Coyotes fans everywhere can finally rejoice as the fate of the team has become a little more clear. That’s right, the City of Glendale and the Arizona Coyotes have reached an agreement regarding their legal battle.

Per Fox Sports Arizona’s Craig Morgan, the terms of the deal should keep the team in Glendale for at least the next two seasons.

Craig Morgan highlights the terms here saying:

Per terms of the deal, the Coyotes will collect all hockey-related revenue streams that previously went to the City of Glendale, including a portion of naming rights, ticket surcharges and parking revenue, while the city will pay $6.5 million a year to the Coyotes to manage the arena. The out-clause that was part of the original 15-year, $225 million agreement has been removed.”
“We have come up with a resolution that works for both sides and is best for the team, our fans, the city and most importantly the taxpayers,” said Coyotes Co-Owner, President and CEO Anthony LeBlanc in a statement released by the Coyotes. “Neither side benefits from a long, drawn out legal battle. What’s important is putting this dispute behind us and focusing on growing the Coyotes business and in turn, further growing revenues for the entire Westgate Entertainment District. This decision will bring much-needed certainty to our fans and sponsors about our near-term future and an end to the uncertainty brought about through this legal action. We know that hockey works in the Valley and we are committed to Arizona for the long-term. We thank Coyotes fans and sponsors for their incredible support throughout this process. They have proven that they are among the most loyal and ardent in the NHL.”

The City of Glendale nor the Coyotes will be commenting further until after the special voting meeting tomorrow.

Sports and fashion are Allison's true passions. She grew up in the household of a professional athlete, and a family blessed with true athletic talent. She, on the other hand, must have been absent on the day that sport skills were passed out! Although, she does possess a zeal that most girls do not have for sports of all kinds, hockey has consumed her life in the most unexplainable way. Sports are such an integral part of who she is, and she is on journey of becoming a part of a professional sports organization. Growing up minutes from the Las Vegas Strip didn't leave Allison with many options for being a sports fan.Spending the majority of her summers on the East Coast, Allison became a fan of all things Boston, and her heart will always have a special place for the city (especially the Bruins). Allison currently is an employee of the Arizona Coyotes and falls more in love with the game each and every day. You can follow Allison on Twitter: @Alli_Galllagher and you can contact her by Email:


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