What we know about the Arizona Coyotes' potential relocation to Salt Lake City

2024-12-24 03:38:41 source: category:Finance

It has been a whirlwind week for the Arizona Coyotes with rampant reports of the team moving to Salt Lake City at the end of this season.

While it's not new for the Coyotes to deal with relocation rumors, speculation heated up earlier this week about the NHL franchise potentially moving to Utah. Dailyfaceoff.com reported Wednesday that the league is drafting two versions of the Coyotes' schedule for next season, one with the team playing at Arizona State's Mullett Arena, and the other with the team playing in Salt Lake City at Delta Center, the home of the NBA's Utah Jazz.

Since then, more outlets have confirmed that report and the franchise looks to be moving after the final regular-season game on Wednesday at Mullett Arena.

When did Salt Lake City become a destination

Many different cities have been floated around as potential relocation spots for the Coyotes in the team's 27 seasons in Arizona, from Houston to Quebec City.

All things Coyotes: Latest Arizona Coyotes news, schedule, roster, stats, injury updates and more.

But Salt Lake City is the spot that has stuck. The NHL announced on Jan. 24 that Smith Entertainment Group (SEG), the parent company of the Jazz, formally requested to initiate an expansion process for the purpose of bringing an NHL team to Utah. 

It was revealed that Ryan Smith, chairman of SEG and governor of the Jazz, has been in discussions with NHL commissioner Gary Bettman since 2022. Smith is the executive chairman and co-founder of Qualtrics, an experience management company based in Provo, Utah, that is worth $2.2 billion.

SEG told the NHL it can welcome a franchise to Salt Lake City as soon as next season, using Delta Center as an interim home arena. 

Since then, Smith has been actively sharing his thoughts on bringing an NHL team to the city on his X account. On April 8, two days before the initial relocation reports were shared, Smith asked for a fan survey on what a potential team would be named. 

What is happening with the potential arena plans in Phoenix

Coyotes owner Alex Meruelo, through a law firm, applied to buy state trust land last June to turn into a $3 billion entertainment district with restaurants, stores and apartments, as well as a 17,000-seat professional hockey arena.

The Coyotes hope to buy the property from the Arizona State Land Department at auction in June. The starting bid will be nearly $70 million. The proposed project is for about 100 acres of land near Loop 101 and Scottsdale Road, on the Phoenix side of the Phoenix-Scottsdale city line.

While Meruelo won't have a team for the arena, news outlets said the reported $1 billion sale to Smith would give him the right to reactivate the franchise within five years through an expansion franchise if an arena is built.

What has Coyotes owner Alex Meruelo said?

He put out a statement on Saturday, saying he can't speak publicly at this time because there are myriad unresolved issues. He promised to "publicly address all of your concerns as promptly as possible."

What do the players know?

The Coyotes were in the middle of a five-game road trip and were set to play the Vancouver Canucks when reports of a move were swirling on Wednesday. The players and coaching staff knew as much as fans did at that time.

“Throughout this entire time, there hasn’t been a ton of discussion around what’s going on," forward Clayton Keller said at Friday's morning skate in Edmonton. "We’ve just been taking it day by day and heard different things here and there. None of them are really true, so we’ve just learned from that and take it day by day.” 

However, the players and staff reportedly learned more after.

Coyotes general manager Bill Armstrong flew to Edmonton to address the team about the relocation rumors ahead of the game against the Edmonton Oilers Friday night, and multiple reports later said he told players the team was moving.

A report on Sportsnet Friday evening said Armstrong informed the team it would be relocating to Salt Lake City and the move would be official after the team's season finale. The report said Armstrong told the team they would have a chance to check out the new location after the final game.

ESPN also reported that the team was told about the move.

What could happen to the Tucson Roadrunners?

One team that might not leave Arizona would be the Tucson Roadrunners, the Coyotes American Hockey League affiliate. It was reported that Meruelo would maintain the Coyotes’ name, logos and trademarks, plus ownership of the Roadrunners in a sale to Smith.

However, there are reports that the Roadrunners could move to Tempe, according to a Wednesday report from InsideAHLHockey.com. The Coyotes are currently scheduled to play at Mullett Arena through at least the 2024-25 season.

The team's future in Tucson has not been confirmed.

"At this point, nothing has trickled down to (the city or Tucson Convention Center) that would give us any information that has the Roadrunners relocating," City of Tucson spokesman Andy Squire told the Arizona Daily Star Thursday.

More:Finance

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