Tag Archives: National Hockey League

What do Hicks and Moyes have in common? Perhaps we should ask the NHL!

Tom Hicks, vice Chairman of the NHL

Tom Hicks, vice Chairman of the NHL

 

 

 

 

 

 

 

 

For the bullet summary, please go here.

 Power! It’s a wonderful thing. How do you get it? Why not ask former Prime Minister Brian Mulroney?

Tom Hicks  is the vice-chairman of the National Hockey League’s Board of Governors. He is also the owner of the Texas Rangers Baseball Club.

Tom Hicks and Jerry Reinsdorf share interest in Major League Baseball, and they also own teams. At least, Hicks still technically has a hold of the Texas Rangers.

You see, Hicks’ sports holding company, Hicks Sports Group is in default.

Where Major League Baseball will likely play by fair rules and strip ownership, the story in the NHL office is a little different.

According to the Wall Street Journal, the NHL is protecting Hicks’ interest in the Stars, where the MLB isn’t:

That won’t happen for at least 180 days, however, as lenders have agreed to National Hockey League provisions that prevent immediate foreclosure. Major League Baseball’s rules for such situations are more fluid, though if Hicks Sports Group can’t satisfy lenders, the lenders can eventually force an MLB-sanctioned sale of the Rangers.

You see, when you are the Vice-Chairman of the NHL, I suppose like an American Express card, that kind of stature ‘has it’s priviledges’.

Unlike Jerry Moyes, Tom Hicks has been in trouble for months, but you don’t see the NHL handing over proxies to strip him of any control, do you? Oh contraire, quite the opposite is occuring it would seem.

And the WSJ adds just how far ‘to bat’ the NHL will go on this one for Hicks:

A spokesman for NHL Commissioner Gary Bettman declined to comment. Bob DuPuy, chief operating officer of Major League Baseball, also declined to comment.

Relations between the Hicks Sports Group lenders and the NHL have grown increasingly testy of late, with the NHL threatening to do all it could to block a forced sale of the Stars, according to people involved in the matter.

Will Gary Bettman spare Tom Hicks from ‘embarassment’ as he professed to do for Jerry Moyes?

It would seem there are different sets of rules depending on who you are. At least baseball doesn’t have the same bias.

Well, let’s have a look, shall we.

Remember, Jerry Reinsdorf was approved by Hicks as a good choice of owner. Would Hicks know Reinsdorf having  shared owning positions in the MLB? Probably.

Would Hicks have known Reinsdorf when they fundraised for John McCain in the 2008 Presidential Campaign?  Good chance.

And, isn’t it a coincidence that Tom Hicks is also a land developer? My word!

Yes, according to the Dallas Stars website on Hicks:

An Empty Victory: When urban planning fails to live up to expectations

An Empty Victory: When urban planning fails to live up to expectations

Hicks Holdings is a partner with Hillwood Development Company in the Victory Park project in downtown Dallas.  Hicks Holdings is a developer of a 75-acre urban town center /multi-use development on the land adjacent to the Rangers Ballpark in Arlington; and of Champions Park, a 40-acre office/retail development in Frisco, Texas

And, if we look at the reasons that Dallas originally decided on the Victory Park project, check out the similarity in thinking to that of Glendale. Downright scary:

Having for a long time failed to populate its dowtown with any residents, the city made a concerted effort (i.e. gave lots of tax incentives) to refurbish and even repurpose vacant office buildings into top-of-the-line apartments and condominiums. It even subsidized a neighborhood grocery store to get residents to stay. Yet these efforts were modest compared to one of the largest new mixed-use developments just outside the central business district Victory Park. 

Well, how did Victory Park do? Probably best described by the same blogger:

Now, only a few years later, Victory Park seems to embody at the local level the wreckage of the global real-estate bust. The trendy restaurants have been shutting down one by one, the public plaza feels like a ghost town when basketball and hockey games are not taking place at the arena. Most of the shops have closed their doors and many residential units remains unsold. Another major hotel flag backed out of the project, leaving a large parcel at the center of the development undevelopped, undermining viability of the planned street blocks. The local television newscast still broadcasts from Victory, but struggles to show an outdoor shot for a constant lack of pedestrians. Despite civic groups’ efforts to stage rallies, awards ceremonies, film festivals and new year’s parties, Victory continues to fail as a favorite place to congregate.of t

Sounds a lot like the thinking of Glendale. Any coincidence that sports ownership and land development goes hand in hand in places outside of Glendale?

Any coincindence that there could be strong support by the vice-Chairman of the NHL to a man like Jerry Reinsdorf, with likely relationship formed over several years?

What chance would a man like Jim Balsillie have? Does he own an MLB team? Did he fundraise for John McCain? Is he involved in land or sports arena development?

For that matter, what chance did Jerry Moyes have? He wasn’t in the same kind of ventures some others in sports are.

Where Hicks gets six months reprieve from the NHL, Jerry Moyes got six months of takeover planning behind his back. Where Hicks gets 180 days to find more investors, Jerry Moyes got to sign proxies giving up his rights. At least, that’s what Gary Bettman thought.

But, don’t feel sorry for Hicks. He is looking to make an acquisition in the $billions for a packaging company. It would seem he has decided to stop flooding his wealth into the hockey and baseball teams to bail them out, and didn’t pay his $10 million payment.

When you have lots of wealth and power, you can pick and choose, and make some people wait.

And, it would appear Gary Bettman wants to continue to be accomodating to Hicks, because after all, Hicks could likely have pull enough to control the fate of Bettman in the NHL office . No wonder Mr. B is so helpful and supportive.

Ah, power! Ain’t it grande?

So, when we ask ourselves if the vote for Reinsdorf and the overwhelming denial of Jim Balsillie was fair, we only need to look at the relationships and the associated ‘treatment’ a friend gets, and the poor treatment one not as connected receives.

How are things in the back pocket of Mr.Hicks, Gary?

Fair for Moyes or Balsillie? Please!

 

he global real-estate bust. The trendy restaurants have been shutting down one by one, the public plaza when basketball and hockey games are not taking place at the arena. Most of the shops have closed their doors and many residential units remains unsold. Another major hotel flag backed out of the project, leaving a large parcel at the center of the development undevelopped, undermining viability of the planned street blocks. The local television newscast still broadcasts from Victory, but struggles to show an outdoor shot for a constant lack of pedestrians. Despite civic groups’ efforts to stage rallies, awards ceremonies, film festivals and new year’s parties, Victory continues to fail as a favorite place to congregate.

 oOn a Saturday in January, a little after midnight, there are only a few people milling about Perot’s district. Most of them are headed to the Ghostbar, one of the few places that hasn’t shut down for the night. At the AT&T Plaza, the heart of Victory Park that fronts the southern edge of AAC, two mammoth super screens blare a series of artsy images to a crowd of, well, no one.  Billed as “one of the largest outdoor digital mediums in the world,” the screens were supposed to be a landmark attraction in the glamorous development. Now they just seem a once-coveted Christmas gift tossed awkwardly aside.ry Pa The brainchild of Ross Perot Jr. (the son of the former presidential candidate), Victory was advertised as the the premier masterplanned urban community, designed for the on-the-go single professional who desired place to live, work, shop and play. Anchored by a state-of-the-art basketball arena and a luxury condo-hotel, Victory was going to be a district defined by high-rise apartments, fashionable street retail, trendy restaurants, and a public plaza surrounded by gigantic and moving digital projections. Apparently, what Dallas needed was an instant Times Square, complete with a glassed-in television studio at the corner to highlight the crowded pedestrian-filled sidewalks that are common in the city (…uh huh). After an early flirtation with a low-rise, historicist architectural theme, it was decided for this district to appear distincitively contemporary, with multiple glass skyscrapers of at least 25 stories, bamboo landscaping and reflecting pools with clean edges.
Victory Par

