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It is the end, don't kid yourself. No other billionaire is going to invest in Arizona unless the path to build an arena is much easier than what it has been. Arizona politicians won't make that happen unless they get a nice cut of it.
Agree @loffmanssportstalk7400...Meruelo was just another owner, who thought it would be a cake walk, to do what he wanted. Nah, the public should not have to fit the bill for what he wants. And lets be real, Hockey, takes a distant back seat, to the Cards, Suns & Dbacks. And I use to be a Coyotes Season tix holder. Fans in The Valley of the Sun, has to realistic about it.
The right to reactivate was exclusive to Alex Murrello. Any new ownership group will have to build an arena prior to getting a team. Then wait and compete with every other market that's interested.
Yep, the moment Mereulo waived the white flag and walked away, the Arizona Coyotes are officially dissolved. They cannot be reactivated. It’s now a defunct franchise based on my understanding of the process. It’s basically the California Golden Seals and the Original Ottawa Senators all over again. The next time hockey returns to Arizona, it’ll likely be a clean slate. New name, new brand, new identity, new everything.
That is correct. Bettman was clear in the press conference that Meruelo could not resale what was sold to him. Therefore, after the first checkpoint that Meruelo fails to meet the objective to reinstate the Coyotes, the coyotes will be dissolved
If you factor in construction time (for someone who doesn’t want to pay the extra cost to accelerate the timeline), government approval, time to add utilities to an empty parcel, time to deal with inevitable lawsuits, and time to find partners to scam in order to actually make money from the project, yeah, five years is kind of short. That’s mostly why buying land at the only discount Meruelo would see for two years was THE key to the whole project.
I think it's more than that. He has been met with resistance at every avenue and now he is a punching bag for us all so hes wildly unpopular. As much as i wanted him to prove us wrong and make it happen i cant blame him for leaving. I think we should give him some grace. He effed up but so did everybody - the state and us fans too.
Anyone with have an ounce of business sense, knew it was all BS. The NHL did what they needed to do in order to get him out of the mix. Once the deal was done, there was zero expectation that he would ever return.
@@tracymoon4437 your right this guy was a mess. If a owner owed money to the city of Glendale & someone in the front office said it was paid off & wasn't that person should be fired immediately & get that bill paid off. We all know he will not get a new arena site in 5 years, Bettman knows & other owners know. This team was the original Winnipeg Jets & now they are gone & is a expansion team.
@@bendietreesWhen 1 percenter welfare queens want taxpayers to foot the bill for their vanity projects, they should be met with resistance at every turn.
Every owner of the Coyotes, since they arrived in Phoenix, has been sketchy. They are trying to force a sport, that, will not have support, UNLESS they come out of the gate, winning, like Vegas. Zero reason for the NHL to treat a future team in Arizona, like they did with Vegas. It has to be an owner, who has a solid genuine vision with a hockey mind, to make this work. Enough of this half stepping ownership types.
When the Scottsdale mayor trashed the most recent Coyotes efforts for an arena site, you knew it was over. Wealthy Scottsdale people probably pushed the state to cancel the land auction.
That is interesting. Especially, since, it's the big money that constantly complained, that traveling to Phoenix then Glendale, was too far for them. Scottsdale & Fountain Hills, wanted the Coyotes. They should have foot the whole bill. I had to drive across town too to go to games, and I , by no means, are in that class bracket of Scottsdale & Fountain Hills big money who wants the Coyotes.
@@drewstar412 Um, wait. If Scottsdale wanted the Coyotes, they’d have them. Wanting them would mean finding inexpensive well-located arena land. Perhaps partly paying for the arena. As if Scottsdale didn’t already reject Steve Ellman decades ago.
Its over arizona the team is dead. Your going to have to compete for an expansion team like every other city that wants a team. You arent going to win that bid as you had your chance and failed. Welcome to the wishful thinking group of Atlanta, Quebec, and Hartford.
