Current location:business >>
Coyotes sale to Utah Jazz owner expected next week, Arizona to get expansion team, AP source says
business423People have gathered around
IntroductionTEMPE. Ariz. (AP) — The Arizona Coyotes will likely be sold to Utah Jazz owner Ryan Smith shortly af ...
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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Capsule news portal”。http://algeria.fivesixgroup.com/article-08c499944.html
Related articles
Messi in and Dybala out in Argentina squad for pre
businessBUENOS AIRES, Argentina (AP) — Lionel Messi is in and Paulo Dybala is out of Argentina’s squad for f ...
【business】
Read moreMCA, ACWF Promote Harmony Within Families
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read moreNational Women's Housekeeping Service Competition Concludes, Winners Awarded
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read more
Popular articles
- Candice Swanepoel stuns in a form
- ACWF Releases Posters to Publicize Anti
- From masterpiece to marketplace, creative museum souvenirs go viral among Chinese youth
- ACWF Launches Campaign to Salute Women Role Models in Anti
- Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
- ACWF President Presides over Symposium on Women and Children's Development in the 14th Five
Latest articles
Amtrak train hits pickup truck in upstate New York, 3 dead including child
ACWF Holds Video Meeting to Study Law on Safeguarding National Security in HK SAR
Opera Professor Turns Classrooms into Performance Stages
MCA, ACWF Promote Harmony Within Families
Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
ACWF Holds Forum to Share Women's Efforts, Achievements in Battle Against Poverty
LINKS
- China Focus: E
- Xi Sends Congratulatory Letter to Event Marking 70th Anniversary of 'Icebreaking Mission' in China
- Tourists visit 23rd Harbin Ice
- Key projects under construction in Heilongjiang, NE China
- Xi's Article Calls on Young Officials to Shoulder Mission of the Times
- Cold snap sweeps eastern U.S.
- Chinese power generators improve livelihood in Thailand
- Fujian vows to advance cross
- China not to blame for prices
- Spring scenery across China