Pastor group delivers bid for Coyotes to NHL
MAY 10, 2013 1:15p ET
-- According to sources, the bid is believed to include the highest purchase price currently offered for the team, though exact figures were unknown.
-- The bid includes an option to purchase Jobing.com Arena over a period of time.
-- The bid includes an out-clause that ranges from 3-7 years, depending on the club's financial performance, which likely is similar to any other group’s bid.
-- The Pastor group wants to forge a much deeper relationship with all of the Valley’s youth hockey programs both to promote and grow the game.
Pastor was in Scottsdale on Friday meeting with representatives of Kutak Rock LLP, the firm his group just retained that specializes in the municipal bond market and is expected to play a major role in brokering a deal with Glendale.