Arizona Coyotes owner Alex 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.
An auction for a tract of land where Arizona Coyotes owner Alex Meruelo had hoped to build a new arena has been cancelled.Arizona Coyotes owner Alex 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. 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.
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