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 The Coyotes and the city said they have reached an agreement on an
amended lease for Gila River Arena that will keep the team in
Glendale for at least two more years.
According to the revised agreement, the city's arena management fee
to the team would drop from $15 million a year to $6.5 million, and
the team would keep all revenue from ticket surcharges, parking and
naming rights.
The city and team have been fighting over the 15-year, $225 million
lease for Gila River Arena since June, when the City Council voted
to terminate the agreement. The Coyotes then obtained a restraining
order to keep the city from dissolving the agreement.
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Lou Lamoriello resigned as president of the New Jersey Devils and
was introduced Thursday as general manager of the Toronto Maple
Leafs.
Lamoriello's resignation was announced in a press release from the
Devils at 10:12 a.m. ET, with the explanation that he would pursue
other opportunities after 28 years with the franchise. One minute
later, the Maple Leafs sent a release to trumpet Lamoriello would be
taking over as general manager.
His tenure with the Devils was the longest for any general manager
in NHL history.
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The Calgary Flames signed forward Lance Bouma to a three-year
contract worth a reported $6.6 million.
The financial terms of the deal were reported by CBC. Bouma's salary
will be a $2.2 million cap hit for the Flames next season.
In 78 games for Calgary last season, the 25-year-old established
career highs with 19 goals and 18 assists and also logged 54 penalty
minutes.
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After making his Buffalo debut last season, forward Jerry D'Amigo
signed a one-year, two-way contract with the Sabres.
D'Amigo, acquired from the Columbus Blue Jackets in a December deal
for Luke Adam, played in nine NHL games last season after he was
recalled from Rochester in the American Hockey League.
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The Arizona Coyotes have signed forward Michael Bunting to a
three-year, entry-level contract.
Bunting, 19, scored 37 goals and tallied 37 assists in 57 games with
the Sault Ste. Marie Greyhounds of the Ontario Hockey League last
season.
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Center Michael Chaput signed a one-year, two-way contract with the
Columbus Blue Jackets.
Chaput, 23, played in 33 games for the Blue Jackets last season and
logged one goal and four assists along with 21 penalty minutes.
(Editing by Andrew Both)
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