Matt Kartozian-US PRESSWIRE
The Coyotes' future in the greater Phoenix area is in jeopardy. Unless a long-term agreement can be reached, the franchise could leave for another city.
The Phoenix Coyotes' quest to secure an owner to keep the team in Glendale has been a long and tedious one. According to this report from ESPN, the Glendale City Council will vote on a reconfigured lease agreement between potential owner Greg Jamison and the municipality on Tuesday night.
If the Coyotes, the city council and Jamison are able to reach an agreement, it could lock in a 20-year lease for the team to remain in the Phoenix area. The proposed deal would pay Jamison and his investors $320 million over the course of the lease. This could be enough for his group to purchase the Coyotes from the NHL.
There are plenty of opponents to keeping the Coyotes in Glendale. Mayor Elaine Scruggs once supported keeping the franchise around, although she is now against the deal due to the budget restrictions facing the city. And with concerns surrounding the team's profitability, some wonder if they are destined to be relocated down the road.
If the lease deal is rejected, it could mean the end of Jamison's bid for the franchise, which would put the Coyotes' future in Glendale in serious jeopardy.
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