The Phoenix Coyotes are nearing a contract extension with general manager Don Maloney, according to a report by Craig Morgan of Fox Sports Arizona.
Morgan cites multiple sources in saying that the Coyotes, in conjunction with the NHL (the team's current owner), are finalizing the details of an extension. The specifics of the contract were not made available. Maloney's current contract will end on June 30. Many believe he would be highly sought after in the event that he was not retained by Phoenix.
The situation with the Coyotes has been tumultuous. The NHL has had operational control of the franchise since 2009 and has been attempting to sell it since. However, no deal has successfully been finalized. Many believed this would impact the negotiations with Maloney and head coach Dave Tippett, whose contract also expires on June 30. Some had expressed the opinion that they would wait until the ownership situation was resolved before renegotiating with the team.
However, if this report is accurate, it seems Maloney will still be in place regardless of what happens.