That's the same lease that has the city losing millions of dollars a year right?
What extraordinary dipshits
Quote:
Glendale recently had a round of layoffs, along with tax hikes and service cuts to cover a $35 million gap in the upcoming budget, so a publicly-financed deal to keep the Coyotes — one that includes an average of $15 million in arena operating costs — wasn't popular with everyone.
According to a study commissioned by Glendale, the city would pay Jamison $203 million and bring in $45 million in revenue, leaving a huge gap.
I hope this bites them in the ass exactly as hard as the numbers predict.