![]() Relocation is a notion more than a practical solution. “We decided we weren’t going to wait until the kids were out of high school to get the divorce,” he added. He said that the Coyotes are current on their bills through December but will owe about $4 million by the end of June. and the team, in particular, know that when I say that they don’t think that I am bluffing.” ![]() “We will not hesitate using every mechanism and tool that we have if they are not meeting their end of the obligation. “We’re going to continue to work hard to protect the interests of our taxpayers,” Phelps said. Phelps says the relationship between the team and the city is over when its lease expires on June 30, 2022. Glendale, a suburb of Phoenix, has made it clear since August that it is tired of wrangling over unpaid bills. ![]() The Coyotes will be without a home at the end of this season with no alternative in sight. However, the N.H.L.’s most persistent headache and, at $400 million, the least valuable of its 32 franchises, faces even bigger problems. 9, the morning after the Coyotes received a letter from the city manager Kevin Phelps, the team released a statement blaming the unpaid bills on “human error.” 20.Īhead of the deadline, but not before the Arizona Department of Revenue put a tax lien against the Coyotes’ parent company, IceArizona Hockey L.L.C., Meruelo paid $1.3 million to state officials and ASM Global, the company that manages Gila River Arena for the city. The City of Glendale, which was owed about $250,000 in taxes, had told Xavier Gutierrez, the Coyotes’ chief executive and president, that it would cancel the team’s business license if the total amount was not paid by Dec. Glendale, Ariz., threatened to lock the team out of Gila River Arena in the middle of its season because Alex Meruelo, the team owner, owed $1.3 million in unpaid state and city taxes and arena operating costs from last season. This month, the Coyotes may have reached a nadir. The team has long struggled to draw fans to its suburban rink, and it has never contended for the Stanley Cup, despite putting Wayne Gretzky, hockey’s “GOAT,” behind the bench for four seasons. Over the last 26 seasons, the Arizona Coyotes have at times been bankrupt, ownerless, a ward of the N.H.L., the subject of relocation rumors, and, more recently, in a prickly relationship with the owners of their home arena.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |