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More developments emerge in the Coyotes relocation

Published April 10, 2024 at 7:21 PM
By: AARON ITOVITCH
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Aaron Itovitch
April 10, 2024  (7:21 PM)
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There are numerous developments concerning the situation surrounding the Coyotes today, and everything suggests that the team's future might not be in Arizona.

Indeed, we learned earlier this morning that the NHL was already creating a schedule involving a team in Salt Lake City, in the event that the American team had to be relocated during the off-season. Honestly, this is the first time I've witnessed such a situation, and it definitely shows how far the talks regarding the sale of the franchise have advanced.

Furthermore, according to recently shared information, the price of this famous transaction is already known. Indeed, according to current rumors, the Arizona Coyotes could be sold to Ryan Smith for an amount close to 1.2 billion dollars. For those who haven't followed the evolution of this story, Ryan Smith is the owner of the Utah Jazz in the NBA as well as Real Salt Lake in MLS, who wishes to bring an NHL team to Utah.

«There is a scenario in which the Coyotes would sell the club to Ryan Smith for 1.2 billion dollars. This would include the sale of the club, but also relocation fees that would go to the other league owners.» - Via Charles-Alexis Brisebois



Moreover, in addition to his numerous pieces of information, Frank Seravalli has just unveiled a major scoop, indicating that discussions regarding the Coyotes' move are currently underway and that an official agreement could be announced in the near future.

«BREAKING: Sources tell us that the Arizona Coyotes and Smith Entertain. Grp have made significant progress in a relocation agreement for the Coyotes to Salt Lake City, Utah.

NHL memo updated for governors today.

It's not settled yet. Many points to settle and many lawyers involved. A lot of work to do.» - Frank Seravalli

Wow! While this file has been put aside for many years by Gary Bettman, in just a few hours, everything seems to unravel and lead to a relocation of the Coyotes.

So, don't be surprised if the 2023-2024 season is indeed the organization's last in Arizona.

Obviously, a sale of this sort takes a lot of time as many details will need to be finalized, but everything indicates that Salt Lake City will make its entry into the NHL next season.

It's still sad to note that, once again, the Quebec Nordiques were not considered, even though the buyer's group has been ready to open their checkbook for about a decade.

Gone are the days when the Arizona Coyotes are the laughingstock of the NHL!

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More developments emerge in the Coyotes relocation

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