Winnipeg Free Press - ONLINE EDITION

Hulsizer leaves Coyotes meeting early

  • Print

Matthew Hulsizer must not have liked what he was hearing on Thursday night as he elected to take a powder and split early from the Goldwater-Glendale summit.

The Goldwater Institute and the City of Glendale got together to discuss the stalled sale of the Phoenix Coyotes and Hulsizer was also present.

The Chicago businessman, who has negotiated a deal with Glendale to receive a $100 million subsidy to aid his purchase of the hockey team, didn’t stick around to see the end of the gunfight. Hulsizer slipped past the assembled press and rushed off to a waiting plane.

Goldwater CEO Darcy Olsen descbribed the meeting in this manner.

"It was a cupcake summit and unfortunately the cupcakes were far tastier than the conversation," said Olsen.

Goldwater presented Glendale with a list of concerns with the deal as well as solutions to their concerns.

"They didn’t want to hear what we had to say," Goldwater litigator Nick Dranias told the Free Press. "Whenever the mayor (Elaine Scruggs) didn’t want to answer a question their reply was, ‘go tell it to the judge.’ They were evasive and obfuscative or refused to answer questions."

Scruggs told the assembled media she believed there was no merit to Goldwater’s objections or threat of a suit.

"We move forward," said Scruggs, who also stated the NHL needed to decide if they wanted to sell the team and Hulsizer needed to determine if he wanted to buy the team.

 

 

Dranias said Goldwater would sue if Glendale went ahead with the deal under the current terms.

Dranias said Goldwater opposed the $100 million up front payment from Glendale to Hulsizer for parking rights as well as the proposed $97 million management fee.

"As the deal sits at this time - we would sue based on both those issues," said Dranias.

Dranias also said Goldwater suggested Glendale pursue private financing for the sale and stated there is an interested buyer in the Tohonos O’odham Nation.

"We offered solutions but they rejected them," said Dranias.

Fox News was reporting Hulsizer told them he was going forward with the purchase of the Coyotes.

gary.lawless@freepress.mb.ca

Goldwater Concerns for Glendale
History

Updated on Thursday, April 21, 2011 at 9:44 PM CDT: Written through with full update.

12:31 AM: Adds audio clips from meeting

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.