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Originally Posted by Resolute 14
15 year deal that paid $15 million per year. They just finished year two.
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They don't pay the full $15M though as the Coyotes paid the city about $6.5M.
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The city was then to receive a portion of the revenue generated from the arena's operation. The Coyotes paid the city about $6.5 million last season, meaning the city's net loss on the arena was about $8.5 million.
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