Current:Home > MarketsCoyotes say they’ve executed a letter of intent to buy land for a potential arena in Mesa, Arizona -Insightful Finance Hub
Coyotes say they’ve executed a letter of intent to buy land for a potential arena in Mesa, Arizona
View
Date:2025-04-14 14:44:56
SCOTTSDALE, Ariz. (AP) — The Coyotes said Wednesday that owner Alex Meruelo has executed a letter of intent to buy a piece of land for a potential arena in Mesa, Arizona.
The move comes months after voters in Tempe rejected a referendum to construct an arena there for the NHL club. The Coyotes say they remain committed to building a privately funded rink and entertainment district and continue to explore other potential sites in the Phoenix area.
“We appreciate the tremendous support that we have received from many communities, elected officials and community leaders who have expressed their desire to see the Coyotes remain in the Valley permanently,” the team said in a statement. “We would also like to thank NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly for their steadfast support of the club’s efforts to find a permanent arena solution and for their recognition that Arizona is a tremendous hockey market.”
The Coyotes are going into their second season at 5,000-seat Mullett Arena on the campus of Arizona State University. New NHL Players’ Association executive director Marty Walsh has raised concerns about the situation there and said the union would like the team to figure out a sustainable long-term solution.
___
AP NHL: https://apnews.com/hub/NHL
veryGood! (9)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Revisiting 2024 PCCAs Host Shania Twain’s Evolution That Will Impress You Very Much
- Opinion: Pac-12 revival deserves nickname worthy of cheap sunglasses
- Julie Chrisley's 7-year prison sentence upheld as she loses bid for reduced time
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Shohei Ohtani 50/50 home run ball headed to auction. How much will it be sold for?
- The Latest: Harris and Trump offer competing visions for the economy
- No forgiveness: Family of Oklahoma man gunned down rejects death row inmate's pleas
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Napheesa Collier matches WNBA scoring record as Lynx knock out Diana Taurasi and the Mercury
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Home cookin': Diners skipping restaurants and making more meals at home as inflation trend inverts
- Sen. Raphael Warnock is working on children’s book inspired by the story of Jesus feeding the 5,000
- Erradicar el riesgo: el reto de Cicero para construir un parque inclusivo que sea seguro
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Biden wants to make active shooter drills in schools less traumatic for students
- The number of Americans filing for jobless aid falls to lowest level in 4 months
- Kane Brown's Most Adorable Dad Moments Are Guaranteed to Make Your Heart Sing
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Watch a toddler's pets get up close and snuggly during nap time
Opinion: Who is Vince McMahon? He can't hide true self in 'Mr. McMahon' Netflix series
Opinion: Who is Vince McMahon? He can't hide true self in 'Mr. McMahon' Netflix series
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
NYC Mayor Eric Adams Charged With Conspiracy to Commit Wire Fraud and Bribery
Sean “Diddy” Combs’ Attorney Says He’s “Very Eager” to Testify in Upcoming Trial
Malik Nabers is carrying Giants with his record rookie pace, and bigger spotlight awaits