So the city of Glendale already built the Arizona Coyotes a new arena at public cost, then charged them low rent to play in it, then gave them $50 million to keep playing there, then agreed to pay the team $15 million a year more for another 15 years to keep playing there longer, then allowed the team to opt out of its lease if it wants to anyway regardless of all this. After all that, there is no possible way that Glendale can even find any more ways of subsidizing the hockey team, right? Right?
The Arizona Coyotes are talking to the city of Glendale about reducing, changing or getting rid of ticket and parking fees on concerts and special events at Gila River Arena…
The changes would amend a $225 million arena deal forged in 2013 between Glendale and the hockey team’s owners and could reduce direct revenue going to the city under that deal.
The basic idea behind the Coyotes’ plan is that with tons of concert venues in the Phoenix area and fewer and fewer arena-scale touring acts, the only way that the Glendale arena can compete is to lower its prices. And heaven forfend, the Coyotes can’t be expected to lower their ticket prices, because that might cut into profits — so instead, Glendale should forgo its cut of whatever slim concert takings there are in order to make the enterprise more “competitive.”
To his credit, Glendale Mayor Jerry Weiers, who already hated on the last Coyotes subsidy (as well as hosting the Super Bowl), wasn’t thrilled about this latest proposal either, saying, “They want the city to waive the surcharge, but they’re not willing to do anything for Glendale in return.” Weiers has been overruled by the city council before, though, so we’ll just have to see what happens this time. Give the Coyotes owners credit, though: They’re certainly creative in finding new ways to try to milk blood from a stone.