From Tom Harrington of the CBC and his Twitter account...
KPNX-News12's Brahm Resnik is saying that Daryl Jones and Ice Edge Holdings may back out of their bidding of the Phoenix Coyotes by Friday because they're tired of all the games and shenanigans going on with the City of Glendale...
From Resnik's Twitter account:
"If the city keeps playing games, they will have one proposal on Friday," Ice Edge Chief Operating Officer Daryl Jones tells Resnik.
"Seems (Glendale) thinks they are better served by a short-term lease from Kaites and Reinsdorf," Jones says.
The City of Glendale set a Friday deadline for signing a "Memorandum Of Understanding." Jones called that move "major steps backwards."
OSG Sources and soundingboards in this entire process are split in their interpretation of the Jones quotes- the US sources are leaning toward Jerry Reinsdorf and the Canadian sources are leaning toward a franchise return to Winnipeg.
One Arizona-based soundingboard says that they had heard for a few weeks now that Ice Edge was not going to work out, despite COO Anthony LeBlanc's assertion that financing for IEH was okay.
Harrington adds that it looks Jerry Reinsdorf would then swoop in for US$40M less than he offered during the court proceedings last summer with a 5-year out clause. Touching base with LeBlanc late Wednesday night, Harrington relays that reports of Ice Edge's death are greatly exaggerated.
IEH has no such out clause like the one Reinsdorf would want in his deal, but it does raise the issue of why Jones and LeBlanc would talk on both sides of the same story. Apparently, someone even walked up to LeBlanc at the Predators-Coyotes game Wednesday evening and thanked him for his efforts with the 'Dogs.
Harrington also says that LeBlanc seemed "surprised" by what Jones said and chalked it up to being frustrated with the negotiation process.
More when we know more...
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