ARIZONA COYOTES

Conflicting reports on Coyotes ownership front

Feb 21, 2012, 10:31 PM | Updated: 10:36 pm

Could we be nearing the end of the long ownership saga
surrounding the Phoenix Coyotes?

A report from Mike Sunnucks in the Phoenix Business
Journal
indicates that the NHL is close to finalizing
a deal to sell the team to former San Jose Sharks
executive Greg Jamison that would keep the Coyotes in
Glendale.

Sunnucks writes:

The deal still has go through final approvals
and due diligence as well as through the city of Glendale
which owns Jobing.com Arena. But Jamison, the NHL and
Glendale are close to a final deal, according to sources
familiar with the hockey team.

The NHL has owned the team after purchasing it for $140
million during bankruptcy proceedings nearly three years
ago.

The league, however, is denying the sale of the
franchise is imminent.

NHL
Deputy Commissioner Bill Daly told a Seattle television
station that nothing is close to final
.

“We are the owner of the team, and thus should know if and
when we have a deal to sell the team,” Daly said to KING 5
Tuesday.

Seattle has been rumored as a possible landing spot for
the Coyotes if a deal can’t be struck to keep them in the
Valley. A plan for a brand new
arena
in Seattle was unveiled last week, although
construction couldn’t begin until the city could acquire a
franchise in both the NBA and the NHL.

Arizona Coyotes

Alex Meruelo joins Burns & Gambo to discuss Coyotes move to Utah....

Bailey Leasure

Coyotes owner Alex Meruelo says selling Coyotes is something ‘I tried at every cost to avoid’

Arizona Coyotes owner Alex Meruelo joined 'Burns and Gambo' as he talked about the news of the sale and relocation of the team to Utah.

2 hours ago

Arizona Coyotes owner Alex Meruelo joins Burns & Gambo in studio after team is sold to Utah group o...

Damon Allred

Alex Meruelo: ‘I am the only one’ to bring hockey back to Arizona

Coyotes owner Alex Meruelo believes "in actions, not words" so he wants Arizona hockey fans focused on the June 27 land auction.

5 hours ago

Majority Owner, Chairman & Governor, Alex Meruelo of the Arizona Coyotes speaks at an introduct...

Kellan Olson

Alex Meruelo: Coyotes’ failure in Arizona ‘starts from the beginning’

Arizona Coyotes owner Alex Meruelo wanted to make it clear that is still his title when he joined 98.7 following the sale of the franchise.

22 hours ago

...

Arizona Sports Video

Video: Exclusive interview with Alex Meruelo ahead of Coyotes move to Utah

Burns & Gambo sit down exclusively with Alex Meruelo to discuss the team's move to Utah and the land auction he will attempt to win on June 27.

22 hours ago

General view outside of the Delta Center ahead of the NCAA Men's Basketball Tournament on March 19,...

Arizona Sports

It’s official: Coyotes will move from Arizona to Utah with sale to Jazz owner

The Arizona Coyotes officially announced the franchise was sold to Jazz owner Ryan Smith and will relocate to Salt Lake City, Utah.

1 day ago

Clayton Keller at the final Arizona Coyotes game at Mullett Arena...

Arizona Sports

Listen: Coyotes broadcasters give their final sign-offs in franchise’s last Arizona game

The broadcasters for the Arizona Coyotes had well-said farewells to the team that has been relocated to Utah.

1 day ago

Conflicting reports on Coyotes ownership front