Found March 11, 2012 on
from Mike Sunnocks of the Phoenix Business Journal, It’s now been a couple of weeks since there was legitimate talk that former San Jose Sharks CEO Greg Jamison was close to closing a deal to buy the Coyotes from the National Hockey League.
That talk has chilled somewhat. A Jamison bid needs to get approved by the NHL which bought the Coyotes in 2009 for a $140 million and the city of Glendale which owns Jobing.com Arena and has subsidized the team to the tune of $25 million.
...The team losses $20 million to $25 million annually. Prospective ownership groups have struggled over the red stains on the Coyotes balance sheet and how to workout something related to the team’s losses with the NHL and Glendale.
One source who has direct knowledge of the Coyotes sale sage says that prospective buyers have come in with optimism regarding their bids only to run into stumbling blocks when investment partners see the franchise’s losses.
BEST OF MAXIM
from David Pollak of the Mercury News, The Sharks are in unfamiliar territory. Their 75 points are fewer than any Sharks team has accumulated in 67 games since Wilson took over in 2003. A year ago at this point the team had 84 points; two years ago, 96.
The Sharks have had to deal with injuries to top players such as Logan Couture, Ryane Clowe and Douglas Murray during the stretch...
The San Jose Sharks have broken their five game losing streak with a win over the Edmonton Oilers 3-2 backed by two power play goals.
It was a huge two points for the Sharks who are fighting for their playoff lives with Colorado, LA, Phoenix, and Calgary who they face-off against tomorrow night.
This was a game where the Sharks won more battles than they lost and had good energy led by...
Logan Couture scored a tiebreaking goal early in the third period and the San Jose Sharks snapped a five-game slide with a 3-2 victory over the Edmonton Oilers on Monday night.
Joe Thornton had a goal and an assist while Torrey Mitchell also scored for the Sharks (34-25-9), who are trying to get back into the playoff picture after losing 11 of their previous 13 games.
When it comes to the most consistent teams in the NHL over the past number of years, one will always hear about the likes of the Detroit Red Wings, Nashville Predators, Philadelphia Flyers, Pittsburgh Penguins, Vancouver Canucks and so on and so forth.However, one club that does not get the recognition that it deserves is the San Jose Sharks. While the Sharks are now six points behind...
The San Jose Sharks continue to lose ground in the hunt for a playoff spot after they lost for the second time in a row against a divisional rival that is ahead of them in the standings.
The Phoenix Coyotes handled the Sharks in a 3-0 win in the desert with opportunistic scoring and brilliant goaltending from Mike Smith. Smith stopped 42 shots in the win and many were difficult saves. The S...
Back in March of 2010, the Sharks were trying to snap their worst losing streak in 13 years. They had lost five in a row and were preparing to face the Oilers. They lost that game.
“We’re not going to wake up tomorrow morning and say ‘Oh, we’re going to play better’....We need to get that belief back.” -Rob Blake, March 22, 2010 (archived article, Merc News)
It has been a disastrous last month for the San Jose Sharks, who are tumbling down the Western Conference standings.
The lowly Edmonton Oilers have already contributed to their woes.
The Sharks, the NHL's only winless team in March, again try to break out of their funk and avenge last week's home loss to the Oilers on Monday night at Rexall Place.
San Jose (33-25-9) has...
Tonight won't be remembered as another Oilers loss to the San Jose Sharks. Nope.
Instead, tonight will be remembered as the point where the pot boiled over. The Coach, the players...THE TEAM...has finally figured out there is something seriously wrong.
A few quotes from the post-game, via Twitter:
Tom Renney: "Doesn't take many for wrong approach, the wrong...
Ten points separated the Calgary Flames from the San Jose Sharks at the beginning of February, though Calgary's recent surge has coincided with San Jose's swoon to close the gap.
The Flames host the Sharks in a crucial Western Conference matchup Tuesday night with both teams looking to get back into the playoff picture.
Calgary (32-25-12) has won three straight games including...
Yes!YESSSSSSSSSSSSS! 9th never tasted so good!Ok, ok, I know, it's really nothing to be excited over. The Sharks are still out of the top 8 spots in the West and they still have a helluva hill to climb if they want to make it back in, and STAY back in playoff contention, but they HAD to get this win. There's not time to fart around anymore. You win, or the season ends, and...