PHOENIX (AP) — NHL Commissioner Gary Bettman sat next to the former Arizona Coyotes owner in a downtown Phoenix hotel meeting room, trying to put a positive spin on the funeral for a franchise.
PHOENIX — NHL Commissioner Gary Bettman sat next to the former Arizona Coyotes owner in a downtown Phoenix hotel meeting room, trying to put a positive spin on the funeral for a franchise.
His hand forced by self-inflicted and out-of-his-control circumstances, Alex Meruelo sold the Coyotes to the Smith Entertainment Group on Thursday, a deal approved unanimously by the NHL Board of Governors. The $1.2 billion deal gives SEG owner Ryan Smith control of the franchise's hockey operations, while Meruelo will keep the name and maintain business operations as he tries to build a long-awaited new hockey arena in Arizona.
The yet-to-be-named team will already have a solid foundation in place, one poured by Coyotes general manager Bill Armstrong through an aggressive rebuild started three years ago. The team has a talented core, players like Clayton Keller, Logan Cooley and Dylan Guenther, pushing to get the franchise back to the playoffs — outside of the 2020 pandemic bubble — for the first time since the 2012 Western Conference Finals.
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