This is peak Merullo incompetence. First it was being kicked out of Glendale for non-payment of rent. Then, not paying hotel bills this past season. IIRC, Merullo had no idea that he was supposed to apply for special permits that led to the cancellation of the land auction. The Marines have a word for Alex Merullo-Cluster Fuck. The Coyotes did not fail because of the market. Awful ownership was a major factor.
It's not incompetence. It's the only business decision that makes sense. He got five times what that team was worth. He was never going to reactivate. It's better that he just came out and said it now instead of stringing it along for another 3 years.
I think the ASLD didn't believe Meruelo would've been able to fulfill his promise to finance and build the district project he proposed, so it wanted to buy more time to get another qualified bidder to build another development on that site and used the lack of the appropriate permitting as an excuse to delay the auction. Another possibility: Meruelo got cold feet re. building that district after he sold the team, so he didn't bother initiating the permitting so he'd have an excuse to bail.
In April, Alex Meruelo sold for $1 billion the hockey operations that in March were worth $500 million. Somebody made off like a bandit. New ownership has one major advantage over Meruelo in securing an arena deal for the team: no burned bridges in Glendale. The arena in Glendale isn’t perfect, but it’s an arena, and potential new team ownership isn’t Alex Meruelo.
The killing Meruelo made is unfortunate, but likely was intended as an incentive for him to take the money and run, thereby getting him out of the picture. The Glendale arena is not an option for hockey. It was a failed attempt to invest in the West Valley and a big factor in why the team went bankrupt. Season tix holders in Scottsdale/Tempe/Chandler do not want to drive 1.5 hours one way to see hockey games.
He always seemed to be more interested in all the stuff surrounding the stadium, all the hotels and other stuff. He didn't want the team unless he could own half a city along with it. Also, any tax he was talking about going to kids wasn't real if he had his way of making it into an amusement park or whatever, because he would have kept nearly all of the taxes
Unforunately that's where you make most of your money. But you won't have the surrounding stuff with a shit product from the anchor. kinda goes hand in hand.
Oh come on. Good riddance. This was not ever about an arena. This was not ever about the Coyotes. The Phoenix/AZ Coyotes have had a series of terrible owners who only wanted an "arena district / casino development". Muerelo is just the latest and most incompetent one. But he gets a Billion dollars to leave. So he's fine. Of course he's walking away. Maybe someone who just wants to operate an Arena and an NHL team will appear. But if I were an AZ NHL hockey fan, I would not want to hear the words "real estate development" again.
This should not be a surprise to anyone. He was given $1B, considerably more than what the franchise was worth, with no real incentive to build an arena. If he didn’t get it done, he keeps the $1B
@RJM1972 very fair points you make. I invite you to consider that he just doubled his money in only 4 years and was given a “walk away free” card. If he stayed to build an arena he would have no other revenue coming in for 5 years while also having to spend money on the arena. After all of that he might have broken even. Walking away was the better business decision.
Craig speculated that Meruelo will keep the Roadrunners in Tucson till the contract ends in three years. Then move them to Reno where they will continue to be a farm team for Utah. Meruelo really is the grim reaper for hockey in Arizona. I just hope we can finally get an owner who really wants a Hockey team and can build an arena in the east valley.
Virtually certain that Meruelo’s whole pivot point with the North Phoenix project was getting the land at a sub-market price. That plot is worth double the proposed auction price. By the way, if anyone’s inclined to check in on the Portland baseball proposal at the golf course, same deal, same lack of progress.
Unfortunately, the $1B came from the sale of the hockey operations staff and players to the Ryan Smith and family corporation (Utah). So once the Coyotes hockey product left to Utah, it was too late. He was going to keep his cash no matter what, and that’s the sickening part about it.
If he gives up, he gives up. If the state doesn't want them, that's their call and rightfully so. The lack of consistency and how this franchise was operated shows you that the State of Arizona didn't want them. The dream of Hockey in Arizona is now dead and it is time to move on. R.I.P. Coyotes!!!
Not even close. The Kachina design was an aberration and looked minor league. The howling Coyote logo and uniforms they wore beginning in 2003-04 with Sedona red and white colors and the AZ state shoulder patch were much better and they looked like a proper NHL team.
