The Arizona Coyotes will be sold to Ryan Smith, owner of the Utah Jazz, according to confirmed reports. The team is expected to relocate to Salt Lake City and play at the Delta Center. The sale is not yet complete but should be finalized soon.
12News can confirm that the Coyotes will be sold to Ryan Smith , the owner of the Utah Jazz . Here are all the latest details about the sale and the Yotes move.
The Hockey operations are being sold, business side and name will remain here. The Tempe arena vote fail was the last straw. The league no longer wants them playing at Mullett.This will bring an end to the Coyotes' 28-year run in Arizona, which began in 1996 at America West Arena, which is now called the Footprint Center, in downtown Phoenix after the team relocated from Winnipeg, Manitoba.
According to the NHL source, the league no longer wanted to play in a rink built for college hockey and after seeing the vote for an arena and entertainment complex in Tempe fail in May 2023 along with not having a timeline for construction of a new arena at the moment, NHL Commissioner Gary Bettman convinced Meruelo that selling the team would be in the best interest of the players.
The sale of the Coyotes will give Meruelo a five-year window to build an arena. If he is successful, Meruelo would be able to bring an NHL expansion team to the Valley. If he does that, he would have to pay the league back the $1 billion he made from this sale. IMPORTANT: Goal is the move the Roadrunners to Mullett Arena. This allows them to keep staff, hockey in the desert and continue to invest in youth programs.There has been a lot of discussion in recent days about the future of the Arizona Coyotes. I understand and empathize with the concerns of our fans, our community, our partners, our players, our front office, and all of our team members. I hope to address these issues as soon as I am able to speak on the topics.
Coyotes Ryan Smith Utah Jazz Sale Relocation Salt Lake City Delta Center
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Utah Jazz Owner Ryan Smith Hopes to Bring NHL Team to the StateUtah Jazz owner Ryan Smith is looking to bring an NHL team to the state, in addition to an MLB franchise. Smith has urged fans to weigh in on a possible name for the new team.
Read more »
In Ryan Smith’s NHL dream, the puck stops in Salt Lake CityWhy is Utah Jazz owner Ryan Smith is hellbent on bringing an NHL team to Salt Lake City? The Athletic explains.
Read more »
Nara Smith Welcomes Baby Girl With Husband Lucky Blue SmithMaddie Ellis is a weekend editor at TODAY Digital.
Read more »
Dallas Cowboys re-signing offensive lineman Chuma EdogaEdoga started six games for the Cowboys while filling in for Tyron Smith and Tyler Smith.
Read more »
Will Smith, Jada Pinkett Smith's Charity Shutting DownWill Smith and Jada Pinkett Smith are shutting down their charitable foundation due, at least partly, to fallout from Will's infamous Oscars slap.
Read more »
Will Smith Poses With Jada Pinkett Smith and Their Family in Sweet Easter SelfieThe 'Bad Boys' star shared a sweet photo featuring their relatives over the holiday weekend.
Read more »