Hearing that on his way out, Alex Meruelo will donate $1M to @azhockeylegacy & an additional $1M to maintain Coyotes youth hockey programs. In addition, $8M will be dedicated to remaining staff in the form of compensation & health insurance at least through the end of 2024.
by Numark105
15 Comments
Wow he did something nice on the way out
That’s pleasantly out of character for him
I’ll give the devil his due. This was decent of him.
I truly hope it’s enough. Not just ice hockey but they have amazing roller and street hockey programs for kids 7-13 that I hope keep going
Let’s be real, the donation is nice but you can’t convince me he didn’t do it mostly for a tax write off. And giving your employees a severance package when you quit and dissolve a company should be a standard and morally expected. You get no props from me and I see through your bullshit AM making this a public statement. This is something you do quietly because it’s the right thing to do after making a crapload of money at the expense of everyone around you.
Maybe got a whiff of just how much people hated his behavior, and decided to turn a new leaf? Naaaaah, who am I kidding, it’s a tax write-off.
That’s the most surprising thing of all of this
I’m happy for the employees benefiting, but damn it sucks for the ones just laid off that got 2 weeks.
Yeah let’s see him fucking do it
So 1% of the sale price?
Not to sound ungrateful, I’m glad it’s there to buy the programs some time, but not worthy of much praise.
Was he visited by 3 ghosts recently?
Ah, such a sweet guy. All is forgiven
NOT
i want to look at this like it’s a nice thing but that’s 10 million out of the 1 billion he got for the team. he has 990 million left to do fuck all with. it’s a drop in the ocean. better than nothing but still pathetic.
$1m is basically 5 seasons for 1 youth hockey player. Shit’s expensive. Source: hockey player and hockey dad
I missed something. What was heard by him on the way out?