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Coyotes get new lease on life, provided sale of team closes in next two months

It appears the drawn-out saga of whether the Coyotes will remain in Phoenix is over. They're set to settle in.

(Brief pause while I exhale and celebrate. YEE HAW! Summit of Camelback Mountain and The Mission restaurant, here I come -- again!)

City officials in Glendale, Ariz., approved a new 20-year, $320 million lease for potential Coyotes owner Greg Jamison on Tuesday night. Jamison and his unnamed investors must purchase the team by Jan. 31 in order to formalize the lease, and he said he hopes to complete the sale in a month or so. The NHL took over the team in 2009.

"I think when done right a professional team is a strong addition to the fabric of life of any community - Glendale included,” Jamison said.

The lease passed by a vote of 4-2, with the dissenters saying the cash-strapped community can't afford to give a struggling hockey team $320 million. But the plan's supporters said Jobing.com Arena and its surrounding entertainment district need an anchor tenant to survive. The new deal also reduces payments to the Coyotes in its early years to benefit the city.

---John Vogl

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John Vogl

John Vogl

John Vogl has been covering the Sabres since 2002-03, an era that has included playoff runs, last-place finishes and three ownership changes. The award-winning writer is the Buffalo chapter chairman for the Professional Hockey Writers’ Association.

@BuffNewsVogl | jvogl@buffnews.com

About Sabres Edge


Mike Harrington

Mike Harrington

Mike Harrington, a Canisius College graduate who began his career as a News reporter in 1987, has been covering the Buffalo Sabres since 2007. He is a member of the Professional Hockey Writers' Association and can vouch that exposed flesh freezes instantly when walking in downtown Winnipeg in January.

@BNHarrington | mharrington@buffnews.com


Amy Moritz

Amy Moritz

Amy Moritz, a native of Lockport, has a bachelor’s degree in journalism/mass communication from St. Bonaventure University and a master’s degree in humanities from the University at Buffalo. An endurance athlete, she has completed several triathlons, half marathons and marathons.

@amymoritz | amoritz@buffnews.com

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