• Loading stock data...
Monday, February 24, 2025

Arizona Cancels Auction for Land Coyotes Owner Sought for New Team

  • Alex Meruelo sold everything but the Coyotes name earlier this year.
  • The land was key to Meruelo’s hopes of restarting an NHL franchise in Arizona.
David Kirouac-USA TODAY Sports

The Arizona Coyotes’ hopes for a revival in the Phoenix area took another hit Friday.

The Arizona State Land Department canceled an auction planned for Thursday for a 110-acre piece of state-owned land in north Phoenix that Coyotes owner Alex Meruelo sought to purchase for a new arena—the first step toward his quest to revive NHL hockey in the area. Meruelo sold everything but the team’s name to Utah Jazz owner Ryan Smith as part of a $1.2 billion deal in April.

“This unprecedented action by the State of Arizona seriously jeopardizes the future of NHL hockey returning to the desert,” the Coyotes said in a statement posted to X.

Meruelo retained the Coyotes name, and the NHL gave him five years to restart the Coyotes as an expansion franchise. But the Arizona State Land Department’s sudden shift Friday clouded Meruelo’s future plans for the Coyotes. 

“The Arizona Coyotes are exploring all of our legal options given this shortsighted decision by the State,” the Coyotes said in their post.

In another statement provided to Front Office Sports, the Arizona State Land Department said the land would require a special use permit and any bidders would need to complete the application process to spell out what they intend to build on that land. 

“We understand the delay in an auction is a disappointment for our applicant and members of the public, but the change in timing is the prudent decision for the Trust,” the land department said. “ASLD remains open to working with our applicant to bring the land forward to auction in the future if a special use permit is received.”

The land was appraised for $68.5 million, and multiple bidders beyond Meruelo were expected to take part in the auction. 

This is a developing news story.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sep 29, 2024; Brooklyn, New York, USA; Las Vegas Aces center A'ja Wilson (22) dribbles the ball against New York Liberty forward Jonquel Jones (35) during game one of the 2024 WNBA Semi-finals at Barclays Center.

A’ja Wilson’s Star Continues to Rise With Release of Nike Shoe

Shoe deals have picked up alongside growing popularity of the WNBA.
Feb 3, 2025; New Orleans, LA, USA; Super Bowl LIX signage at the Hyatt Hotel.

New Orleans Home Rentals Skyrocket Around Super Bowl

Short-term rental revenue has already reached $10.5 million.
Jun 12, 2024; Dallas, Texas, USA; NBA TV analyst Charles Barkley talks on set before game three of the 2024 NBA Finals between the Boston Celtics and the Dallas Mavericks at American Airlines Center.

Charles Barkley Will Deny NBC, Amazon Offers to Stick With Turner

Barkley has repeatedly flip-flopped in his career plans in recent years.
A Fox Sports camera records on the sideline prior to the NCAA football game between the Ohio State Buckeyes and the Nebraska Cornhuskers at Ohio Stadium in Columbus on Saturday, Oct. 26, 2024.

Fox Sports Suspends Exec Accused of Sexual Misconduct: NYT

Dixon is a defendant in two lawsuits filed by former Fox Sports employees.

Featured Today

‘Ultimate Throwback’: The Unimpeachable Cool of Hartford Whalers Gear

Nostalgia and street cred have driven a consistent frenzy for merch.
January 20, 2024; Santa Clara, CA, USA; Kristin Juszczyk, wife of San Francisco 49ers fullback Kyle Juszczyk (44), before a 2024 NFC divisional round game against the Green Bay Packers at Levi's Stadium.
February 1, 2025

The New WAGs: Sports Wives Building Business Empires

Athletes’ wives and girlfriends are bucking stereotypes and cashing in.
Feb 3, 2019; Berkeley, CA, USA; California Golden Bears mascot dances on the court during a stoppage in play in the second half against the Stanford Cardinal at Haas Pavilion.
January 31, 2025

The Toll of Bicoastal Travel on New ACC Members Cal and Stanford

Cal and Stanford face missed flights, chaotic sleep schedules, and academic demands.
January 28, 2025

It’s Starting to Pay to Be Good at Cornhole

American Cornhole League players made $7.7 million in 2024.

Commanders Don’t Yet Control RFK Stadium Site. An Architect Has Grand Plans..

Architect Kyle Murphy seeks a “truly national stadium.”
January 16, 2025

Caitlin Clark Effect Fuels Fever’s New $78M Downtown Training Center

The WNBA club is the latest to develop a new practice facility.
January 27, 2025

Rays Stadium Deal in Trouble: Owner Raises Concerns Over Funding Delays

The MLB club still has concerns about an agreed-to stadium deal.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Sep 8, 2024; Cleveland, Ohio, USA; Cleveland Browns quarterback Deshaun Watson (4) runs the ball while looking for a receiver against the Dallas Cowboys during the first quarter at Huntington Bank Field.
January 15, 2025

Cleveland Countersues Browns As Stadium Dispute Escalates

The Browns want to build a $2.4 billion dome in the suburbs.
Apr 7, 2022; Atlanta, Georgia, USA; A general view of fans outside of Truist Park before the game on Opening Day between the Atlanta Braves and Cincinnati Reds.
January 14, 2025

Philly Rips Page From Rival Playbook With Sports Complex Revamp

Philadelphia’s mayor frequently touts the influential Braves development.
January 13, 2025

76ers Choose to Stay in South Philly, Scarred by Protests and Opposition

The pact also includes Comcast acquiring a stake in the 76ers.
Josh Harris
January 13, 2025

Commanders, Sixers Owner Josh Harris Had a Wild, Historic Sunday

The tri-city team owner crossed two big milestones Sunday.