@@sjdrifter72 The howling coyote logo looked ok, kinda....but that logo ya don't like is the one that the fans by majority preferred....my guess is that it had a rather cultural appeal to it that after its absence, was reassessed and apparently welcomed back with much enthusiasm. In some ways the other coyote logo looked like he was coughing. Don't expect that one to ever return as the regular go-to logo.
Ideal way forward (IMO): - NHL buys Coyotes brand back from AM - New ownership group comes forward led by an AZ native and/or someone Yotes fans trust (named Doan, Tkachuk, or Bissonette perhaps?) - ownership group builds positive relationships with Valley metros and the remnants of Coyotes youth hockey programs while laying the groundwork for a new arena. - build new arena and secure expansion franchise - name new franchise the Arizona Phoenix 🔥 - secure rights to old Coyotes branding from NHL - bring back the kachina as a throwback jersey - win the Stanley Cup - everyone lives happily ever after
My feelings for this are strange. When the team first arrived in AZ, I absolutely hated them for leaving Winnipeg (where I had lived for a couple years), but found myself loving the look and logo of the Coyotes which softened my view. This was finally put to rest after the Thrashers became the new Jets and I was able to enjoy both clubs. I still remember the one evening watching a city council meeting that could have moved the team 12 years back when the Yotes "had the trucks packed" to head towards.... Portland??? (It was supposedly somewhere heading Northwest, Seattle and Vegas weren't ready at the time, and the Trailblazers arena would have been possible.) The reality is the fans in Phoenix, are getting a raw deal, Say what you will about about hockey in the desert, that team was there almost 3 decades, building a fan base, shaping the sport in that state. I'm not a huge proponent of further expansion, but A) they do deserve to have a team and, B) With VAN and SEA, having a team in Portland to double up the Cascadia Cup rivalry (MLS: Whitecaps, Sounders, Timbers) would be pretty sweet. I'm just concerned now for the Roadrunners. It would be easy for the leagues to have a clause that should Meruelo abandon the Yotes that he is forced to sell them as well (I'd assume the Smith Group would get first right at refusal) but I would hope they would stay to give AZ fans something.
Scrap this ridiculous “dormant” franchise situation. The Jets/Coyotes are in Utah now and they should have claim on all of the statistical history and Coyotes nickname and colors.
Alex Scamerulo isn’t permitted to re-sell the name and rights to the logos of an entity to be known as ‘the Arizona Coyotes’, by specific agreement with the NHL. Gary Bettman and Bill Daly are far from stupid people: they obviously saw the city, and the state, wanted nothing to do with this guy and anticipated a move like this cancellation was likely to happen. I think the hockey ops was kind of forced on Ryan Smith with the ‘you want a team this is your only chance, take it’ arm twisting. Anyone who thought this was going to end any more positively was delusional, period.
Bettman is so hellbent on the Coyotes staying in Arizona, he'll never acknowledge ever saying those words. There's no doubt he'll try to bribe some wealthy sucker to help bring the team back.
What fans? there were so few of them. The majority of hockey fans in The Valley supported other teams. The Coyotes never had a sold fanbase or team ownership.
PHX will never see another hockey team unless an arena is built or being built FIRST, but even then they will have to stand in line with every other possible city and owner group who wants an expansion team. At least with Murello PHX was at the head of the line automatically
I think this is a good thing. It may not seem like it right now, but I think long-term the NHL is very happy that he’s walking away. Great video as well.
This is good for Arizona hockey. Bringing the NHL back is now a long-term project that will require a competent owner with the money and ability to get a building done. I am reminded of how for years up here in Seattle there was an owner trying to build a new arena for bringing back the Sonics. He had the support of the entire fanbase but not city and local leaders, and between that and a couple missteps, could not get it done politically. It was voted down in 2016 and everyone mostly thought that was the end. A year later, the Leiwekes and OVG came up with the KeyArena rebuild, knew how to work effectively with city leaders and the community, got out ahead of roadblocks proactively, had tons of money, and the NHL arena was approved in relatively short order (NBA is next on their radar). There's always hope, as unlikely as it may seem now.
