Not long ago the Goldwater Institute released a statement outlining their position on the current Phoenix Coyotes leasing agreement. In their statement the watchdog group has failed to find fault with the agreement for the Renaissance Sports and Entertainment to take over the team, and management of the arena. The self-appointed constitutional guardians had torpedoed several deal in the past with threats of law suits. They are to most observers the single most culpable group in continually extending the decade long saga of the ownership trouble for the beleaguered franchise.
Their objections to buy downs or distributions of the city ownership of the Jobing.com Arena stem from what they state is a violation of the Arizona Constitution’s Gift Clause. The Goldwater Institutes strenuous objections to actual and or perceived violations of this clause likely cost the team the opportunity to build on their run to the Western Conference finals two springs ago. Had stable ownership been in place at the time, it is unlikely the soon to be Arizona Coyotes would have drafted 12th overall.
You can read the Goldwater Institutes entire statement, here.