Coyotes sale to Utah Jazz owner expected next week, Arizona to get expansion team, AP source says
Release time：2024-05-21 07:40:40 Source：Horizon Herald news portal
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.
- Previous：Britain's new bonkers EV: Callum Skye is an £80k electric buggy built in Warwickshire
- Next：The unstoppable duo of Emma Stone and Yorgos Lanthimos
Related articles
- Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
- Serial Short Videos Released to Raise Awareness About Children's Charities
- Wuzhou Juyan Tea Industry Booms in E China's Zhejiang
- Station Provides Family Education Guidance Service
- The fightback begins: Boss of London's Queen Mary University tells pro
- Facilitating Early Education in Neighborhoods
- Station Provides Family Education Guidance Service
- Chinese, Lao foreign ministers hold talks
- The fightback begins: Boss of London's Queen Mary University tells pro
- Shanghai Women's Federation Prevents, Solves Family Disputes
- Fresh heartache for cancer
- Serial Short Videos Released to Raise Awareness About Children's Charities
- German, Chinese Students Unite in Chinese Painting at Qingdao No. 9 High School
- China's energy
- College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
- China Improving Treatments for Mothers and Newborns
- Wuzhou Juyan Tea Industry Booms in E China's Zhejiang
- Chinese VP meets Royal Philips CEO
- Here comes the char
- View of Blooming Flowers in China's Xizang
Random recommendation