Phoenix Coyotes sale: Glendale to extend team deadline again

The NHL and the City of Glendale plan on extending the agreement that sees the league running Jobing.com Arena for 30 more days, as Greg Jamison attempts to purchase the Phoenix Coyotes, the Phoenix Business Journal reported on Monday.

Jamison has been trying to purchase the team from the NHL and keep the team in the Phoenix area. The NHL took over the Phoenix Coyotes after the previous owner Jerry Moyes declared bankruptcy in 2009. The latest 30-day agreement between Glendale and the NHL expired at the end of September.

The Glendale City Council approved a deal in June for a new arena, but the city is holding out and trying to get better terms on a deal. Meanwhile, Jamison has an agreement with the NHL in place, but is still seeking capital to meet the NHL's $170 million asking price for the Coyotes.

The city of Glendale has paid the NHL approximately $25 million for each of the past two seasons to run the Jobing.com Arena.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.