The brainchild of Ross Perot Jr. (the son of the former presidential candidate), Victory was advertised as the the premier masterplanned urban community, designed for the on-the-go single professional who desired place to live, work, shop and play. Anchored by a state-of-the-art basketball arena and a luxury condo-hotel, Victory was going to be a district defined by high-rise apartments, fashionable street retail, trendy restaurants, and a public plaza surrounded by gigantic and moving digital projections. Apparently, what Dallas needed was an instant Times Square, complete with a glassed-in television studio at the corner to highlight the crowded pedestrian-filled sidewalks that are common in the city (…uh huh). After an early flirtation with a low-rise, historicist architectural theme, it was decided for this district to appear distincitively contemporary, with multiple glass skyscrapers of at least 25 stories, bamboo landscaping and reflecting pools with clean edges.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

 

 

Reading ‘through’ the lines. What you read in the newspapers is not even close to the real story!

 
For the bullet summary, please go here.
 
‘If you could see what I see.’
 
As many of you know, I started writing about this case more than a month ago. You also know I write out of an underlying compassion for injustices suffered.
Paramount to this case is the position that Jerry Moyes has found himself in. He put the Phoenix Coyotes in Chapter 11, much to the chagrin of Gary Bettman and the NHL, not to mention several key parties involved in this bankruptcy. Jerry Moyes’ move has opened up a world of hurt, that mainstream media has not begun to talk about, and only in a small way has touched on.

I have witnessed this case from an angle that perhaps not too many would understand. I will attempt now to explain a little more of what has happened as seen from my perspective, an angle that includes the  monitoring of ‘reaction’ to articles posted, and the key parties it has attracted. Again, in order to bring this to light and help you understand better, it is important that I share this unique perspective with you.

When you have a website or blog, there are services on the internet that can provide the website owner who has visited their site, and if there is a company name for the server, it will list the name. It will tell which page(s) were visited, and the times they were visited. It also lists the IP addresses of the computers where the visits were from. This, as you will learn, plays a key role in the research I have done, and will play a key role in the future should the authorities be interested in using this information. I will explain this in more detail as we move along.

I have had more time to ‘digest’ the court proceedings of yesterday, and have been able to conjecture, based again on a bigger understanding, the reasons for what transpired.

We can look at several key statements. And, we can then look at the strategy and potential reason(s) the statements were made.  It is also of note that several people came to court to be seen, and to be noted. Specifically,  Anthony LeBlanc and Gary Bettman. OK, let’s begin the analysis.

Statement from Jerry Reinsdorf’s attorney Abramowitz:

Abramowitz urged the court to “do anything it can” to keep Reinsdorf’s bid alive.

Analysis: It has been shown throughout the articles written on this site, that there is a strong possibility of collusion among several key individuals and companies surrounding the City of Glendale, and it’s desire to build infrastructure of the city. Jerry Reinsdorf’s son Michael is pivotal to this idea. Also involved is Michael Dell. At this point, after much comings and goings from the articles related to the suggestion of collusion, the Reinsdorf camp is ready to pull out. Jerry Moyes’ attorney’s have been applying pressure on Reinsdorf and others to build a case to support the notion of collusion. It would seem the Reinsdorf group is hiding behind the safety net of the court, and specifically the bankruptcy court to protect information vital to the case that Moyes may have to support the collusion allegations.

The bigger issue at this point is ‘appearance’, and not results. I strongly believe that the Reinsdorf group is attempting damage control. It is fairly obvious that the concessions demanded from Glendale are highly unlikely to materialize, but the perception of looking like they are following through on an attempt is the goal at this point. To further back this up, we can look at comments made by Reinsdorf’s attorney, Alan Klein.

Statement via phone to the court, from Reinsdorf Group attorney Alan Klein:

Earlier in the hearing, the Reinsdorf group’s attorney Alan Klein said by telephone that his clients were fed up with the meddling and interfering as they attempted to work out the details of their offer.

Klein indicated Reinsdorf was on the brink of withdrawing the bid.

“I don’t know how long we’re going to be in here wasting time and money,” Klein said, noting that confidential information already had been made public by Moyes’ attorneys, who said it was a mistake and have apologized.

Analysis: When you are not a straight shooter you tend to contradict yourself in the attempt to cover up truths. Specifically in this case, you have Abramowitz saying that the court is urged to keep the bid alive, and in the next breath we have Klein saying his client is not going to waste time and money, and his client is on the brink of withdrawing?  Which is it, commitment or ‘flight’? Dedication to the cause, or just going through the motions? Again, are we supposed to pull punches when there is potential for collusion, and the stripping of a man’s wealth and reputation at stake? Short answer: No!

This whole attitude serves two purposes: 1) to give an excuse to pull out, and 2) to give justification for not wanting more information to become public.

The expectation of concessions from the City of Glendale is a PUBLIC matter. There should not be anything held secret regarding negotiations or anything else related to the taxpayers and their money. What could be so secret that it would send a bid and bidder packing? To put this in comparative terms, Jim Balsillie’s cards are on the table. The money for the team. There are no secret negotiations. Anything that needs to remain so secret in a situation so entirely suspect already cannot help but raise more flags and suspicion.

A further statement from Abramowitz:

 

Outside the courtroom, Abramowitz declined to say whether the company still supported Balsillie’s offer, as well.

Balsillie’s representative Richard Rodier said Abramowitz’s announcement came as a surprise in the long, twisted bankruptcy process

Analysis: Just like the conflicting lawyer statements for the Reinsdorf group (‘court please consider this bid’, and the other, ‘we are ready to run’), the lawyer for SOF Investments pulled a turnaround that surprised everyone. Well, in order to appreciate and understand the conflicting positions and  the turnaround, it is important to look at the  ‘cover up’ thinking.

Why would SOF first say they support the Balisillie bid?

 Well, because the aspect again about being part of a collusion was the issue. If they say they do not support the Reinsdorf idea of renegotiated debt, that would get them off the hook for collusion. But, upon further thinking, and perhaps discussion with the colluding members, the next strategy would come.

 They must make it look like they are not phased by the allegations of collusion and go back to the original thinking. The reason for this upon further reflection, is if SOF is scared off at this point, then in civil action, Moyes will have a strong case against the group, and use the evidence from the bankruptcy procedings in the future civil case. So, ‘appearing’  now as unphased by the allegations of collusion, explains the turnaround from the original ’strategy’ of supporting Balsillie to the new strategy of support for the Reinsdorf debt reworking. Ping pong best played by those scrambling to find the best way out of a terrible situation.

 The only problem is, it becomes obvious when the facts are put together. This also further ties into Reinsdorf’s  ‘ready to withdraw’ thinking. Everyone is simply looking for the best way out. The bid is just a means to an end. And since the expectations of concessions are so far out of sight, and will likely never pan out, going through the motions  is of little risk:

Heck, no wonder Jerry Reinsdorf might look at the Phoenix Coyotes — at least, if he gets the sweetheart deal from the City of Glendale that’s been reported. It includes a special tax to generate $23 million annually, plus $15 million if the Coyotes lose money.

Here’s our calculation: $38 million in taxpayers’ money from the city, $8 million to $12 million in revenue sharing from the league, and another $10 million in escrow from players. See, that’s all you need to make hockey work in Phoenix — about $60 million every single season in glorified welfare. It’s so simple.

