• SHARE:
  • email
  • Bookmark and Share

Glendale council takes first step toward completing Coyotes lease

GLENDALE, Ariz. - The Glendale City Council has approved a preliminary budget that includes $17 million to be paid to the prospective buyer of the NHL's Phoenix Coyotes for operating costs for the city's Jobing.com Arena.

The 4-3 vote on Tuesday night was the first in a series of moves necessary before the council approves a new lease for the arena.

The council has two more preliminary budget hearings before taking a final budget vote. No date has been set for the council to consider the new lease, but it is expected to do so in the next few weeks.

The NHL has reached a tentative deal to sell the team to Greg Jamison, former CEO of the San Jose Sharks, contingent on a new lease agreement with Glendale.

More Stories

Arizona Coyotes sign arena rights deal with Gila River Casinos

The Arizona Coyotes hope a new sponsorship agreement with Gila River Casinos will bring in more...

Arizona Coyotes sign first round pick Perlini to entry-level contract

GLENDALE, Ariz. - The Arizona Coyotes signed first round draft pick Brendan Perlini to a...

Coyotes sign F McMillan to 1-year deal, F Szwarz to 2-year contract

GLENDALE, Ariz. - The Arizona Coyotes have signed forwards Brandon McMillan and Jordan Swarz....

Arizona Coyotes sign steady forward David Moss to one-year deal

GLENDALE, Ariz. - The Arizona Coyotes have signed forward David Moss to a one-year contract....
blog comments powered by Disqus

THN on Twitter

If the NHL expanded into one market, where should it go?








Contests

Our Partners