Will the Phoenix Coyotes Play in Arizona Next Season?
The ice has not even melted from season’s end yet and the stories about the possibility of new Phoenix Coyotes ownership are already rebounding with some zest.
According to the Phoenix Business Journal, NHL deputy commissioner Bill Daly confirmed yesterday that Gosbee and Ice Edge are not the only group the league is in discussions with and that there is still plenty of interest to be had. Those interested include prior bidder Matthew Hulsizer and a group headed by Southern California investment executive Darin Pastor.
Since 2009, after the league bought out the team from under Chapter 11 bankruptcy for $140 million, they have failed to find a buyer who is interested in keeping the team in Glendale, Arizona. Sources have said that both Gosbee and Ice Edge as well as Pastor are not interested in moving the team out of Glendale.
Another interesting part of the story is the fact that possible team bidders can also put bids in to manage the Jobing.com Arena and the deadline for which is quickly approaching on May 24.
This entire story is certainly not new to Coyotes fans or the league as there has always been possible buyers for the team that have fallen through since the NHL’s purchase of it four years ago, so it’s probably not wise to hold our breath waiting on another deal to go through this time either.