BLAH BLAH BLAHtd_ice wrote:Rob Rossi is going to be on Madden's show in the 4pm hour to discuss the latest on the arena deal.
Rossi is going on Maddens show to bring him 15 dozen of hot wings and a pizza
THATS ALL!
Offical Arena Thread: 2/1/07
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SDPensFan
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Doogs
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Mad City Mike
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Rossi highlights:
Real story: expects deal by tomorrow
Stands by the Fontana story, but Fontana not directly involved in talks
Madden says Pens think Fontana knows nothing
Rossi not buying what Pens are saying (MM) about conspiracy theories
Notes Ravenstahl also said this week is likely
$10 mil IoC payment sticking point, Pens want it from state
Pens/Barden issues are resolved (middle ground)
Argument over "smaller" things now
Doesn't see a deal breaker
Close on major issues
Hill District won't be deal breaker
MM thinks HD should give Pens a share of crack sales
Not convinced KC deal is concrete. Pittsburgh is more ironed out right now
KC not a serious threat right now, Pens are only dealing with Pittsburgh right now
Longer it goes, more likely they stay
Pens say need decision in 5-7 days based on 30-day window told to KC, but league has a bit longer timetable. More time to work deal in Pgh.
Rendell counting on Burkle ties to get it done.
Says Rendell is negotiating through media, but today he only reacted to Fontana today.
They shut up after Rendell, Burkle talked. Not have that mayor talked.
MM says worried about dishonesty by Rendell. RR says Rendell worried about legacy and setting up Onorato to run for guv. Can't do if there is anger over Pens leaving.
Not shocked if it's done tomorrow or over the weekend.
MM closed with shot at LGP yet again, criticizing those who hang on every message board post.
Real story: expects deal by tomorrow
Stands by the Fontana story, but Fontana not directly involved in talks
Madden says Pens think Fontana knows nothing
Rossi not buying what Pens are saying (MM) about conspiracy theories
Notes Ravenstahl also said this week is likely
$10 mil IoC payment sticking point, Pens want it from state
Pens/Barden issues are resolved (middle ground)
Argument over "smaller" things now
Doesn't see a deal breaker
Close on major issues
Hill District won't be deal breaker
MM thinks HD should give Pens a share of crack sales
Not convinced KC deal is concrete. Pittsburgh is more ironed out right now
KC not a serious threat right now, Pens are only dealing with Pittsburgh right now
Longer it goes, more likely they stay
Pens say need decision in 5-7 days based on 30-day window told to KC, but league has a bit longer timetable. More time to work deal in Pgh.
Rendell counting on Burkle ties to get it done.
Says Rendell is negotiating through media, but today he only reacted to Fontana today.
They shut up after Rendell, Burkle talked. Not have that mayor talked.
MM says worried about dishonesty by Rendell. RR says Rendell worried about legacy and setting up Onorato to run for guv. Can't do if there is anger over Pens leaving.
Not shocked if it's done tomorrow or over the weekend.
MM closed with shot at LGP yet again, criticizing those who hang on every message board post.
Last edited by Mad City Mike on Thu Feb 01, 2007 3:56 pm, edited 6 times in total.
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mattyj5571
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Corban87
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emptynet_66
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jwest21
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jwest21
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Maestro
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How about I'll set up a paypal account expressly for collecting the $10mil through independent donors - once we reach the $10mil goal I'll transfer the funds from my account directly to the Lemieux Group...
.... I promise.... Scout's honor
.... I promise.... Scout's honor
Last edited by Maestro on Thu Feb 01, 2007 3:55 pm, edited 1 time in total.
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emptynet_66
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jwest21
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probably. Perhaps the sticking point is them negotiating the spreading out of the payment and minimizing the interest.MarioLemieux1992 wrote:wouldn't that cost them more then..jwest21 wrote:Yeah, but I bet they could get this spread out over a few years and minimize the payoutsMarioLemieux1992 wrote:Mad City Mike wrote:
$10 mil IoC payment sticking point, Pens want it from state
Close on major issuesthis could be a problem
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bill from turtle creek
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Stoosh
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Rossi on with Madden…
- Madden asks about the difference between the Fontana comments and Rendell comments…Rossi says he still expects deal to be announced in a short period of time, possibly as early as tomorrow.
- Points out that Fontana isn’t directly involved in the talks, but he’s certainly speaking with some degree of authority on this issue.
- Really going after Madden’s theory that the politicians are only doing this to set themselves up to look good if the Pens leave because the politicians have absolutely nothing to gain by doing that. In fact, it would be more detrimental to the politicians than anything else.
- Apparently, he’s talked to the Pens to a substantial degree and he’s not necessarily buying what they’re selling.
- Says he’s heard from more than one source that the Pens and elected officials are going to make sure this is “all wrapped up nicely and neatlyâ€￾ when they make the announcement.
- Says the IOC payment may still be an issue, but this should in no way be a deal-breaking issue.
- Madden asks if at some point, the deal in KC becomes better because it’s more concrete? Rossi says he doesn’t think so at all. He doesn’t even know how concrete the deal is there. Until the Pens go back to KC, engage in any real serious talks with KC and actually apply to the league for relocation, he doesn’t think KC is a threat.
- The longer this goes on, the more likely they stay in Pittsburgh because the less time they’ll have to go to KC.
- Madden asks how quickly the clock is ticking. Rossi said they probably have longer than the self-imposed 30-day deadline the Pens gave. The league believes this deadline could extend into mid-Feb or so.
