Current:Home > ScamsArizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site -WealthRoots Academy
Arizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site
View
Date:2025-04-12 03:55:43
PHOENIX (AP) — The Arizona Coyotes have the green light to bid on a tract of land in north Phoenix in their yearslong bid to build a new arena.
The Arizona State Land Department Board of Appeals unanimously approved the $68.5 million appraisal of the 95 acres on Thursday. The decision sets the stage for the Arizona State Land Department to sell the land at auction with a starting price of $68.5 million. The next step is to set an auction date, which must be publicly advertised for 10 weeks.
Coyotes owner Alex Meruelo looked at various potential arena sites around the Valley before zeroing in on the tract of land near Scottsdale.
“I think people are craving certainty,” NHL Commissioner Gary Bettman said recently. “And we are, too, but this isn’t a 60-minute game where the light goes on and the game’s over. He’s (Meruelo) working on it. We still have some time.”
The Coyotes have been searching for a permanent home since their former owner took the franchise in bankruptcy in 2009. The team appeared to have stable footing at then-Gila River Arena, but the city of Glendale backed out of a multimillion-dollar lease agreement in 2015.
The Coyotes had leased Gila River Arena on a yearly basis before the city terminated the contract following the 2021-22 season. Arizona has played the past two seasons at Mullett Arena, a 5,000-seat facility that’s by far the NHL’s smallest and is shared with Arizona State University.
___
AP NHL: https://apnews.com/hub/nhl
veryGood! (9883)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Pack These Under $25 Amazon Products to Avoid Breaking Out on Vacation
- California Adopts First Standards for Cyber Security of Smart Meters
- 'Live free and die?' The sad state of U.S. life expectancy
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Don't get the jitters — keep up a healthy relationship with caffeine using these tips
- Country Singer Jimmie Allen Apologizes to Estranged Wife Alexis for Affair
- High inflation and housing costs force Americans to delay needed health care
- 2 killed, 3 injured in shooting at makeshift club in Houston
- A man dies of a brain-eating amoeba, possibly from rinsing his sinuses with tap water
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Cyclone Freddy shattered records. People lost everything. How does the healing begin?
- Jimmy Buffett Hospitalized for Issues That Needed Immediate Attention
- GOP Fails to Kill Methane Rule in a Capitol Hill Defeat for Oil and Gas Industry
- Intel's stock did something it hasn't done since 2022
- Britney Spears Makes Rare Comment About Sons Jayden James and Sean Preston Federline
- In Texas, Medicaid ends soon after childbirth. Will lawmakers allow more time?
- Mass Die-Off of Puffins Raises More Fears About Arctic’s Warming Climate
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
A surge in sick children exposed a need for major changes to U.S. hospitals
Pittsburgh synagogue shooter found guilty in Tree of Life attack
Cyclone Freddy shattered records. People lost everything. How does the healing begin?
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Save 30% On Spanx Shorts and Step up Your Spring Style With These Top-Sellers
Fossil Fuel Industries Pumped Millions Into Trump’s Inauguration, Filing Shows
Auli’i Cravalho Reveals If She'll Return as Moana for Live-Action Remake