[News] Alex Meruelo finally gives up.

[memphusk]

Wasn't this exactly what was going to happen? He got paid, things fell through. He walks away richer than he started.

[DoubleK]

Good. Here's hoping they waive the 5 year window and the league can fastrack a real owner to bring hockey back to Phoenix.

[DoubleK]

I'm going to laugh if Utah moves back to Arizona.

[topfiverecords]

He walked away from what? A bag of pucks and used Coyote jerseys?

[TheScorpion]

Originally Posted by topfiverecords

He walked away from what? A bag of pucks and used Coyote jerseys?

Walked away from his exclusive five-year window to reactivate the franchise. As a result, he'll get his billion bucks

[Jay Random]

Originally Posted by topfiverecords

He walked away from what? A bag of pucks and used Coyote jerseys?

And the right to give all his money back to the league for an expansion team. Mustn't forget that part.

[bizaro86]

I'd be willing to trade public ridicule and the ire of a city of hockey fans for one billion dollars.

[SutterBrother]

Originally Posted by bizaro86

I'd be willing to trade public ridicule and the ire of a city of hockey fans for one billion dollars.

More like a school bus full of hockey fans.

[Goriders]

Think that was the end goal of the mayors in the area by sewering the sale of the potential arena bid. He screwed them over one too many times. This was their horse head in the bed.

The guy was one of the biggest idiots in league history. Tarnished their image.

[Erick Estrada]

Originally Posted by Goriders

Think that was the end goal of the mayors in the area by sewering the sale of the potential arena bid. He screwed them over one too many times. This was their horse head in the bed.

The guy was one of the biggest idiots in league history. Tarnished their image.

Nice to see a rich man that doesn't like to pay his bills receive some retribution. Why would any city want to do business with this guy fully knowing that he's not going to live up to his end of the bargain?

[Lanny_McDonald]

Big whoop. This means nothing to hockey in Phoenix. The Coyotes won't be viable until a new building is completed that can house an NHL team and the city will not support it until the stink of the road kill fades away. Getting the building completed will be the easy part. Erasing the legacy of the Coyotes will take two decades or more, if support can ever be reestablished after the debacle that was the Coyotes. It's great seeing this guy out on his ear but nothing really changes in relation to the conditions preventing hockey being viable in Phoenix.