To add further insight from my perspective into this, I will bring up again the ‘visits to the site’ information to support the validity that collusion was very likely.

If I was completely out in left field, as a blog writer from Hamilton, Ontario, how in the world would I have had such an impact on this case in Glendale, Arizona? When the article about Jerry Moyes being a victim of a squeeze play was released, it cannot be emphasized enough that it stirred the pot, and had an immediate ripple effect of going from Vieste LLC, to the NHL offices, to the City of Glendale offices, in a very short period of time, and in that order. That is when they knew the ‘jig was up’!

From that point, I have had a steady stream and pattern of visits to this site at key times. From MSD Capital and the City of Glendale just recently. The order of MSD, then the City of Glendale, further supporting the notion of ‘planning’ to answer the allegations of collusion and to change the strategy, which we have seen threw a curve at the participants.

After these recent visits, the SOF position changed to support Reinsdorf’s restructuring of debt. From the outside view, a twist, but from an overview as explained by reactions and visits to certain articles on this site, a simple change of story, and strategy to minimize a potentially damaging situation. What’s the best way to handle this, and the potential of Moyes’ taking civil action?  The new strategy we are witnessing now.

Let’s move on to Anthony LeBlanc. First, it is important to note that LeBlanc showed up in court. This was intentional strategy number one for Ice Edge.

What LeBlanc said, was even more important, and this was the key:

WhiteCoyotes BK: IceEdge’s LeBlanc says financing nailed down, near “partnership” w/Glade. Aware of perceptions: “We don’t want to be vilified.”

 

Analysis: Who exactly is ‘vilifying’ Mr. LeBlanc? If he is referring to the facts as outlined in the articles from this site, then I would suggest Mr. LeBlanc become transparent as well. This is not to be counted on however. You see, when you have things that don’t work in your favor, you use again the rules of court to get away with not having to be transparent, and admit relationships, and other things. These are saved for civil procedings.

Instead, you agree with other parties that do not want certain things to be discussed, and become known, as in this comment by LeBlanc in court:

Coyotes BK: Leblanc says he agrees w/Reinsdorf threat to walk away. Would do same if asked for more info.

Again, it was more important for LeBlanc just to be there. As far as can be remembered, the Ice Edge group is also expecting loan reworking of SOF, and negotations on concessions with the City of Glendale. Ice Edge is almost an afterthought at this time. Where is mention of SOF agreeing to the terms of the loan renegotiation with Ice Edge? Not an issue. The bigger issue is looking like business as usual.

The biggest statement LeBlanc said, was not wanting to be vilified. Translation: no, we are not guilty of collusion too. Please leave us alone.

This group is a non-entity in the grand scheme of things, at least at this point.

Finally, we move on to Gary Bettman. It is my understanding Mr. Bettman was ready to ‘testify’ to the court, and when he was advised the court was not in session for testimonies, he commented that it was ‘like Seinfeld’, ‘nothing was happening’. Well, there was a lot happening, just not anything that would appear on the surface.

The sheer fact that Mr. Bettman wanted to make a probably well rehearsed speech, is in it’s own right, a suggestion that there are accusations that need to be addressed. Hence, Mr. Bettman’s presence in court. His comment though, outside of court, suggesting Reinsdorf was thinking ‘roadblocks’ were put in the way of bidding, is absolutely correct.

You must understand, that for Jerry Moyes, his understanding of being setup, and colluded against would be considered grounds for a ‘roadblock’ or two. It would be grounds for anyone.

From Judge Baum’s perspective, I can appreciate he is trying to avoid all unnecessary powderkegs in these proceedings, as he knows there are several. But he also knows that it is ‘not his department’. There are potential civil, and criminal issues at hand here, and he is avoiding them, and rightfully so.

How do I know there are more issues at hand? Well, again, when you can see the comings and goings on the site, it should be noted that the U.S. Justice Department, and the U.S. office for Fiscal Policy have been by. There is likely more going on behind the scenes than we will ever know.

This case, and the circumstances surrounding it are far reaching, and may have consequences that are just starting to be realized now.

So, in the words of Elmer Fudd, “Wun you waskle wabbit, wun!”

 

 

 

Reading 'through' the lines. What you read in the newspapers is not even close to the real story!

 
For the bullet summary, please go here.
 
‘If you could see what I see.’
 
As many of you know, I started writing about this case more than a month ago. You also know I write out of an underlying compassion for injustices suffered.
Paramount to this case is the position that Jerry Moyes has found himself in. He put the Phoenix Coyotes in Chapter 11, much to the chagrin of Gary Bettman and the NHL, not to mention several key parties involved in this bankruptcy. Jerry Moyes’ move has opened up a world of hurt, that mainstream media has not begun to talk about, and only in a small way has touched on.

I have witnessed this case from an angle that perhaps not too many would understand. I will attempt now to explain a little more of what has happened as seen from my perspective, an angle that includes the  monitoring of ‘reaction’ to articles posted, and the key parties it has attracted. Again, in order to bring this to light and help you understand better, it is important that I share this unique perspective with you.

When you have a website or blog, there are services on the internet that can provide the website owner who has visited their site, and if there is a company name for the server, it will list the name. It will tell which page(s) were visited, and the times they were visited. It also lists the IP addresses of the computers where the visits were from. This, as you will learn, plays a key role in the research I have done, and will play a key role in the future should the authorities be interested in using this information. I will explain this in more detail as we move along.

I have had more time to ‘digest’ the court proceedings of yesterday, and have been able to conjecture, based again on a bigger understanding, the reasons for what transpired.

We can look at several key statements. And, we can then look at the strategy and potential reason(s) the statements were made.  It is also of note that several people came to court to be seen, and to be noted. Specifically,  Anthony LeBlanc and Gary Bettman. OK, let’s begin the analysis.

Statement from Jerry Reinsdorf’s attorney Abramowitz:

Abramowitz urged the court to “do anything it can” to keep Reinsdorf’s bid alive.

Analysis: It has been shown throughout the articles written on this site, that there is a strong possibility of collusion among several key individuals and companies surrounding the City of Glendale, and it’s desire to build infrastructure of the city. Jerry Reinsdorf’s son Michael is pivotal to this idea. Also involved is Michael Dell. At this point, after much comings and goings from the articles related to the suggestion of collusion, the Reinsdorf camp is ready to pull out. Jerry Moyes’ attorney’s have been applying pressure on Reinsdorf and others to build a case to support the notion of collusion. It would seem the Reinsdorf group is hiding behind the safety net of the court, and specifically the bankruptcy court to protect information vital to the case that Moyes may have to support the collusion allegations.

The bigger issue at this point is ‘appearance’, and not results. I strongly believe that the Reinsdorf group is attempting damage control. It is fairly obvious that the concessions demanded from Glendale are highly unlikely to materialize, but the perception of looking like they are following through on an attempt is the goal at this point. To further back this up, we can look at comments made by Reinsdorf’s attorney, Alan Klein.

Statement via phone to the court, from Reinsdorf Group attorney Alan Klein:

Earlier in the hearing, the Reinsdorf group’s attorney Alan Klein said by telephone that his clients were fed up with the meddling and interfering as they attempted to work out the details of their offer.

Klein indicated Reinsdorf was on the brink of withdrawing the bid.

“I don’t know how long we’re going to be in here wasting time and money,” Klein said, noting that confidential information already had been made public by Moyes’ attorneys, who said it was a mistake and have apologized.

