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 The council voted 7-0 to rescind its decision on June 10 to cancel
an arena management contract with the Coyotes and to enact an
amended two-year deal with the team.
The city and Coyotes have been fighting over the 15-year, $225
million lease for Gila River Arena since the council voted last
month to terminate the agreement. The Coyotes then obtained a
restraining order to keep the city from dissolving the agreement. A
hearing had been scheduled for July 31.
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 contract expires in 2017, which has raised questions about the
Coyotes' long-term plans.
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The Montreal Canadiens agreed to terms with free agent forward
Alexander Semin on a one-year contract.
The deal is worth $1.1 million, according to ESPN.com. Semin, who
signed a five-year, $35 million deal during the lockout-shortened
2013 season with the Carolina Hurricanes, was bought out earlier
this month. He is owed $14 million -- two-thirds of the amount
remaining on his contract -- over six years.
He had three years left on a deal that paid him $7 million annually.
Semin, 31, played 57 games with Carolina in 2014-15, recording 19
points (six goals, 13 assists).
The Canadiens also agreed to terms on a three-year, entry level
contract with forward Daniel Audette.
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Tampa Bay Lightning CEO Tod Leiweke resigned to become chief
operating officer of the NFL.
Lightning chairman and governor Jeff Vinik said team president Steve
Griggs has been named the organization's chief executive officer.
Vice president and general manager Steve Yzerman will continue to
report to Vinik on all hockey operations matters.
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The New Jersey Devils hired Tom Fitzgerald as assistant general
manager.
Fitzgerald, 46, retired as an NHL player following the 2005-06
season. He was assistant general manager of the Pittsburgh Penguins
before joining the Devils.
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The Washington Capitals re-signed goaltender Braden Holtby to a
five-year, $30.5 million contract extension.
Holtby set career highs in wins (41), shutouts (nine), games played
(73) goals-against average (2.22), save percentage (.923) and
recorded a franchise-record 1,887 saves in 2014-15. He tied a
franchise record in wins, shutouts and games played.
The Capitals also signed defenseman Ryan Stanton to a one-year,
two-way contract.
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The Nashville Predators signed 2014 second-round selection Jack
Dougherty to a three-year entry-level contract.
The 6-foot-1, 186-pound defenseman is expected to play his first
season with the Portland Winterhawks of the Western Hockey League in
2015-16.
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The Calgary Flames signed forwards Josh Jooris and Turner Elson to
one-year contracts.
Jooris played 60 games for Calgary in 2014-15, recording 24 points
(12 goals, 12 assists). Elson spent last season with the Adirondack
Flames of the AHL, tallying 30 points (17 goals, 13 assists) in 59
games. (Editing by Gene Cherry)
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