The team will play another season at Gila River Arena

[Ronin]

Craig Morgan‏Verified account@craigsmorgan 1h1 hour ago
Coyotes COO/General Counsel Ahron Cohen confirmed today that team didn’t opt out of its lease before Dec. 31 deadline & will play another season at Gila River Arena. Coyotes have consistently said they’d do so since the summer. Lease automatically renews if team doesn’t opt out.

 

[puckhead]

It's not the Coyotes, but hopefully a good sign for things to come.

The Westgate Entertainment District in Glendale now has the backing of a local billionaire.

YAM Properties, the commercial real-estate company owned by GoDaddy founder Bob Parsons, announced today it has purchased the 76-acre property from iStar Inc. The sale price was $133 million, according to Jesse Goldsmith, vice president at CBRE and one of the property's brokers.

Parsons, of Scottsdale, said in a released statement that he sees huge potential for the entertainment district along Loop 101 and Glendale Avenue, which borders Gila River Arena, home of the Arizona Coyotes, and is near University of Phoenix Stadium, home of the Arizona Cardinals.

“We’re looking to develop features that will entice even more visitors and residents to this unique and vibrant Valley location,” he said.

...

"Westgate is the front door to the stadium and the arena," he said.

But the Coyotes have been threatening to leave for years, and the team is now on a year-to-year lease.

Asked whether Parsons or YAM Properties is worried about the Coyotes' future at Westgate, Dahl said he did not want to comment on speculation.

Parsons has not considered buying the Coyotes, or the arena, Dahl said.

At least he hasn't ruled out buying the arena or the Yotes.

https://www.azcentral.com/story/new...le-westgate-entertainment-district/694042002/

 

[Ronin]

Such a tease.