Share this story...
Latest News

Glendale City Council approves arena lease agreement, Coyotes likely to stay

The Glendale City Council approved an arena lease agreement with prospective owners of the Phoenix Coyotes during a vote on Tuesday night.

The council approved the proposed 15-year, $225 million deal for Jobing.com Arena by a 4-3 vote. The Coyotes can now proceed with the sale of the team to investors Renaissance Sports & Entertainment.

Earlier in the day, industry leader Global Spectrum, a subsidiary of Comcast-Spectacor, partnered with the Renaissance group to manage Jobing.com Arena.

If the council voted against the lease, the Coyotes would likely have been relocated.