Reinsdorf may withdraw bid for Phoenix Coyotes

Discussion in 'Chicago Bulls' started by MikeDC, Aug 4, 2009.

  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

    Joined:
    May 24, 2007
    Messages:
    72,978
    Likes Received:
    10,673
    Trophy Points:
    113
    Occupation:
    Never lost a case
    Location:
    Boston Legal
    There's a difference between being cheap and being out to maximize profits.
     
  2. MikeDC

    MikeDC Member

    Joined:
    May 24, 2007
    Messages:
    5,643
    Likes Received:
    16
    Trophy Points:
    38
    Occupation:
    Professor
    Location:
    Indianapolis, IN
    By the way, I never explicitly put it together, but basically Jerry's son Michael Reinsdorf was involved in much of the design, construction, and "consulting services" performed to the City of Glendale in setting up the arena, negotiating with Jerry Moyes, the former owner, and trying to create a sale.

    That is, Jerry's son was, essentially, being paid by the city to negotiate terms of the sale of the Coyotes and lease of the arena with Jerry and with other potential buyers. Guess who's getting the team for substantially less money.
     
  3. MikeDC

    MikeDC Member

    Joined:
    May 24, 2007
    Messages:
    5,643
    Likes Received:
    16
    Trophy Points:
    38
    Occupation:
    Professor
    Location:
    Indianapolis, IN

Share This Page