NHL Has Interim Agreement To Keep Coyotes

It’s been a never-ending saga of will the Phoenix Coyotes remain in the Arizona desert or will they be sold to True North and move back to where the franchise originally started out – Winnipeg, Manitoba. The pending sale to Chicago businessman Matthew Hulsier has hit the wall and latest reports state that he might be pulling out. And now, the NHL has proposed that they will run the franchise in Phoenix for another year (atleast) and  theNHL and the city of Glendale have agreed to prolong the agony for another season while negotiations to find a new owner continue. One source with knowledge of the deal says this is it, that Winnipeg’s NHL hopes hang in the balance.

If passed, the agreement would allow Glendale, the league and Matt Hulsizer more time to work out a long-term plan to keep the team in Arizona. Under the deal, Glendale taxpayers would be on the hook for another $25 million in losses next season, just like they were this past season. The agreement must gain the support of Glendale city council, which meets next Tuesday and vote on the action. Bettman his henchman are doing this to do everything possible to ensure that the Coyotes stay back in Arizona. However, if Glendale politicians balk, all bets are off and the NHL will probably sell the franchise to True North who will move the franchise back to where they belong.

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