Phoenix, Atlanta, Houston, Salt Lake City among Coyotes' relocation
options
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[May 18, 2023]
Another rejected bid for a new stadium referendum in Arizona
has the Coyotes ready to pack up and move.
NHL relocation procedures are already being discussed according to
the league, which voiced disappointment in the outcome of the latest
vote late Tuesday.
Voters rejected three proposals that would have permitted the
construction of a new arena for the Coyotes in Tempe. The team
played last season at Arizona State's 5,000-seat Mullett Arena.
Developers hoped to build a $2.3 billion entertainment district in
Tempe, and by a 56-44 split in early returns, voters opposed the
proposition. The complex would include the Coyotes' new home in
addition to retail, entertainment and residential space.
"We are very disappointed Tempe voters did not approve Propositions
301, 302, and 303. As Tempe Mayor Corey Woods said, it was the best
sports deal in Arizona history," Coyotes president and CEO Xavier A.
Gutierrez said in a statement. "The Coyotes wish to thank everyone
who supported our efforts and voted yes. ... What is next for the
franchise will be evaluated by our owners and the National Hockey
League over the coming weeks."
Current franchise owner Alex Meruelo, the majority owner since 2019,
had previously attempted to purchase pro sports franchises and
hasn't indicated a preference to sell the team.
"The National Hockey League is terribly disappointed by the results
of the public referendum regarding the Coyotes' arena project in
Tempe. We are going to review with the Coyotes what the options
might be going forward," NHL commissioner Gary Bettman said in a
statement Tuesday night.
TSN reported Phoenix Suns owner Mat Ishbia could be interested in
acquiring the Coyotes and moving the team to Phoenix.
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If new ground can't be found for a home in Arizona,
the Coyotes appear to have three active options on the table:
Atlanta, Houston and Salt Lake City.
Cost could become a deterrent. In 2009, when a bid to move the
franchise to Hamilton, Ontario, was unanimously voted down by
owners, the relocation fee was projected at $195 million. TSN
estimated that figure might be three times higher in 2023.
Geographically, shuffling north to Utah might be the least
complicated for the NHL, allowing the Coyotes to remain in the same
division and walk into a full-time home stadium in Vivint Arena. The
building is owned by local businessman Ryan Smith, who said he
recently met with Bettman and plans to bring hockey to Utah.
Houston has some of the same trappings. Billionaire Tilman Fertitta
acquired the NBA's Rockets in 2017 for a record-setting $2.3 billion
and the Toyota Center is available if the Coyotes were to become a
co-tenant.
It's not clear if the NHL is ready to open the door to Atlanta for a
third time. But Meruelo had an agreement to purchase the NBA's
Atlanta Hawks and their home stadium -- then Phillips Arena --
before the deal was terminated during the owner approval process in
2011.
Two Atlanta-based NHL franchises have relocated to Canada, including
the second iteration of the Winnipeg Jets in 2011. The original
Winnipeg franchise is the Arizona Coyotes, moving from Western
Canada to Phoenix in 1996. The Calgary Flames were originally
established in 1972 as the Atlanta Flames, bolting for Calgary in
1980.
--Field Level Media
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