Current location:Stellar Series news portal > business
Coyotes sale to Utah Jazz owner expected next week, Arizona to get expansion team, AP source says
Stellar Series news portal2024-05-22 01:59:40【business】8People 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.
Address of this article:http://mayotte.priasejati.net/news-53c199854.html
Very good!(977)
Related articles
- Seven sneaky clauses in estate agent contracts that can cost you dear
- China, US need to keep faith with win
- How Columbia University's complex history with the student protest movement echoes into today
- Vanessa Feltz glams up in a chic green print tiered maxi dress as she attends the star
- Bichette has 4 hits, Berríos snaps 4
- China marks 120th birth anniversary of late senior CPC leader
- Freiburg's Gregoritsch strikes late to sink West Ham
- Hong Kong transgender activist gets ID card reflecting gender change after yearslong legal battle
- How Diddy made himself the 'victim' in apology video where he does not mention ex
- Beijing, Shanxi force tie
Popular articles
Recommended
The 13 style rules that every midlife woman MUST follow (and yes, beige really is banned!)
Digital Silk Road development enables connectivity, prosperity
China to unveil major sci
Horses show off in Versailles, keeping alive royal tradition on soon
DR MARTIN SCURR: How losing your hearing may cause dementia
China to unveil major sci
Top political advisor meets visiting KMT delegation
Chinese premier holds symposium with overseas buyers at Canton Fair
Links
- China firmly opposes latest groundless accusations in Philippine media reports
- Philippines urged to honor commitment
- Xiplomacy: China, Algeria Mark Anniversary of Ties with Eyes on Stronger Partnership
- Airshow China displays advanced technology, shared market
- Xi Focus: Xi Calls for Striving to Realize Economic Goals in 2023
- Xiplomacy: China, Algeria Mark Anniversary of Ties with Eyes on Stronger Partnership
- China, Suriname to boost relations
- Significant upgrade of Japan
- UN General Assembly resolution demands end of U.S. embargo on Cuba
- China firmly opposes latest groundless accusations in Philippine media reports