Analysis: When you are not a straight shooter you tend to contradict yourself in the attempt to cover up truths. Specifically in this case, you have Abramowitz saying that the court is urged to keep the bid alive, and in the next breath we have Klein saying his client is not going to waste time and money, and his client is on the brink of withdrawing?  Which is it, commitment or ‘flight’? Dedication to the cause, or just going through the motions? Again, are we supposed to pull punches when there is potential for collusion, and the stripping of a man’s wealth and reputation at stake? Short answer: No!

This whole attitude serves two purposes: 1) to give an excuse to pull out, and 2) to give justification for not wanting more information to become public.

The expectation of concessions from the City of Glendale is a PUBLIC matter. There should not be anything held secret regarding negotiations or anything else related to the taxpayers and their money. What could be so secret that it would send a bid and bidder packing? To put this in comparative terms, Jim Balsillie’s cards are on the table. The money for the team. There are no secret negotiations. Anything that needs to remain so secret in a situation so entirely suspect already cannot help but raise more flags and suspicion.

A further statement from Abramowitz:

 

Outside the courtroom, Abramowitz declined to say whether the company still supported Balsillie’s offer, as well.

Balsillie’s representative Richard Rodier said Abramowitz’s announcement came as a surprise in the long, twisted bankruptcy process

Analysis: Just like the conflicting lawyer statements for the Reinsdorf group (‘court please consider this bid’, and the other, ‘we are ready to run’), the lawyer for SOF Investments pulled a turnaround that surprised everyone. Well, in order to appreciate and understand the conflicting positions and  the turnaround, it is important to look at the  ‘cover up’ thinking.

Why would SOF first say they support the Balisillie bid?

 Well, because the aspect again about being part of a collusion was the issue. If they say they do not support the Reinsdorf idea of renegotiated debt, that would get them off the hook for collusion. But, upon further thinking, and perhaps discussion with the colluding members, the next strategy would come.

 They must make it look like they are not phased by the allegations of collusion and go back to the original thinking. The reason for this upon further reflection, is if SOF is scared off at this point, then in civil action, Moyes will have a strong case against the group, and use the evidence from the bankruptcy procedings in the future civil case. So, ‘appearing’  now as unphased by the allegations of collusion, explains the turnaround from the original ’strategy’ of supporting Balsillie to the new strategy of support for the Reinsdorf debt reworking. Ping pong best played by those scrambling to find the best way out of a terrible situation.

 The only problem is, it becomes obvious when the facts are put together. This also further ties into Reinsdorf’s  ‘ready to withdraw’ thinking. Everyone is simply looking for the best way out. The bid is just a means to an end. And since the expectations of concessions are so far out of sight, and will likely never pan out, going through the motions  is of little risk:

Heck, no wonder Jerry Reinsdorf might look at the Phoenix Coyotes — at least, if he gets the sweetheart deal from the City of Glendale that’s been reported. It includes a special tax to generate $23 million annually, plus $15 million if the Coyotes lose money.

Here’s our calculation: $38 million in taxpayers’ money from the city, $8 million to $12 million in revenue sharing from the league, and another $10 million in escrow from players. See, that’s all you need to make hockey work in Phoenix — about $60 million every single season in glorified welfare. It’s so simple.

To add further insight from my perspective into this, I will bring up again the ‘visits to the site’ information to support the validity that collusion was very likely.

If I was completely out in left field, as a blog writer from Hamilton, Ontario, how in the world would I have had such an impact on this case in Glendale, Arizona? When the article about Jerry Moyes being a victim of a squeeze play was released, it cannot be emphasized enough that it stirred the pot, and had an immediate ripple effect of going from Vieste LLC, to the NHL offices, to the City of Glendale offices, in a very short period of time, and in that order. That is when they knew the ‘jig was up’!

From that point, I have had a steady stream and pattern of visits to this site at key times. From MSD Capital and the City of Glendale just recently. The order of MSD, then the City of Glendale, further supporting the notion of ‘planning’ to answer the allegations of collusion and to change the strategy, which we have seen threw a curve at the participants.

After these recent visits, the SOF position changed to support Reinsdorf’s restructuring of debt. From the outside view, a twist, but from an overview as explained by reactions and visits to certain articles on this site, a simple change of story, and strategy to minimize a potentially damaging situation. What’s the best way to handle this, and the potential of Moyes’ taking civil action?  The new strategy we are witnessing now.

Let’s move on to Anthony LeBlanc. First, it is important to note that LeBlanc showed up in court. This was intentional strategy number one for Ice Edge.

What LeBlanc said, was even more important, and this was the key:

WhiteCoyotes BK: IceEdge’s LeBlanc says financing nailed down, near “partnership” w/Glade. Aware of perceptions: “We don’t want to be vilified.”

 

Analysis: Who exactly is ‘vilifying’ Mr. LeBlanc? If he is referring to the facts as outlined in the articles from this site, then I would suggest Mr. LeBlanc become transparent as well. This is not to be counted on however. You see, when you have things that don’t work in your favor, you use again the rules of court to get away with not having to be transparent, and admit relationships, and other things. These are saved for civil procedings.

Instead, you agree with other parties that do not want certain things to be discussed, and become known, as in this comment by LeBlanc in court:

Coyotes BK: Leblanc says he agrees w/Reinsdorf threat to walk away. Would do same if asked for more info.

Again, it was more important for LeBlanc just to be there. As far as can be remembered, the Ice Edge group is also expecting loan reworking of SOF, and negotations on concessions with the City of Glendale. Ice Edge is almost an afterthought at this time. Where is mention of SOF agreeing to the terms of the loan renegotiation with Ice Edge? Not an issue. The bigger issue is looking like business as usual.

The biggest statement LeBlanc said, was not wanting to be vilified. Translation: no, we are not guilty of collusion too. Please leave us alone.

This group is a non-entity in the grand scheme of things, at least at this point.

Finally, we move on to Gary Bettman. It is my understanding Mr. Bettman was ready to ‘testify’ to the court, and when he was advised the court was not in session for testimonies, he commented that it was ‘like Seinfeld’, ‘nothing was happening’. Well, there was a lot happening, just not anything that would appear on the surface.

The sheer fact that Mr. Bettman wanted to make a probably well rehearsed speech, is in it’s own right, a suggestion that there are accusations that need to be addressed. Hence, Mr. Bettman’s presence in court. His comment though, outside of court, suggesting Reinsdorf was thinking ‘roadblocks’ were put in the way of bidding, is absolutely correct.

You must understand, that for Jerry Moyes, his understanding of being setup, and colluded against would be considered grounds for a ‘roadblock’ or two. It would be grounds for anyone.

From Judge Baum’s perspective, I can appreciate he is trying to avoid all unnecessary powderkegs in these proceedings, as he knows there are several. But he also knows that it is ‘not his department’. There are potential civil, and criminal issues at hand here, and he is avoiding them, and rightfully so.

How do I know there are more issues at hand? Well, again, when you can see the comings and goings on the site, it should be noted that the U.S. Justice Department, and the U.S. office for Fiscal Policy have been by. There is likely more going on behind the scenes than we will ever know.

This case, and the circumstances surrounding it are far reaching, and may have consequences that are just starting to be realized now.

So, in the words of Elmer Fudd, “Wun you waskle wabbit, wun!”

 

 

 

When the victim becomes the perpetrator

For the bullet summary, please go here.

Has anyone had occasion to be taken advantage of?  To be wronged?

And, in the process of challenging the wrongdoers, did they attempt to turn the  tables on you? Did they try to make you feel like you were the guilty one? The one who is wronging them?

Well, if you know what I am talking about, you can likely relate to Jerry Moyes.

