Arizona Coyotes’ bid for new arena rejected by voters - Terrace Standard

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Arizona Coyotes’ bid for new arena rejected by voters - Terrace Standard
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Arizona Coyotes’ bid for new arena rejected by voters

In the first release of results from Tuesday’s referendum, voters in the Phoenix suburb of Tempe were strongly against three propositions to build a $2.3 billion entertainment district that would include a new arena for the Coyotes.

The vote took place after the city of Phoenix and Sky Harbor International Airport expressed concerns about residences that were part of the project in a high-noise area under the airport’s flight path. Then-owner Jerry Moyes took the Coyotes into bankruptcy in 2009 and Canadian billionaire Jim Balsillie put in a bid to purchase the team with the intention of moving it to Hamilton, Ontario.

A new ownership group brought new hope in 2013 but turmoil surfaced again in 2015, when the city of Glendale backed out of a long-term, multimillion-dollar lease agreement. The Coyotes leased the arena on an annual basis until Glendale announced it was terminating the contract after the 2021-22 season.

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