TSN TV Schedule TSN2 TV Schedule
NHL

Prospective owners of Coyotes execute arena lease agreement

{eot}
The Canadian Press
7/8/2013 11:58:07 PM
Decrease Text SizeIncrease Text Size
Text Size

GLENDALE, Ariz. -- The prospective owners of the Phoenix Coyotes have signed their lease agreement for Jobing.com Arena.

Daryl Jones, partner with Renaissance Sports & Entertainment, tweeted on Monday that the lease agreement with the City of Glendale has been executed.

The Glendale City Council approved a 15-year, $225 million arena lease deal with RSE during a special session last week.

RSE still has to complete its purchase of the team and get approval from the NHL's Board of Governors, but those are expected to be formalities.

The Coyotes have been run by the league the past four years after former owner Jerry Moyes took the team into bankruptcy in 2009.

Jobing.com Arena (Photo: Christian Petersen/Getty Images)

zoom

(Photo: Christian Petersen/Getty Images)
Share This

Share This

Add to FacebookAdd to DiggAdd to FarkAdd to TwitterAdd to Stumble UponAdd to Reddit
Print this Story


TSN TweetBox
© 2014
All rights reserved.
Bell Media Television