West Valley buys 40% of Grizzlies hockey team

Ownership will now let hockey team spread out its debt payments to city

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  • Grizz fan
    March 19, 2009 5:41 p.m.

    Dont think WVC put a boat load of money into the Ecenter upgrades to just to see the Grizz leave.
    Thank you WV. GO GRIZZ. Utah has as much of a chance of geting a NHL team. As we do geting 5.6 beer in the smiths store!

  • TheWiz
    March 19, 2009 12:50 p.m.

    Well, the AHL (AAA to the NHL) may have a team in British Columbia soon, so the AHL may be moving back out west. Maybe SLC could be in the mix.

    I have a hunch that the NHL team most likely to move to Utah is the Blues, owned by RSL owner Dave Checketts. He doesn't seem like the guy who buys a team just to move it. If Utah gets the NHL full-time, I hope it isn't the Blues. A 40-plus-year history down the drain, then SLC becomes the OKC of the NHL. Maybe the Florida Panthers or Atlanta Thrashers would make sense. Rename whatever team that comes here the Utah Rockies, Stags, or Golden Eagles.

    I think that Utah could support an NHL team. Then maybe send the Grizz to St. George; they're trying to get an ice rink down there, so who knows? :)

    One other thing: I thought that Ellmore (the owner) said earlier in the season that the Grizz were just fine. What gives?

  • Someone has it right
    March 18, 2009 10:11 a.m.

    Why in the world if they have problems filling the stadium do they charge for parking? I'd bet anything if they stopped charging for parking they would sell more tickets. I mean there is only like 5000 parking spots or something. Word of advice to WVC if you want people to go to a fringe sport you have to make it as affordable as possible. Until you build up your fan base people aren't going to be price gouged for something they don't care about. As far as Utah sports go this ranks pretty low. 1 Jazz 2 BYU football 3 U of U football 4 RSl 5 Blaze Tie 6 BYU or U of U basketball 8 U of U gymnastics 9 Bees 10 Grizzlies or Miller Motor Sportspark (it's a toss-up)

  • 2 big 2 fail?
    March 18, 2009 10:07 a.m.

    The issue is not how the deal is structured. WVC is exchanging debt for ownership, in order to keep the team financially viable.

    The same argument justified federal ownership of AIG and other banks.

    The details of the transaction and the motivation behind it doesn't justify the use of public money to prop up a failing business.

  • Re: re Big Mistake (9:44 am)
    March 18, 2009 10:03 a.m.

    You blew your whole comment with an ad hominen attack on a person you've never met. You offered a cogent analysis of the situation, and then decided to call another human being's intelligence into question. I'll bet you wouldn't dare say that to my face.

    Just make your comment and leave it at that. Personal attacks detract from your argument.

  • re: Big Mistake
    March 18, 2009 9:44 a.m.

    W.V.C. didn't spend $600,000. Read the story.

    The Grizzlies are experiencing hard economic times, just like everyone. First off its a Blue-Collar sport so this recession is hitting them extra hard. The Grizzlies didnt have the $600,000 for E-Center rental. Rather than demand the money which would be the end of the team, meaning no further income, from the E-Center building. WVC decided to turn the debt into ownership.

    It was a no-brainer.

    To reiterate, here were their options: 1) Lose all future revenue all together by demanding money they wouldnt receive because it would force the team into bankruptcy. 2) Take the debt and turn it into ownership where they could share in profits if the team survives and continue to provide a tenant for the building besides just the occasional concerts.

    If you think this was a bad idea? That says a lot about your intelligence. This was there only option.

  • Dave
    March 18, 2009 9:36 a.m.

    taxpayer money to bailout a private enterprise, where have I heard that before?
    But.....they need not worry about it too much, after all its NOT THEIR MONEY being used!
    In case anyone hasn't noticed public officials are really stretching their imaginations to justify whats in the "public interest".
    I wish they'd quit dreaming up things to throw money at and just let us keep our tax dollars!

    March 18, 2009 9:31 a.m.


  • Anonymous
    March 18, 2009 8:50 a.m.

    Socialist hockey.....sounds like Eastern Europe of the 1980's.
    Love "conservative" politicians agreeing to bigger government. Warms my liberal heart.

  • Anonymous
    March 18, 2009 8:39 a.m.

    Your a big mistake!

  • Knowwhat
    March 18, 2009 8:31 a.m.

    Thank you Mr. Obama for setting the example to guide the elected officials in W.V.C towards the next government bail out. The fact is that there is no other use for W.V.Cities E center.

  • metallenca1
    March 18, 2009 7:56 a.m.

    I've got an idea to improve attendance: Bring back Bikini Night.

  • Anonymous
    March 18, 2009 7:34 a.m.

    10 bucks a ticket. how can that be over priced. Change your name to Idiot!

  • Also for the first commenter
    March 18, 2009 7:31 a.m.

    An additional comment is that the Coyotes are being sold this off-season, so 90% chance they will leave Phoenix...think before you comment about SLC getting a major hockey team, not a good idea.

  • BIG Mistake
    March 18, 2009 7:28 a.m.

    You'd think local leaders would learn from the AIG/Citi/TARP mess: Don't invest public money in questionable private enterprises.

    With tax revenue down, I'm sure West Valley City could find more appropriate ways to spend its limited resources. I'm also positive that the residents of that fine community, as well as City employees, could offer a few suggestions as to how $600,000 could be spent.

  • Steve
    March 18, 2009 7:21 a.m.

    Uh....above commenter? you do realize that the Coyotes are in serious attendance trouble? Mostly due to the fact that the hockey fan base in the valley tends to be over in Scottsdale, and the arena is all the way over in Glendale? (Also, of course, the Coyotes suck, but that's less of an issue to the diehards.)

  • elliott
    March 18, 2009 6:44 a.m.

    The Grizzlies is a money losing endevour because it has been badly mismanaged. The tickets are overpriced, the team's performance is mediocre at best, the food is overpriced and horrible and on top of that they try to squeeze the last dollar out of the few poor saps who come by not only charging for parking, but doing so at outrageous prices per car. Not a good proposition for people who like hockey, let alone for those who dont care for the sport.

  • SJ Bobkins
    March 18, 2009 5:17 a.m.

    It seems pointless to keep trying. The AAA Hockey days with a packed Salt Palace, great WHL or CHL hockey with good players on their way up or back down, solid franchises and league teams from cities you had heard of is so far gone, why even bother with this mess, which is strictly amateurish from ownership down to the players on the ice. SLC needs to put itself in a position to provide a place for a moving franchise from the NHL to escape to. With all the hassle in building a rinky dinky stadium in Sandy, good luck. Some cities build, other cities sit and twiddle their thumbs which describes SLC and Utah. Sometime check out Chase Field, The new hockey rink for the Coyotes, Univ. Phoenix stadium in Glendale, and know that it can never happen in the city by the lake. The same lack of vision that keeps travelers stuck with a 1970s airport hasn't the vision to build facilities. Ever check out all the competing airports, DEN, LAS, PHX, and compare them with SLC, what a joke.