I have held from the outset, that Jerry Moyes was setup for failure by the ‘friends of Glendale’. His lease would not be negotiated to be less financially stringent. The SOF loan put a vulcan death grip on what remained of his finances. Bettman and the NHL, adding insult to injury, to put Moyes away, having him sign various proxies relinquishing rights as an owner.

And as if an admission of the ‘bells being chimed’, a flurry of activity to the article on this site entitled, “Was Jerry Moyes the Victim of a Squeeze Play?”. Within a short time, an investment company, the NHL head office, and the City of Glendale hit the site. Did we hit the nail on the head? Uh oh!

The court case today reminds me of those ‘rape  trial movies’ on TV, when you get to the point in the court case, where the guilty defendant’s lawyer stands up to question the poor girl, and says, “you wanted it didn’t you? You did something to turn the man on, come on, admit it”.

It’s this kind of low as you can get grovelling that is so beneath dignity that you wonder how those involved can actually sleep at night, and live with themselves.

Well, today in the Coyotes’ bankruptcy case that is exactly what happened.

Outside the courtroom, here is what Gary Bettman had to say:

“They feel that throughout this process there have been a series of frustrating obstacles that have been placed in their way, roadblocks if you will, to try, they believe, to discourage their bidding,” Bettman said.

What exactly were these ‘roadblocks’, I’d like to know? Would these obstacles have anything to do with the setup of Jerry Moyes by any chance?

How dare Jerry Moyes attempt to recover the $100 million loan he forwarded the Coyotes. Yes, once they had all his money, and he was no longer of any use to anyone in Glendale, they cast him off. And then when he tried to get to the bottom of the setup, and questioned why the City of Glendale would give favor to the Reinsdorf family over him in renegotiation of the lease, and concessions, and a better loan arrangement, it is claimed to be harassment?

Can these people really sleep at night? Truly feel good about themselves?

And the attorney for Jerry Reinsdorf claimed:

Klein indicated Reinsdorf was on the brink of withdrawing the bid.

I don’t know how long we’re going to be in here wasting time and money,” Klein said, noting that confidential information already had been made public by Moyes’ attorneys, who said it was a mistake and have apologized.

Sorry Mr. Klein. Would the money lost come close to the $100 million of Mr. Moyes? Didn’t think so.

The court process and strategy is called, for lack of better terminology, a ‘twisting of the truth’. A deferring and deflecting of the issues. The real issue is the abuse Jerry Moyes took from the collusion by the friends of Glendale. Let’s not forget that.

Let’s just hope Judge Baum is leaving all those issues on the table, at the back, and hoping they won’t be necessary. Perhaps it will take civil court action to bring these allegations to the forefront where they cannot be deflected and ignored. I feel sorry for Judge Baum, having to endure these crybabies. He is certainly earning his paycheck.

Until then, we will continue to swallow the court strategies, and suffer the indignities that must be suffered.

When the attorney for Jerry Reinsdorf says his client is ready to dash, the question we must ask is whether this bidder is truly here to do a good job to save the Coyotes? How hard would he be willing to work to turn the fortunes around? No, it sounds more like damage control at this point than true concern.

With a city that would sooner not spend a taxpayer penny on any concessions to save the team, where does the 11.5% sales tax come from? Do the local restaurant owners really believe it will make that big a difference?

As I write this column, the Jonas Brothers will likely be on stage entertaining the meddly of fans packing Jobing.com arena. An entertainment venue that does more than house 41 games of NHL hockey in a year. The top ticket price is close to or exceeds $100. How does that compare to trying to get people interested in NHL hockey?

The restaurants will do just fine, thank you, without having to pay the Coyotes 11.5% of their revenues. Why, so some rich people can bank some? No, restaurant owners work hard for every penny they earn. They do not need anyone’s hand in their pockets, thank you very much!

I have had just about enough of the ‘poor me, look what you are doing to us’ garbage that we are being fed from people who are far from destitute.

If I have contributed even in a small way to the cause to bring a little discomfort to those that feel it was OK to strip a man of his wealth, and then his dignity, you can sign me up to the permanent list of volunteers willing to continue the process.

In short, boo hoo, get over it!

We should all recover from the anger toward the insult to Jerry Moyes.

Jerry Moyes is a reflection of lack of concern for people and their well-being. No different than not caring that taxpayers have to pay close to $500,000 for a single parking spot. The money for that spot comes out of the pockets of every resident. Where is the concern that their standard of living suffers?

Jerry Moyes represents you, and he represents me. He, of all the people in this drama deserves support and credit. Credit for bringing to the forefront a league that is not OK. A league that is in dire need of repair. Exposing what lies beneath the surface. And having the courage to suffer indignities in the process. You see, there are not too many people in the world like Jerry Moyes. There are a lot like the ‘friends to Glendale’.

And, a vote of 26-0 against a man like Jim Balsillie speaks volumes to the brainwashing of a league to its’ governors.

‘Roadblocks’ Mr. Bettman? For the NHL, this is just the beginning.

Before this hockey fan can enjoy hockey again, the injustices to men like Jerry Moyes, and the injustices and abuse of the taxpayers of Arizona must first be remedied.

It’s time for people to stand up to this. If not now, when? If not for this cause, what?

Don’t be fooled into feeling sorry for the wrong people here. Those inconvenienced and frustrated for being exposed for some pretty inhumane behaviour.  No, they are just scrambling to cover their tracks.

Stand up tall. It’s time to not allow the victim to be seen as the perpetrator.

Battle of the BOG’s along the Boards is ‘Blooming’ obvious!

For the bullet summary, please go here.

Competing Companies. Competing Ideas. Competing viewpoints.

Would you expect competitors to all agree on something, and unanimously work in cooperation?

To think that all the Board of Governors of ‘anything’ would unanimously vote in favor of one idea is almost insane. The reason is unique companies in competition with one another will welcome anything that would give them a ‘differential advantage’ over their competitors. How they view ‘anything’ will vary with personality, and ultimately how they perceive getting a bigger piece of the competition’s pie. We can apply this to almost any business, and I have opportunity to do just that.

Muckety muck, muck, muck!

It’s actually quite  fun to use Muckety maps (http://www.muckety.com).

Today, I got a visit from a company called Macerich. Well, I just had to stir up some more ‘muck’ so I decided to see what they are all about. It’s no coincidence a lot of times when someone hits a specific webpage on this site now. Just like there is no coincidence in the relationships surrounding the group in Glendale all toeing the line to get a piece of the development pie. Probably would explain why the City of Glendale visited our site today, as did MSD Capital of New York. MSD first, if that is of any consequence. Suffice it to say, something’s up in the state of Arizona these days.

Well, we mentioned Alan Leventhal a while back. You might recall he (his company) was called in by Michael Reinsdorf to give advice to the City of Glendale on the Jobing.com arena operations. His company involved there was Beacon Sports. This was a month before Jerry Moyes declared the team bankrupt.

Well, as I explained as well, Leventhal also owns Beacon Capital, specializing in REIT’s (Real Estate Investment Trusts).

I also suggested that Leventhal is likely not only a friend of Glendale, but also a friend of Michael Dell at MSD Capital. Why that may be more true now than ever can be explained perhaps, by the visit from Macerich today. In fact, it is downright, blooming funny. That is, as in ‘Bloomingdale’s’ type funny.

The battle for Bloomingdale's  is a reflection of competitors vying for the prize

The battle for Bloomingdale's is a reflection of competitors vying for the prize

Everyone knows Bloomingdale’s department store. It’s pretty famous.  Let’s just say that it is a premier store that all malls would love to have. Well, hold that thought. Let’s get back to the ‘muckety’ thing.

