Conservative Goldwater Institute blasts Reinsdorf deal, says Ice Edge plan looks OK

Posted on April 12, 2010 | Type: In the News
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PHOENIX - The proposed agreement between the city of Glendale and a group headed by Chicago sports baron Jerry Reinsdorf for purchase of the Phoenix Coyotes is facing severe criticism from a conservative watchdog group.

Carrie Ann Sitren, lawyer at the Goldwater Institute, said Reinsdorf's memorandum of understanding on a revised lease made public on Friday "raises serious legal questions."

On the other hand, she said the memorandum with the other proposed buyer, Ice Edge Holdings, "looks much better." The Glendale City Council is to vote on both memorandums on Tuesday night.

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