You're gonna be waiting a long time. The Coyotes have been a black eye for the NHL and it's a good thing they're gone. The players and staff deserved better and they're in good hands in Utah with stable ownership and playing in an environment better suited for NHL hockey than it ever was in The Valley.
It’s been a revolving door of owners trying for a better arena for 25 years. Maybe something in the water in Arizona, but at every turn there has been shady ownership, and misgivings from various councils.
A billion dollars, or continued headaches in Arizona..... pretty easy choice. They clearly stated the deal isn't transferable and even limited the amount of partnership he could obtain. It was setup to fail
I'm not the one to defend an owner that gets salty when something doesn't go their way, but in this instance I feel he was justified to be upset. 1) The idea you have to get zoning permits for a parcel of land you don't own, but want to buy, shouldn't be on the interested buyer, it should be on the seller. 2) They had ampul time to ask for this requirement months in advance of the auction, but waited until a week before to say "Nope, we don't have this thing we forgot to ask you to get, so we gotta cancel the auction. I honestly can't fault him for being done.
not really true it just has to be done correctly. NYCFC is financing their entire stadium out of pocket, the public funding is only going towards revitalizing the area surrounding the stadium. They’re building affordable housing, a new school, a new library, a bunch of green spaces, etc. all around where the new stadium is being built. There’s a way to make both parties happy.
@@Fatblue246I’m not familiar with nycfc, but if they are spending three or four billion dollars on an arena for a team I’ve never heard of, I tip my hat to them.
Not true. Robert Kraft built the Patriots stadium out of his own pocket. He is planning to build a soccer stadium outside Boston again with his own money. Robert Kraft learned that Massachusetts can and will tell him to go pound sand if he wants public money.
@@ahoneymanKraft negotiated with Boston, Connecticut and Rhode Island for years trying to get a taxpayer funded stadium. He eventually paid in the neighborhood of three hundred million dollars to build a stadium outside Boston. Football, unlike other major league sports are consistent profit generators, and can successfully exist outside of city centers. If an NHL owner wanted to build an arena in, say, Queen Creek or Florence, that approval would be pretty easy to accomplish.
Good Riddance. Now return the history and records of the original Winnipeg Jets to the current Jets franchise. It's ridiculous Gary Bettman wouldn't give Winnipeg their history back. Now's the time.
@@SaintNormRIPAlways was a fan of OEL. Played hard for nothing in Arizona, never treated well in Vancouver, signs as a free agent in Florida and now has his name on the greatest trophy in sports.
Same. I feel a real affinity for the Cats and they just proved to everyone that hockey can succeed in an unconventional market. It felt like a small win for the Yotes too.
I agree with your ethical point of view, but he did make a business deal, and he can now sell the rights, as well. If there’s any silver lining, this is not the kind of guy you want owning your sports franchise.
This was always a make profit first acquisition for Alex. Sometimes the payout on certain investments is a game of patience. Given his track record on the acquisition and being so cheap when it came down to paying rent, obtaining certain permits, letting things lapse is a testament to him not wanting to put in any more than he had to.
If Arizona ever does get an expansion team down the road, they should use a different name than Coyotes. There’s now so much baggage with that name that a clean slate might be best for all.
@@katemoo9581 Returning the history, records and stats to the current Jets makes perfect sense. Putting an NHL team back in both Atlanta and Arizona does not.
I find it interesting that in this process he probably wasn’t allowed to move the Coyotes in order to be granted the expansion or “re-activation” from the NHL. Of course I’m sure the NHL would prefer them to stay in PHX. But it’s interesting since there are at least a handful of markets looking for an NHL team, ready with an arena. Hasn’t Kansas City been trying forever? And I know here in San Diego Stan Kroenke has taken over the arena development in hopes of getting an NHL franchise here. I think it’s easy to see the NHL may have grown tired of Muruelo and ultimately took the opportunity to put someone else in charge elsewhere. I’d also assume there was probably a hunch he just takes the money and runs but I don’t think they cared anymore. He was becoming such a joke of an owner with fake attempts to get an arena built.