Macerich is operated by a man named Arthur Coppola. Macerich also acquired in 2002, a property manager for malls by the name of Westcor Partners.

Ok?

Now, if we look at this muckety map, we can see that Alan Leventhal and Arthur Coppola are both Board of Governors  members of the NAREIT (National Association of Real Estate Investment Trusts). Let’s liken that to the Board of Governors member for, say the Toronto Maple Leafs, and another for the Hamilton Tigers (the leagues newest member).

At first glance, we might think, how nice. They must both be friends. Well, that could be true. But think of the NHL Board of Governors. They represent competing teams. They may get along OK, but at the end of the day they are vying for the same prize, the elusive Stanley Cup. So, although they may get along, they have competing agendas. They will not agree on everything. Keep that in mind for later too.

Anyhow, Bloomingdale’s department store was slated to open in Phoenix in the CityNorth development. Of course, that is now on hold due to the court battle, making financing a question. The bigger question is how does tax subsidies, and REIT’s play a role? Are REIT’s involved in development subsidies for shopping malls? Well, I would say they would have to be, because, Westcor runs malls, and Westcor is part of Macerich. Macerich, is a huge REIT company, in direct competition with Beacon Capital (Alan Leventhal).

According to the Arizona Central article in June:

Westcor Vice President David Nelson said the Phoenix mall developer is in almost daily contact with Macy’s and Bloomingdale’s. Most of the Macy’s stores in Arizona are in Westcor malls, and Westcor’s parent, Macerich Co., is a landlord to Bloomingdale’s in other states.

“When the time comes for Bloomingdale’s to enter the market, we would like to see them in one of our existing properties or a new one as the market demands,” Nelson said.

Let’s look at this a step further. Who has been trying to steal Bloomingdale’s away from the CityNorth Development (Related Companies, part owned by MSD Capital)? You got it! Westcor and Macerich.

So, we might as well say it this way. Coppola is trying to take Bloomingdale’s away from Related Companies, and effectively MSD Capital. We have established Leventhal as friends with Michael Reinsdorf, and indirectly connected to MSD Capital through another connection, as shown in this muckety map. Suffice it to suggest Leventhal is leaning to MSD Capital.

Let’s consider the real business again here. It has, will, and for the near future be related to land development, investment in land development, and taxes. That’s it!

So, Leventhal being in the REIT business, friends of Reinsdorf and Dell, would seem to be in competition with the other player in Arizona, Coppola and Macerich.

Macerich showing up on the site today, came to visit the page related to the Coyotes being more about land development subsidies than hockey.

Macerich came there, no doubt for two reasons. One, in concern over what happens should subsidies be affected? And two, to see how the competition is fairing. Fair enough, wouldn’t you agree?

Regardless of why Macerich happened to key in on that particular article, it opened the door to examine another game in Arizona with competition. There are competing developers, investors, and specifically competing REIT companies.

We see two Board of Governor members of the NAREIT, and we can compare that competition to the NHL’s Board of Governors.

Board of Governors for the NAREIT or the NHL have one thing in common. If they operate competing businesses (or teams) they will have differing strategies for success. They will also look to take advantage of opportunity or misfortune of a competitor, as in the case of CityNorth and Bloomingdale’s.

When an idea, opportunity, or anything comes to question (in this case a request for membership of a new owner), they, in all statistical likelihood will not unanimously agree. It would almost be a statistical impossibility given the way they view the marketplace. The reason; they all are looking to win the prize, with unique strategy.

In the case of hockey ownership, you would expect some owners to welcome a team stationed in Southern Ontario. To some teams it may present an advantage. Not to all, but to some.

Just like a competitor comes to a site to see what issues the market holds, or to check up on the competition. No different. If you put 26 businesses in the same room, and gave them free ability to make a choice on a given subject, you would most definitely have several viewpoints. That is, under normal, fair, conditions.

In order to convince all 26 to agree on a given issue, it would have to be in the argument, or the presentation. A presentation that would be bias and unfair.

 

I would like to close with an important thought. Why would the entire BOG vote against Jim Balsillie? You would think that some would welcome him, and some would not. But unanimous? This to me raises yet another red flag in a long list of red flags.

It just isn’t in keeping with the nature of any Board of Governors. Whether it’s in REIT’s or hockey teams. The principles are the same.

The NHL has been shown to be anything but neutral. No surprise.

It would seem there is the truth, and then there is  another ’truth’ as seen by the NHL and it’s partners.

Battle of the BOG's along the Boards is 'Blooming' obvious!

For the bullet summary, please go here.

Competing Companies. Competing Ideas. Competing viewpoints.

Would you expect competitors to all agree on something, and unanimously work in cooperation?

To think that all the Board of Governors of ‘anything’ would unanimously vote in favor of one idea is almost insane. The reason is unique companies in competition with one another will welcome anything that would give them a ‘differential advantage’ over their competitors. How they view ‘anything’ will vary with personality, and ultimately how they perceive getting a bigger piece of the competition’s pie. We can apply this to almost any business, and I have opportunity to do just that.

Muckety muck, muck, muck!

It’s actually quite  fun to use Muckety maps (http://www.muckety.com).

Today, I got a visit from a company called Macerich. Well, I just had to stir up some more ‘muck’ so I decided to see what they are all about. It’s no coincidence a lot of times when someone hits a specific webpage on this site now. Just like there is no coincidence in the relationships surrounding the group in Glendale all toeing the line to get a piece of the development pie. Probably would explain why the City of Glendale visited our site today, as did MSD Capital of New York. MSD first, if that is of any consequence. Suffice it to say, something’s up in the state of Arizona these days.

Well, we mentioned Alan Leventhal a while back. You might recall he (his company) was called in by Michael Reinsdorf to give advice to the City of Glendale on the Jobing.com arena operations. His company involved there was Beacon Sports. This was a month before Jerry Moyes declared the team bankrupt.

Well, as I explained as well, Leventhal also owns Beacon Capital, specializing in REIT’s (Real Estate Investment Trusts).

I also suggested that Leventhal is likely not only a friend of Glendale, but also a friend of Michael Dell at MSD Capital. Why that may be more true now than ever can be explained perhaps, by the visit from Macerich today. In fact, it is downright, blooming funny. That is, as in ‘Bloomingdale’s’ type funny.

The battle for Bloomingdale's  is a reflection of competitors vying for the prize

The battle for Bloomingdale's is a reflection of competitors vying for the prize

Everyone knows Bloomingdale’s department store. It’s pretty famous.  Let’s just say that it is a premier store that all malls would love to have. Well, hold that thought. Let’s get back to the ‘muckety’ thing.

Macerich is operated by a man named Arthur Coppola. Macerich also acquired in 2002, a property manager for malls by the name of Westcor Partners.

Ok?

Now, if we look at this muckety map, we can see that Alan Leventhal and Arthur Coppola are both Board of Governors  members of the NAREIT (National Association of Real Estate Investment Trusts). Let’s liken that to the Board of Governors member for, say the Toronto Maple Leafs, and another for the Hamilton Tigers (the leagues newest member).

At first glance, we might think, how nice. They must both be friends. Well, that could be true. But think of the NHL Board of Governors. They represent competing teams. They may get along OK, but at the end of the day they are vying for the same prize, the elusive Stanley Cup. So, although they may get along, they have competing agendas. They will not agree on everything. Keep that in mind for later too.

