Minor detail here...just because the City of Glendale is willing to waste another $25M, doesn't mean that the Coyotes are staying. The NHL still has to sell the team, and okay, maybe Glendale can pay for the losses, but how much longer does the NHL want to own this team?
And unless I am misunderstanding the article, the amount is not $25M, but $50M. $25M for this season, which Glendale supposedly thought they'd never have to actually pay, and another $25M for next season. Hell, with all the money they are wasting, why don't they just buy the team for $150M and be done with it? Haven't they already pledged/paid (including this/next season) close to $75M or $100M already?
I would not want to be a tax payer in Arizona right now.
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