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06-27-2013, 10:10 AM
Join Date: Jul 2009
The latest Phoenix Coyotes deal is at yet another impasse that will determine the team’s future in Arizona.
The city and a group trying to buy the team—Renaissance Sports and Entertainment—need to get an arena deal done over the next few days—at the most—to meet the latest in a series of deadlines. The two sides have yet to come to final terms over guaranteed money in an arena deal needed for Renaissance to secure financing and finalize a Coyotes purchase.
The NHL, which owns the Coyotes, has etched July 2 as the latest deadline for a deal to get done.
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