Anyhow, Bloomingdale’s department store was slated to open in Phoenix in the CityNorth development. Of course, that is now on hold due to the court battle, making financing a question. The bigger question is how does tax subsidies, and REIT’s play a role? Are REIT’s involved in development subsidies for shopping malls? Well, I would say they would have to be, because, Westcor runs malls, and Westcor is part of Macerich. Macerich, is a huge REIT company, in direct competition with Beacon Capital (Alan Leventhal).

According to the Arizona Central article in June:

Westcor Vice President David Nelson said the Phoenix mall developer is in almost daily contact with Macy’s and Bloomingdale’s. Most of the Macy’s stores in Arizona are in Westcor malls, and Westcor’s parent, Macerich Co., is a landlord to Bloomingdale’s in other states.

“When the time comes for Bloomingdale’s to enter the market, we would like to see them in one of our existing properties or a new one as the market demands,” Nelson said.

Let’s look at this a step further. Who has been trying to steal Bloomingdale’s away from the CityNorth Development (Related Companies, part owned by MSD Capital)? You got it! Westcor and Macerich.

So, we might as well say it this way. Coppola is trying to take Bloomingdale’s away from Related Companies, and effectively MSD Capital. We have established Leventhal as friends with Michael Reinsdorf, and indirectly connected to MSD Capital through another connection, as shown in this muckety map. Suffice it to suggest Leventhal is leaning to MSD Capital.

Let’s consider the real business again here. It has, will, and for the near future be related to land development, investment in land development, and taxes. That’s it!

So, Leventhal being in the REIT business, friends of Reinsdorf and Dell, would seem to be in competition with the other player in Arizona, Coppola and Macerich.

Macerich showing up on the site today, came to visit the page related to the Coyotes being more about land development subsidies than hockey.

Macerich came there, no doubt for two reasons. One, in concern over what happens should subsidies be affected? And two, to see how the competition is fairing. Fair enough, wouldn’t you agree?

Regardless of why Macerich happened to key in on that particular article, it opened the door to examine another game in Arizona with competition. There are competing developers, investors, and specifically competing REIT companies.

We see two Board of Governor members of the NAREIT, and we can compare that competition to the NHL’s Board of Governors.

Board of Governors for the NAREIT or the NHL have one thing in common. If they operate competing businesses (or teams) they will have differing strategies for success. They will also look to take advantage of opportunity or misfortune of a competitor, as in the case of CityNorth and Bloomingdale’s.

When an idea, opportunity, or anything comes to question (in this case a request for membership of a new owner), they, in all statistical likelihood will not unanimously agree. It would almost be a statistical impossibility given the way they view the marketplace. The reason; they all are looking to win the prize, with unique strategy.

In the case of hockey ownership, you would expect some owners to welcome a team stationed in Southern Ontario. To some teams it may present an advantage. Not to all, but to some.

Just like a competitor comes to a site to see what issues the market holds, or to check up on the competition. No different. If you put 26 businesses in the same room, and gave them free ability to make a choice on a given subject, you would most definitely have several viewpoints. That is, under normal, fair, conditions.

In order to convince all 26 to agree on a given issue, it would have to be in the argument, or the presentation. A presentation that would be bias and unfair.

 

I would like to close with an important thought. Why would the entire BOG vote against Jim Balsillie? You would think that some would welcome him, and some would not. But unanimous? This to me raises yet another red flag in a long list of red flags.

It just isn’t in keeping with the nature of any Board of Governors. Whether it’s in REIT’s or hockey teams. The principles are the same.

The NHL has been shown to be anything but neutral. No surprise.

It would seem there is the truth, and then there is  another ’truth’ as seen by the NHL and it’s partners.

What does the NHL and Afghanistan have in common?

It’s election time in Afghanistan.

Afghan President Hamid Karzai is doing something he is not used to doing. Leaving his abode to mingle with the people. You see, he must be accountable to them, as he must show he is working for them.

Karzai’s speech, as explained by Rosie DiManno of the Toronto Star, is about ‘National Unity’. Ironic in a country that Dimanno explains as a place that has forgotten what life without violence is like. Unity is a far removed concept, so the irony of the President discussing this as an excuse to be seen is strange.

You see Karzai rarely ventures outside his palace, for reasons of security, as explained by DiManno, but she points it out for a far greater reason:

….because Afghan politics is largely about backroom coalition-building, the forging of alliances with unseemly but powerful kingmakers, rather than direct appeal to the citizenry.

Karzai over the years’ has seen his popularity plummet’ according to DiManno.

How does this compare to NHL Commissioner Gary Bettman?

Well, the attitude of Karzai’s pre-election campaigning seems to be different than the attitude of Gary Bettman who doesn’t have to worry about the citizens (the fans), as he is not voted in by the fans.

No, Gary Bettman is more concerned with the ‘poweful kingmakers’ that keep him in his seat of authority, and not the fans. He does not too often have to discuss issues with them.

The question at this point begs the question as to what the ‘kingmakers’ are telling him. What is it they want these days?

With the Phoenix Coyotes case exposing a few tidbits of information making the ‘people’ question motives of the Board of Governors, will a fan outcry be required to make the kingpins listen?

In another article in the Toronto Star of today, the NHL is shown to be worried that the youth of today are less inclined to have loyalty to sport as their entertainment choice.

Perhaps the NHL would be wiser then to listen more to the fans, especially those in Canada, where hockey is embraced the most.

And, Toronto is in the greatest trouble. With teens less drawn to the NHL Toronto Maple Leafs than in other provinces. Could it be the greed of the MLSE that has added to the dilemma? Are there kingpins in Toronto that Gary Bettman is getting an earfull from?

The Phoenix Coyotes court battle shows the NHL’s philosophy about battling to the end is similar to the attitude of the situation in Afghanistan.

The only difference is there is no public election that Gary Bettman needs to concern himself with. But this might lend itself to a false sense of security.

Gary Bettman and the NHL had better start looking to Afghanistan for direction, and perhaps change the constitution to be a democratic process that serves it’s fans.

Or, the NHL may get their way, but in the end have nobody too interested in their good boys club, or the product they offer.

Please visit http://makeiteighteh.com for more information on the current Phoenix Coyotes case.

What’s really ‘in it’ for Alan Leventhal of Beacon Capital Partners and Beacon Sports Capital Management?

For the bullet summary, please go here.

Alan Leventhal, like the Jones’ group seems to have a path to Eric Rosen and MSD Capital. Should any of us be surprised at this point?

Is it a small world or what?

There are no ‘by chance’ referrals in this Glendale saga. Anyone introduced to the City of Glendale needs to be connected to the bigger picture. That much we know.

So,  it’s time to now look beyond Daryl Jones and his group. We learned that  Jones was connected to Onex, and his ex boss Eric Rosen, who left Onex to become the partner with Michael Dell in MSD Capital.

Alan Leventhal owns the Beacon Sports Capital Partners, the firm that was brought in to assess the Jobing.com Arena for the City of Glendale. His firm was referred by IFG (Michael Reinsdorf) to the City of Glendale. The report  from Beacon Sports Capital (Leventhal) was sent to John Kaites a month before the bankruptcy, as described in this article.

A letter summarizing these recommendations was sent to John Kaites on April 15, 2009, a little less then one month before Moyes put the Coyotes into bankruptcy. Kaites is a member of Jerry Reinsdorf’s Glendale Hockey, LLC group.

The whole month before thing shows us there was thinking in the works before Moyes made the bankruptcy official. So when the NHL says his filing for Chapter 11 took them by surprise, we should not be surprised to know it was really no shock at all. Also explains the proxies that were an attempt by the NHL to deter Moyes from actually going through with it.

