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Originally Posted by Ped
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Just about to post the same thing. Rumours are out that the Coyotes have feelers out for a potential sale.
https://www.prohockeyrumors.com/2024...al-buyers.html
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According to Arizona Sports’ John Gambadoro, Coyotes owner Alex Meruelo has contacted multiple parties, including groups inside and outside the state, to gauge their interest in buying the franchise. He’s seeking an asking price of $1B, $50MM more than the Senators sold for when Michael Andlauer purchased the club last summer.
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Also, I found this interesting:
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Unfortunately, Arizona state law dictates that the land auction could occur as late as 240 days after the city’s board of appeals approved the sale, which occurred on March 14. That could punt the Coyotes’ certainty on landing the plot into next season, as late as November 9. That’s a tough pill to swallow for the league, facing mounting pressure from NHLPA executive director Marty Walsh to provide a suitable major league environment for Coyotes players. The auction won’t happen until mid-June at the absolute earliest, as state law also rules that “there must be an auction advertisement in print media for a minimum of 10 weeks before the auction.” That has yet to occur.
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I don't sense that there is much urgency from the different levels of government to move the process ahead.