Arizona Coyotes owner Alex Meruelo’s attempt to purchase land for new arena put on hold
An auction for a tract of land where Arizona Coyotes owner Alex Meruelo had hoped to build a new arena has been cancelled.
“We understand the delay in an auction is a disappointment for our applicant and members of the public, but the change in timing is the prudent decision for the Trust,” ASLD said in a statement. “ASLD remains open to working with our applicant to bring the land forward to auction in the future if a special use permit is received.”
The Smiths moved the franchise to Salt Lake City, renaming it the Utah Hockey Club. Meruelo retained the Coyotes’ name, logo and trademark with plans to resurrect the team as an expansion franchise if a new arena is built within five years.
The team shared a downtown Phoenix arena with the NBA’s Phoenix Suns before moving to Glendale in 2003. When the city of Glendale backed out of a long-term lease agreement, the Coyotes moved across town to play at Arizona State University’s Mullett Arena in 2022.
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