Saturday, March 7, 2009

The Saturday Memo

News and Notes from around the Business World of Hockey...

One big story to report today...

- The Coyotes have apparently paid their bills (Arizona Republic).
"The team suspended its payments on Arena last August due to contract negotiations, Coyotes and city officials said last week. Coyotes owner Jerry Moyes is in talks with investors about taking a majority stake in the NHL team...

The Coyotes pay the city a $42,708 arena lease fee each month, plus a percentage of parking fees, sales tax, security costs and repairs. In return, the city took on $180 million in debt to build the arena five years ago."

Good news. Like I've said recently, the situation seems to be calming down and will probably stay quiet through playoffs. But after playoffs the Phoenix situation will be open season for the especially interested Canadian media.

- The cup changed everything last year for the NHL, as that was there promo slogan for the 2008 playoffs. Below is one of the ads which focuses the feeling behind each shift in a game:

With the season coming to a close in about a month, I'm sure the NHL has something lined up so be on the lookout.

Hopefully more later.

BallHype: hype it up!

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