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Settling Down In Phoenix
by Paul on 02/25/09 at 06:23 PM ET
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via Sportsnet,
Sources tell Sportsnet Gary Bettman and the city of Glendale have come to terms on an agreement that will see Glendale concede at least $15 million per year to the Phoenix Coyotes towards a new lease deal.
Sources also say principle owner Jerry Moyes has had three separate out of state groups show interest with one already making a formal offer.
A league source tells Sportsnet they hope to have a new ownership group finalized by the 2009 NHL entry draft in Montreal.
Filed in: NHL Teams, Phoenix Coyotes | KK Hockey | Permalink
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