Tempe is landlocked, that's never going to work. Glendale is way too far, and while better areas, that's probably the same problem that would plague Gilbert or Queen Creek and likely even Scottsdale. I'm just not sure where they'd put one besides where it was back in the 90's. Sharing an arena again with the Suns might be the only way to work it.
As a Canucks fan I don’t have much to say but I will give coyotes there flowers and I truly think Arizona is a hockey place come at me if you wan to I will miss Arizona coyotes and I think negativity she be muted at this time it is truly a sad moment for the hockey world again come at me if you want
The deal to reactivate the coyotes was specific to Alex Muerello meaning it is not transferable. So now Arizona is in the same boat as anyone else that wants an NHL team. This was all very clear when they announced this deal. I feel bad for the fans whom are the ones that are affected the most
And the Arizona Coyotes as we know it are officially dead. They’re a defunct franchise, they cannot be reactivated since that was only given to Alex Mereulo (thank god it never came close to happening). Even if they keep the exact team name and brand, it’ll be an expansion franchise and likely a start over. But I highly doubt the Coyotes will ever return due to the damaged reputation and horrible on-ice product for most of those 28 years.
Alex Meruelo has no judgment. We knew the auction was canceled. He knew the Panthers had just won the Stanley Cup, and he makes this announcement an hour later? He could have announced this after Free Agency opened, and it wouldn't have made any difference. Location of an NHL franchise is not near as important as good ownership. Alex Muerelo was not a good owner. I hope the Arizona fans can get a new owner and get a new team, I'd also like to see teams back in Quebec and Hartford; losing teams is devastating for fans, and it all comes down to ownership.
@@jbjstyx because Alex wanted his One Shining Moment of Self-Absorbed attention. Everything is about him and everything he claims he does is for the greater good…in my language, he was full of rat 💩
it's all money driven. They couldn't care less if the team develops a large following which it never did. The majority of people at Coyotes games rooted for the opponent rather than the home team. It's was no different than Chargers games at SoFi Stadium in Inglewood.
The Phoenix market is not important to hockey. It's not a hockey town. They've had the same chanve to build a fantasy that the lightning and panthers had and both of those teams are now entrenched in their market. Fans go to see the lightning play here. Most people aren't going to see the opponent. That's the opposite of Arizona.
The odd part here is that ASLD is basically intimating the “applicant”, AKA Meruelo, is the winner or the only interested party entering the auction. Something stinks!
So the Arizona land dept waited until a couple days before the auction to use a trick. They made everyone play along until rugged pulled from under / sleazy as they if so could have revealed this long ago and spared us the game they play in my opinion.
If the current Coyotes ownership group isn't going to do what they need to do to reactivate the franchise, then I think the name, everything associated with the name, and the history of the franchise should revert to Utah. Even if they decide not to use the name, logo, colors, and mascot, the history of the franchise should live on. In my opinion.
Why do I keep getting these Arizona Coyotes stories in my feed. Is time going backwards? I swear I've heard this exact same stuff year after year for over a decade... and I thought they had moved to Utah. It's all so nauseating
Doesn't sound like an auction at all. It was a land sale to Meruelo. IMO, if it were a land auction there would be multiple bidders, but saying permits need to be in place makes it a sale. If there were multiple bidders, there is no way they could cancel the auction. Logically, you buy the land THEN get the permits and zoning taken care of based on what you want to build. This stinks to high heavens!
and auction is an auction. don't matter if its 1 bidder or 100. you put something up on auction and if only 1 bids then they win. while Meruelo is a pos this actually to me stinks of government bullshit. aka someone greased the right palm and with that all of a sudden special permits were needed for pos to actually bid and asld cancels auction. where it should have been pos buys land at auction then the city says you can build this on it but not that which can takes years of back and forth. and the winner has 2 choices build what they can or sell the land. So everyone should watch that land like a hawk and see who/what ends up with it, if all of a sudden a new "auction" happens then you can bet who wins that auction greased a palm to get the former auction canceled for "reasons" or "someone" in gov told asld to cancel it cause they don't want the yotes around.