- Madden asks if Rendell is counting on Lemieux’s legacy in Pittsburgh. Rossi said he doesn’t think so…from what he’s been told, this is more about doing the deal with Burkle than anything else. The best way for Mario to collect completely on his investment in the Pens is to work up a favorable deal here.
- Is Rendell negotiating too much through the media? Not really. Rendell’s comments today were reactions to what Fontana said. Apparently, the conversations Rendell and Burkle have had have gone very, very well and those are fueling the reports that the deal is close.
- Madden says his biggest worry is that Rendell is a dishonest man who doesn’t care about Pittsburgh. Asks Rossi if he has reasons to be concerned. Rossi said from talking to politicians close to this deal and close to Rendell, Rendell and Onorato (especially Onorato) are very concerned about this area, if only because they are out to protect their own interests and they know what they stand to lose if this goes bad.
- Asked for a target date. Rossi says possibly tomorrow…possibly early next week.
Haha! Madden closes by asking if the people who follow this situation on the message boards like carp grasping for every nugget should be considered pathetic. Rossi said those people should be considered exhausted.
You know, for someone who considers us message board posters as forms of life lower than the organisms that habitate pools of stagnant water, Madden sure does concern himself with us quite a bit. Kind of ironic, too, considering he used to post on the old board.
- Madden asks about the difference between the Fontana comments and Rendell comments…Rossi says he still expects deal to be announced in a short period of time, possibly as early as tomorrow.
- Points out that Fontana isn’t directly involved in the talks, but he’s certainly speaking with some degree of authority on this issue.
- Really going after Madden’s theory that the politicians are only doing this to set themselves up to look good if the Pens leave because the politicians have absolutely nothing to gain by doing that. In fact, it would be more detrimental to the politicians than anything else.
- Apparently, he’s talked to the Pens to a substantial degree and he’s not necessarily buying what they’re selling.
- Says he’s heard from more than one source that the Pens and elected officials are going to make sure this is “all wrapped up nicely and neatlyâ€￾ when they make the announcement.
- Says the IOC payment may still be an issue, but this should in no way be a deal-breaking issue.
- Madden asks if at some point, the deal in KC becomes better because it’s more concrete? Rossi says he doesn’t think so at all. He doesn’t even know how concrete the deal is there. Until the Pens go back to KC, engage in any real serious talks with KC and actually apply to the league for relocation, he doesn’t think KC is a threat.
- The longer this goes on, the more likely they stay in Pittsburgh because the less time they’ll have to go to KC.
- Madden asks how quickly the clock is ticking. Rossi said they probably have longer than the self-imposed 30-day deadline the Pens gave. The league believes this deadline could extend into mid-Feb or so.
- Madden asks if Rendell is counting on Lemieux’s legacy in Pittsburgh. Rossi said he doesn’t think so…from what he’s been told, this is more about doing the deal with Burkle than anything else. The best way for Mario to collect completely on his investment in the Pens is to work up a favorable deal here.
- Is Rendell negotiating too much through the media? Not really. Rendell’s comments today were reactions to what Fontana said. Apparently, the conversations Rendell and Burkle have had have gone very, very well and those are fueling the reports that the deal is close.
- Madden says his biggest worry is that Rendell is a dishonest man who doesn’t care about Pittsburgh. Asks Rossi if he has reasons to be concerned. Rossi said from talking to politicians close to this deal and close to Rendell, Rendell and Onorato (especially Onorato) are very concerned about this area, if only because they are out to protect their own interests and they know what they stand to lose if this goes bad.
- Asked for a target date. Rossi says possibly tomorrow…possibly early next week.
Haha! Madden closes by asking if the people who follow this situation on the message boards like carp grasping for every nugget should be considered pathetic. Rossi said those people should be considered exhausted.
You know, for someone who considers us message board posters as forms of life lower than the organisms that habitate pools of stagnant water, Madden sure does concern himself with us quite a bit. Kind of ironic, too, considering he used to post on the old board.
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Doogs
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td_ice
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Also Madden asked Rossi if the Govenor was counting on Lemieux to keep team here because of his legacy.
Rossi: We all due respect to Mario, that whole 'keep the team here due to legacy' is pretty much out the window and not a factor at all. I mean Mario has already, before the deal fell apart, sold to a guy, in Balsille, who would have moved the team. Mario is going to take the best deal for him, no matter what city it is.
So no Rendell is not counting on that at all. What he is counting on is Burkle and the fact they have a good relationship.
Rossi: We all due respect to Mario, that whole 'keep the team here due to legacy' is pretty much out the window and not a factor at all. I mean Mario has already, before the deal fell apart, sold to a guy, in Balsille, who would have moved the team. Mario is going to take the best deal for him, no matter what city it is.
So no Rendell is not counting on that at all. What he is counting on is Burkle and the fact they have a good relationship.
Last edited by td_ice on Thu Feb 01, 2007 4:06 pm, edited 2 times in total.
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dboss
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Right, but that is Burkle. Burkle and the LGP are totally separate for legal purposes. Burkle has not earned a $$$ from this 'investment' yet so I see no need for him to just pay the fee. If Burkle were just to write a check he would want something in return, such as a higher % of ownership in the club.MarioLemieux1992 wrote:it is...i mean 10million!!!???!!! burkle is worth 2billion....2billion!! 10mil is nothing to himemptynet_66 wrote:This is retarded. They're going to owe 10 million to SMG if they leave!MarioLemieux1992 wrote:Mad City Mike wrote:
$10 mil IoC payment sticking point, Pens want it from state
Close on major issues
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td_ice
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