Darin Pastor’s group stays in the hunt to buy Phoenix Coyotes from NHL

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Pastor is CEO and principal of Irvine-based Capstone Affluent Strategies. He was previously managing director for Prudential Insurance of America in Southern California. Pastor’s group is in the running to buy the Coyotes from the NHL, according to officials familiar with the situation. A spokesman for Pastor declined comment on Coyotes. Details for the Gosbee/Ice Edge bid have been reported despite nondisclosure agreements signed by various groups interested in the buying the team from the league. NHL deputy commissioner Bill Daly noted league talks with Gosbee and Ice Edge in an interview in Canada yesterday. Daly also said the league was talking to some other bidders. Gosbee is CEO of AltaCorp Capital in Edmonton. He and Ice Edge partner Anthony Leblanc have been working on a Coyotes bid in the aftermath of Greg Jamison ’s failed bid to buy the team. Another past Coyotes bidder, investment executive Matthew Hulsizer , could also be in the Coyotes mix either as part of another bid or formulating his own. More light could be shed on the Coyotes situation soon if the NHL strikes a deal with Gosbee, Pastor or another group and then goes to the Glendale City Council for yet another arena deal and favorable lease terms. There is also the May 24 deadline for bids to be put into the city to manage Jobing.com Arena. source: http://bizjournals.com/phoenix/news/2013/04/30/darin-pastors-group-stays-in-the-hunt.html

Phoenix Coyotes deal revving up again as group tries to finalize purchase

The Phoenix Coyotes might have played their last game in Glendale. 

Of course, Coyotes fans have seen ownership bids and promises of a franchise sale come and go numerous times since the ownership saga began four years ago. The franchise’s financial losses, the inability of past groups to secure financing and cash to buy the team and hiccups with city arena deals have delayed or squashed sale efforts. Past unsuccessful bidders have also tried to create momentum for a purchase in order to secure and keep investors and prod the Glendale City Council to approve favorable arena terms. While other Coyotes bidders have been more public in their pursuit of the team, the latest efforts have been much more quiet. The NHL has been asking $170 million for the Coyotes. Daly told Sportsnet Canada yesterday the league was looking for $150 million or more for the Coyotes. That was after he asked if the latest efforts could involve a fire sale of the team. The NHL could forge a sale to the Gosbee/Ice Edge group or another bidder and then approach Glendale asking for a favorable arena deal. That would again put pressure on the city to approve another Coyotes deal or potentially face the blame for the team leaving Arizona. Past Coyotes sale efforts have hinged on favorable terms from Glendale in order to help buyers make the numbers work for a franchise that loses between $10 million and $20 million, according to various estimates. source: http://www.bizjournals.com/phoenix/news/2013/04/30/phoenix-coyotes-deal-revving-up-again.html?page=all

Hockey Canada Names Tippett to Coaching Staff for 2013 IIHF World Championship

The native of Moosomin, Sask., coached the Dallas Stars from 2002-09, winning the Jack Adams Trophy as the NHL’s coach of the year in 2010 after leading the team to 50 wins. Tippett won a silver medal at the 2009 IIHF World Championship, as a member of the coaching staff that also included head coach Ruff and Trotz. As a player, Tippett represented Canada at two Olympic Winter Games (1984, 1992), winning a silver medal in 1992, and serving as team captain in 1984. Barry Trotz, 50, has been the head coach of the NHL’s Nashville Predators since the franchise’s debut in 1998-99. This will mark his fourth time on a Team Canada coaching staff, having served as an assistant coach at the 2002 and 2003 IIHF World Championships, winning gold in 2003, and winning silver as an associate coach under Ruff, with Tippett, at the 2009 IIHF World Championship in Switzerland. Trotz is the longest tenured coach in the NHL at 1,113 games, and has the second longest active tenure in all four major sports, behind only Gregg Popovich of the NBA’s San Antonio Spurs. Hockey Canada’s National Men’s Team management group is comprised of Yzerman (Nepean, Ont./Tampa Bay, NHL), along with Doug Armstrong (Sarnia, Ont./St. Louis, NHL), Ken Holland (Vernon, B.C./Detroit, NHL), Kevin Lowe (Lachute, Que./Edmonton, NHL), Bob Nicholson (Penticton, B.C./Hockey Canada) and Brad Pascall (Coquitlam, B.C./Hockey Canada). Peter Chiarelli (Ottawa, Ont./Boston, NHL) will serve in an advisory capacity. The management group is overseeing all operations for Canada’s National Men’s Team at the world championship, including staff selection, player identification and selection as well as team operations. source: http://coyotes.nhl.com/club/news.htm?id=667884

 

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