It was for the best to Alex Murelo out. He completely ran the team into the ground and at same time screwing over the fanbase with empty promises. I really hope that someone else will buy the Coyotes and knows what they're doing build the trust to the community.
As a long time Coyotes fan now Utah. I was hoping the coyotes would come back. But now I have no hope on their return to the league. Nobody is gonna step up and take over the ownership of an inactive team having to start from scratch and get an arena built. I remember when Muruelo bought the team the high hopes having an owner finally seemed over. Not at all in reality. It’s over now for good. Hope I’m wrong but not gonna be hopefully.
This is what Meruelo wanted all along. Took his billion and went home, with a middle finger to the fans, and the Coyote employees that were given a paltry severance
What has Arizona ever done to deserve being jerked around like this? Is there any chance that another owner can come in and have an expansion team or was that sort of a bluff from the NHL that they didn't ever expect to fulfill?
Forget the asld and the mayor of Scottsdale 😡 they keep on and on and on turning meurelo down at every turn when he is trying to do something great for arizona and hockey in the desert. I dont know if they are being bought off or what but it is very disappointing that they have been constantly fighting this from happening
Perhaps if a new ownership group without the baggage that Meruelo had could get a team to at least play in Glendale as a temporary home while a new arena is being built in the East Valley or Phoenix (perhaps replacing the Coliseum at the State Fairgrounds). The question is, whether there is actually a group with the financial ability in Phoenix to pull this off. All of the Fortune 500 companies that once called Arizona home have been bought up and moved to other cities over the years, and the only people with money are (like Meruelo) real estate guys who made their fortunes using Other People's Money. (Or are cheap SOB's like Kendrick, the Bidwills or John Fisher.)
This has been a 15 year never-ending saga of ownership drama in the desert, I don't think that they're going to get a team back, at least not for quite a while.
@@MarkB33313it wasn’t that bad for all 28….it started with Steve Ellman/Wayne Gretzky, which was when they moved to Glendale and the rest became history. So that’s 21 years of complete crap.
@@samuelfrick3475 it is 28 years total of a mess of history the whole time they been there. Every year or 2 there was issues, and even back in the says you mention, the NHL was loaning them money to stay afloat.
@@MarkB33313 Well, yes, financially the Coyotes were never profitable. So by that logic, you would be correct. But it certainly got worst over the last 15 years. I thought for sure they would have been gone in 2011, but Atlanta happened……. I never saw a clown show of a hockey franchise quite like this one. Easily the most mismanaged franchise I’ve ever seen. It’s sad because it did give us Auston Matthews and growth of hockey prospects in the Valley….
Unfortunately this means if they came back it would be a new expansion team by the rules that the current owner couldnt sell the team while trying to get the team reinstated. Rip original winnepeg jets and arizona coyotes its unfortunate that like the thrashers poor ownership was your downfall as well. Both teams didnt deserve this.
Nobody on earth will pay a billion+ for a new arena and another billion+ for an expansion fee in a failed market like Phoenix. That is an extremely expensive gamble. FYI ... the NHL owns all trademarks and names of teams that cease to exist in the league and have proved to be willing to release those to new ownership groups, as we saw in Winnipeg, when the Winnipeg Jets 2.0 announced their team name and logos, both current and past.
To clarify about the Arizona Coyotes regarding the reactivation process, and this is just based on my understanding of the details. Since only Alex Mereulo was granted the right to “reactivate” the franchise, no other owner including the NHL can legally do it. Therefore, the Arizona Coyotes, who already lost the on-ice product to Utah, are now legally a defunct franchise. The next time hockey returns to the Valley-if ever and I hope it does come back but who knows-it’ll be a traditional expansion team with a new franchise. No matter if the Coyotes brand ever returns or not.
@@jeandelisi9441 unfortunately regarding the Coyotes brand, Utah is 100% going to assume a new identity for Year 2. They already have a naming contest going on for their new name, and Coyotes did not make the cut. So as much as I would like to see the kachina return full time, I think we have seen the last of that brand.
