If some guy from the West Coast has $175 million to flush down the toilet now - and another $300-odd million to do likewise with over the next seven years - then more power to him.
The Phoenix Coyotes are a moribund franchise and will continue to be as long as the team is in Glendale. Doesn't matter how rich the owner is, doesn't matter which players choose to sign there - nobody cares, has ever cared, or will ever care about the Coyotes in Phoenix. The franchise quite simply should never have been allowed to move there, and the fact that it did speaks volumes about the so-called "due diligence" that the NHL supposedly does when looking to admit new owners and locales.
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