Coyotes to stay for at least 2 more years under new deal
The Coyotes announced Bunting’s ELC on Thursday afternoon, just hours after news broke that the Pacific Division club had come to an agreement with the City of Glendale to keep them safe at Gila River Arena for another two seasons.
With a series of votes, the Glendale City Council unanimously gave the go-ahead to a revised management and lease agreement for the team to play at its city-owned arena through June 30, 2017.
The new agreement requires IceArizona to terminate Tindall and not employ Frisoni.
A judge granted the Coyotes’ request for a temporary restraining order two days later.
That said, LeBlanc admitted he does not know where the team will be playing three years from now, though he said his gut feeling is they will continue to stay in Glendale now that cooler heads seem to have prevailed. “This is a decision that benefits the entire city, the Coyotes, the Coyotes fans, which have proven they are very vocal. That’s important for business and it’s important to our citizens”.
It’s great that the two sides were able to come together and compromise, but there is something that will undoubtedly be the topic of conversation among Coyotes fans and our friends to the north in Canada; the two year length. The council cited an Arizona statute that allows a government entity to end an agreement if a person who worked on the deal later represents the other party.
This was the essential conclusion the city of Glendale and the Coyotes reached Thursday as part of an out-of-court settlement. The Arizona Coyotes and the city of Glendale have agreed to amend an existing lease agreement, which could end an ongoing legal battle between the two sides that raised questions about the team’s long-term future in Glendale. Semin, who signed a five-year, $35 million deal during the lockout-shortened 2013 season with the Carolina Hurricanes, was bought out earlier this month.
The team’s stance changed with the start of the NHL’s free agency period.
If the Coyotes and the Suns want to enter into some sort of partnership, “that’s welcomed”, he added.
“The real crystalizing moment for us was the day that we signed Mikkel Boedker and he would only go as far as a one year deal” He said.
“The important thing is now to make sure that our relationship, especially with the mayor and the council and the city going forward, is again on solid ground”. “This isn’t about saving face from either my perspective or the Coyotes perspective”. But he said he likes taking this chance and believes it could be a better deal for the team in the long run. This is something he’s done since before IceArizona purchased the Coyotes from the National Hockey League.
Anthony LeBlanc, the Coyotes’ co-owner, president and chief executive, told the council that team officials had to compromise because the conflict was hurting its chances of acquiring players.