were facing a handful of doom-and-gloom options that include filing for bankruptcy. A story in Toronto's Globe and Mail said the Coyotes were expected to lose up to $35 ...
Will The Phoenix Coyotes Become Extinct?
Will The Phoenix Coyotes Become Extinct?
totalprosports.com — With the economy headed for the second great depression, it seems only fitting that teams in the big 4 sports leagues (NBA, NHL, NFL, MLB) start filing for bankruptcy and suspend operations. The NBA is already feeling this with arenas that are empty and ticket sales .. (more) Will The Phoenix Coyotes Become Extinct?
Growing cause for concern in Phoenix
Growing cause for concern in Phoenix
fromtherink.com — The Phoenix Coyotes are expected to lose between $25- and $35-million (all currency U.S.) this year and with his primary business under financial duress, owner Jerry Moyes may not be able to cover the hockey team's losses any longer. As Swift ... (more) Growing cause for concern in Phoenix
Bickley: Lose Coyotes? Howl, no!
azcentral.com — The other night, the Chicago Blackhawks scored so many goals against the visiting Coyotes that the horn at the United Center ceased to function. No embarrassment is too great for our hockey team, and these days the story seems to be a growing dire. ... (more) Bickley: Lose Coyotes? Howl, no!
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Coyotes CEO Says No Bankruptcy, No Plans To Sell Team
Kuklas Korner — ... Toronto’s Globe and Mail said the Coyotes were expected to lose up to $35 million this season and owner Jerry Moyes may be forced to renegotiate the team’s lease at Jobing.com Arena with Glendale, file for bankruptcy protection or give the team to the National Hockey League. Shumway said Moyes, who also owns trucking company Swift Transportation, has no intention of giving up the team, filing for bankruptcy or giving the Coyotes to the NHL. continued

No Wonder the Coyotes Lose All That Money
FanHouse — ... Many teams have taken to using their local broadcasts to hype big-time ticket specials. Even with attendance and television ratings doing okay in the NHL, there are many teams struggling to fill their buildings. Phoenix is one of these teams. There are reports they will lose upwards of $30 million this season. ...

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