Coyotes sale to Utah Jazz owner expected next week, Arizona to get expansion team, AP source says
TEMPE. Ariz. (AP) — The Arizona Coyotes will likely be sold to Utah Jazz owner Ryan Smith shortly after the team’s final game and will include a provision guaranteeing current owner Alex Meruelo an expansion team if a new arena is built within five years, a person with knowledge of the deal told The Associated Press on Saturday.
The $1 billion sale is expected to happen between the Coyotes’ final game of the 2023-24 season on Wednesday and the start of the playoffs on Saturday, barring unforeseen circumstances, the person said on condition of anonymity because the planned deal has not been announced.
The deal will transfer the franchise’s hockey operations first to the NHL and then to Smith, who plans to move the team to Salt Lake City, and Meruelo will maintain business operations to move forward with a planned $3 billion project that will include a new arena in north Phoenix. Meruelo also will continue to own the Tucson Roadrunners, the franchise’s AHL affiliate, and plans to move the team to Mullett Arena in Tempe, the current temporary home of the Coyotes.
Related articles
Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
A team of shocked medics removed 150 maggots from a woman's mouth that had appeared after a dental p2024-05-21Suburban Detroit police fatally shoot man who pointed gun at them
WARREN, Mich. (AP) — Officers responding to a calls about a man who was assaulting family members fa2024-05-21Pakistani police search for gunmen who abducted bus passengers and killed 10 in the southwest
QUETTA, Pakistan (AP) — Pakistani police are searching for gunmen who killed eight people after abdu2024-05-21Trump to host rally on Biden's home turf in northeast Pennsylvania
WASHINGTON (AP) — Donald Trump plans to hold a rally Saturday in northeast Pennsylvania, venturing i2024-05-21- Tom Holland enjoyed a post-show cup of tea and proudly waved to fans as he left the Duke of York's T2024-05-21
Manuel Rocha, a former US ambassador, sentenced to 15 years for serving as secret agent for Cuba
MIAMI (AP) — A former career U.S. diplomat was sentenced Friday to 15 years in federal prison after2024-05-21
atest comment