Glendale Mayor Jerry Weiers says the city has a good
opportunity to keep the Coyotes in town, even though Thursday night’s deadline
passed without a prospective owner coming up with the money to buy the team.
The National Hockey League lockout is in its 74th day. The Phoenix Coyotes still don’t have an owner. But there is some good news for hockey in the desert after a decision Tuesday night in Glendale.
The Phoenix Coyotes ownership situation has been a stress-inducer for local hockey fans, the National Hockey League, and Glendale residents and elected officials.
The Glendale City Council is expected to vote Friday on an agreement with the potential new owner of the Phoenix Coyotes. Under the deal, the city would pay Greg Jamison more than $300 million over 20 years to improve and manage Jobing.com Arena.
The Glendale City Council begins a daylong budget session Tuesday to figure out how to close a $35 million shortfall. The recession and payments to the National Hockey League have left the city in a hole.
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