Coyotes closer to deal with Phoenix
PHOENIX — A person familiar with the negotiations says a “framework” is in place for a lease agreement that would keep the NHL’s Phoenix Coyotes in Arizona.
But while the person characterized the developments as positive, the Glendale City Council still must study the proposal and vote on it. The next council meeting is set for June 25 and the NHL Board of Governors meets two days later.
The NHL has been operating the franchise since buying it out of U.S. Bankruptcy Court in 2009.
The report of a framework agreement on a lease first was reported Friday by Fox Sports Arizona.