@@jeandelisi9441 regarding a future hockey team in Arizona, I do think they’ll move away from the Coyotes brand as well. Too much of a damaged reputation to take that identity anymore.
I had a feeling he would pull out, I want the desert dogs 🐕 but they def need a strong and driven ownership group. Someone that the community respects and trust look what they got going on in Utah and they haven’t played a game. That’s support. With this I feel the yotes have a better chance to survive on and hopefully return sooner than 5 years ugh. P.s. 3 day countdown to draft day let’s CELEbrate
Not to mention, what happens to the history of the team if it doesn't get done? Not even just the Coyotes, but the history of the original Jets are tied to this team as well.
That history left with the team. Think of the Browns, Ravens, Colts. The new Browns only have a history back to the 90's When (Man I hope it's when) we get a hockey team, it will be OUR team, not a retread from Canada (no offense).
The new Cleveland Browns retained the history and records of the original team. They just have a gap in the record books, with several seasons of no stats.
@@Iliketoboard If the Coyotes are reinstated, it will still be the original Jets. So the history of both teams (not like they have a whole lot) I hope they do get reinstated for Arizona hockey fans.
Canceling the auction a week before the scheduled date is bush league. Arizona doesn't want the NHL. No arena, no NHL. That's how the economics work in hockey. Look at Winnipeg and Quebec City. Even in hockey-mad Canada, they lost teams because there was no arena deal. #NoArenaNoNHL
The NHL let the coyotes fail. If they had just pulled an Edmonton and made the coyotes (who have been historically bad) a couple of great picks, things would have been better.
Pop the champagne, now the NHL can return to Phoenix, eventually. It was starting to be obvious no one really wanted this guy to be the one to be leading this. Since he gave up, the rights revert back to the NHL, right? I always thought that was a sweetheart deal to tempt him to just him go away. Gary is not a dumb man.
Arizona will ALWAYS be home. But, sports wise, this state is a joke. Yes, I am including the D-Backs, Suns and Cardinals. The fanbase is luke warm, the ownership of each team is mediocre and the marketing is subpar. Oh well.
Eh the Coyotes have had so many chances and kicks in the balls that it's best for the city and the NHL to just part for a while. Let a new group come in, in like 5 years. Let the NHL build in SLC and then they can finally have a team in Houston and KC since they have an arena and no team
I'm glad he's gone! What a shit show it was with him at the helm. Yes, there are hockey fans in the greater Phoenix area, but the damage has been done, and it's unrepairable. There have been too many DUD owners throughout the Coyotes history. What's to say the next potential owner is a DUD as well? I don't think the local politicians will be so welcoming to the NHL again. I also don't think there will be another NHL caliber arena allowed to built in the greater Phoenix area again. I'll always maintain that what really killed the franchise was when they initially moved into America West Arena back in 1996. An arena that was built for basketball only. Had it been able to properly fit a rink inside, like what we see with other multiuse arenas, the franchise situation would be a lot brighter today.
Of course hes done. He got a billion dollars for a team that is realistically worth 200 million tops. The st louis blues sold for 140 ten years ago. The actual vaue of teams hasnt gone up for than 10x. The guys that bought teams in the billions will lose money in the kobg term. TV rights are going to go away. The values will plummet when that happens. This is the only business decision that makes sense for him.
Mereulo's '5 year plan' didn't even last 5 months!! He took the money and ran away from this tire fire as soon as he could!! Houston should be the next expansion team in the west and NOT Phoenix / Arizona. Houston Coyotes sounds ok to me.
it is a WIN for Meurello. He was dick and he never ever want to build Arena or anything in Arizona. He want relocation, so he ruined it and hoped that they will let him relocate. Instead they let him bled money through that small arena... He bought Coyotes for less than expansion fee and sell for a BILION dollars more... I hoped that Garry and NHL will not let it happen. They should let him bleed even more money and/or sell it back to NHL for the same price.. Price was right? right, so You ruined it. You will never make profit out of it... This is now a pattern how to ruin small market teams and relocate them...