Now, Alan Leventhal also owns Beacon Capital Partners, that specializes in Real Estate Investment Trusts (REIT’s), as described by Answers.com:

Beacon earns its bacon by collecting offices. A private real estate investment trust (REIT), Beacon Capital Partners invests in and renovates commercial and mixed-use properties in major metropolitan markets throughout the US. Beacon also has properties in London and Paris. The company manages investment funds on behalf of institutional, corporate, and government investors. Beacon Capital Pratners was formed in 1998 after predecessor public REIT Beacon Properties merged with Equity Office Properties Trust in a $4 billion transaction.

Remember, ‘mixed use’ was the term used for the CityNorth land subsidy issue. Could there be use for REIT’s in Glendale and other parts of Arizona? Where there’s smoke there’s fire. Nothing about the Phoenix Coyotes in Glendale is the true draw. Everything outside of hockey is the true reason to help the City with aspects of the Coyotes lease, and arena.

Alan Leventhal is also a Board of Governors member of the National Association of Real Estate Investment Trusts (NAREIT), as shown in this muckety chart. So, he is well connected and well respected with regard to REIT’s, and seems in it for the long haul.

As we are learning in Glendale particularly, sports management  services go hand in hand with real estate  and land development opportunites. One would wonder where the connection with Michael Reinsdorf would be in  this scenario. Why would Michael Reinsdorf connect Lenventhal with consulting for the  Jobing.com arena (and the City of Glendale)?

 Could there be more connections related to commercial real estate with Leventhal and the City of Glendale?

Well, let’s dig a little shall we?

There has to be ‘a friend of a friend somewhere’ that would tie in lucrative and influential Leventhal with land development and other opportunities, that would make that $48,000 he charged the City via Ed Beasley ( carefully placed under the radar) to be a simple loss leader.

Well, here’s a possibility.

Leventhal is the Chairman of Boston University.

A man named Donald Fraser is a Professor at Boston University, and therefore we could assume he would know Leventhal.

Well, Fraser is also by chance a Director of DRS Technologies. Isn’t that a coincidence? So is  Eric Rosen ( a Director of DRS, and Partner of MSD Capital). So Fraser and Rosen are both directors of DRS, and Rosen a partner with Michael Dell. Small world or what?

Therefore, it would seem we can tie Leventhal by the muckety map to connections that would lead him to MSD Capital. And why not? When you are in real estate investments through REIT’s, it sure opens up some interesting opportunities to have contacts in Glendale, through Michael Reinsdorf and Michael Dell.

 To summarize, could the sports management sideline business be an excuse to get in under the radar with Beasley and the City, through Michael Reinsdorf, and lead to other real estate investment opportunities with the City and MSD Capital? It sure opens up that possibility now, doesn’t it?

And in this parade of friends that use sports to get to the real money, it would sure seem to fit this story! And as for MSD Capital? Why does this company always seem to be the root of many relationships?

If some reporter for a paper that wants to get to the bottom of things should check the lunch receipts for Ed Beasley, do you think there is good chance Lenventhal would be etched on the receipts somewhere?

What's really 'in it' for Alan Leventhal of Beacon Capital Partners and Beacon Sports Capital Management?

For the bullet summary, please go here.

Alan Leventhal, like the Jones’ group seems to have a path to Eric Rosen and MSD Capital. Should any of us be surprised at this point?

Is it a small world or what?

There are no ‘by chance’ referrals in this Glendale saga. Anyone introduced to the City of Glendale needs to be connected to the bigger picture. That much we know.

So,  it’s time to now look beyond Daryl Jones and his group. We learned that  Jones was connected to Onex, and his ex boss Eric Rosen, who left Onex to become the partner with Michael Dell in MSD Capital.

Alan Leventhal owns the Beacon Sports Capital Partners, the firm that was brought in to assess the Jobing.com Arena for the City of Glendale. His firm was referred by IFG (Michael Reinsdorf) to the City of Glendale. The report  from Beacon Sports Capital (Leventhal) was sent to John Kaites a month before the bankruptcy, as described in this article.

A letter summarizing these recommendations was sent to John Kaites on April 15, 2009, a little less then one month before Moyes put the Coyotes into bankruptcy. Kaites is a member of Jerry Reinsdorf’s Glendale Hockey, LLC group.

The whole month before thing shows us there was thinking in the works before Moyes made the bankruptcy official. So when the NHL says his filing for Chapter 11 took them by surprise, we should not be surprised to know it was really no shock at all. Also explains the proxies that were an attempt by the NHL to deter Moyes from actually going through with it.

Now, Alan Leventhal also owns Beacon Capital Partners, that specializes in Real Estate Investment Trusts (REIT’s), as described by Answers.com:

Beacon earns its bacon by collecting offices. A private real estate investment trust (REIT), Beacon Capital Partners invests in and renovates commercial and mixed-use properties in major metropolitan markets throughout the US. Beacon also has properties in London and Paris. The company manages investment funds on behalf of institutional, corporate, and government investors. Beacon Capital Pratners was formed in 1998 after predecessor public REIT Beacon Properties merged with Equity Office Properties Trust in a $4 billion transaction.

Remember, ‘mixed use’ was the term used for the CityNorth land subsidy issue. Could there be use for REIT’s in Glendale and other parts of Arizona? Where there’s smoke there’s fire. Nothing about the Phoenix Coyotes in Glendale is the true draw. Everything outside of hockey is the true reason to help the City with aspects of the Coyotes lease, and arena.

Alan Leventhal is also a Board of Governors member of the National Association of Real Estate Investment Trusts (NAREIT), as shown in this muckety chart. So, he is well connected and well respected with regard to REIT’s, and seems in it for the long haul.

As we are learning in Glendale particularly, sports management  services go hand in hand with real estate  and land development opportunites. One would wonder where the connection with Michael Reinsdorf would be in  this scenario. Why would Michael Reinsdorf connect Lenventhal with consulting for the  Jobing.com arena (and the City of Glendale)?

 Could there be more connections related to commercial real estate with Leventhal and the City of Glendale?

Well, let’s dig a little shall we?

There has to be ‘a friend of a friend somewhere’ that would tie in lucrative and influential Leventhal with land development and other opportunities, that would make that $48,000 he charged the City via Ed Beasley ( carefully placed under the radar) to be a simple loss leader.

Well, here’s a possibility.

Leventhal is the Chairman of Boston University.

A man named Donald Fraser is a Professor at Boston University, and therefore we could assume he would know Leventhal.

Well, Fraser is also by chance a Director of DRS Technologies. Isn’t that a coincidence? So is  Eric Rosen ( a Director of DRS, and Partner of MSD Capital). So Fraser and Rosen are both directors of DRS, and Rosen a partner with Michael Dell. Small world or what?

Therefore, it would seem we can tie Leventhal by the muckety map to connections that would lead him to MSD Capital. And why not? When you are in real estate investments through REIT’s, it sure opens up some interesting opportunities to have contacts in Glendale, through Michael Reinsdorf and Michael Dell.

 To summarize, could the sports management sideline business be an excuse to get in under the radar with Beasley and the City, through Michael Reinsdorf, and lead to other real estate investment opportunities with the City and MSD Capital? It sure opens up that possibility now, doesn’t it?

And in this parade of friends that use sports to get to the real money, it would sure seem to fit this story! And as for MSD Capital? Why does this company always seem to be the root of many relationships?

If some reporter for a paper that wants to get to the bottom of things should check the lunch receipts for Ed Beasley, do you think there is good chance Lenventhal would be etched on the receipts somewhere?