Current:Home > ScamsArizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site -NextGenWealth
Arizona Coyotes cleared to bid for tract of land in north Phoenix for new arena site
View
Date:2025-04-17 03:21:30
PHOENIX (AP) — The Arizona Coyotes have the green light to bid on a tract of land in north Phoenix in their yearslong bid to build a new arena.
The Arizona State Land Department Board of Appeals unanimously approved the $68.5 million appraisal of the 95 acres on Thursday. The decision sets the stage for the Arizona State Land Department to sell the land at auction with a starting price of $68.5 million. The next step is to set an auction date, which must be publicly advertised for 10 weeks.
Coyotes owner Alex Meruelo looked at various potential arena sites around the Valley before zeroing in on the tract of land near Scottsdale.
“I think people are craving certainty,” NHL Commissioner Gary Bettman said recently. “And we are, too, but this isn’t a 60-minute game where the light goes on and the game’s over. He’s (Meruelo) working on it. We still have some time.”
The Coyotes have been searching for a permanent home since their former owner took the franchise in bankruptcy in 2009. The team appeared to have stable footing at then-Gila River Arena, but the city of Glendale backed out of a multimillion-dollar lease agreement in 2015.
The Coyotes had leased Gila River Arena on a yearly basis before the city terminated the contract following the 2021-22 season. Arizona has played the past two seasons at Mullett Arena, a 5,000-seat facility that’s by far the NHL’s smallest and is shared with Arizona State University.
___
AP NHL: https://apnews.com/hub/nhl
veryGood! (656)
Related
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- At Paris Olympics, Team USA women are again leading medal charge
- 'Stop the killings': Vigils honor Sonya Massey as calls for justice grow
- 3-year-old dies in Florida after being hit by car while riding bike with mom, siblings
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Singer Autumn Nelon Streetman Speaks Out After Death of Family Members in Plane Crash
- The latest stop in Jimmer Fredette's crazy global hoops journey? Paris Olympics.
- Two dead after boats collide on Tickfaw River in Louisiana
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Olympic gymnastics recap: US men win bronze in team final, first medal in 16 years
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Watch: How to explore famous museums around the world with Google Arts & Culture
- Harvey Weinstein contracts COVID-19, double pneumonia following hospitalization
- Reports: 1 man dead from canyon fall at Starved Rock State Park in Illinois
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Paris Olympics highlights: Team USA wins golds Sunday, USWNT beats Germany, medal count
- Sliding out of summer: Many US schools are underway as others have weeks of vacation left
- Phaedra Parks Officially Returning to The Real Housewives of Atlanta Season 16
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
MLB trade deadline rumors heat up: Top players available, what to know
From discounted trips to free books, these top hacks will help you nab deals
USWNT dominates in second Paris Olympics match: Highlights from USA's win over Germany
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Johnny Depp pays tribute to late 'Pirates of the Caribbean' actor Tamayo Perry
Olympic medals today: What is the medal count at 2024 Paris Games on Monday?
American flags should be born in the USA now, too, Congress says